As the African Growth and Opportunity Act (Agoa) comes up for potential renewal before its expiry in 2025, naamsa | The Automotive Business Council and the Automotive Industry Export Council (AIEC) have released a research report motivating for an extension to the trade preference programme.

 

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index="" padding_top="100"][vc_column][vc_column_text]
The Western Cape Provincial Parliament has passed a binding resolution confirming the province’s commitment to securing South Africa’s inclusion in the African Growth and Opportunity Act (Agoa).

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index="" padding_top="100"][vc_column][vc_column_text]
New trade deals with Asian and Middle Eastern markets are still many years away - so South Africa needs to protect its AGOA access, writes Wolfe Braude.

International Trade is the bedrock of human progress, and a country cannot lead or stay with the tide of progress if it closes its doors to its neighbors. This unfortunately has been the case with countries within the African continent, which have traditionally imposed more restrictive trade measures on other African countries, preferring to trade with non-African countries.

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index="" padding_top="100"][vc_column][vc_column_text]

WTO: a slowdown in world trade growth in 2023

  April 6, 2023

World trade growth is expected to slow this year, dampened by the war in Ukraine, inflation, tighter monetary policies, and financial uncertainty, according to WTO projections released on Wednesday. The outlook for the global economy has improved slightly since the World Trade Organization's most recent trade forecast was released in October, but the pace of trade expansion in 2023 is expected to be "weak".

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index="" padding_top="100"][vc_column][vc_column_text]

DAKAR, Jan 19 (Reuters) - U.S. Treasury Secretary Janet Yellen will kick off a year of visits by top U.S. officials to Africa on Friday aiming to firm up U.S.-Africa ties after decades in which China has dominated investment across the continent.

In a speech to be delivered at a business event in Senegal's capital Dakar, the first leg of her three-country trip, Yellen will map out the U.S. vision for strengthening African relations, eyeing the massive economic opportunities created by its demographic boom.

Translate »