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Hungary will ramp up efforts to attract FDI

Location:

HUNGARY

The Hungarian government is pursuing foreign direct investment (FDI) to cover some of the gaps created by the freezing of EU aid on rule-of-law grounds. Asian investors are being…

India should overcome investment downturn

Location:

INDIA

July RBI data show updated gross FDI inflows of USD71.4bn in fiscal year 2022/23 (April-March), down from USD84.8bn in 2021/22. This was the first annual fall since Prime Minister…

Egypt's external debt looms large

Location:

EGYPT

Meanwhile, the government is struggling with significant accumulated debt, including USD11.8bn that is scheduled to be repaid to the IMF over the next two years alone. The IMF…

Ruto will try to broaden Kenya’s trade ties

Location:

KENYA

Nairobi also says it expects a US-Kenya free trade agreement (FTA) to be finalised by April 2024, while the government has promised various tax and other incentives to foreign…

Sanctions will increase risks for Russian economy

Location:

RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

Gulf states: Western investment drive will accelerate

Location:

GULF STATES

This trend was sustained in 2023 with USD23bn worth of investments in US markets alone. However, Gulf investments are subject increasingly to greater Western scrutiny because of…

Brunei will step up efforts to diversify economy

Location:

BRUNEI

The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…

Aspects of EU-Canada free trade deal are in jeopardy

Location:

FRANCE/EU/CANADA

FRANCE/EU/CANADA: CETA ratification hits obstacles

Latvia’s unwieldy new government will be reform-averse

Location:

LATVIA

Latvia’s second female prime minister leads an ideologically diverse coalition led by her centrist New Unity (JV) party, and including the left-wing Progressives (PRO) and the…

Turkey’s dependence on Gulf investment will grow

Location:

TURKEY/GULF

The trip came just a few weeks after his victory in the presidential and parliamentary elections in May. The tour was part of Turkey’s push to improve ties with regional countries…