Kenyan traders continue to buy most of their products from outside the East Africa region despite the free trade agreement signed with neighbouring countries, new trade figures show.
Jordan will ask Saudi Arabia to intervene with the Secretariat of the Gulf Cooperation Council to help it sign an agreement on economic cooperation and free trade with GCC member states.
The Palestinian Authority has opened trade talks with Brazil, Argentina and other Latin American countries, in an effort to boost economic and political ties with the fast-growing Mercosur bloc.
Deputy minister of Trade and Industry has assured the people of Sierra Leone and ECOWAS states that her ministry with its trade partners will soon be more resourceful in market investment.
The two-day SADC Summit ended in Windhoek on Tuesday with regional leaders reaffirming their commitment to deepening economic integration and speedy implementation of the bloc’s programmes.
Consolidation of the Free Trade Area and preparations towards a Customs Union remain SADC’s priorities in order to deepen regional integration, SADC Executive Secretary Dr Tomaz Salomao said in remarks at the 30th anniversary jubilee summit of Heads of State and Government, in Windhoek, Namibia yesterday.
Even though the implementation of the Southern African Development Community (SADC) free trade area is yet to take place, there are notable areas of progress indicating that the activation of the free trade area is not far off.
Turkey and the East African Community will start negotiations for a Free Trade Agreement and a Trade and Investment Framework Agreement next month, the East African Business Council has announced.