The Trade20 index tells the story of the rising stars of global trade, identifying the economies in each region that have the greatest trade growth potential. The index highlights existing trade powers like China, India and Singapore; medium-sized trading economies like Vietnam, Indonesia and Thailand that continue to make good progress; and smaller trading nations like Côte d’Ivoire, which are showing great promise.
Published by Standard Chartered Bank, The study that has distinguished Cote d’Ivoire has reviewed 12 indices among which: the dynamism of the economy (foreign direct investment, exports and economic growth); the provisions to be traded (infrastructure, e-commerce, facilities available to the business community), the diversity of export products; etc.
In the ranking of the first 20 countries published today, Côte d’Ivoire is ahead of all major economies on the planet. The country of Alassane Ouattara is followed by India (2nd); Kenya (3rd); China (4th) and Ireland (5th). Ghana, which ranks 13th, is the third African country in this ranking, with states like Switzerland and Turkey.
Côte d’Ivoire’s 1st place is something that all of Africa should be proud of, which confirms, as the report says, that Africa is a continent that will play a central role in international trade in the next decades.
“The excellent score of Côte d’Ivoire and Kenya in this report is the result of a significant improvement in their business environment, with the development of digital and physical infrastructure and efforts to strengthen the facilities available in the world of business.
Source : Standard Chartered Bank
Keywords: Africa, News, Economy, Trade, Côte d’Ivoire, Kenya, Ghana
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