RT Irish Exporters
The IEA attended an interesting @awscloud event this morning on building Ireland’s hyper scale cloud ecosystem & how tech supports SMEs to grow global - with a topical keynote delivered by @simoncoveney #SupplyChain #Exporters #logistics #tech https://t.co/V9tLWwbePG

🐦🔗: https://n.respublicae.eu/IrishExporters/status/1671782697050537986

£3 billion per year less public revenue, plus staff shortages, #inflation and problems for #exporters: the cost of #Brexit to #Scotland
https://news.stv.tv/politics/scotland-losing-3bn-a-year-of-public-revenue-due-to-brexit-paper-claims

4) #Credit – a key enabler of export growth iff (1) thru (3) above are done. For more credit to flow to #exporters, the #fiscal deficit needs to be contained (b/c it crowds out pvt sector), and #insolvency law fixed. See details in ch5 here: https://openknowledge.worldbank.org/handle/10986/38133

Interesting paper that reminds me of @NidaJamil8@twitter.com's in which she shows after the #China-#Pakistan #FTA, #Pakistani #exporters did not up investment, dragging productivity growth.

Both, in turn, remind me of @DavidKohn_16@twitter.com et al's 'no credit no gain' story. #Credit is key.

3) w/ @SDPIPakistan@twitter.com we conducted a pilot survey among #Pakistan's #exporters that revealed that +60% of them waited more than 60 days to get refunds (sometimes not full refunds) even after applications had been approved. Results here: https://www.tandfonline.com/doi/full/10.1080/00220388.2022.2096442

2) Thus, countries across the world use duty drawbacks (refunds on import duties) or outright exemptions for exporters. So that you don't "export taxes". In #SriLanka, for example, 50% of #exporters access these drawbacks. In #Pakistan, less than 10%.

1) #Exporters need access to #intermediates at world prices to be #competitive. That's well established. Granting them that access leads to a net gain of forex (because the value of exports> imports needed to produce them).

With external vulnerabilities mounting, talking about #imports as a #productivity enhancing platform for #Pakistan might sound ill-advised. It's not, if reforms are sequenced well. Right now, the priority should be to insulate #exporters. Why & how? 👇👇

RT @SDPIPakistan@twitter.com

Exporting is good for productivity in Pakistan, but importing is good too. Accessing technology is important for improving the overall economy.
@gonwei@twitter.com
#SDC2022

🐦🔗: https://twitter.com/SDPIPakistan/status/1603044242162679811

But #Pakistan's firms are not just small de jure. They are also truly small. An international comparison shows it. Take #exporters (export shipments can't be easily disguised)

Average annual shipments of a median #Pakistani exporter are less than 1/2 of a #Bangladeshi!

RT @gonwei@twitter.com

10) To sum up:

#import barriers affect #exporters. Insulate exporters from these import barriers. Crucial and will NOT increase external vulnerabilities.

#services exporters need some leeway to move $$ across borders (good talk on this by @Visionet@twitter.com CEO in #Quetta. #Pakistan

🐦🔗: https://twitter.com/gonwei/status/1595634754338127872

10) To sum up:

#import barriers affect #exporters. Insulate exporters from these import barriers. Crucial and will NOT increase external vulnerabilities.

#services exporters need some leeway to move $$ across borders (good talk on this by @Visionet@twitter.com CEO in #Quetta. #Pakistan

Bank Of Africa Named Two Separate “best Bank In Trade Finance” Awards

The latest news says Bank of Africa-Ghana (BOA - Ghana) has been titled “2022 Trade Finance Bank of the Year” by two reliable awarding schemes - the Innovation and Excellence Awards, and the Ghana Credit Excellence Awards 2022.

Read more: https://www.emeriobanque.com/news/bank-of-africa-named-best-bank-in-trade-finance-awards

#internationaltrade #exporters #importers #SMEs #tradefinanceservices #TradeFinanceGap #BankOfAfrica

RT @NSI_Namibia: INVITATION - WTO/TBT Requirements & TBT-Notification Procedure Business Seminar.

#Importers #Exporters #Producers #Namibia #Trade
@wto @eTwinningEurope

🐦🔗: https://nitter.eu/EU2Namibia/status/1583845037322153985

SMEs In Saudi Arabia Reached at 25.6%, Monsha'at Says

As per the latest news, the number of small & medium enterprises (SMEs) has reached 892,000, with an increment of 25.6% compared to the Q4 of 2021, announced by the Small and Medium Enterprises General Authority (Monsha'at).

Read more: https://www.emeriobanque.com/news/smes-in-saudi-arabia-reached-at-25-6-percentage-monsha-at-says

#financingsolutions #importers #exporters #SMEs $SaudiArabia #Monshaat

RT @BastidonPauline: Good to see another good performance from EU #agrifood #exporters in Jan-Feb 2022 - and EU #spirits exporters in particular (+28% compared with Jan-Feb 2021). The removal of US retaliatory #tariffs on EU spirits has greatly helped.

🐦🔗: https://nitter.eu/EUAgri/status/1531901851599241218

A #map of the world's biggest #weapons #exporters

http://bigthink.com/strange-maps/mapping-the-worlds-biggest-weapons-exporters-nil-and-their-best-customers