Tag: Global economy

South Africa: February 2020 trade surplus of R14.15bn (SARS) The South African Revenue Service has released trade statistics for February 2020 which record a trade surplus of R14....

The consequences of a combined health pandemic and a global recession will be catastrophic for many developing countries and halt their progress towards the Sustainable Development...

tralac’s Trudi Hartzenberg: South Africa’s response to the COVID-19 pandemic We’ve already seen that global cooperation and support are absolutely essential at this time. It...

This is a global crisis affecting the whole world. Africa, however, will be hit harder with a heavy and durable economic toll, which will threaten progress and prospects, widen ine...

G20 leaders made a statement on COVID-19 after a virtual summit on 26 March 2020 The unprecedented COVID-19 pandemic is a powerful reminder of our interconnectedness and vulnerabi...

tralac is monitoring trade-related policy responses to COVID-19 From midnight on Thursday, 26 March 2020, South Africa is in lockdown for 21 days. This announcement was made by Pr...

Tomorrow: G20 leaders will convene by video conference to discuss coronavirus Leaders from the Group of 20 major economies will convene a video conference on Thursday to discuss t...

Focus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis The World Bank and IFC’s Boards of Directors on 17 March 2020 approved...

Implementation of AfCFTA faces delay due to COVID-19 (Ghanaweb) Approval of phase one operational instruments required for the start of duty free trading within the Africa Contine...

The 74th session of the United Nations (UN) General Assembly (UNGA 74) opened on 17 September 2019, with the General Debate taking place from 24 to 30 September 2019. This was a se...

On 1 January 1973, Prime Minister Edward Heath signed the EEC Treaty of Accession in terms of which the UK joined the EU. The same two parties have now finalized the formalities to...

On 15 January 2020, US President Donald Trump signed a partial trade agreement with China. It is designed to contain the fallout of a more than 18-month long trade war between Wash...

The United Nations’ flagship publication on expected trends in the global economy, the World Economic Situation and Prospects 2020, predicts that one in five countries will see p...

Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the Worl...

WBG/IMF Annual Meetings: selected updates The Broadband for All Working Group: Achieving broadband access for all in Africa comes with a $100bn price tag Intergovernmenta...

African trade policy events to diarise: The first meeting of the AfCFTA Council of Ministers responsible for trade takes place next week in Addis Ababa (24-25 October). It wil...

Seventy five years ago, in July 1944, while World War II was still raging, delegates from all 44 Allied nations gathered in Bretton Woods, New Hampshire, in the United States, for ...

Rethinking the International Trade Architecture: address by WTO’s DDG Alan Wolff at the Institute for International Trade, Adelaide The topic of our conference is “Rethinking ...

Madagascar has notified the WTO’s Committee on Safeguards that it has initiated three safeguard investigations: on soaps, lubricating oils and on vegetable oils and margarines T...

The Seventh Tokyo International Conference on African Development began today in Yokohama on the theme Advancing Africa’s development through people, technology and innovation. T...