Dar es Salaam, Tanzania | Xinhua | The East African Community (EAC) has handed over laboratory equipment to member states of the regional bloc as part of a project aimed at improving regional trade in seed potatoes in eastern Africa, the EAC said in statement on Tuesday. The statement said the …
Read More »East Africa to fast-track harmonization of food standards to boost intra-regional trade
Nairobi, Kenya | Xinhua | East African Community (EAC) member states are keen to fast-track harmonization of food standards in order to boost intra-regional trade, officials said Wednesday. Mary Mwale, head of food security at Kenya’s Ministry of Agriculture, Livestock and Fisheries, said in the Kenyan capital Nairobi that the region …
Read More »Private sector players to spearhead implementation of trade treaties
Kampala, Uganda | THE INDEPENDENT | Government has mapped out a policy for different private sector players, to be responsible for the implementation of the different trade agreements the government signs, as individuals or under their associations. This revelation was made by Francis Mwebesa, the Minister for Trade, Industry and Cooperatives, …
Read More »East African businessmen look forward to Ruto Presidency
Kampala, Uganda | THE INDEPENDENT | The ascendency of William Ruto to the presidency of Kenya has raised speculation, and hope, among the people of the East African Community, for better trade and economic relations within the region. The business community will for long remember the troubles that they have faced …
Read More »China will continue to work with Russia
Samarkand, Uzbekistan | Xinhua | China is ready to work with Russia in extending strong support to each other on issues concerning their respective core interests, Chinese President Xi Jinping said during a meeting with his Russian counterpart, Vladimir Putin, here on Thursday. Xi met with Putin at Forumlar Majmuasi …
Read More »China a promoter of fairer, inclusive globalization – Nigerian scholar
Abuja, Nigeria | Xinhua | A Nigerian scholar has said China is the creator of a fairer and more inclusive globalization. With a significant political and economic influence around the world, “there is no way for China to be excluded,” said Sheriff Ghali Ibrahim, head of the department of political science …
Read More »China, Türkiye hold forum to boost economic ties
Istanbul, Turkey | Xinhua | A forum aimed at boosting financial cooperation between Türkiye and China has brought together leading figures in finance, technology, and governance in Istanbul. The Belt and Road Financial Cooperation Forum held on Thursday focused on topics such as digital economy, green economy, technological development and …
Read More »Botswana to stabilize trade imbalances with South Africa
Gaborone, Botswana | Xinhua | President Mokgweetsi Masisi of Botswana on Thursday said the southern African country continues to work tirelessly to improve exports to South Africa. Addressing the Botswana-South Africa Business Forum Roundtable held on the occasion of the 28th anniversary celebrations of the establishment of diplomatic relations between …
Read More »Using dollar supremacy for sanctions is disruptive, says economist
Using dollar supremacy for sanctions could well lead to other countries backing away from it (the dollar) London, UK | Xinhua | The U.S. government’s frequent use of dollar supremacy for sanctions against other countries could negatively impact global trade and finance, an economist has said. “One of the problems with …
Read More »Countries asked to place regional integration above national interest
Kampala, Uganda | THE INDEPENDENT | South Africa is concerned that most African countries still consider national interests ahead of regional integration which continues to stifle regional trade and development. According to South African Minister for International Relations and Cooperation Naledi Pandor, this is likely to limit the outcomes of the …
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