Exports
Malawi's trade portfolio is heavily dependent on a narrow range of primary commodities, with tobacco contributing over 50% of total export earnings. The country's overreliance on tobacco makes it vulnerable to price shocks, weather conditions, and global policy changes. Malawi's trade balance is chronically
Exports
Sri Lanka's merchandise exports have shown a remarkable growth of 7.2% in 2024, reaching $12,772 million. However, this growth comes amidst a widening trade deficit, which expanded from $4.9 billion in 2023 to $6 billion in 2024. The terms of trade have also experienced a
Exports
Nigeria's agricultural sector holds immense potential for growth, with the country ranking fourth in the world for cocoa exports. However, despite this potential, the nation continues to suffer from a significant trade imbalance due to the importation of processed and finished food products, such as wheat, sugar, and
Exports
Pakistan's Commerce Minister, Jam Kamal, has announced plans to offer investment concessions to American companies in the mining sector as part of upcoming trade negotiations with the United States. This move aims to offset the potential 29% tariff on Pakistani exports to the US, which has been temporarily
Exports
Despite facing challenges posed by reciprocal tariffs, Pakistan's trade balance with the United States remains positive, with a trade surplus of $2.5 billion in the first three quarters of the 2024-25 fiscal year. According to Finance Minister Senator Muhammad Aurangzeb, Pakistan's exports to the US
Exports
President Cyril Ramaphosa's meeting with US President Donald Trump on Wednesday is being closely watched for its potential to reboot South Africa's trade relations and broader economic ties. The visit comes against a backdrop of deteriorating diplomatic relations between Pretoria and Washington D.C. However, experts
Exports
Thailand's government is committed to strengthening its trade relationship with the United States, with Finance Minister Pichai Chunhavajira announcing initiatives to prevent the misuse of origin rules for exports and reduce the country's trade surplus by up to $5 billion annually. The minister emphasized the importance
Ambassadors
Today marks the fifth anniversary of the death of Mr. Terenzi, a renowned politician of the Republic of San Marino and a close friend of the Chinese people. Mr. Terenzi played a pivotal role in fostering economic and social development in San Marino, and his efforts in promoting China-San Marino
Ambassadors
A new policy aimed at driving mutual prosperity in Africa will rate US envoys based on the commercial deals they strike, rather than the aid they disburse. The policy, unveiled by the State Department, seeks to eliminate trade deficits and promote trade between equals. This shift in focus comes as
Exports
The increased frequency of direct flights between Nairobi and the UAE has significantly boosted re-exports of jet fuel, with Kenya's total exports to the Emirati country surging 787.18 percent last year, according to the Kenya National Bureau of Statistics (KNBS). This anomaly in trade data has raised
Ambassadors
Thailand's Ambassador to Pakistan, Mr. Rongvudhi Virabutr, has emphasized the importance of establishing a Free Trade Agreement (FTA) between the two countries to leverage opportunities for enhanced trade, tourism, and economic cooperation. This move is aimed at strengthening regional connectivity and boosting business and tourism ties between Pakistan,
Ambassadors
Pakistan, Thailand, and ASEAN (Association of Southeast Asian Nations) countries have vast opportunities for enhancing trade, tourism, and economic cooperation. In a meeting with business and social figures, the Ambassador of Thailand to Pakistan, Rongvudhi Virabutr, emphasized the importance of exploiting these opportunities to double the bilateral trade volume and
