Tag Archives: trade

Kampala, Uganda | MIN FA|  Following leaked reports that President Yoweri Museveni had ordered a probe into collusion between Uganda Wildlife Authority (UWA) and several Chinese nationals, the Ministry of Foreign Affairs of Uganda has come out to clarify that the two accused are not diplomats. A statement released by the …

Beijing, China | AFP | China on Thursday posted a forecast-busting surge in exports and imports in May, signalling improvement in the world’s number two economy, but there were warnings Beijing would struggle to maintain its momentum. The readings will come as a relief after a series of weak readings …

Washington, United States | AFP | The World Bank is keeping its forecast for global growth in 2017 unchanged, because for the first time in years, no new risks have arisen to threaten the outlook. “Over the past four years this is the first time we didn’t have a downgrade …

Beijing, CHINA | PSCU| China’s vision of an interconnected world with enhanced trade supports the African desire for shared prosperity, Kenya’s President Uhuru Kenyatta has said. Kenyatta, who spoke during a roundtable summit of Heads of State and Government held at the Yanqi Lake Conference Centre, said Africa stands a chance …

Beijing, China | AFP |  Chinese President Xi Jinping criticised protectionism on Monday at a summit positioning Beijing as a champion of globalisation, but several European nations spoilt attempts to win full backing for his trade agenda. Xi addressed almost 30 leaders on the second day of a forum on …

Beijing, China | AFP |  China was basking in praise Monday for its new Silk Road even as some countries raised concerns over the project seen as boosting Beijing’s global clout on trade and geopolitics. Almost 30 world leaders are attending a two-day summit promoting China’s One Belt, One Road …

Beijing, China | AFP |  China opened its Silk Road summit Sunday to showcase its ambitious plans to revive ancient trade routes from Asia to Europe and Africa. President Xi Jinping hailed the initiative for a massive network of rail and maritime links — dubbed One Belt, One Road — …

Lahore, Pakistan | AFP |  Pakistani investigators have uncovered an illegal kidney donation racket and arrested six people, including two doctors, after raiding a house where unauthorised surgeries were reportedly underway, a senior official told AFP Monday. Authorities say the gang was involved in selling kidneys to international clients, particularly …

Minister for Trade and Industry Amelia Kyambadde has backed Chinese businessman in the country who are under fire for being involved in petty trade. Kyambadde told MPs there is no provision in the law excluding foreigners from carrying out trade in the country. She told the parliamentary committee on trade …

Washington, United States | AFP |  The North American Free Trade Agreement (NAFTA) is a 23-year-old pact has boosted trade among Canada, Mexico and the United States. It might now be renegotiated the White House said Wednesday, after Canada and Mexico agreed to do so “swiftly.” US President Donald Trump …