Economy

In a bid to lower trade barriers and eliminate Customs duties, Mongolia has struck its first major trade deal with Japan, which could pave the way for a broader network of free trade agreements (FTAs) while also boosting its chances of becoming a trade and logistics hub in the years to come.

Having been among the continent’s fastest-growing economies on the back of an oil-fuelled boom, Ghana has cut its growth target for this year and revised its forecast for inflation and budget deficit upwards as a result of slowing commodity revenues and high current spending.

A diplomatic approach towards regional issues has strengthened Malaysia’s efforts to boost trade and investment ties with China, setting the scene for the two countries to roll out an ambitious programme of increased financial cooperation.

Entre los años 2012 y 2013, el Perú experimentó un descenso significativo de la Inversión Extranjera Directa (IED), tendencia que se espera continúe al menos hasta el año 2014. La caída registrada por los precios de los metales es la principal responsable de la disminución de la IED, la cual está afectando principalmente al sector minero.

Debts markets in Nigeria have traditionally been dominated by sovereign issuances, but as demand for African bonds continues unabated, an increasing number of Nigerian banks are looking to tap into rising investor sentiment to expand their financing options.

A combination of aid and investment from its Arab peers and stronger regional trade ties is proving instrumental in helping Jordan draw a line under several years of sluggish growth.