South African health experts are calling on governments to use legally available mechanisms to promote the production or import of generic drugs in their countries.
While the Greek bailout and stimulus package dominated discussion among the Group of 20 (G20) major industrialised and emerging market economies at the high-level summit in Cannes, France, this week, the proposed financial transactions tax (FTT) received meagre attention.
African heads of state have ambitious plans to create a free trade zone, encompassing 26 countries and more than 600 million people on the continent. But economic experts warn the project is a bold step that comes with a plethora of legal, administrative and political hurdles. Others suggest the plan might be a pie in the sky.
While the 20 heads of state of the Group of 20 (G20) industrialised and emerging countries gather in southern France to deliberate on the future of the global economy – particularly the crises unfolding in the Eurozone – pockets of activists are amassing around the summit to make their voices heard.
The scars on the pilings adjacent to the new Emergency Ferry Docking Facility here are still visible, graphic evidence of the devastation caused by Hurricane Luis when it hit Antigua and Barbuda in 1995.
When the G20 leaders meet for their fifth summit in Cannes, France, on Thursday, they will be confronted with several worsening global economic and trade issues. Among them is how to strengthen the international trading system and how to overcome the developmental deficit that continues to create an uneven playing field for poor countries.
Lesotho’s textile sector – the country’s largest employer - is regarded by many as the only way out of the poverty trap in a tiny kingdom where more than half of the population lives on less than 1.25 dollars a day. But what many do not know is that the government and the World Bank have unofficially turned their backs on the sector and will soon cut important subsidies.
Workers in Haiti's apparel manufacturing sector charge that factory owners are repressing attempts to organise workers in the capital, after the dismissals of six of seven leading members of a new union within just two weeks of its formation.
The Sugar Association of the Caribbean (SAC) has been buoyed by a large crop this year, but a recent proposal by the European Union to abolish domestic quotas would likely cut into preferential sugar exports by the SAC and other sugar associations in the African, Caribbean and Pacific (ACP) countries to European markets.
As the India Brazil and South Africa Summit of heads of state and government starts Tuesday, editors from the respective countries have resolved to provide better coverage of the economic body.
Developing countries, particularly from Africa, are concerned about attempts by industrialised nations to change the negotiating dynamic of the World Trade Organization.
The three landmark deals between the United States and trading partners South Korea, Colombia and Panama approved by the U.S. Congress late Wednesday represented the largest free trade agreements in the U.S. since 1994 and the first free trade agreement made by the U.S. since 2007.
The poorest countries in Africa are not merely the victims of natural calamities. They are also ravaged by the continued denial of market access as promised in the Doha trade negotiations, say African trade diplomats.
Botswana and Namibia are set to lose preferential access to the European Union, which wants African, Caribbean and Pacific countries to sign controversial free trade agreements within two years or face potential loss of market access to the 27-member EU bloc.
The communities living on the South Sudan-Sudan border may face genocide if the conflict between the two countries disputing control of oil reserves is not resolved.
With the exception of those pictures of Haitians in overcrowded, unseaworthy vessels trying to reach places like The Bahamas and the United States, the image of the Caribbean is usually not one that portrays people from poor developing countries desperately trying to scratch out a living among the scattered islands.
Climate change is increasingly playing a role in North-South trade, as carbon emissions are being used as an excuse to protect markets, with poorer countries likely to lose out.
There have already been more than thirty pirate attacks on ships along the West African coast so far this year. Regional governments will meet in Cotonou, Benin in October to discuss coordinating efforts to stem piracy.
Faced with serious political instability and a deteriorating industrial climate, Pakistan’s garment exporters are turning to Bangladesh, a territory which splintered away after a bloody war of independence in 1971.
European Trade Commissioner Karel de Gucht made a pit-stop in Windhoek to appease concerns over a troublesome economic partnership agreement (EPA) ahead of the Africa-European Union summit in South Africa.
By the time Wang Qishan, China's vice premier, arrived in Trinidad for the Third China-Caribbean Economic and Trade Cooperation Forum earlier this week, Beijing had already ramped up its involvement with most countries in the 15-member Caribbean Community (CARICOM) grouping.