business diplomacy

Acknowledging the various interventions by the British Government in aid of the country’s developmental challenges, the minister said although Nigeria would appreciate more foreign aid from the British Government, it would be looking more in the area of investments from companies in that country coming into Nigeria. He explained the government’s efforts toward ensuring the ease of doing business and particularly mentioned the creation of industrial hubs in the six geo-political zones of the country that would have the basic facilities required for manufacturing to thrive smoothly.

U.S. robotics company Zipline, which launched the world's first commercial drone delivery service, in Rwanda, says it is close to expanding to Tanzania. It has been delivering emergency blood supplies within Rwanda since 2016.

The Vermont ski industry is worried about the Trump Administration's review of the J-1 Visa exchange program which allows resorts to hire some foreign workers. "This program is an ambassadorship program. You get incredible students who come on up and are enthusiastic and hard working. They go back to their home country and share the incredible experiences they've had here in Vermont," says Ski Vermont President Parker Riehle.

A delegation of Japanese officials and businessmen arrived at Russia’s Kunashir Island on Wednesday to inspect facilities that may be used for joint Russian-Japanese business projects at the Kuril Islands, which Japan calls its Northern Territories.

About two dozen municipalities, mainly from the region, have partnered with most of Guam’s villages throughout the years to form sister-city relationships. The bond is meant to be mutually beneficial as the two cities from different nations share business, cultural and educational ideas. The relationship is often established through an agreement with elected officials, such as mayors. [...] The council’s latest travel record showed that teams of village mayors attended festivals in the Philippines in recent months.

Twenty-five U.S. companies and representatives of Kazakh state bodies, national companies and local business representatives gathered in Astana June 14 for the U.S. – Kazakhstan business forum. The event aimed to attract U.S. companies to priority sectors, including car assembly industry, health, construction, agriculture and light industry. About 500 companies in various sectors of the economy with the U.S. participation operate in Kazakhstan, Minister for Investments and Development of Kazakhstan Zhenis Kassymbek told the gathering.

Bangkok professionals are not strangers to the difficulties created by cultural differences, and the need to navigate cross-cultural relationships effectively is becoming more important than ever. The city’s historic position as a hub for the high-growth ASEAN region, and the fact that many multinational companies, such as Exxon Mobil, Huawei, and Unilever, have set up regional offices in the city, has required professionals here to constantly build and maintain a culturally diverse range of business relationships. 

The dynamics of the global economy are shifting apace. With uncertainty in developed markets such as the UK, the US and Europe, many brands are looking beyond their traditional customer bases in search of new opportunities and sources of growth. Africa, the world’s poorest continent but also the most untapped by consumer brands, looks set to benefit.

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