Green energy industries like this need to be built in Africa so that the continent ceases being primarily an exporter of raw minerals to developed nations.
Africa must guard against new environment friendly trade rules that leave the continent in the poor position of exporting raw materials that developed nations use to manufacture green energy systems.
Breaking the impasse on wine is a big deal for producers. Before the duties, China was Australia’s largest wine export market.
U.S. President Joe Biden signed the Inflation Reduction Act on Aug. 16, 2022, including electric vehicle subsidies with ‘buy American’ rules.
Mandel Ngan/AFP via Getty
Joe Biden’s ‘buy American’ effort with EVs likely violated World Trade Organization rules that the US helped create. The US has an opportunity now to update the system – if it’s willing to take it.
Making industry greener – and stronger.
Can UK business compete in an international green subsidy race?
The Agoa agreement provides eligible African countries with duty-free access to the US market.
AFP PHOTO / GIANLUIGI GUERCIA
Africa should push for extension of AGOA rather than bilateral trade deals with the US.
Japan’s Prime Minister Fumio Kishida greets US Vice President Kamala in Tokyo. Washington is focused on moving close to partners it can trust.
Photo by David Mareuil/Pool/Getty Images
Africa must focus on building strong alliances with advanced economies to mitigate the steps being taken by the European Union and US.
Ngozi Okonjo-Iweala, director general of the World Trade Organisation.
Photo by Fabrice Coffrini/AFP via Getty Images
Creating employment and fighting corruption are two of the subjects discussed in the wide ranging discussion.
In 2020, desert locus plague of biblical proportions darkened skies over the Horn of Africa. In part it was caused by high rainfall and flooding in areas usually spared by the insect.
Trade regulation by rich countries against pests and disease is gradually making its way into the less developed nations. On top of safer foods, new research shows this could also bring sustainable growth.
Workers packaging honey for sale in Mekele, Ethiopia.
Photo credit should read ZACHARIAS ABUBEKER/AFP via Getty Images
Countries like Ethiopia, Mali and Guinea find it difficult to access the US market.
Developing nations can’t make COVID vaccines because some rich nations won’t support waiving patents. Unless Australia and others do more, the world will keep living with “grotesque” vaccination gaps.
Waiver talks might convince companies to focus on technology transfer and training, and let go of the plan to maximise patent-based revenues.
European Commission headquarters in Brussels, Belgium.
Rising protectionism has the potential to have major negative effects on many European companies, yet firms have been largely absent from the public conversation. Why?
Both sides can make a case, but they might not get the chance.
A medic administers a COVID-19 vaccine in Mumbai. India and South Africa have led efforts to get a waiver on intellectual property rights.
Pratik Chorge/Hindustan Times via Getty Images
A waiver may not allow all developing countries to secure medicines and other anti-COVID technologies in a timely way.
Ministers Stuart Robert, Angus Taylor and Prime Minister Scott Morrison arriving at question time.
The real target is China. Australia will be collateral damage.
A market place in Ghana’s capital Accra. Developing countries like Ghana risk being left behind in the race to secure COVID-19 vaccines.
Christian Thompson/Anadolu Agency via Getty Images
A waiver on some intellectual property rules at the WTO for COVID-19 vaccines would ensure more equitable access, but wouldn’t solve all the problems facing developing countries.
A formal resolution off Australia’s complaint about Chinese barley tariffs will likely take years. But at least it starts a structured process for dialogue.
Ngozi Okonjo-Iweala has already held top positions in several international bodies.
Ngozi Okonjo-Iweala will be better able to balance policies between the advanced economies and developing ones to achieve sustainable global economic growth and development.
Prime Minister Scott Morrison and Trade Minister Simon Birmingham after signing on Sunday.
Australia and other governments refused to release the text until after it was signed on Sunday. It’ll do little for Australian trade.
Sam Mooy/AAP Image
The World Trade Organisation has thrown out the final legal challenge to Australia’s tobacco plain packaging laws. Now countries across the world can implement this game-changing public health policy.