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A Sault Ste. Marie company is making inroads into the international bearing market.
Hydro Tech Inc., has partnered with Movena Korea Co., a South Korea-based maritime engineering and consulting company and is embarking upon a three-year joint project.
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Company president and CEO Mike Dupuis said he’s been examining ways to expand the company, which he began in 2001, in other markets and, in his exploratory research, he began discussions with Movena.
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The number of impoverished people in Myanmar has doubled since last year, the United Nations estimates, a stark reflection of the tumult and hardship visited upon a country hit by a coup amid a pandemic.
Before the onset of COVID-19, surveys showed one in four people in Myanmar lived in poverty. Now, modeling by the UN indicates that number has rapidly increased, both because of the effects of the virus and the devastating economic impact of the coup.
Addis Ababa, 8 April 2021, ECA – The African Trade Policy Centre (ATPC), a unit of the Economic Commission for Africa (ECA), is preparing the first ever Strategic Environmental Assessment (SEA) of the African Continental Free Trade Area (AfCFTA) to guide on how environmental considerations can be effectively incorporated into the agreement. The AfCFTA was formed by 54 African countries in 2019 to boost intra-African trade and create the world’s largest trading bloc since the formation of the World Trade Organization (WTO).
The SEA will identify how to include environmental considerations into the implementation of the AfCFTA and into the so-called phase II negotiations on investment, competition policy and intellectual property rights, and phase III negotiations on e-commerce due to start soon. The institutional capacities needed at continental, regional and national levels to address environmental issues will be determined under the assessment.
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