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Preparations for Opening of U.S. Consulate in Dakhla in full swing

A delegation of diplomats from U.S. embassy in Rabat arrived in Dakhla to prepare the opening of an American consulate, confirming the recognition of the United States of Morocco’s full sovereignty over its entire Saharan territory. The American delegation, which also includes diplomats from U.S. Consulate in Casablanca, held a series of meetings with Ali […]

Africa Business Features Finance Headlines International

Nine African countries join Afreximbank’s PAPSS platform in push for ‘de-dollarization’

A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum, as the platform has recently started commercial operations with nine countries having signed up so far, according to the Afreximbank President Benedict Oramah. The African Export-Import Bank — or Afreximbank — expects 15 to 20 […]

Asia Headlines International Tunisia

Tunisia to review free trade agreement with Turkey over deficit

Tunisia has demanded the review of the free trade agreement with Turkey in a bid to protect national production, the Tunisian minister of Trade has announced. Mohamed Boussaid told local daily La Presse that the trade balance with Turkey has been very disadvantageous for Tunisia. Tunisia and Turkey signed in 2005 a free trade agreement […]

Business Emerging Markets Headlines Morocco

Morocco Allows Imports of U.S. Poultry Meat & Products for first time

U.S. authorities announced Tuesday that Morocco has agreed to allow commercial imports of U.S. poultry meat and products into the country for the first time. The announcement was made U.S. Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue. “The Trump Administration continues to prioritize the opening of new markets for U.S. agricultural […]

Business Emerging Markets

Egypt & Malaysia to Start FTA Talks

Egypt and Malaysia look forward to setting up a free trade zone to boost the weak trade exchanges between the countries having great economic potentials and huge consumer markets. The two countries trade ministers have agreed to start negotiations on a free trade agreement (FTA) expected to lead to a progressive liberalization of trade between […]