How can Africa cut the red tape and improve trade?

//How can Africa cut the red tape and improve trade?

How can Africa cut the red tape and improve trade?

By | 2016-12-07T16:45:18+00:00 December 7th, 2016|feed news|Comments Off on How can Africa cut the red tape and improve trade?

Kenya spends $115 per container in import compliance costs. That may seem a lot, but it was $550 just a few years ago. Imagine the effect on trade both to and from Africa, and within it, if the rest of the continent could achieve similar efficiency gains from cutting red tape. “The implementation of the WTO Trade Facilitation Agreement costs between $4m and $20m per country, while the impact on exports, …

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