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EU commits €1.1 billion to boost AfCFTA as Job creation, MSMEs take centre stage
The European Union (EU) has committed about €1.1 billion to help the African Union (AU) implement the African Continental Free Trade Area (AfCFTA), a key agreement aimed at boosting trade across Africa.
India-UK free trade deal likely to be inked by July-end; commerce secretary in London to expedite process
The free trade agreement between India and the UK is expected to be signed by July-end, following three years of on-and-off negotiations. The deal will eliminate tariffs on labour-intensive goods and reduce costs on imports like whisky and cars from the UK.
S. Korea, China hold 12th round of follow-up negotiations to expand FTA
South Korea and China have kicked off a fresh round of follow-up negotiations aimed at expanding their bilateral free trade agreement (FTA) to include services and investment.
Malaysia signs free trade pact with Norway, Iceland and other EFTA countries
Malaysia has signed a wide-ranging economic partnership agreement with the four member states of the European Free Trade Association (EFTA): Norway, Iceland, Switzerland and Liechtenstein.
EU launches €6m project to hasten ethiopian AfCFTA participation
The European Union has launched a six million Euro project geared towards kickstarting Ethiopia’s belated participation in the African Continental Free Trade Agreement (AfCFTA).
Mali signs trade deal with Russia as ties strengthen
Mali and Russia have signed a series of agreements aimed at expanding mutual trade and strengthening economic ties.
Ethiopia conducts last validation workshop on implementation of AfCFTA
The last validation workshop of Ethiopia's African Continental Free Trade Area (AfCFTA) Implementation Strategy was conducted today with a view to finalizing the roadmap for the country's engagement with the free trade area.
Trading away tax sovereignty? How trade rules shape taxation of the digital economy in Africa
The advent of digital and data-driven business models has heightened the risks of tax base erosion and evasion, adversely affecting revenue generation, economic recovery, and advancement of tax justice in African economies. We develop a framework examining how trade rules on services, electronic transmissions, and digital products shape the ability of African countries to tax their digital economies.
India seeks fairer ASEAN FTA terms amid trade deficit, flags asymmetry in tariff openings
With nine rounds of renegotiation already having taken place for the ASEAN FTA review, sources pointed out that all offensive and defensive interests of the industry are being taken into account for FTAs with complementary economies.
EU cites ‘indications’ Israel is breaching human rights obligations over conduct in Gaza
The EU has said “there are indications” that Israel is in breach of human rights obligations over its conduct in Gaza, but stopped short of calling for immediate sanctions.