Kenya is hoping for a temporary trade partnership before establishing a fully-fledged trade deal with the United States, Citizen Digital news portal reported, citing outgoing Trade and Industrialization Cabinet Secretary Betty Maina.
Policymakers and business leaders on Tuesday emphasised the implementation of a preferential trade agreement the member countries of the Developing-8 (D-8) signed to facilitate trade and investments among the eight countries.
Currently, trade between partners is at 20 percent, lower than the expectations of leaders at the time of the launch. EAC members are trading more with countries outside the bloc than partner states..
The NAC scribe said it has been acknowledged that the gains from AfCFTA will only materialise through comprehensive and sustainable implementation focused on outcomes,...
Kenya exported $685.1 million worth of goods to the United States in 2021, of which more than 75% entered duty free under AGOA, according to the Congressional Research Service
A protocol was signed here on Thursday to give a three-month extension to Afghanistan-Pakistan Transit Trade Agreement 2010 to continue the facility for the landlocked country.
Customs officials from around Africa gave a nod to the adoption of continental guidelines to facilitate the free flow of cross-border trade.
The new pact is expected to ease trade barriers, strengthen regulation and crack down on corruption.
US and Brazilian officials are working on a deal covering trade facilitation, digital trade and regulatory practices, with a target for the end of the year, a top Brazilian diplomat said.
The US and Brazil are hoping to conclude an agreement on trade rules and transparency this year, including trade facilitation and good regulatory practices.
Members of the East African Community to implement trade facilitation reforms including reducing “non-tariff barriers”.
Pakistan would evaluate its trade policy according to modern trends, and implement the strategic policy framework 2015/19 in letter and spirit to boost the country’s exports.
Negotiators from Asia-Oceania countries struck deals on customs procedures and trade facilitation and government procurement covered by RCEP free trade agreement. Adding to two previously concluded chapter of economic and technical cooperation as well as small businesses.
Forging links between the entrepreneurs of India and Israel in areas of technology and innovation is high on the agenda of both the governments as they look for ways to propel ties to the next level.
In Malaysia, people of Chinese descent account for about a quarter of the population. With China seeking a stronger economic foothold overseas through its "Belt and Road" initiative, this community is looking to benefit.
Indonesia and Turkey held first round on Comprehensive Economic Partnership Agreement in Jakarta. Delegations from both the countries discussed the agreement’s terms of reference (ToR) as well as trade issues, such as legal matters and customs.
More than 100 US-based retailers, agriculture groups and transportation councils urged the government’s trade agency to preserve trucking provisions in any new version of the North American Free Trade Agreement.
As published by the European Commission
The Tunisian government has announced plans to create a free trade zone within the southern town of Ben Guerdane.
The document, signed by the parties, establishes the terms for the negotiations to update and expand the FTA between Mexico and the EFTA.