Frankfurt am Main, Germany | AFP | China overtook the United States last year to become Germany’s biggest trading partner for the first time, official data showed, a shift likely to reassure Berlin as worries grow over US President Donald Trump’s protectionist leanings. The figures compiled by federal statistics office …
Read More »Museveni in Dar as Uganda eyes alternative routes to sea
President Yoweri Museveni is in Dar es Salaam to inspect improvements on Tanzania’s main port so that it can be used as an option for Uganda’s exports and imports. According to Augustine Mahiga, the Tanzania Minister for Foreign Affairs, Museveni’s visit to the Dar es Salaam port was to encourage Ugandan businessmen to …
Read More »Uganda, UK discuss declining exports and imports
Uganda is exporting and importing less from the UK, but their respective ministers in charge of trade are optimistic this can be changed for the benefit of both nations. Although the UK has a strong bilateral relationship and a significant development partnership with Uganda, trade between the two has slowed …
Read More »URA launches electronic regional cargo tracking hub
The Uganda Revenue Authority (URA) has today launched three customs trade facilitation programmes that will improve the ease of doing business in Uganda and the East African Community, and also promote trade and Investment. The trade facilitation programmes funded by Trade Mark East Africa (TMEA) will be used to monitor transit …
Read More »US promises no mass deportations in bid to calm Mexico
Mexico City, Mexico | AFP | US officials promised Mexico no “mass deportations” or use of military force to expel immigrants, moving to calm tensions over President Donald Trump’s vow to crack down on “bad dudes” illegally residing in his country. US Homeland Security Secretary John Kelly and Secretary of …
Read More »EU profits as Trump turns away from trade
Frankfurt am Main, Germany | AFP | The United States’ new hostility to free trade deals under President Donald Trump is benefiting the European Union, the bloc’s top trade official said Tuesday. After Trump’s withdrawal from the Trans-Pacific Partnership trade deal in late January, “many countries are now turning to …
Read More »Global arms trade highest since Cold War
Stockholm, Sweden | AFP | Worldwide arms trade has risen to its highest level since the Cold War in the last five years, driven by a demand from the Middle East and Asia, a study said Monday. Between 2012-2016, arms imports in terms of volume by countries in Asia and …
Read More »India Vice President Ansari to visit Uganda, Rwanda
India’s Vice President Shri Mohammad Hamid Ansari will be in Uganda for a three-day official visit, part of an effort to boost ties on the continent. “The forthcoming visit of the Vice-President is part of the conscious broadening of India’s diplomatic footprint in Sub-Saharan Africa, especially in the Great Lakes …
Read More »South Africa and EU spar over chicken meat ‘dumping’
Johannesburg, South Africa | AFP | South Africa’s poultry industry says it is on the brink of collapse due to hotly-denied accusations that the European Union is dumping cheap chicken in the country in a dispute over free trade. Workers, former workers and company managers from the South African poultry …
Read More »By picking fight with Mexico, Trump shocks key partner
Mexico City, Mexico | AFP | By picking a fight with Mexico, US President Donald Trump is needling a strategic partner that could retaliate with a trade war and less cooperation on immigration and the drug war, analysts say. The neighboring countries face the biggest diplomatic rift in decades over …
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