SEOUL | Xinhua | China, Japan and South Korea should lead new growth in the Asia-Pacific region through innovative cooperation within the Asia-Pacific Economic Cooperation (APEC) framework, while working toward global economic recovery, the chief of a Seoul-based trilateral group has said. Today’s world is facing unprecedentedly multifaceted and …
Read More »Uganda and DRC hold historic business forum and expo in Butembo
Butembo, DRC | THE INDEPENDENT | In a bid to increase the volume and value of trade between Uganda and DRC, the Uganda Embassy in Kinshasa, partnering with public and private sector stakeholders both in Uganda and DRC, held a two-day Business Connect Forum and Expo in the city of Butembo, …
Read More »Uganda to support efforts to improve security, economy in Somalia
Kampala, Uganda | THE INDEPENDENT | John Mulimba, Minister of State for Foreign Affairs, has reiterated that Uganda continues to stand firmly with the people and government of Somalia in their ongoing efforts to restore peace and stability. “As a troop-contributing country under the African Union Support and Stabilisation Mission in …
Read More »Is the end nigh for the AGOA trade legislation?
Without AGOA and other traditional instruments of soft power, the United States will increase its isolation from Africa COMMENT | WITNEY SCHNEIDMAN | The African Growth and Opportunity Act (AGOA), legislation that has been the cornerstone of the U.S.-African commercial relationship for the last 25 years, is set to …
Read More »Uganda- Somalia business summit set to unlock opportunities and regional cooperation
Kampala, Uganda | THE INDEPENDENT | Uganda will host the 2nd Session of the Uganda-Somalia Joint Permanent Commission (JPC) alongside an Investment and Business Summit from 7-8 October 2025 at Mestil Hotel, Kampala. This year’s theme is “Promoting Uganda-Somalia Partnership through Investment, Trade and Tourism, and Harnessing Opportunities in Both Countries,” …
Read More »US companies ready to return to Russian market and also bring in new ones — envoy
MOSCOW | TASS | American companies are ready to come back to the Russian market and introduce new ones, but everything hinges on politics, Russian presidential envoy for relations with international organizations, Boris Titov, said in an interview with TASS. “Many companies didn’t leave. They showed some courage, because they …
Read More »AI could boost trade by nearly 40% but tech and policy gaps remain – WTO
In 2023 alone, the WTO estimates that the global trade in these AI-enabling products reached a staggering $2.3 trillion TECHNOLOGY | AGENCIES | AI could boost global trade by almost 40% by 2040, according to a new report from the World Trade Organization, though the benefits can only be shared …
Read More »Green technology empowers global trade in services
BEIJING, CHINA | Xinhua | Global trade in services is accelerating its shift toward greener and smarter development, with green technologies and environmental solutions emerging as new growth drivers and creating broader opportunities for international cooperation. At the ongoing China International Fair for Trade in Services (CIFTIS) in Beijing, new-type …
Read More »World benefits from closer BRICS solidarity, cooperation
BEIJING | Xinhua | The virtual BRICS Summit held on Monday has never been more relevant as it came at a time of growing global uncertainties and an intensifying deficit in global governance. During the summit, Chinese President Xi Jinping called on BRICS countries, which stand at the forefront of the …
Read More »Africa diversifies trade to weather U.S. tariff storm
NAIROBI, KENYA | Xinhua | As the U.S. tariff storm disrupted Africa’s commercial landscape, the continent has responded by actively strengthening regional integration, diversifying markets and enhancing its role in industrial and supply chains. On July 31, U.S. President Donald Trump signed an executive order to further modify tariff rates …
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