the U.S. and China competing harder for African trade.
The U.S. is seeking to catch up in Africa, (specially exports and investment to sub-Saharan Africa)
China has taking the lead in Africa and now U.S. pretends to get sustainable partnerships in Africa that add value rather than extract it, for example, with enhancing ties between American and African business.
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Africa is living an economic boom.
Part of this boom, it is being driven by investments from China and India that could bring Australia 's mining boom to a close sooner than expected.
In 2002, China surpassed Britain as Africa 's third largest trading partner. In 2006 China surpassed France to number 2 and in 2009 China supplanted America into first place, with trade of over $129bn.
China's investment strategies largely focused on the resource sector: oil, natural gas and minerals.
China's investment in Africa are long-term, based on national security needs, not short-term seeking immediately commercial profit in countries like Ghana Angola, Zambia, Uganda, Tanzania, Madagascar, Sierra Leone, Guinea, Gabon, Cameroon, Democratic Republic of Congo, or Ethiopia.
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A new dry canal could be a rival of Panama Canal?
China and Colombia are talking about building 250 miles of railroad to link Colombia's Atlantic and Pacific coasts, a dry canal rival the Panama Canal.
This will benefit all of Latin America because if there are problems with the Panama Canal, like too much ship traffic, this dry canal would be an alternative.
Even more ambitious is the proposal to build a new city, a new port, than would be the final of the dry canal, close to Cartagena, that will become a hub for assembling Chinese goods meant to re-export for the rest of Latin America and US.
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Both countries, Tajikistan and Pakistan maintain an excellent political, diplomatic relations and assured that they will continue to work together to enhance bilateral trade and economic relations.
Tajikistan import wheat, rice, corn, sugar, banola oil and fertilizers from Pakistan to fulfill its domestic requirements.
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You can win 3.000 dollars in our Forum-Business-Contest
World Bank informs about the ranking that indicate the country’s regulations and procedures for international business practices.
The higher the ranking, the simpler the regulations and procedures would be for international business practices and investor trust.
The ranking is on the basis of the ease of doing business, where the BRICS nations, South Africa (34th), China (79th), Russia (123th) Brazil (127th) and India (134th).
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