Tag: trade relationship
What a new world order might mean for the global economy
Russia’s invasion of Ukraine has opened fault lines between nations which will affect trade relations and investment for years to come. The war in Ukraine is already having a significant effect on inflation and activity in the world economy as commodity prices have soared and supply chains have been disrupted.
AfCFTA: how local importers and exporters can maximise the potential
With these words, a webinar on the new African Free Trade Area (AfCFTA) was launched to discuss the importance of assessing the current trade relations with Africa, and how the new agreement will enable them to build on this. The AfCFTA, which came into force this year, is the largest trade agreement in the world, and aims to double intra-Africa by 2022.
EU and UK seal a partial Brexit deal
On Christmas Eve, more than four years after voting to leave the European Union and one week before the end of the ‘transition’ phase, the UK and European Commission agreed the terms of their new trading relationship. The tariff and quota-free deal sets the stage for the UK to plot a recovery from its pandemic-induced recession, its deepest in more than 300 years.