The trade liberalisation of the past couple of decades is eroding the advantage that least developed countries (LDCs) enjoy in export markets as duty and quota free access has become less valuable.
Mauritius had almost lost hope for its textile and clothing industry after the closure of several big factories over the past few years. The sector dropped to a negative growth rate of -12.5 percent in 2006 but has since been revamped to manufacture upmarket goods.
‘‘The days of trade preferences and of cheap food are over. We are living in an era of competition and we have no choice but to reduce our costs of production.’’
The Namibian government plans to stay the course with export processing zones (EPZ) despite one of the largest of the foreign investors, Malaysian textile company Ramatex, deciding last week to close down its operations-a move that will destroy 3,000 jobs.
The Group of 33 developing countries has denounced the draft text on the special safeguard mechanism in the current Doha Development Round of World Trade Organisation (WTO) talks as ‘‘extremely inadequate... stringent, restrictive, burdensome (and) ineffective’’.
Food import surges have had devastating consequences for the rural poor and local economies in Africa. Such surges have taken place with alarming frequency in the past decade or two.
The World Trade Organisation’s beleaguered Doha Round could either be wrapped up in the next two to three months or be stalled for an indefinite period of time.
The Doha Round negotiations on industrial products have once again come under fire at the World Trade Organisation (WTO), with developing countries such as South Africa saying that the proposed tariffs cuts will spell the end of their industrial development.
Elizabeth Mutai, who farms passion fruit in the Keiyo district in Kenya's Rift Valley, is worried. Sales of the crop has dropped significantly since the eruption of violence after the election held in December 2007.
Low prices continue to haunt Malawian tea on the auction floors, a bitter irony for some producers as the country is regarded as the pioneer of tea-growing in Africa.
The European Union is determined to get those African countries on board which have so far kicked against the economic partnership agreements (EPAs). At the end of 2007, only 35 out of 78 African, Caribbean and Pacific (ACP) countries had initialled EPAs.
The European Union (EU) has an ambitious agenda for the economic partnership agreement (EPA) negotiations. It is pushing for the conclusion of full agreements in the next one to three years, covering everything from services to ‘‘trade-related’’ issues such as investment, competition and government procurement.
The European Union (EU) is concerned about competing with China for access to resources and markets in Africa, which partly explains its drive to hook African states into the trade deals called economic partnership agreements (EPAs).
The economic partnership agreements (EPAs) currently being negotiated between Europe and its former colonies in the African, Caribbean and Pacific (ACP) regions are not about equal partnerships but about enabling ‘‘big giant Europe to gain better access to African markets’’.
African and international civil society organisations have adopted a call for action, urging the rest of the world to redouble its efforts to stop the European Union's drive to institute economic partnership agreements (EPAs).
The Ugandan parliament will soon have a hearing on the draft Plant Variety Protection Bill, approved by the cabinet early last year. If passed unmodified, the bill is likely to entrench the rights of breeders and companies while curtailing the rights of small farmers to exchange, save and breed new varieties using hybrid seeds.
Uganda’s major trade partners are not only looking for food markets but also for seed markets. This has happened in a push that has been packaged as ‘‘the new green revolution’’ by corporations involved in biotechnology and chemicals. They have been supported by philanthropic organizations, notably the Rockefeller Foundation and the Bill and Melinda Gates Foundation.
Central African countries have committed themselves to finalising an economic partnership agreement (EPA) with the European Union by June this year.
The Southern African Development Community (SADC) should engage in serious discussions to prevent the economic partnership agreement (EPA) with the European Union from destroying its regional integration efforts.
Conscious that trade issues had become a major source of friction between African countries and their former colonial overlords, the European Commission President José Manuel Barroso extended an olive branch in December.
Malawi finally has to face up to the dilemma of choosing between being a member of the Southern African Development Community (SADC) or to stick with the Common Market for Eastern and Southern Africa (COMESA) if it is to continue receiving funding from the European Union (EU).