TFA could cut trade costs by up to 17.5%, says OECD

Full implementation of the World Trade Organisation’s (WTO) trade facilitation agreement (TFA) could reduce global trade costs by up to 17.5%, according to the OECD. The 2015 OECD trade facilitation indicators (TFIs) have determined that developing countries have the greatest opportunities for trade cost reduction through the TFA, as most upper middle and high income […]

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Japan rivals China in East Africa investment

Japan has upped the competition with China in aiding East Africa’s development after signing a US$275 million loan to fund Kenya’s second phase of the Mombasa port expansion, reports our Chinese-language sister paper Want Daily. The US$275 million loan is part of a US$546 million contract aiming to move along the 2020 projected completion date […]

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