The International Air Transport Association (IATA) in its November 2019 data for global air freight markets demand has recorded an increase in demand for African carriers by 19.8 percent, compared to the same period a year earlier. Strong trade and investment links with Asia contributed to positive performance. Capacity grew 13.7 percent year-on-year. The demand, measured in freight tonne kilometres (FTKs), ...

Date: 2 – 4 December, 2019 Venue: Sharm el-Sheikh, Egypt The African Economic Conference 2019 began with the focus on themes including jobs, entrepreneurship and capacity development for African youths. The conference will specifically give African stakeholders, youth representatives and political leaders the opportunity to: provide their insights and thoughts on the debate on youth jobs, skills and entrepreneurship capacities; ...

European policy makers and companies should focus on internal growth apart from FTA. Protection of interests is essential in the wake of the ongoing trade wars. In order to reduce dependency, Europe should concentrate on internal markets. The European domestic market was neglected since a very long time and this approach needs to change. U.S. President Donald Trump withdrew from ...

India’s ties with Bangladesh are also significant in terms of trade, which touched $10 billion last year. Even though it is highly skewed towards India — in a 9:1 ratio — Bangladesh’s largest item of import from India is cloth and yarn, which has powered that nation’s huge exports of ready-made textiles across the world. India also imports several of ...

The US defence market remains the world’s largest and can be a lucrative export market for Australian industry. It is also highly competitive. Selling into the US defence industry means mastering complex regulations and major time commitments. One such program is the Foreign Comparative Testing (FCT) program, run by the US Department of Defense (DoD). The FCT has a mission ...

United States Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue announced that the Trump Administration has reached an agreement with the government of South Korea on market access for U.S. rice. Under this agreement, Korea will provide access for 132,304 tons of U.S. rice annually, with an annual value of approximately $110 million. Korea also agreed to ...

Farmers experienced huge loss as a result of the trade war when Beijing imposed tariffs on a variety of U.S. agricultural products, including soybeans, corn and pork. In some cases, the Chinese market evaporated for American exporters, resulting in tumbling commodity prices, and big losses for U.S. farmers. To make up for some of these losses, the Trump administration has ...