Monday, 5 March 2018

UK Africa Trade Heading Towards Complications

The confusion starts to show as the clock starts ticking


Africa is a poor country and its poverty is not due to inadequate resources or due to insufficient money. The problem is that these resources are not equally divided. The one in power in any department is a winner and others get what is left by the higher community. The slavery in the continent is not over in the real sense; it now prevails in another form called food reliance. Still African countries trade in food items and machinery to get the system going.
UK Africa
There are health issues in the region which are again attended by the foreign aid or else people die. There are very few jobs and what the might says is always right in this land. In such a situation, confusion for the present scenario is a just one from African countries. Brexit is becoming a major problem for the region and what to choose and what not to choose is a difficult question that has to find an answer. For More Details Visit:
SHIPPING SERVICES TO AFRICA

Priorities to be settled first:
According to the combined thought of African countries, a strong regional trade is emphasized as an important element that needs to be established first. This way the relations among the countries can be made strong and it will put a positive influence on international trade. But there are some problems that hinder strongly in the path.
African Countries
One is the tough restrictions for trade among the countries and other is the high tariffs for intra-African trade. When such conditions are applied how can be the establishment of continental free trade area become possible. The main thing that has to be attended first is to straighten up the government departments, develop a strong infrastructure without corruption and then distribute the resources equally among all levels.

Complex Situation for Africa:
When a situation like UK Brexit is faced by a developed country the problems are equal to none. But when you are talking about Africa the situation is not that simple.
Sea Cargo
Africa is a part of Economic Partnership Agreement (EPA) which is very valuable for it to stay with European Union. And obviously, when UK exits from EU all the agreements will be terminated. But this is not the case with Africa as it has to keep up with the UK as well as EU and some strong agreements are expected Cargo from UK To African countries to assure them what the future of trade will be between them and how things would work.

What will the UK do in this Context?

To cope with the present situation UK government has assured some 48 least developed countries to give duty-free access to its markets and this way they are securing them. But the problem is that what about the rest of them.
Brexit
In Africa there are some countries which are developed, this means that their future is in danger. So, whatever agreement is to be made it should be of advantage to all and not a specific quota. Africa is in a state of dilemma that what Brexit will bring to it as its reliance on UK for development projects and trade is a serious matter.