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Nigeria’s intra-African trade dips 12% to ₦842.6bn in Q1’ 2023 – NBS
3-Jul-2023     TV360 Nigeria
Nigeria’s intra-African trade has continued to underperform expectations despite the commencement of the African Continental Free Trade Area (AfCFTA) as the trade value fell Year-on-Year (YoY) to N842.6 billion in the first quarter of 2023 (Q1’23) 11.95 percent down from N956.93 billion in Q1’22.
Kenya-EU trade deal: Why the East African Community was left out
3-Jul-2023     yahoo news
Kenya's President William Ruto hailed his country's "remarkable partnership" with the European Union (EU) as the two sides inked a 25-year trade deal, but it has raised questions about East African unity.
Lula stalls EU-Mercosur talks, prepares counter-proposal
3-Jul-2023     Euractiv
Mercosur countries cancelled trade talks with the EU meant to be held in Buenos Aires starting 29-30 June in what was seen as an attempt by Brazil’s President to buy time and present a counter-proposal to the bloc’s most recent demands.
Australia, EU trade ministers spoke as hopes of free trade deal rise
3-Jul-2023     Reuters
Australian and European Union trade ministers spoke, as optimism builds that sticking points over a free trade agreement can be overcome with more negotiation.
China to ease economic and trade rules to aid CPTPP pact bid, amid scepticism over reform commitment
3-Jul-2023     South China Morning Post
China has unveiled new measures to help its bid to join the CPTPP as Beijing presses on with its goal to reach the standards of the 11-nation deal, despite the thresholds for entry deemed by some members to be too high for the world’s second-largest economy.
EU-Mercosur trade deal threatens Indigenous lands, activist says
30-Jun-2023     Reuters
A planned free trade deal between the European Union and South American bloc Mercosur risks increasing demand for farm produce from Brazil at the expense of Indigenous people's land and rights, a leading activist said.
PH, India to commence bilateral trade deal negotiations
30-Jun-2023     PNA
The Philippine and Indian governments have agreed to begin the negotiations on a bilateral preferential trade agreement, which will reduce and eliminate tariffs on various goods.
EU to propose exit from Energy Charter Treaty over climate concerns
30-Jun-2023     Reuters
The European Commission is readying a proposal for EU countries to jointly quit an international energy treaty, after some governments already pledged to leave over climate concerns.
Belarus, China plan to sign trade in services agreement by 2023 year-end
30-Jun-2023     BelTA
Belarus and China are planning to sign an investment service agreement by the end of the year, BelTA learned from the press service of the Economy Ministry of Belarus.
Australia-EU free trade deal ‘approaching end-game’, Brussels says
29-Jun-2023     The Australian Financial Review
Australia’s free trade deal with the European Union is “approaching the end-game”, according to Brussels’ most senior negotiator, but it still looks touch-and-go whether the two sides can land a deal by a mid-July deadline.