News from World

tag: Libero Scambio

16 December 2022

The US breathes new life into AfCFTA

The United States’ Biden administration gave a big fillip to the Africa Continental Free Trade Agreement (AfCFTA) this week. The US Trade Representative Katherine Tai revealed in an interview on Monday at the Semafor Africa Summit that her agency was working on signing a memorandum of understanding with the AfCFTA countries to expand the U.S.-Africa trade relationship.

27 August 2022

Free Trade Agreements (FTAs) and sustainable production are the ingredients of Vietnamese export success

Leather and footwear exports +13%, to over $14 billion in 7 months, thanks to FTAs and the increase in the localization rate of industries (from 40-45% to 55%) which, thanks to ecological innovation, are now able to supply almost 80% of components for footwear nationwide. These are the conclusions of the survey of the Chamber of Commerce and Industry of Vietnam (VCCI), carried out by Huong Ly. [Opportunities for Sustainable Exports from New-generation FTAs - Vietnam Business Forum-VCCI]

14 February 2022

High tariffs on Thai items stifle exports to Bangladesh

Thailand is looking to reach a $2 billion sales target with Bangladesh soon, Thai trade adviser in Dhaka Khemathat Archawathamrong told fiber2fashion, calling for the free trade agreement (FTA) between Thailand and Bangladesh to avoid tariff barriers that hinder trade between the two countries.

08 February 2022

OTE calls for the revision of trade agreements that disadvantage Tunisia

The Observatoire Tunisien de l'Economie (OTE), as reported by Footwearbiz, says that the worsening of trade deficits with China and Turkey is having a serious impact on the country's leather and textile sectors. Worsening trade deficit with China and Turkey contributes to the hemorrhage of foreign exchange reserves and severely threatens local production according to OTE [bilaterals.org]

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