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EDITO
Thursday, 29 June 2017

Germany is calling for the renegotiation of some of the European Union's trade agreements with Africa, terming them unfair. Some African countries have been calling for a review of these agreements, which they term as skewed to promote EU interests on the continent. Speaking at an event for non-governmental organisations in Hamburg, German Chancellor Angela Merkel said that some of the trade contracts between the EU and Africa were "not right." "We'll speak again at the EU Africa Summit in November about how we need to renegotiate them," Chancellor Merkel said, as she sought to drum up global support for African development. She was hosting African leaders on June 19, ahead of next month's Group of 20 Summit.

Ambassador Michel Arrion, the outgoing Head of the Union (EU) delegation to Nigeria and ECOWAS, has enjoined Nigeria to reconsider its reluctance to sign the Economic Partnership Agreement (EPA). Arrion gave the advice at the Nigerian-Belgian Chamber of Commerce (NBCIDC) and the Nigerian-Belgian Commercial and Documentation Centre’s June Breakfast Meeting in Lagos with the theme, “Unlocking Nigerian SME Potential to the EU Market”.The EU Representative said that it was imperative to reconsider the benefits of EPA and join other countries currently taking advantage of the opportunities in the agreement

If going by the forecast, Nigeria market is billed to become the third largest world economy after China by 2050, said the European Ambassador to ECOWAS, Mr. Michel Arrion. Speaking during his working visit to the Nigerian Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) National Secretariat, Oba Akinjobi, Ikeja GRA, Lagos, on Friday, Arrion who was accompanied on the visit by Mr. Filipo Amato, EU Head, Trade & Economic Section, said that Nigeria remained one of the biggest markets in the world with potentials market for exportation. According to the Ambassador, “Nigeria is paradoxical and it is one of the richest markets in the world. Because private sector contributes a bulk to income generation and distribution Nigeria will be the third largest world economy in 2050.

The Imaging Technology for Precision Agriculture Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Imaging Technology for Precision Agriculture industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Imaging Technology for Precision Agriculture market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures.

Kenya is likely to lose her European Union (EU) market share of French beans to Morocco and Guatemala due to high cost of production, exporters have warned. Favoured by efficient production factors, the two countries are said to have grown their market share almost edging out Kenya, a situation that might be disastrous to local farmers. Fresh Produce Exporters Association of Kenya (FPEAK) new CEO Hosea Machuki said Kenya is grappling with high production and freight cost coupled with overpricing despite producing high quality beans. Morocco, he said, though produces mainly bobby beans that are considered of lower value as compared to Kenyan products that are usually premium class has expanded her market share in EU owing to aggressive marketing and its proximity.