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Top Priorities For The Continent In 2020

The new year 2020 marks the beginning of a promising decade for Africa. Through at least the first half of the decade, economic growth across Africa will continue to outperform that of other regions, with the continent continuing to be home to seven of the world’s 10 fastest-growing economies. Collective action among African and global policymakers to improve the livelihoods of ...

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The Continental Free Trade Area Is Changing Africa

The African continental free trade area is an engine for regional integration and the promotion of employment in North Africa. Over the past decade, North Africa has made significant progress in economic development. In terms of Sustainable Development Goals, three North African countries are among the top five in Africa. But, they are still over 30% away from achieving the ...

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France Wants To Push Reset Button In Economic Relations With Russia

Paris is looking for ways to avoid US sanctions in order to relaunch and deepen economic cooperation with Moscow, French Finance Minister Bruno Le Maire has reportedly said. Le Maire was apparently referring to recent US measures targeting companies involved in the construction of the underwater Nord Stream 2 pipeline, which is set to deliver Russian gas to Germany and other ...

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Europe Looks Home For New Mining Opportunities

Mining activity in the European Union has gone from being a very visible driver of European economic growth to an activity that is more out of sight and out of mind. But with raw material access coming into question, mining in Europe may be coming back into the spotlight. Today, the EU imports most of the materials it uses rather than ...

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U.S. And France Race To Conclude Digital Tax Talks As Tariff Threat Looms

The United States and France are racing to reach a compromise in a digital tax dispute that could result in hefty American tariffs on French wine, cheese, handbags, cookware and more. The French finance minister, said that he had spoken with Steven Mnuchin, the Treasury secretary, about a new French tax on Facebook, Google and other American technology giants. The tax ...

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Europe’s Green Deal Could Open A New Front In The Trade War

In mid-January, U.S. President Donald Trump is slated to sign a so-called phase one trade deal with China, which may put the U.S.-Chinese trade war on the back burner for the coming year. But that doesn’t mean the United States’ trade disputes are over. In fact, all signs now point to a trans-Atlantic trade war taking center stage in 2020. ...

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Kenya, Guinea Bissau Sign Deals On Trade And Security

President Uhuru Kenyatta and Guinea Bissau President-Elect Umaro Cissoko Embalo recently said their respective countries will enhance their cooperation for the mutual benefit of citizens of the two nations. Speaking during a meeting at State House, Mombasa, the two leaders singled out exchange of students and teachers, collaboration in technical training, trade and security as some of the key areas of focus ...

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Farmers Resume Wool and Mohair Exports

Farmers have resumed exporting their wool and mohair through the South African broker in Port Elizabeth. This follows the passing of the Agricultural Marketing (Wool and Mohair Licensing) (Amendment) Regulation 2019 No 68 in the national assembly last month and the release of the act in a government gazette of 29 November 2019. The amended regulations allow farmers to export their ...

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Azerbaijan Eyes Trade Hub Status

From this New Year, Azerbaijan is offering fifth and seventh freedom rights to some 40 countries in Europe, North America and Asia. The move is part of an attempt by Azerbaijan to become a transport and logistics hub between Asia and Europe – a strategy that has been successful for Kazakhstan. Under the new rules, all foreign airlines will have the same rights as ...

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Austria Rejects Mercosur Deal

      The new Austrian government will not support the trade deal between the EU and South American nations. The EU and the South American trade bloc Mercosur whose members are Argentina, Brazil, Paraguay and Uruguay, concluded their trade deal in June, after 20 years of negotiations. However, the agreement is unpopular in farming areas in Austria, which fear that ...

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