Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Africa is one of the regions in the world with the highest visa requirements. Visa restrictions imply missed economic opportunities for intra-regional trade and for the local service economy such as tourism, cross-country medical services or education, according to AfDB’s Vice-President Mthuli Ncube.
Visa requirements in Africa have hampered growth of trade and job creation in the continent, a panel of economics experts has said.
Mthuli Ncube added that the movement of talent and people is at the core of regional integration. Twenty-five per cent of all trade in Africa is informal. If there were no visa requirements, informal sector trading would boom.
The private sector is the engine of growth, and we all talk about improving the climate for business sector. Visas are a major barrier, and pose restrictions on doing business, concluded Abdul Awl of Dabashill Group.
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