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TRADE: China Opens New Markets for Asian Economies

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By Marwaan Macan-Markar BANGKOK, Jan 5, 2011 (IPS) – In response to growing labour costs, China is increasingly turning to its neighbours to supply what it once produced locally – raw materials and intermediate goods, such as machine components and parts – to retain its international reputation as the ‘factory to the world’.

Chile to Straddle Line Between Rich and Poor Nations

By Thalif Deen UNITED NATIONS, Aug 6 (IPS) – The 130 developing countries at the United Nations remain divided over Chile's decision to hold onto its seat in the Group of 77 (G77) – even after it formally joined the exclusive club of rich nations, the Organisation for Economic Cooperation and Development (OECD).

SOUTHERN AFRICA: Removing Barriers to Trade

By Charles Mpaka* BLANTYRE, Aug 4 (IPS) – Cecilia Gondwe waits in the shade of a tree at the Mwanza Border Post between Malawi and Mozambique. Somewhere inside, a clearing agent is completing elaborate paperwork on her behalf.

SOUTHERN AFRICA: Boost Cross-Border Trade for Food Security

By Lewis Mwanangombe* LUSAKA, Aug 3 (IPS) – Small-scale traders on either side of the Mwami Border Post between Zambia and Malawi are key to meeting local demands that larger importers do not.

INDIA: Trade Talks with EU Put Drug Manufacturers on Edge

By Keya Acharya NEW DELHI, Aug 3 (IPS) – Their ongoing negotiations remain shrouded in secrecy, but there are already reports that India and the European Union (EU) will have a free-trade agreement ready by the end of August, and that they will be putting signatures to it before the end of 2010.

CHINA-NIGERIA: New Refinery Planned for Lagos Free Trade Zone

Construction at the new Lekki Free Trade Zone outside Lagos: among other things, the LFTZ will be the site of a new privately-owned refinery. / Caterina Bortolussi/TradeInvest Nigeria

By Toluwa Olusegun* LAGOS, Jul 18 (IPS) – Nigeria is a place where many more deals are announced than are ever completed. But July saw progress towards the construction of one of three new Nigerian refineries expected to reduce imports of refined petroleum products, a costly and ironic feature of the oil-rich nation's economy.

AFRICA: "Everything but Arms Deal Doesn’t Benefit Enough People"

Karin Ulmer: We need an EbA for all African countries. / Karin Ulmer

By Isolda Agazzi GENEVA, Jul 15 (IPS) – The Everything but Arms trade initiative, which provides preferential treatment to poor countries, benefits only a limited range of people in the target populations. It should also be expanded to more countries, civil society organisations say.

Guyana Has No Regrets over Holding Out on EPA

By Peter Richards MONTEGO BAY, Jamaica, Jul 12 (IPS) – Two years after 14 Caribbean countries signed a wide-ranging and controversial Economic Partnership Agreement (EPA) with Europe, Guyanese President Bharrat Jagdeo still maintains that his country was right in holding out until the last minute to get a "better deal" for the Caribbean.

ZAMBIA: "Privatisation Like Grabbing Goods Fallen from a Truck"

By Ruth Langa LUSAKA, Jul 9 (IPS) – Zambia has sold more than 262 state-owned enterprises in the past 18 years, with the latest being the beleaguered telecommunications company Zamtel.

Caribbean Leaders Inch Forward on Regional Integration

By Peter Richards MONTEGO BAY, Jamaica, Jul 8 (IPS) – For 37 years, Caribbean leaders have fended off charges from critics that the 15-member regional grouping Caricom is nothing more than a talk shop.

RSS IBSA in the News

  • SHYAM SARAN: Lacklustre Brics play to China’s score in Delhi pact
    BusinessDay Published: 2012/04/02 It is clear that China is emerging as the pre-eminent partner in the Brics grouping THE Delhi Declaration and Action Plan adopted at the fourth Brics summit in New Delhi last week would have quickly laid to rest any residual anxiety in western capitals that a serious rival focus of power and [...]
  • Australia invites more Indian investments, collaborations
    The Hindu, 31 January 2012, With Indian corporate sector having committed heavy investments in Australia in the mining, mineral and other sectors, bilateral trade is likely to touch Rs.2-lakh crore (Australian $40 billion) in the next three years from Rs.1.10-lakh crore (Australian $22 billion). In an effort to attract Indian investments further, the Australian Trade [...]
  • Indian tourists to SA rise by over 100% – minister
    City Press, South Africa, 31 January 2012, The number of Indian tourists travelling to South Africa increased by over 122% between 2005 and 2010, says Tourism Minister Marthinus van Schalkwyk. “South Africa is continuing to attract Indian tourists in great numbers, with 67 039 Indian tourists travelling to South Africa between January and September 2011, [...]

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