Business

‘Cooperation cardinal in cushioning trade tensions’

KALONDE NYATI, Lusaka
SOUTH-SOUTH Cooperation is cardinal in cushioning the impact of trade tensions and global financial market volatilities, the African Export-Import Bank (Afreximbank) says.
South-South Cooperation is a term used to describe the exchange of resources, technology and knowledge between developing countries in Africa, Asia, with the exception of Japan, Hong Kong, Macau, Singapore, South Korea and Taiwan, Central America, South America, Mexico and the Middle East.
Afreximbank president Benedict Oramah said economies of the South must work together to deal with the uncertainties resulting from the current global trade environment.
Professor Oramah said during a panel discussion on “The growing importance of South-South cooperation amid trade tensions and global financial market volatility” on the sidelines of the 2018 International Monetary Fund and http://epaper.daily-mail.co.zm/

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