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专访丨非洲应推动贸易多元化应对美关税冲击——访喀麦隆经济学家塔韦
Xin Hua Wang· 2025-09-05 12:52
Core Viewpoint - The recent U.S. tariff policies are disrupting existing trade relations in Africa, prompting the need for African nations to diversify trade partnerships and enhance cooperation through the African Continental Free Trade Area (AfCFTA) to mitigate the impact of these tariffs [1][2]. Group 1: Impact of U.S. Tariffs - The changes in U.S. tariff rates may lead to economic instability for African economies that heavily rely on external markets [1]. - The new tariff policies are expected to significantly affect non-U.S. relations and accelerate the shift of Africa's strategic focus away from a U.S.-centric trade system [2]. Group 2: Recommendations for African Economies - African countries should leverage the AfCFTA platform to build more resilient regional value chains and strengthen internal trade [2]. - There is a need for African decision-makers to reassess trade strategies, reduce dependency on single markets, and enhance economic resilience to cope with the dual impact of increased tariffs and reduced foreign aid [2]. Group 3: Diversification of Trade Partnerships - Emphasis should be placed on diversifying trade partnerships, particularly towards Asia, with a focus on China, which has announced zero tariffs on 100% of products for 53 African countries [2]. - The strengthening of trade relations with China presents significant opportunities for African businesses to effectively respond to the disruptions caused by U.S. trade policies [2].
第四届非洲贸易博览会在阿尔及尔举行
Shang Wu Bu Wang Zhan· 2025-09-05 06:29
Core Points - The fourth African Trade Fair (IATF 2025) was inaugurated by Algerian President Tebboune, with participation from multiple African heads of state and government delegations [1] - The fair aims to promote intra-African trade and is expected to sign trade and investment agreements totaling $44 billion [1] - Algeria is the third-largest economy in Africa and has been actively preparing for this event to strengthen internal trade [2] Group 1 - The African Trade Fair is a collaborative initiative involving the African Export-Import Bank, the African Union Commission, and the Secretariat of the African Continental Free Trade Area [1] - The theme of the fair is "A Bridge to New Opportunities," with representation from 140 countries and over 2,000 companies, including nearly 200 Algerian firms [1] - The event is expected to attract 35,000 professional visitors from 80 countries [1] Group 2 - Africa has 1.4 billion consumers and a GDP of $3.5 trillion, but intra-African trade accounts for only 15% of total trade [2] - The African Continental Free Trade Area was established in 2018 to enhance internal trade, but faces challenges such as political instability, economic disparities, and weak infrastructure [2] - Algeria is playing a key role in promoting African economic integration and is accelerating infrastructure projects to enhance connectivity with neighboring countries [2]
2024年非洲内部贸易增长高达12.4%
Shang Wu Bu Wang Zhan· 2025-08-09 17:40
Core Insights - The African Export-Import Bank (Afreximbank) reported that intra-African trade is projected to reach $220.3 billion in 2024, reflecting a 12.4% increase from the previous year [1] Group 1: Trade Contributions - South Africa remains the largest contributor to intra-African trade, with trade volume amounting to $42.1 billion, accounting for approximately 20% of the total intra-African trade [1] - Despite a slight decline compared to last year, South Africa continues to play a central role in regional groups such as the Southern African Customs Union and the Southern African Development Community [1] - West African countries, particularly Nigeria and Côte d'Ivoire, have also shown significant growth, with Côte d'Ivoire's trade with African nations reaching $10.6 billion, representing 4.8% of total intra-African trade [1] - Nigeria's trade with African countries has improved significantly, amounting to $18.4 billion [1] Group 2: Trade Growth Challenges - The report highlights that trade growth across African regions is uneven, with slow growth in Central African countries due to poor infrastructure and weak management mechanisms [2] - Structural barriers among African nations continue to limit the full potential of the African Continental Free Trade Area [2] - The report recommends targeted policy interventions, significant investments in transportation, energy, and digital infrastructure to reduce trade costs [2] - It also suggests that Africa should integrate and innovate financing mechanisms, including blended finance and public-private partnerships, to support necessary infrastructure and capacity-building projects for sustainable growth across the continent [2]
【环球财经】非洲大陆自由贸易区(AfCFTA)第16次部长级会议在刚果(金)召开
Xin Hua Cai Jing· 2025-04-15 23:21
Core Points - The 16th Ministerial Meeting of the African Continental Free Trade Area (AfCFTA) commenced in Kinshasa, Democratic Republic of the Congo, emphasizing the need for deeper regional cooperation and faster implementation of the free trade area mechanisms [1] - The AfCFTA aims to create a unified market covering 1.3 billion people with a total GDP of approximately $3.4 trillion, recognized as a key pillar for Africa's economic transformation and regional integration [1] Group 1 - The President of the Democratic Republic of the Congo, Félix Tshisekedi, called for enhanced collaboration among African nations to unlock the continent's potential through unity and shared development [1] - Tshisekedi proposed Kinshasa as a candidate location for future AfCFTA-related institutions or regional platforms, showcasing the country's commitment to regional integration [1] Group 2 - The Minister of Foreign Trade of the Democratic Republic of the Congo, Julien Paluku, highlighted the country's active pursuit of industrialization and agricultural transformation strategies within the AfCFTA framework [2] - The meeting discussed key topics such as tariff reduction mechanisms, rules of origin, and digital trade policies to enhance policy coordination and institutional alignment among member countries [2]