Page 35 - Albert News Today

As well as natural resources. so these will be key elements in the growth of the global economy in the future. its in recognition of this that the north and the south want deeper interdependence, and its welcome. you know, albert, iam wondering if this is the likes ofjapan, the us, the eu, simply trying to play catch up in africa and theyre all worried just how far behind they are to china when it when it comes to african investment. from 2000 onwards, there was huge investments from china. chin...

Lines, it can be seaports. it can be energy systems like transportation. there is are visible across africa and have been built by the chinese. so china has done quite a considerablejob. and albert, youre speaking to me from ottawa. youre there to try and strengthen africas trade links with canada, which is, of course, a member of the g7. but what is the focus of your message to them? i mean, what is it, albert, that you want from canada and its g7 partners? what we want is — africa is transfo...

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Its in recognition of this that the north and the south want deeper interdependence, and its welcome. you know, albert, i am wondering if this is the likes of japan, the us, the eu, simply trying to play catch up in africa and theyre all worried just how far behind they are to china when it when it comes to african investment. from 2000 onwards, there was huge investments from china. when the rest of the world saw the growing statistics, that is when they saw that there was a massive opportunity...

Scene is very — make sure that happens? transparent scene is very much _ make sure that happens? transparent scene is very much important. - make sure that happens? transparent scene is very much important. one . make sure that happens? transparent scene is very much important. one of| scene is very much important. one of the things that we fully want to reach an agreement on is to be very open about the issues that are on the table. there should be no hidden clauses. there have been hidden cl...

Those are very visible across africa, and they have been built by the chinese. nobody can deny they are there. yes. so, china has really done quite a considerablejob in promoting infrastructure development across africa through the belt and road initiative. and albert, youre speaking to me from ottawa. youre there to try and strengthen africas trade links with canada, which is, of course, a member of the g—7. but what is the focus of your message to them? i mean, what is it, albert, that you w...

Having you on this show. good luck with everything and ill talk to you soon. great. thank you so much for having me. so, with customers for its valuable natural resources just queuing up at the door. africa seems to be in a strong position, but its also a continent full of countries with huge debts to the rest of the world. so, just how is it going to turn its opportunities into prosperity? well, thats something ive been discussing with the man in charge of trade at the african union, ambassador...

Having established the african continental free trade area, the next stage is to move it towards an african customs union. so we are moving in that direction and once we have that done that, then we are creating the conditions for policy harmonisation, macroeconomic policy convergence. at that stage, africa should really be able to speak very strongly with one voice on all global economic issues. well, on that point, ambassador albert muchanga, the african union trade commissioner, a real pleasu...

The international economy. there are a lot of opportunities around the world and a lot of countries want diversified. they are export destinations. and of course, they also wanted to diversify their import sources of imports. africa is a young continent. it offers huge opportunities for growth in the future. africa has vast reserves of natural resources, and a lot of countries want to have access to those resources. so we understand its part of the game of interdependence. i mean, japan, its hos...

They are export destinations. and of course, they also wanted to diversify their import sources of imports. africa is a young continent. it offers huge opportunities for growth in the future. africa has vast reserves of natural resources, and a lot of countries want to have access to those resources. so we understand its part of the game of interdependence. as we know. i mean, japan, its hosting the g7 summit. what do you think, albert will actually come out of the summit�*s aim to to strength...