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AfCFTA targets $12bn trade in 4 years –Experts
Stakeholders have said the African Continental Free Trade Area Agreement (AfCFTA) has the potential to grow trade value in Nigeria to the tune of $12 billion by 2027.
IPEF is prosperity for the TNCs, degrades peoples’ interests
With the pressing issues of rising prices of basic commodities, the declining real wages and purchasing power of workers, and the destruction of local agriculture, the IPEF and its Four Pillars will degrade the lives of the people and the planet.
Kenya–US resume physical trade meetings
Trade talks between Kenya and the US are back on track with full resumption of in-person meetings after a six-month break following Kenya’ s elections and change of administration.
US Chamber, African Continental Free Trade Area secretariat sign MOU, launch working group to strengthen collaboration
The U.S. Chamber of Commerce’s U.S.-Africa Business Center (USAfBC) and the African Continental Free Trade Area Secretariat (AfCFTA) signed a Memorandum of Understanding (MoU) today to launch a working group to help advance trade and investment between the U.S. and Africa.
UAE delegation in capital to hammer out trade pact
A second round of formal negotiations for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) is being held in Phnom Penh.
Indonesia, EU to expedite IEU-CEPA negotiations
Indonesia and the European Union (EU) agreed to accelerate the IEU-CEPA negotiations, marked by the successful completion of the substance of financial services arrangements under the services trade framework.
Marcos pushes for PH-EU free trade amid COVID-19 recovery
President Ferdinand Bongbong Marcos Jr. made a pitch for a free trade agreement between the Philippines and the European Union to shore up economic recovery following the onslaught of the COVID-19 pandemic.
Africa’s bumpy road to regional economic cooperation
Countries of West Africa have an uphill task before them on the political and economic fronts. Recent events have proved rather distressing and they clearly signpost greater causes for worries about the sub-region’s future.
Will US replace African Growth and Opportunity Act with Continental Free Trade Agreement?
Does the US intend to replace Agoa — the African Growth and Opportunity Act — which has benefitted so many SA exporters, with a free trade agreement with the African Continental Free Trade Agreement (AfCFTA) when Agoa expires in 2025?
AGOA comeback under threat from Africa free trade deal
The US government is exploring ways of renewing a preferential trade programme that gives countries in sub-Saharan Africa preferential access to US markets, allowing them to export products tariff-free.
AAFA calls for prioritizing AGOA renewal at US-Africa Leaders Summit
The American Apparel & Footwear Association (AAFA) and more than 20 organizations have appealed for long-term renewal of the African Growth and Opportunity Act (AGOA).
Africa Business Forum: US., Benin, Niger sign $504 million Regional Investment
WASHINGTON (Dec. 14, 2022) — The Millennium Challenge Corporation (MCC) took center stage at today’s U.S.-Africa Business Forum as the United States, Benin, and Niger governments signed the first-ever MCC regional program — the $504 million Benin-Niger Regional Transport Compact.
India, Australia aim to finish trade talks by September
With the interim trade deal between India and Australia set to come into force on 28 December, the two countries are aiming to complete negotiations for the Comprehensive Economic Cooperation Agreement (CECA) agreement by September next year.
The European Union and Thailand sign Partnership and Cooperation Agreement
Thailand is the sixth ASEAN partner to finalise negotiations for a PCA with the EU following Indonesia, Vietnam, the Philippines, Singapore and Malaysia.
Indo-US Trade Policy Forum likely to be held in early 2023
The TPF is a premier forum to resolve trade and investment issues between India and the US, focusing on agriculture, investment, innovation (intellectual property rights), services and tariff and non-tariff barriers.
Switzerland must withdraw from the Energy Charter
The Energy Charter Treaty protects companies that invest in fossil fuels. A growing number of countries are withdrawing from it, while Switzerland continues to thwart the energy transition.
“We reject the Indo-Pacific Economic Framework!”
APWLD members and partners attending the APWLD Convening on Trade and Corporate Power in Asia Pacific in Chiang Mai, Thailand stand together to oppose the IPEF which is currently on its first round of negotiations in Australia.
Trade pact between India, Canada likely to be clinched in 2023: Officials
Negotiators on both sides are working on ironing out the differences that remain before a mutually acceptable document is arrived at. They are scheduled to meet for two rounds of discussions in New Delhi and Ottawa in January and February.