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Morocco, only country in Africa having FTA with USA, State department report
2-Aug-2022     North Africa Post
The FTA supports Morocco’s goals to develop as a regional financial and trade hub, providing opportunities for the localization of services and the finishing and re-export of goods to markets in Africa, Europe, and the Middle East, says the report.
UAE, Kenya to commence talks over comprehensive economic partnership
1-Aug-2022     Zawya
The UAE-Kenya CEPA will be the first bilateral trade deal that the UAE seeks to sign with an African nation. Such an agreement will deepen trade and investment ties between Africa and the Middle East and boost the total value of UAE-Kenya non-oil bilateral trade,...
Trade deal with AfCFTA can open vast market for Indian textiles
1-Aug-2022     Fibre 2 Fashion
Last year (2021), India shipped $0.743 billion of apparel to Africa, which was 4.99 per cent of its total exports of $14.912 billion, and in January-April 2022, apparel exports to Africa stood at $231.328 million.
AfCFTA secretariat commences pilot trading with seven countries
1-Aug-2022     Guardian
Seven countries, including Rwanda, Cameroun, Egypt, Ghana, Kenya, Mauritius and Tanzania have been selected among countries to start trading under the African Continental Free Trade Area (AfCFTA) framework in a pilot phase.
Policymakers, businesses stress D-8 PTA implementation
1-Aug-2022     New Age
Policymakers and business leaders on Tuesday emphasised the implementation of a preferential trade agreement the member countries of the Developing-8 (D-8) signed to facilitate trade and investments among the eight countries.
Uruguay-China FTA negotiations raise tensions over Mercosur’s future
29-Jul-2022     Dialogo Chino
The recent Mercosur summit revealed strains in the bloc. As Uruguay moves for a free trade agreement with China, other members discuss consequences and call for unity.
Bangladesh moves to join RCEP
28-Jul-2022     The Daily Star
An inter-ministerial meeting agreed that the county will join the RCEP. Bangladesh may send a formal letter expressing interest to join the trade bloc if there is political agreement within the country.
Turkey offers duty relief on 261 tariff lines
28-Jul-2022     The Express Tribune
Turkey has offered concessions to Islamabad on 261 tariff lines, which include key items of Pakistan’s export interest from both the agriculture and industrial sectors.
FTA awaits Aussie ratification
28-Jul-2022     Mint
The India-Australia interim free trade agreement, which should have come into effect by mid-June, still awaits ratification following regime change in Canberra.
ECT: “ecocide” treaty puts Member States and EU Commission at odds
27-Jul-2022     Investigate Europe
European governments are still considering withdrawal from the Energy Charter Treaty, despite the EU Commission’s efforts to modernise the controversial pact, documents leaked to Investigate Europe reveal.