Western multinationals used cheaper labour in underdeveloped countries to manufacture products that relied on inputs from all over the world and technologies developed in their more expensive labour markets. Studies now suggest these advantages are being lost. Labour is no longer as cheap in many places.
African countries, along with the Pacific Islands, are looking to improve ties and enhance cooperation while Morocco, which has recently rejoined the African Union, seems to be a leading country in terms of economic development, experts said at the five-day Crans Montana Forum
European Union (EU) leaders have confirmed the bloc will uphold an open and rules-based trade position against a backdrop of rising protectionism, European Council President Donald Tusk said.
A European Union-funded project to build a fish market and gear store on La Digue, the third-most populated island of Seychelles, has begun. The project costs $201,000 (2.7 million Seychelles rupees) and will benefit over 60 fishermen on the island.
27 - 30 March: European Parliament Committee Meetings
Council of the EU and European Council
27 - 28 March: Justice and Home Affairs Council
29 March: Coreper I andII
31 March: Coreper I
31 March: InfoPoint Lunchtime Conference "PanAfGeo: an unprecedented pan-African training programme"