World Trade Organisation (WTO)

WTO report confirms UAE’s role in global trade

The Emirates maintains its leading position in goods and services trade across the Middle East and Africa. Photo: iStock

The United Arab Emirates continues to strengthen its standing as a global trade hub, according to Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade. This was reaffirmed by the latest World Trade Organisation (WTO) report titled “World Trade Outlook and Statistics”. Al Zeyoudi noted that since 2014, the UAE has consistently ranked… Continue reading WTO report confirms UAE’s role in global trade

U.S. slapping of “reciprocal tariffs” deprives countries, especially Global South, of right to development: spokesperson

(250402) -- WASHINGTON, April 2, 2025 (Xinhua) -- U.S. President Donald Trump shows an executive order on "reciprocal tariffs" at the Rose Garden of the White House in Washington, D.C., the United States, on April 2, 2025. Amid widespread opposition, U.S. President Donald Trump on Wednesday signed an executive order on the so-called "reciprocal tariffs," imposing a 10-percent "minimum baseline tariff" and higher rates on certain trading partners. (Xinhua/Hu Yousong)

The unilateral imposition of “reciprocal tariffs” by the United States effectively deprives countries, particularly those in the Global South, of their right to development, and is certain to face widespread opposition from the international community, a Chinese foreign ministry spokesperson said on Monday. Recently, the United States has imposed tariffs on all its trading partners,… Continue reading U.S. slapping of “reciprocal tariffs” deprives countries, especially Global South, of right to development: spokesperson

South Africa Plans to use its G20 Presidency to Promote investment in Africa

South Africa hosted the first online meeting of the G20 Trade and Investment Working Group. Photo: iStock

South Africa intends to use its G20 presidency to promote investment in Africa’s infrastructure and manufacturing sector. The aim is to support the continent’s integration into global trade, according to Deputy Minister of Trade, Industry and Competition, Andrew Whitfield, reports ENA, a partner of TV BRICS. Whitfield said the priorities of the G20 working group… Continue reading South Africa Plans to use its G20 Presidency to Promote investment in Africa

From Hunter to Hunted: Europe’s Sudden Target of US Imperialism

For centuries, Europe was the architect of global imperialism, carving up foreign territories and subjugating populations in pursuit of dominance. Driven by a potent cocktail of ambition, religious zeal and racial superiority, the expansion of the European empire ranks amongst the worst human disasters, especially for the world’s subalterns. The empire was built on exploitation,… Continue reading From Hunter to Hunted: Europe’s Sudden Target of US Imperialism

Ethiopia Prioritises WTO Accession In Economic Reform Programme

State Minister of Foreign Affairs Mesganu Arga, has stressed the importance of Ethiopia’s accession to the World Trade Organisation (WTO) as a key component of the country’s economic reform programme. In a meeting with Director of the WTO Accessions Division, Maika Oshikawa, the officials discussed ways to accelerate Ethiopia’s accession process. This is reported by… Continue reading Ethiopia Prioritises WTO Accession In Economic Reform Programme