By 2025, roughly 47 countries submitted their tariff schedules under the 90% liberalisation commitment, and the Guided Trade Initiative (GTI) also enabled select transactions in areas such as processed food, pharmaceuticals and automotive components. Yet the paradox is one that is unavoidable: tariff elimination has transformed the legal landscape of
At first glance, autonomous freight transport might seem like a niche technological advance. However, it intersects with several pivotal shifts reshaping Eurasia and beyond. First, it speaks directly to the region’s longstanding challenge: inefficient border procedures and cumbersome transit corridors that have historically impeded trade flows between Europe and Asia.
ECOWAS (Economic Community of West African States) was founded in 1975 in order to consolidate West Africa’s trade channels, SADC (Southern African Development Community) formalised in 1992 in order to stabilise Southern Africa’s post-apartheid economic landscape, and COMESA (Common Market for Eastern and Southern Africa) evolved from the 1981 Preferential
China’s annual trade surplus, the difference between money spent on imports and money earned from exports, has exceeded $1 trillion for the first time, despite a trade war initiated by U.S. President Trump. China, the world’s second-biggest economy, remains mostly unscathed from the standoff with the United States, delivering more
China’s annual trade surplus, the difference between money spent on imports and money earned from exports, has exceeded $1 trillion for the first time, despite a trade war initiated by U.S. President Trump. China, the world’s second-biggest economy, remains mostly unscathed from the standoff with the United States, delivering more