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January 2018
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EDITO
Tuesday, 23 January 2018

G20 leaders in Hamburg will on Saturday hail their “Africa Compact” as a bold new initiative to boost investment and end poverty on the continent. Germany has billed the “trade, not aid” deal it developed during its G20 presidency as a quantum leap, supplementing traditional development aid with a new public-private partnerships to create jobs and improve infrastructure. For Europe it comes at a crucial time, Berlin says: throttling the flow of migrants to Europe. “We in Germany have a fundamental interest of good economic development in Africa and that’s why we are discussing a Marshall plan for Africa,” said Chancellor Angela Merkel, in a nod to the American plan that rebuilt postwar Europe.

Tuesday, 18 July 2017

Nigerian Government Monday, deliberated with the European Union (EU) delegation on ways to facilitate trade and investment in Nigeria.The agreement was reached at the meeting between the Ambassador and Head of EU delegation to Nigeria and ECOWAS, Michell Arion, and the Nigerian Minister of Foreign Affairs, Geoffrey Onyeama. Also at the meeting, which held at the Ministry of Foreign Affairs, were other ministry officials as well as 20 representatives of EU member states.The Minister noted that the meeting was subsequent upon the communiqué signed last year between Nigeria and EU, which focused on security, corruption, prosperity, migration and human development.

For a developing country exporter, for example, of fresh bananas from the Philippines seeking market access to the EU, it is necessary to comply with at least seven categories of sustainability standards, from food safety controls to labelling standards, with each category of compliance carrying with it a range of production guidelines and documentation – a somewhat daunting prospect for a semi-literate farming producer in rural Mindanao. As such, one of the major contemporary challenges facing developing country firms, and especially small and medium-sized enterprises (SMEs) today, is the ever-increasing number of regulations and sustainability standards they are required to conform to if they are to integrate into global value chains (GVCs).

Aid for trade (AfT) is explicitly addressed in the Sustainable Development Goals (SDGs) under Goal 8: “Promotesustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.” For AfT to deliver on the ambitions of this goal in Africa, along with the objectives contained in the African Union’s (AU) long-term development vision and action plan, Agenda 2063, it is important to ensure that it is well-targeted and aligned with the continent’s strategic priority of structural transformation.

Thursday, 13 July 2017

Olusegun Awolowo, Executive Director. Nigerian Export Promotion Council, NEPC, says the Federal Government has developed "Conduits of Excellence (CoE)" to ensure consistent and stringent quality management for all exportable products. Mr. Awolowo told the News Agency of Nigeria in Abuja on Sunday that the Federal Government had also set up a committee for the realisation of the objective. According to him, the committee will work under the technical guidance of United Nations Industrial Development Organisation, UNIDO. He also said the committee would also develop the code of practice and Standard Operating Procedure, SOP, for production and processing of selected products.

Globalisation and technological change have contributed significantly to driving economic growth and raising living standards across the globe. However, globalisation has created challenges and its benefits have not been shared widely enough. By bringing together developed and emerging market economies, the G20 is determined to shape globalisation to benefit all people. Most importantly, we need to better enable our people to seize its opportunities. We are resolved to tackle common challenges to the global community, including terrorism, displacement, poverty, hunger and health threats, job creation, climate change, energy security, and inequality including gender inequality, as a basis for sustainable development and stability.

Wednesday, 12 July 2017

Ambrosetti organized, in partnership with multinational South African pharmaceutical company Aspen Pharmacare, the Roundtable “South Africa-European Union Strategic Partnership – Strengthening economic relations and cooperation and fostering social innovation”, a gathering for high-level debate on strategies and priorities to advance SA-EU collaboration. This event is part of the program of activities of the Observatory on Europe, The European House – Ambrosetti 12 years-old European think tank on competitiveness and integration of the EU, which provides strategic analysis and recommendations to improve the EU’s integration process and bolster European competitiveness.

Tuesday, 11 July 2017

EU foreign ministers met with their African counterparts in Luxembourg to express their commitment to boost their mutual cooperation in preparation for an “ambitious and successful” EU-Africa summit in Abidjan, Ivory Coast, on 29 and 30 November this year. Ministers devoted most of their time together to discuss migration and related policies meant at building more resilient states and societies in sub-Saharan Africa as well as creating job opportunities and alternatives to migration of jobs in smuggling.According to a statement in the “Africa-EU Partnership.

The Cape Verdean government will negotiate the inclusion of three new areas in the partnership agreement it signed a decade ago with the European Union (EU), Cabo Verde’s Foreign Affairs Minister Luís Filipe Tavares said on Wednesday in the Assembly of the Republic in Lisbon. The Cape Verdean minister, who is also the Defence minister said the country wants to extend the partnership agreement to the areas of “investment, growth and job creation; the problem of managing the oceans and maritime economy and institutional reforms, at both a central and local level,” and requested Portugal’s help, as a member of the European Union, for this purpose.

Tuesday, 04 July 2017

Negotiations for a new fisheries deal between the European Union (EU) and Guinea-Bissau (GB) have been put on hold due to unrealistic economic and technical conditions proposed by authorities of the African country, reported Europêche. The European fishing vessel owners expect that the discussion of this new agreement, which would allow around 50 EU vessels to continue fishing important species such as tuna, cephalopods, horse mackerel or shrimp in GB's waters for the next years in a transparent legal framework, can resume and lead to a realistic agreement beneficial for both parties in the near future. "Our fishing vessel owners are willing to continue operating in GB waters under the most transparent fisheries agreement in the world.