MultiLateral Thinking: Digitally transforming Sudan’s economy

Craig Atkinson In transitioning to democracy, Sudan can strengthen its efforts toward inclusive trade by continuing its WTO accession process and implementing the Trade Facilitation Agreement. Given the role ecommerce will play in transforming sales channels, Sudan’s economy may benefit from protection and promotion of georaphical indications. By publishing algorithmic regulations to the internet, Sudan could reduce transaction costs for traders, support cross-border ecommerce and comply with future multilateral obligations. The fourth industrial revolution has arrived and the global economy…

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No particular place to go? Why riding along in my automobile is changing forever

  Dr. Rebecca Harding CEO Coriolis Technologies What does the automotive sector mean to you? Power? Freedom? Affluence? Drive? Prowess? To an economist, and we’re not called the dismal scientists for nothing, the car sector is none of these. It is the bellwether for the global economy. It is the fourth largest sector in the world in trade terms: by the end of 2019 Coriolis estimates that it will account for roughly 10% of world trade in goods, or approximately…

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Quick Take: RCEP

As the ASEAN summit starts today, Indian trade negotiators are seeking to wrap up the 25 chapters of the Regional Comprehensive Economic Partnership (RCEP). The RCEP is a proposed free trade agreement that would include 45% of the world’s population, and 40% of the world’s trade. A breakthrough in the RCEP would be a marked win for trade liberalisation at a time where rising tariffs spurred by nationalism are increasingly becoming the norm. However, political resistance still remains within India,…

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Why UK politicians should look before they leap when deciding on Brexit

Dr. Rebecca Harding CEO, Coriolis Technologies With nine days to go until the UK is supposed to leave the EU, if ever there was a time to stop and think about the future of UK trade it is now. The “get Brexit done” mantra has taken hold of political rhetoric since Mr Johnson became prime minister, and as a result there is a real risk that some of the aspects of the current political declaration for trade will be at…

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Quick Take: USA-India trade dispute

Ahead of a meeting with Piyush Goyal last Thursday, US commerce secretary Wilbur Ross has said India needs ”decisive action” for a trade deal with the US. The two countries have been in a trade dispute for many months, the US removing India from the generalised system of preferences (GSP), citing unequal access to the Indian market for US exporters. In retaliation, India has imposed tariffs on 28 US products. A trade deal between the two nations would be of…

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