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Key Takeaways
International trade and the infrastructure that supports it (regulations, institutions, practices) are important drivers and enablers of the illegal timber trade in Peru.
This Trade Discrepancy Analysis (TDA) identifies significant and consistent discrepancies in the international trade of wood and wood products coming out of Peru.
Data show consistently undervalued timber exports to Mexico and to the United States, which could be a sign of under-invoicing to avoid taxes or profit in informal currency exchange markets. In contrast, data show consistently overvalued timber exports to China and the Dominican Republic, which could be a means to transfer illicit funds into the country, or to abuse export incentives.
By EDITH MUTETHYA in Nairobi, Kenya | China Daily Global | Updated: 2021-05-06 09:24 Share CLOSE Tanzanian President Samia Suluhu Hassan (left) and Kenya s President Uhuru Kenyatta exit the State House after their meeting in Nairobi, Kenya, on Tuesday. [BAZ RATNER/REUTERS]
The leaders of Kenya and Tanzania have agreed to improve trade ties between the East African neighbors after years of strains.
The commitment arose from talks on Tuesday between Kenyan President Uhuru Kenyatta and his Tanzanian counterpart Samia Suluhu Hassan, who was on a two-day state visit to Kenya.
In addition to the trade discussions, the leaders also agreed to improve ties in matters relating to security as well as in infrastructure, transport, culture and tourism.