Afreximbank supports ARSO in the harmonisation of African automotive standards
Afreximbank supports ARSO in the harmonisation of African automotive standards
Stay updated with breaking news from Auto Pact. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Afreximbank supports ARSO in the harmonisation of African automotive standards
•As Nigeria’s automotive policy suffers setback Reliance on used vehicles is hindering growth of Africa’s automobile market. This is projected to escalate for sub-Saharan Africa (SSA) in the next 15 years, implying that Africa’s demand for vehicles will likely continue to be met by other continents in the foreseeable future. This was contained in a White Paper, by World Economic Forum (WEF), in collaboration with Deloitte, titled: “Connecting countries and cities for regional value chain Integration,” released on Tuesday. Trade in used vehicles has variable effects on producers o...
Tried to use immigration issues across the board as part of really a campaign strategy. i think they saw overturning daca at this point in time, a judge overturning daca as an opportunity to make this another issue in the campaign, just like they tried to have their failed family separation policy as something that was helping them. and honestly, i think the federal judge has really taken that away from them. despite the fact that they're running -- the gop is running basically anti-immigrant ads everywhere, i think that is going to fail when a fuel like this is taken away from them. >> jonath...
Second-largest trade relationship after china and america. it is imperative for these two countries to figure something out. is it going to happen? >> i can't say. we don't know for sure. i think, you know, canada's ideal outcome might be dragging this on as long as possible and having trump not terminate the existing nafta. keeping the status quo i think is privately what canada would want. but the risk there in not making a deal is the longer you don't make a deal, the longer you risk this president who we know is impulsive or erratic, acts on impulse, terminating it, following through on hi...
>> you and i are old enough to remember when nafta came to be and before that the free trade agreement with canada and the fact that came with the auto pact between canada and the united states which was an active decision to create assembly in canada for american company cars at the time. the president is treading on dangerous water here. he torpedos the talks with the canadians and says the answer will be to tax cars coming from canada. that shows a poor understanding of basic economics. >> it does. and canada is our basic trading partner. a big chunk of our economy depends on that relations...