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Lesotho News

OECD Global Forum On Tax Transparency Adds Two Members

by Ulrika Lomas,, Brussels

Thursday, February 28, 2013

The Organization for Economic Cooperation and Development has welcomed two new members to the Global Forum on Transparency and Exchange of Information for Tax Purposes: Azerbaijan and Lesotho. Read Full Story


Africa Urged To Remove Barriers To Regional Trade

by Robert Lee,, London

Thursday, November 8, 2012

African nations are failing to fully recognize the role that freer trade can play in fostering entrepreneurial activity and improving food security, a new report from the World Bank says. Read Full Story


EU Approves New Scheme for GSP Tariffs

by Ulrika Lomas,, Brussels

Monday, October 8, 2012

Following an agreement with the European Parliament, the European Council has adopted a regulation amending the European Union scheme of generalized tariff preferences for developing countries. Read Full Story


EC Urged To Give ACP States More Negotiating Time

Ulrika Lomas,, Brussels

Tuesday, June 26, 2012

The trade committee of the European Parliament has called on the European Commission to give African, Caribbean and Pacific countries two more years for negotiations on their Economic Partnership Agreements before withdrawing their free access to the European Union market. Read Full Story


South Africa Pushes Trade Treaty Talks With India

by Lorys Charalambous,, Cyprus

Wednesday, March 21, 2012

The completion of the Preferential Trade Agreement between South Africa and India was anticipated at a recent business seminar hosted by South Africa’s Department of Trade and Industry in Chennai, India. Read Full Story


Problems Foreseen For African Tripartite FTA

by Lorys Charalambous,, Cyprus

Tuesday, November 8, 2011

The South African Minister of Trade and Industry, Rob Davies, has expressed the opinion that the planned roll out of the proposed African tripartite free trade agreement may 'hit a snag' when negotiating on trade in manufactured goods between the member countries. Read Full Story


IMF Opens Fourth African Technical Assistance Centre

by Lorys Charalambous,, Cyprus

Tuesday, October 18, 2011

The International Monetary Fund has officially opened its fourth Africa regional technical assistance centre in Mauritius, offering capacity building services to 13 countries across Southern Africa and the Indian Ocean. Read Full Story


ACP States Risk Losing Duty-Free Access To EU

by Lorys Charalambous,, Cyprus

Friday, October 7, 2011

The European Commission is proposing to amend the Market Access Regulation governing the trade conditions for certain developing countries that have negotiated, with the European Union, Economic Partnership Agreements which have yet to be signed and ratified. Read Full Story


Guernsey Leading Field In Tax Cooperation With Africa

by Jason Gorringe,, London

Tuesday, September 27, 2011

The States of Guernsey is set to conclude a further six bilateral Tax Information Exchange Agreements that have been negotiated with members of the Southern African Development Community, in line with the Organization for Economic Co-operation and Development’s priority of working closely on tax issues with developing countries. Read Full Story


South Africa Plugs Tripartite FTA

by Lorys Charalambous,, Cyprus

Friday, August 26, 2011

In the opinion of South Africa’s Deputy Minister of Trade and Industry, Elizabeth Thabethe, the recent agreement to launch talks to establish a tripartite free trade agreement between several African nations has made it more urgent to promote intra-African trade. Read Full Story



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