Samarkand, Uzbekistan | Xinhua | China is ready to work with Russia in extending strong support to each other on issues concerning their respective core interests, Chinese President Xi Jinping said during a meeting with his Russian counterpart, Vladimir Putin, here on Thursday. Xi met with Putin at Forumlar Majmuasi …
Read More »China a promoter of fairer, inclusive globalization – Nigerian scholar
Abuja, Nigeria | Xinhua | A Nigerian scholar has said China is the creator of a fairer and more inclusive globalization. With a significant political and economic influence around the world, “there is no way for China to be excluded,” said Sheriff Ghali Ibrahim, head of the department of political science …
Read More »China, Türkiye hold forum to boost economic ties
Istanbul, Turkey | Xinhua | A forum aimed at boosting financial cooperation between Türkiye and China has brought together leading figures in finance, technology, and governance in Istanbul. The Belt and Road Financial Cooperation Forum held on Thursday focused on topics such as digital economy, green economy, technological development and …
Read More »Botswana to stabilize trade imbalances with South Africa
Gaborone, Botswana | Xinhua | President Mokgweetsi Masisi of Botswana on Thursday said the southern African country continues to work tirelessly to improve exports to South Africa. Addressing the Botswana-South Africa Business Forum Roundtable held on the occasion of the 28th anniversary celebrations of the establishment of diplomatic relations between …
Read More »Using dollar supremacy for sanctions is disruptive, says economist
Using dollar supremacy for sanctions could well lead to other countries backing away from it (the dollar) London, UK | Xinhua | The U.S. government’s frequent use of dollar supremacy for sanctions against other countries could negatively impact global trade and finance, an economist has said. “One of the problems with …
Read More »Countries asked to place regional integration above national interest
Kampala, Uganda | THE INDEPENDENT | South Africa is concerned that most African countries still consider national interests ahead of regional integration which continues to stifle regional trade and development. According to South African Minister for International Relations and Cooperation Naledi Pandor, this is likely to limit the outcomes of the …
Read More »Western sanctions bring Iran, Russia closer in trade, economy
Tehran, Iran | Xinhua | An Iranian lawmaker said on Monday that the Western sanctions on Iran and Russia have brought the two sides closer to each other in trade and economy, official news agency IRNA reported. Iran and Russia are providing one another with the products they fail to have …
Read More »Global agrifood market more balanced, but trade costs must fall: FAO
Rome, Italy | Xinhua | Reducing trade costs would help boost sustainable development in the agrifood sector, enhancing integration and transformation especially in low-income economies, the United Nations Food and Agriculture Organization (FAO) said in a flagship report Tuesday. “A robust and well-integrated global agrifood system can help all countries withstand …
Read More »Africa’s bloc to promote use of local currency to boost trade
Nairobi, Kenya | Xinhua | The African Continental Free Trade Area (AfCFTA) on Tuesday said it will promote the use of local currencies in order to boost trade amongst African countries. Prudence Sebahizi, the Chief Technical Advisor at the AfCFTA Secretariat told journalists in Nairobi, the capital of Kenya that currently …
Read More »Africa coffee industry seeks to succeed without foreign influence
Kampala, Uganda | THE INDEPENDENT | African coffee-producing countries have gathered in Nairobi to chart ways of improving the continent’s coffee sector and cushion it from global shocks. These include the effects of pandemics, trade barriers, and market dynamics like unfair taxes and trade restrictions among others. The first G25 Coffee …
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