ICTSD Identifies Causes of High Trade Costs in Africa
John Iwori with agency report Non-tariff obstructions such as slow processes, bureaucracy and corruption account for between 60 per cent and 90 per cent of trade costs in Africa, the International Centre for Trade and Sustainable Development (ICTSD) has said. According to ICTSD, delays and unpredictability also reduce regional participation in global value chains because such […]