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Tag Archives: trade
Nigeria, Brazil, China, the European Union (EU) and a host of other leading economic powers today, made tremendous progress on Investment Facilitation Initiative for Development, in Marrakech, Morocco, during the World Trade Organisation (WTO) Mini-Ministerial meeting.
South Africa and Turkey have committed to strengthening trade and economic relations between the two countries with the aim of increasing two-way bilateral trade and investment. This emerged on the last day of the third Session of South Africa-Turkey Joint Economic Commission (JSE) which was addressed by the Minister of Trade and Industry, Dr. Rob Davies, and the Turkish Minister of National Education, Dr. Ishmet Yilmaz in Pretoria today.
International Trade Secretary announces increasing financial support for UK businesses to trade with South Africa and Mozambique
International Trade Secretary, Dr Liam Fox , announced increases in financial trade support for UK businesses to trade with South Africa as he flew out to South Africa and Mozambique to discuss strengthening trade relations (Sunday 17 September).
Boosting intra-African trade is the most effective channel for trade to deliver development on the African continent, said Mr. Karingi, adding deeper trade integration is the surest way to speed up Africa’s economic transformation
Trade between Switzerland and Ghana was worth CHF 2.38 billion in 2016, a significant increase over the previous year
The study details how official and unofficial fees and charges associated with trade impact Ghana’s trade volume, government revenues, and private sector viability
The sixth meeting of the Continental Free Trade Area Negotiating Forum (CFTA-NF) was held from the 5th to 10th of June 2017, in Niamey, Niger, followed by the third meeting of the Senior Trade Officials (STO) and the African Ministers of Trade (AMOT) from 12th to 14th and 15th to 16th June 2017 respectively.
ATI supported USD4 billion worth of trade and investments in 2016 – African countries urged to seek support from the insurer
The African Trade Insurance Agency (ATI) (www.ATI-ACA.org), held its 17th Annual General Meeting today. The sustained commodity price decline and current geopolitical uncertainties took centre stage. Meeting participants urged African governments to intently focus on growing intra-African trade and diversifying their economies away from commodity reliance in order to reduce vulnerability to external shocks. With sub-Saharan Africa’s GDP growth rates expected to hit a record low of 1.5% depressed commodity rates are seen to be one of the major drivers with export producers accounting for two-thirds of the region’s growth.
A close relationship between South Africa and Zimbabwe has laid a solid foundation towards advancing industrialisation and regional integration between the two countries and in the region. This was said by the Director of Export Marketing and Promotions at the Department of Trade and Industry (the dti), Ms Seema Sardha during the Trade and Investment Seminar that was held on the margins of the 58th Zimbabwe International Trade Fair (ZITF)
Currently intra-Africa trade stands at a mere 12% compared with about 40% in North America and about 60% in Western Europe
Growing cement capacities in West and East Africa, new pockets of demand and growth as well as the region’s openness towards new cement technologies and raw materials take center stage at CMT’s 9th Africa CemenTrade Summit on 4-5 April, 2017 in Abidjan, Côte d’Ivoire.
Otavio Veras, Researcher of the NTU-SBF Centre for African Studies
Last week, Dr Rob Davies – Minister of Trade and Industry, met with Dr Liam Fox – International Trade Secretary, in London for bilateral talks on trade and economic relations. This furthers an existing high-level engagement between the United Kingdom and South Africa. In 2015, bilateral trade in goods and services between the UK and South Africa stood at £7.6 billion with UK exports of goods and services increasing by 25% over the past 10 years while South Africa’s export has increased over 5% on an annual basis over the past 10 years – making South Africa the third biggest trading partner for the UK in the Commonwealth.