Tinubu, Bola
In a groundbreaking keynote address, Nigerian President H.E. Bola Ahmed Tinubu honored the African Export-Import Bank at the 32nd Afreximbank Annual Meetings, celebrating its journey as a cornerstone of Africa's sovereignty. President Tinubu bestowed the Grand Commander of the Order of the Niger (GCON) upon the Bank&
Tinubu, Bola
Nigeria's President, Bola Tinubu, recently conferred the Grand Commander of the Order of the Niger (GCON) award on Prof. Benedict Oramah, President and Chairman of the African Export-Import Bank (Afreximbank). The ceremony took place during the 2025 Annual Meetings of Afreximbank in Abuja, with the theme "Building
Tinubu, Bola
President Bola Tinubu, in a surprise move, conferred the Grand Commander of the Order of the Niger (GCON) on President and Chairman of the Board of Directors of African Export-Import Bank, Benedict Oramah, for his outstanding contributions to the development of Africa. The recognition was made at the 32nd Annual
International trade
The UK Government has unveiled a new plan to boost opportunities for UK businesses to export internationally, while protecting domestic firms from global threats to free trade. Prime Minister Sir Keir Starmer hailed the recent trio of UK trade deals as a restoration of the country's identity in
International trade
Vietnam's open, export-dependent economy faces a significant challenge with the introduction of the European Union's Carbon Border Adjustment Mechanism (CBAM), a policy tool designed to prevent 'carbon leakage.' The steel industry, one of the four primary sectors most affected by CBAM, requires a proactive
International trade
Korea and the United States are considering expanding their bilateral alliance into diverse industrial areas to achieve a mutually satisfactory outcome in their ongoing trade negotiations. President Lee Jae Myung emphasized the importance of deepening exchanges, cooperation, and solidarity between the two countries in the face of rapidly evolving global
International trade
Britain's economy is showing signs of stagnation, with growth predicted to slow to just 0.1pc in the second quarter. The country's businesses are feeling the pinch from tax hikes and a global trade war, with firms axing jobs and sentiment stuck in the doldrums. A
International trade
The 9th China-South Asia Expo has evolved from a platform of display to one that fosters deep industrial integration, green innovation, and regional coordination, showcasing the transformation of Sri Lankan businessman U.A. Ajith's coconut shell crafts to a comprehensive coconut industry chain. The expo has provided steady
Tariffs
The Pakistani government has announced significant changes to its ban on importing older vehicles, allowing the commercial import of vehicles up to five years old from September 2025. This move is part of broader trade reforms aimed at expanding consumer choices and boosting revenue through controlled imports. The new policy,
International trade
Asean+3 economies, comprising the ten Association of Southeast Asian Nations member states, plus China, Japan, and South Korea, are at a critical juncture due to the fragmentation of the multilateral trading system. The region's long-term growth and resilience are threatened by the current environment of escalating strategic
International trade
China's decision to offer zero-tariff treatment on all products from the world's least developed countries (LDCs) has significant implications for the global trade landscape. Effective December 1, 2024, Beijing raised its duty-free coverage for LDCs with which it has diplomatic relations from 98 percent to 100
Tariffs
Pakistan's National Assembly Standing Committee on Finance has been briefed on the new National Tariff Policy, which aims to increase exports and reduce the trade deficit by drastically cutting import duties. The policy, touted as "Pakistan's East Asia moment," relies heavily on the World
