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Social Finance Matters (investing and business models for good)
The first and highest rated scoop.it blog on social finance and sustainable and inclusive business. The curations are mine.
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Pakistan textiles lifted by WTO trade waiver

Pakistan textiles lifted by WTO trade waiver | Social Finance Matters (investing and business models for good) | Scoop.it

The World Trade Organization approved unprecedented waivers allowing 75 Pakistani products duty free access to markets in Europe for two years.


The European Union is Pakistan’s largest trading partner, receiving nearly 30 percent of its exports — worth almost 3 billion euros ($3.9 billion).

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Pascal Lamy, “Africa should strenghten trade within itself” « Afronline – The Voice Of Africa

Pascal Lamy, “Africa should strenghten trade within itself” « Afronline – The Voice Of Africa | Social Finance Matters (investing and business models for good) | Scoop.it

What do you want to see African countries, particularly LDCs, do in order to offset this bleak projection?

 

"For a continent like Africa, it is not all bleak. It is bleak for the EU and probably the US, which is only part of the trade relationship for Africa.

It is bright for Asia, which is a growing part of [trade] relationships for Africa. There is bad news in traditional markets and good news for new markets.

My advice for Africa, as I said at the AU Summit [last week], is to strengthen trade within itself. Given the global uncertainty, which I think is here to stay, the most important thing will be growing intra-African trade. This will make the economy of the continent more resilient and less prone to external shocks, like what happened on the EU, the US, China fronts." 

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