Trade

Trade Facilitation Will Support African Industrialisation

In the 1960s, there were high hopes for the development of the newly-independent sub-Saharan African countries but these hopes were quickly dashed following a series of shocks which began in the mid-70s, with the first oil price spikes, followed by a severe decline in growth and increase in poverty in the 80s and early 90s.

South Stymies North in Global Trade Talks

A group of developing countries brought a tectonic shift at the World Trade Organization on Friday by turning the tables against the industrialised countries, when they offered a positive trade agenda to expeditiously arrive at a permanent solution for food security and other development issues, before adopting the protocol of amendment of the contested Trade Facilitation Agreement.

From Havana to Bali, Third World Gets the Trade Crumbs

The world of today is considerably different from the one at the end of the Second World War; there are no more any colonies, though there are still some 'dependent' territories.

Fragility of WTO’s Bali Package Exposed

The “fragility” of the World Trade Organization’s ‘Bali package’ was brought into the open at the weekend meeting in Sydney, Australia, of trade ministers from the world’s 20 major economies (G20).

OPINION: Why Asia-Europe Relations Matter in the 21st Century

Hopes are high that the 10th Asia-Europe Meeting – or ASEM summit – to be held in Milan on October 16-17 will confirm the credibility and relevance of Asia-Europe relations in the 21st century.

Africa Under “Unprecedented” Pressure from Rich Countries Over Trade

African countries are coming under strong pressure from the United States and the European Union to reverse the decision adopted by their trade ministers to implement the World Trade Organization’s trade facilitation agreement on a “provisional” basis.

Showing the West that Russia is Not Alone

Aleksander Mizdrakin is convinced he knows who Russia’s future international partners are – and they’re not in Europe, nor is the United States among them.

Trade – Growth Recovering but Restrictions on the Rise

The Bali Package, approved on Dec. 7 by the World Trade Organisation (WTO) members, was a historic achievement, representing a significant boost for trade, growth and development around the world. But its true significance lies in what it allows us to do next to conclude the Doha Development Agenda.

‘Business Is Business, Moses Is Moses’

As civil war paralyses Syria’s transit routes and political flux in Egypt may affect security at the Suez Canal, Israel is busy repositioning itself as a transhipment hub and trade gateway to the Middle East.

Can Cambodia Trade its Way out of LDC Status?

As one of the world’s 48 least developed countries (LDCs), Cambodia is afforded the most beneficial trade ranking to the European Union (EU) under the generalised scheme of preferences (GSP) known as the Everything But Arms (EBA) scheme.

Czechs Weigh Human Rights Against Business

The Czech foreign ministry has insisted the country’s support for human rights is “not for sale” after calls from the prime minister to drop “fashionable political causes” such as supporting the Dalia Lama and the jailed Russian pop group Pussy Riot.

Justice a Long Way Off for Dead Miners

The South African Police Service members who were involved in a bloodbath with striking workers at the Marikana mine in North West Province could face murder charges, sources close to the investigation told IPS.

Malawi Checks China’s African Advance

The move in Malawi to close down Chinese businesses outside of the four major cities has been condemned as xenophobic by rights organisations. A new law enforced Jul. 31 barred foreigners from carrying out trade in Malawi’s outlying and rural areas.

Mozambican entrepreneur Lucia Bebane has a budding peanut business despite the challenges for small businesspeople. / Johannes Myburgh/IPS

Building a Company in Mozambique – One Peanut at a Time

When you board Mozambique’s national carrier, Linhas Aéreas de Moçambique, you will most likely be given small blue packets of peanuts to munch as the jet whisks you from the country’s capital, Maputo, to as far afield as Europe. Sugar, salt or chilli flavour. Take your pick.

Mercy Kamphoni is able to send all her children to school and provide for her family’s needs – thanks to paprika. / Claire Ngozo/IPS

Paprika – Spicing Up Malawi’s Economy

As she sits down to watch the 8pm news on TV, Mercy Kamphoni from Chamtulo Village in Malawi’s Mangochi lake district looks elated. She still cannot believe that she is the new proud owner of a television set, refrigerator and radio.