Reflections on the Commonwealth Trade Summit
Navigating Multilateralism Amidst Protectionist Challenges 12 April 2025 The Commonwealth Trade and Investment Summit (CTIS), held in London this week, could yet prove to be a pivotal moment in the history of the Commonwealth, an organisation often described as “in search of a purpose”. With over 400 delegates from more than 40 countries in attendance, including business leaders, government officials, and representatives from multilateral institutions, the summit provided a platform for discussions aimed at reshaping the Commonwealth’s role in the evolving global trade landscape. At the heart of the summit was a renewed commitment to a transparent, inclusive, and rules-based multilateral trading system. As protectionist policies and trade barriers gain momentum worldwide, delegates highlighted the importance of a united Commonwealth in promoting free trade and fostering economic cooperation. “The Commonwealth represents a unique opportunity to lead the charge in global trade by standing united in the face of rising protectionist tendencies,” said Dr. Jumoke Oduwole, Nigeria’s Minister of Industry, Trade, and Investment. “Now is the time for the Commonwealth to be an example of how countries can work together for mutual benefit.” While the summit focused on advancing trade relations, it also provided a chance to reflect on the Commonwealth’s evolution. For years, critics have questioned the organisation’s true purpose and its ability to navigate the complexities of the modern world. Yet, as the summit unfolded, there was a palpable sense that this gathering could mark a turning point, with the Commonwealth positioning itself to become a more influential force in the global economy. Rt Hon Patricia Scotland KC, Commonwealth Secretary-General, emphasised this potential when she spoke about the organisation’s ambitious goal of reaching $2 trillion in intra-Commonwealth trade by 2030. “Our vision is not just about increasing trade volumes, but creating a trade system that benefits all nations equally, from the smallest island states to the largest economies,” she said. “Trade and investment at the heart of Commonwealth renewal” Another prominent theme at the summit was the push for sustainable development and economic resilience. Speakers discussed the importance of infrastructure development, the digital economy, and inclusive growth as key drivers of future prosperity. Stephen Harris, Operations Director at Gapuma, noted that such initiatives must be underpinned by meaningful partnerships. “At Gapuma, we are committed to engaging with forward-thinking initiatives that support the growth of infrastructure and innovation in the Commonwealth,” he remarked. “It is through these partnerships that we will see lasting, transformative change.” Among the distinguished attendees were Adesuwa Ladoja, Managing Director and CEO of Lagos Free Zone, who highlighted the zone’s potential as a major economic driver for West Africa, and Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, who discussed the need for greater collaboration between the WTO and Commonwealth nations to foster a fair and open trading system. The summit was not only a reflection on the Commonwealth’s trade future, but also a moment to reconsider its broader role in global affairs. In the context of rising protectionism, the Commonwealth has an opportunity to redefine its place in the world, as well as access to the ‘Global South’. With ongoing discussions centred on economic cooperation and mutual growth, the summit has the potential to solidify the Commonwealth’s standing as a global champion of multilateralism. If the momentum continues, it could indeed mark the beginning of a new, more purposeful chapter for the organisation.
Gapuma Joins Conversation on Investment & Innovation in West Africa
LAGOS FREE ZONE: Gateway to a New Frontier 11 April 2025 This week in London, Gapuma’s Business Development Manager, Yanish Bhageerutty, took part in the West Africa Investment Gateway summit, hosted by Invest Africa, bringing together key players in African trade, development, and infrastructure. Among the distinguished speakers were Dr Jumoke Oduwole, Nigeria’s Minister of Industry, Trade, and Investment, and Adesuwa Ladoja, Managing Director and CEO of Lagos Free Zone (LFZ). The event showcased the LFZ as a transformative economic hub offering world-class infrastructure, deep policy incentives, and access to over 400 million consumers across the region. Under the theme “Your Gateway to a New Frontier,” the summit explored the strategic vision behind LFZ’s integrated ecosystem—complete with the operational Lekki Deep Sea Port, dedicated piped gas infrastructure, and extensive export incentives. With sectors ranging from industrial production to fintech and consumer goods, and partnerships with global brands such as Kellogg’s, Colgate-Palmolive, and Hero MotoCorp, the Zone is positioned as a major engine of growth. Yanish Bhageerutty’s presence underscored Gapuma’s ongoing commitment to engaging with forward-thinking initiatives and key stakeholders driving regional transformation. “Lagos Free Zone is more than just a location—it’s a bold statement about Africa’s future in global trade,” he noted. “We’re here to support and be part of that story.” As Gapuma deepens its footprint in West Africa, events such as this affirm its mission to build meaningful, strategic partnerships in the region’s most promising markets.
Gapuma’s Director of Purchasing: China Visit
08 April 2025 Gapuma is pleased to announce that its Director of Purchasing, Russell Brill, will be embarking on an extended visit to China this April, further reinforcing the company’s strategic commitment to global sourcing and supplier partnerships. A key highlight of the visit will be Russell’s attendance at CHINAPLAS 2025, Asia’s leading plastics and rubber trade fair, taking place from 15th to 18th April in Shenzhen. Widely recognised as one of the world’s most influential industry exhibitions, CHINAPLAS draws over 4,000 exhibitors and thousands of industry professionals from around the globe. In addition to attending CHINAPLAS, Russell will spend 19th to 24th April in Qingdao, home to Gapuma’s China office. Located in Shandong province, Qingdao continues to serve as a strategic procurement hub for many of the company’s key sources of supply. Despite a demanding travel schedule involving multiple high-level meetings and supplier engagements across the country, Russell remains open to connecting with new partners seeking to collaborate with Gapuma. The visit reflects his ongoing dedication to sourcing excellence, product innovation, and supply chain development. Russell spoke with enthusiasm ahead of the trip: “China remains a cornerstone of our international procurement strategy. CHINAPLAS offers an invaluable opportunity to identify new technologies, strengthen ties with trusted partners, and remain ahead of market trends.” Gapuma will be sharing updates throughout the visit via its latest news bulletins and social media platforms. Stay tuned for exclusive insights as Russell engages with industry leaders and explores new opportunities for collaboration.
Ironman Russell Brill Takes on Hamburg in Support of School
4 April 2025 Russell Brill, Gapuma’s Director of Procurement, will be pushing his physical and mental limits on 1 June 2025 as he competes in the gruelling Ironman Hamburg triathlon. The challenge consists of a 3.8km open water swim in the Elbe River, followed by a 180km cycle, and concludes with a full marathon of 42.2km. Russell has been training daily for the past seven months, preparing for what he describes as a journey of immense mental, emotional, and physical demands. However, his motivation goes far beyond personal achievement. Russell is aiming to raise £8,000 for Friends of Oak View School, a charity that supports children with disabilities at the special needs school in Loughton, Essex. The cause is deeply personal, as his youngest son, diagnosed with autism in 2012, has flourished thanks to the school’s dedicated care. “My colleagues at Gapuma could not have been more supportive; both financially and morally,” an emotional Russell relates. “They really are like a second family. And I can’t begin to say how much I appreciate their backing.” The funds will contribute towards the purchase of a custom-made climbing wall, which will provide children with physical, sensory, and cognitive benefits while fostering confidence, coordination, and social interaction. Russell’s goal is clear: completing the Ironman would make him proud, finishing in daylight would make him ecstatic, but raising £8,000 to help children at Oak View School thrive would be the ultimate triumph. If you would like to contribute to this fantastic cause, please visit Russell’s Just Giving page Picture Credit: Chris Emil Janßen / imago images
Eid Mubarak from Gapuma Group
31st March 2025 As the crescent moon ushers in the joyous celebration of Eid-ul-Fitr, we extend our warmest wishes to our colleagues, partners, and friends around the world. May this special occasion bring you and your loved ones peace, happiness, and prosperity. At Gapuma, we recognise the values of unity, compassion, and generosity that Eid symbolises. May this festive season inspire kindness and strengthen the bonds of friendship and collaboration across communities and borders. Eid Mubarak to all celebrating! Picture credit: Khadidja Sed via Wiki Commons
Gapuma, On the Ground and Ahead of the Curve:
Yanish Bhageerutty Reflects on Côte d’Ivoire and Ghana 20 March 2025 Gapuma Business Development Manager, Yanish Bhageerutty has just concluded a successful visit to Côte d’Ivoire and is currently wrapping up his trip in Ghana, which will conclude tomorrow. With the region facing shifting political and economic dynamics, Gapuma’s local presence and infrastructure have proven invaluable in navigating these markets with agility and confidence. During his time in Abidjan, Yanish engaged with key partners, gaining first-hand insights into the evolving commercial landscape. Côte d’Ivoire, with its stable GDP growth and expanding industrial sector, offers promising opportunities despite broader regional uncertainties. With Gapuma’s own warehousing facilities strategically located in Abidjan, the company is well-positioned to meet growing demand efficiently and reliably. In Ghana, where Yanish is concluding his trip, Gapuma’s methanol storage facilities in Tema play a pivotal role in servicing clients with flexibility and speed. With Ghana’s petrochemical and industrial sectors showing resilience amid global headwinds, the ability to store and distribute methanol locally enables Gapuma to adapt swiftly to market fluctuations and customer needs. Yanish noted the value of being on the ground, stating, “Spending time with our partners in Côte d’Ivoire and Ghana reinforces the importance of local expertise and presence. It allows us to not only strengthen existing relationships but also identify new opportunities that align with our growth strategy.” With a well-established foothold in West Africa, Gapuma continues to expand its reach, providing consistent, responsive service across the region. Whether you are a supplier or a purchaser, we are always delighted to hear from you. For more information, please contact Yanish at yanish@gapuma.com.
Gapuma Expands in Serbia with New 22kt Silo Distribution Centre in Novi Sad
13 March 2025 Gapuma Group has strengthened its presence in Europe with the establishment of Gapuma Serbia and the launch of a major 22,000-tonne silo distribution centre, including a fertiliser warehouse, in Novi Sad. This investment marks a significant step in enhancing grain distribution across Serbia and the wider region, ensuring the seamless supply of bulk agricultural products to manufacturers across Europe. The new facility underscores Gapuma’s long-term commitment to fostering trade and economic development in Serbia. By streamlining the movement of essential commodities, the distribution centre will play a crucial role in supporting the country’s agricultural sector and reinforcing Serbia’s position as a key hub in the European supply chain. Gapuma’s dedication to deepening trade links across Europe is exemplified by the company’s Group Managing Director, Jack Bardakjian. As a Director on the board of the British-Serbian Chamber of Commerce, Bardakjian has played an instrumental role in strengthening business relations between Serbia and the UK. His frequent visits to Serbia and close engagement with the Department for Business, Innovation & Skills (BIS) and the British Ambassador to Serbia, Edward Ferguson, reflect Gapuma’s strategic focus on expanding opportunities in the region. With the establishment of Gapuma Serbia and the launch of its new distribution centre, the company reaffirms its commitment to enhancing the agricultural supply chain and facilitating robust trade connections between Serbia and the rest of Europe.
Jack Bardakjian to Tackle Ghent Marathon This Sunday
28 March 2025 Jack Bardakjian, Group Managing Director and veteran of numerous road races, will be taking on the Ghent Marathon this Sunday, 30 March 2025. Known for his stamina and dedication to long-distance running, Jack’s return to competition is all the more remarkable, having recovered from double knee surgery. The Ghent Marathon has become an increasingly popular fixture on the European running calendar, offering a picturesque yet demanding route. Starting near the Flanders Expo, runners will make their way through the city’s green outskirts, including the Blaarmeersen recreational park, before heading into the medieval heart of Ghent. The course passes by several of the city’s iconic landmarks, including Gravensteen Castle, a striking 12th-century fortress with a storied past, and St Bavo’s Cathedral, home to Jan van Eyck’s masterpiece The Adoration of the Mystic Lamb. The final stretch leads runners back towards the Flanders Expo, where cheering crowds will await the finishers. Beyond its historical charm, Ghent has a rich industrial heritage. Once a major centre for textile production, the city remains an economic hub with a thriving logistics sector and a growing reputation for biotechnology innovation. Its lively atmosphere, enhanced by charming canals and bustling squares, makes it a favourite destination for visitors. And Jack’s marathon journey will not end in Ghent. In October, he plans to compete in the Lisbon Marathon, another scenic but demanding race, this time along Portugal’s Atlantic Coast. Picture Credit: GOLAZO
Gapuma South Africa Gears Up for IPC 2025
19 March 2025 Petrochemical Powerhouse Event in San Antonio Gapuma South Africa are set to be out in force at the upcoming International Petrochemical Conference (IPC) in San Antonio, Texas, from 23 to 25 March 2025. Henry Greeff, Gary Hayes, and Dave Steward will attend this prominent event, organised by the American Fuel & Petrochemical Manufacturers (AFPM), which is recognised as one of the largest petrochemical gatherings globally, drawing thousands of participants from companies worldwide. The conference taking place at the Grand Hyatt San Antonio will see attendees engaging in discussions on key political, economic, and environmental issues impacting the petrochemical industry. A highlight of the event is the International Petrochemical Luncheon, featuring a conversation with the former UK Prime Minister, Boris Johnson. The conference features a number of high level speakers Brook Vickery, President and CEO of INVISTA, and Steve Prusak, President and CEO of Chevron Phillips Chemical Company LP. The conference provides a major opportunity to gain insights into emerging trends, and explore potential collaborations. We would be delighted to see you there – please come and find us to discuss how Gapuma can support your petrochemical needs. For more information about the conference, including the full agenda and list of speakers, visit the official AFPM event page.
Gapuma at the European Coatings Show 2025:
Meet Our Team in Nuremberg 24 March 2025 We are delighted to announce that Gapuma Group will be attending the prestigious European Coatings Show (ECS) in Nuremberg from 25 to 27 March 2025. As one of the largest and most influential events in the paints and coatings industry, ECS offers an exceptional platform to explore the latest innovations, exchange ideas, and build meaningful partnerships. Representing Gapuma at the event will be two of our highly experienced team members: Yegas Harilal – Business Development Manager South Africa Office and Raj Thakkar – Procurement Consultant, UK Head Office Both Yegas and Raj bring a wealth of industry expertise and insight, and they are eager to engage with fellow professionals, suppliers, and potential collaborators throughout the show. Why Meet Us at ECS? The European Coatings Show is renowned for showcasing cutting-edge solutions in pigments, additives, adhesives, raw materials, application technologies, and production processes. With sustainability and innovation at the forefront, the event provides the perfect setting for Gapuma to discuss emerging trends, explore new business opportunities, and share how we continue to go Above and Beyond in delivering value to our partners. We are incredibly excited to be part of this dynamic industry gathering and would love the opportunity to connect with you. Whether you are a current partner or interested in learning more about Gapuma’s global operations, we encourage you to meet Yegas and Raj in Nuremberg. Get in Touch If you are attending ECS and would like to arrange a meeting with Yegas or Raj, please visit our website. Here, you can reach out to them directly and coordinate a time to discuss how Gapuma can support your business needs. We look forward to seeing you at ECS 2025 – let’s shape the future of the coatings industry together!
United at Gapuma
27 March 2025 Gapuma Cote d’Ivoire has become the scene of a most unusual family reunion. Deepak Agnani, Dheeraj Khilnani, and Jay Ubhrani grew up apart in different states of India, separated by miles, careers, and the tides of life. Though bound by blood, they had never once stood together under the same sky. Each had carved their own path, never imagining that fate would bring them together — not in Mumbai, not in Delhi, but in Abidjan, Côte d’Ivoire. When Yanish Bhageerutty, Gapuma’s Business Development Manager, visited the Abidjan office, he was greeted by a sight he hadn’t expected: three cousins beaming with joy, working shoulder to shoulder on a landmark project — delivering Gapuma’s new premises in Côte d’Ivoire. With pride, they shared their story:“Separated in India, Gapuma reunited us!” What had once been scattered family ties were now intertwined by a shared purpose — building something bigger together. In the bustling West African market, their bond grew stronger with every brick laid, every challenge tackled, and every milestone reached. Prakash Daswani, Country Manager for Cote D’Ivoire says: “For the cousins, Gapuma became more than just a company — it became a bridge, turning distance into togetherness.” And as they work to create a new home for Gapuma, they are also building something far more precious: a lifelong connection, stronger than ever.
Latin America’s Commodities Sector in 2025: Opportunities & Challenges
26th February 2025 Latin America’s commodities markets are seeing rapid shifts in 2025, shaped by climate change, evolving trade relationships, and growing demand for key resources. These trends present both challenges and opportunities for global procurement firms assessing future investments. Agriculture & Food SupplyExtreme weather continues to disrupt agricultural output, with coffee and grain supplies under pressure. Drought conditions have driven up prices, while shifting global consumption patterns may reshape demand for staple exports like soya beans. Metals & Energy TransitionThe region remains central to the global supply of essential minerals, particularly copper, which is vital for renewable energy and electrification. Latin American nations are expanding production to meet rising international demand, creating new procurement opportunities. Geopolitical & Trade ShiftsTrade dynamics are evolving as major economies strengthen ties with Latin America. Strategic partnerships are reshaping supply chains, with governments and businesses seeking long-term, stable sources of key commodities. Economic Growth & Investment PotentialDespite global uncertainties, select Latin American markets are poised for strong economic growth in 2025, driven by exports and infrastructure development. For firms monitoring these trends, the region offers compelling prospects for future engagement. As global demand fluctuates and trade routes shift, forward-thinking procurement and logistics firms—such as Gapuma—are carefully evaluating these trends to identify the most promising opportunities for expansion.