Tradenews

Calf Aren’t Cheated Anymore, Cow Urine Fetches About $3/Litre [18 Feb 2009]  
Karanagiri, a village 280 kms away from Bangalore, the IT capital of India; people here raise cows to sell their urine and dung, but interestingly not milk. A litre of cow milk is half a dollar in Ind  ...More
Tags: cow urine     calf     bangalore    
Cambodian Garments Record 7 Percent Growth in Exports [18 Feb 2009]  
Garments, the backbone of Cambodian exports were able to register 7 percent growth in 2008 to $3.15bn from its previous year. Even in 2008, the US continued to be the largest market for Cambodian garm  ...More
Tags: garments     exports     garments industry    
Chile-Peru FTA to be Effective from March 1 [24 Feb 2009]  
The official gazette of Peru has published a decree that the Peru-Chile Free Trade Agreement (FTA) will come into full effect from Sunday, March 1 2009. The trade pact thus forms an elaborate replacem  ...More
Tags: peru     chile     commerce     asia market    
EC Praises Hungary’s Economic Policy yet Soft-pedals on Early Adoption of the Euro [25 Feb 2009]  
The European Commission’s President Jose Manuel Barroso commended the Prime Minister of Hungary, Ferenc Gyurcsany while he received him in Brussels, the headquarters of the EU for his government’s pol  ...More
Tags: european commission     economic crisis     hungary    
Chinese Begin to Fish in the US Housing Market [26 Feb 2009]  
Several Chinese travel companies are embarked on a new mission, taking their Chinese clients for home shopping in the US. Sliding prices of the houses in the US are attracting many cash-rich Chinese i  ...More
Tags: chinese     US     china     economic crisis    
The EU Prods Thailand to be Proactive on FTA [03 Mar 2009]  
European Commission Trade Director-General and Chief Negotiator, Philippe Meyer said in Bangkok at the sidelines of ASEAN Business Investment Summit that the EU was keen on inking a free trade deal wi  ...More
Tags: european commission     bangkok     Singapore    
South Korea`s President Lee Arrives in Australia – Climate Change, the Main Feature [04 Mar 2009]  
President of South Korea, Lee Myung-bak’s arrival to Australia has marked a new beginning in a ‘greenish’ collaboration with Australia, the world leader in carbon capture and sequestration. Lee began  ...More
Tags: south korea    new zealand    asia pacific union    
India to Augment Gold Mining to Counter Imports – Opportunities for Foreign Firms [05 Mar 2009]  
The Indian government has instructed Geological Survey of India (GSI) to ferret for gold and diamond reserves in all possible locations in India within a period of three years. GSI is a state-owned en  ...More
Tags: india     gold mining     importers    
Iran and Serbia Move towards FTA [09 Mar 2009]  
During a meeting with the Iranian delegation headed by Foreign Minister Manouchehr Mottaki, the Deputy Prime Minister of Serbia, Mladjan Dinkic stated that both countries had good and stable bilateral  ...More
Tags: economic     trade     serbian exports    
China Records Worst Export Slump– Recovery Bleak till Fourth Quarter [12 Mar 2009]  
Despite initiating various measures to boost exports, China has been pushed to the wall on the export front with no signs of recovery in the short term. China, the third largest economy and manufactur  ...More
Tags: export     china    
Argentina Joins the Visa-free Regime with Russia [13 Mar 2009]  
Argentina has become the sixth country from Latin America to remove visa requirements for Russian citizens to travel to their country. Argentine Foreign Minister Jorge Taiana signed the draft in the p  ...More
Tags: argentina     latin america     russia    
The US Truck Ban Receives Retribution from Mexico with Higher Tariffs on its Goods [17 Mar 2009]  
The Economy Secretary of Mexico Gerardo Ruiz Mateos stated they would impose higher tariffs on 90 items from the US in retaliation to the last week’s truck ban. The hike in tariffs and the list of goo  ...More
Tags: US     US Truck Ban     Economy Secretary of Mexico    
El Salvador, Costa Rica to Resume Ties with Cuba, the US Likely to Follow Suit [20 Mar 2009]  
Costa Rica and El Salvador have confirmed at separate occasions that they would re-establish bilateral ties with Cuba. Costa Rican President Oscar Arias claimed the world had changed from the past tod  ...More
Tags: obama     joe biden     chile     costa rica     US    
The UAE woos Canada to Boost Trade Ties [20 Mar 2009]  
Minister of Economy Sultan Bin Saeed Al Mansouri of the UAE and Canada’s Minister of International Trade, Stockwell Day held a meeting to discuss further strengthening of trade ties between both count  ...More
Tags: minister of economy     canadian minister    
World Water Forum Concludes without Committing Water as a Human Right [23 Mar 2009]  
A week long fifth World Water Forum (WWF) has ended even this time around without giving water the status of ‘basic human right’ to diplomatically avoid the implications of such a statement. Nonethele  ...More
Tags: world water forum     basic human right     wwf    
Universal Reserve Currency is Gaining Momentum – the US Tries to Nip it in the Bud [25 Mar 2009]  
The US President Barack Obama and his top two economic officials have rejected the Chinese proposal to have a relook at a single international currency as an alternative to the US dollar. Zhou Xiaochu  ...More
Tags: universal reserve currency     kazakh president    
TOBOC’s Newest Branch- Brazil [30 Mar 2009]  
TOBOC is excited to inform our members we have now opened another branch in Brazil- Rio De Janeiro, famous for one of the seven wonders of the world which is ‘Christ the Redeemer’ Statue apart from ou  ...More
Tags: Toboc     new branch     brazil    
Bilateral Trade Will be High on Agenda of Arab-Latin American Summit at Doha [30 Mar 2009]  
Qatar will play host to the second summit between the South American region and the Arab world. Heads of the states or representatives from 12 countries from the Latin American region and 22 countries  ...More
Tags: bilateral trade     trade     american summit    
Brazil Gov Releases Auction Dates for Electricity and Wind Power [01 Apr 2009]  
As part of the strategy to move away from the conventional energy dependence, Brazil will hold its first auction for wind-power projects on November 25 this year. According to sources, the first ever  ...More
Tags: brazil     wind power     electricity    
Venezuela and Iran Urge Countries to Supplant Free Trade with Fair Trade [03 Apr 2009]  
Venezuelan President Hugo Chávez and his Iranian counterpart, Mahmoud Ahmadinejad have urged countries to replace free trade agreements (FTA) with a ‘fair trade’ model which focused on country-specifi  ...More
Tags: venezuelan     iranian counterpart    
While Majority Sectors Flatten Out, Indian Pharma Exports to Maintain Growth [06 Apr 2009]  
Findings of a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) indicate a large majority of export industries of the country will be recording either negative or  ...More
Tags: india pharma     pharma     pharma exports    
Rudd Roles Out State-owned Mega Plan to Tweak Broadband Speed [07 Apr 2009]  
Rudd's center-left Labor Government has decided to boost the country’s Broadband services by 100 times faster through establishing a public-private partnership company, in which the government will ho  ...More
Tags: broadband     malcolm turnbull     broadband services    
N. Korean Satellite Launch May Deflect ASEAN Summit’s Real Purpose [09 Apr 2009]  
The second phase of the 14th ASEAN Summit and related summits which is scheduled to be held on 10-12 April in the Thai resort city of Pattaya is feared to be used as a platform for discussing the Nort  ...More
Tags: korean satellite     satellite     pattaya    
GCC to Ward off the Fears of Fiscal Deficit, if Current Oil Prices Stay Afloat [13 Apr 2009]  
According to the Middle East oil experts, the current crude prices in the realm of $50/barrel will help GCC to avoid a potential budget deficit as announced by the latest bulletin of the Emirates Indu  ...More
Tags: gcc     oil price     gulf    
Venezuela and Columbia Shrug off Their Differences to Renew Bilateral Ties [15 Apr 2009]  
The President of Venezuela, Hugo Chávez and his Columbian peer, Alvaro Uribe have signed five agreements during a brief one day visit by the latter to Caracas. The signed deals include Colombia provid  ...More
Tags: venezuela     columbian peer    
‘Made in India’ Steel Pipes Give Steam to ‘Buy American’ Slogan [16 Apr 2009]  
The home state of the US President Barack Obama became a stage for angry protests after a retired steel worker discovered ‘Made in India’ etched on stacked pipes in train carriers to the Granite City,  ...More
Tags: india     buy american     barack obama    
Kazakhstan Strengthens Ties with China – 10 New Deals Ratified [17 Apr 2009]  
The President of Kazakhstan, Nursultan Nazarbayev in his four-day visit to China had talks with the Chinese counterpart Hu Jintao, and witnessed the formalities of signing ten new pacts between both c  ...More
Tags: kazakhstan     nursultan nazarbayev     china    
Early Economic Revival of Asian Economies will Delay the Rest out of Crisis [20 Apr 2009]  
The much anticipated early recovery of the Middle East and many other Asian economies including China and India by the end of this year are likely to inundate these markets with overseas investments.  ...More
Tags: asian economies     economy news     china     india    
SMEs to Get a Fillip through New Model Contracts for Trade Deals [21 Apr 2009]  
International Trade Centre (ITC) specialists and trade law experts from 51 nations will converge at Geneva this week to give finishing touches to the model contracts for trade deals. The model contrac  ...More
Tags: sme     international trade centre     trade    
S. Korean Parliamentary Committee Approves the US-Korea FTA amid Opposition [24 Apr 2009]  
A South Korean Parliamentary Committee has ratified the FTA with the US in an effort to get it tabled in the parliament for the final vote. The draft will be sent to the plenary session of the parliam  ...More
Tags: korean parliament     foreign affairs    
Egypt Removes Additional Tariff – India Expects the Same from Turkey [24 Apr 2009]  
Mounting pressure from the Indian government has forced Egypt to call off the ‘precautionary fee’ of 25 percent of CIF value imposed in January this year on Indian cotton yarn, fabric and sugar. This  ...More
Tags: egypt     turkey     citi    
The EU Foreign Ministers Meet Will Decide the Extension of Myanmar Sanctions [27 Apr 2009]  
At a meeting at Luxembourg today, the foreign ministers of the EU will review whether the three year old sanctions imposed on Myanmar (Burma) to be extended or not. Though there are other key issues t  ...More
Tags: foreign ministers     myanmar    
Canada FTA with Iceland, Liechtenstein, Norway and Switzerland in Force as Planned [30 Apr 2009]  
The Canadian Minister of International Trade, Stockwell Day has declared the FTA with the members of the European Free Trade Association (EFTA) Iceland, Liechtenstein, Norway and Switzerland would com  ...More
Tags: canada     export     FTA    
Panamanians Give the Rightist Ricardo Martinelli a Thumping Majority [04 May 2009]  
Ricardo Martinelli, the president of the centre-right Democratic Change (CD) party has won the Panamanian presidential elections with a double-digit percentage margin over its nearest rival. His victo  ...More
Tags: panamanians     Ricardo Martinelli    
Falling Remittances and Returning Expats Heighten Economic Woes of Armenia [05 May 2009]  
Armenia, the second largest populous breakaway of the former Soviet Union is seriously confronted with lowered salary and job losses of their nationals working abroad after the economic crisis gripped  ...More
Tags: armenia     economy     diaspora    
Iran’s Non-Oil Exports Witness Threefold Increase to Latin American Markets [07 May 2009]  
Deputy Head of Iran’s Trade Promotion Organization Babak Afqahi stated that Iran’s non-oil exports had increased by threefold to the South American region in the last four years. He said government’s  ...More
Tags: iran     oil exports     american markets    
‘The Small Miracle’ Slogan to Push Sri Lanka’s Tourism Ambitions post-LTTE Era [11 May 2009]  
While the Sri Lankan defence forces are closing in on to stub out LTTE, the internationally banned terrorist organization, the country has already started sending economic feelers to several countries  ...More
Tags: Sri Lanka     electronic media    
Indo-Chilean FTA after Indian Elections [12 May 2009]  
At an Indo-Chilean business co-operation forum organized by Bengal National Chamber of Commerce & Industry (BNCCI) Ambassador of Chile to India Alfonso Silva Navarro said that both countries should pl  ...More
Tags: indo     indo-chilean     chile     india    
The US-SACU Trade Deal Hits Roadblock [13 May 2009]  
The Obama administration has categorically stated that they had no interest to move forward with the free trade negotiations with the five-member Southern African Custom Union (SACU) due to the failur  ...More
Tags: Obama administration     free trade    
GCC Rail Projects Provide Huge Opportunities for Rail and Related Global Businesses [14 May 2009]  
Apart from about 4000km long rail tracks criss-crossing the GCC states, there are several other railway projects in progress and coming up across Gulf region. France, China, the US, UK and India alrea  ...More
Tags: GCC     rail projects    
Blue-tongue Virus Scare Forces the UAE to Impose Restrictions [19 May 2009]  
The World Organisation for Animal Health’s (OIE) report on the resurfacing of the blue-tongue disease among animals in some countries of Europe has alerted the UAE to take preventive measures to conta  ...More
Tags: virus     UAE     animal health    
India and Pakistan to Export Wheat Following Bumper Harvest [19 May 2009]  
The high yield of wheat this season in India and Pakistan has prompted them to allow the grain to be exported from this month onwards. Both countries riding high on the bumper harvest will be exportin  ...More
Tags: India     Pakistan     wheat export    
Rising Sandalwood Demand in China Triggers Illegal Trade [20 May 2009]  
Lately, Malaysia and Indo-Nepal border have become illegal trade corridors for Indian sandalwood owing to increased demand from China. Director General of Malaysian Timber Industry Board, Dr Jalaluddi  ...More
Tags: sandalwood     China     trade    
Australia and New Zealand Criticize the US Subsidies to Dairy Exports [25 May 2009]  
The US move to re-introduce subsidies to 92,000 tons of dairy exports including milk powder, butter and cheese has been decried by both major dairy producing nations New Zealand and Australia. Prime M  ...More
Tags: Australia     New Zealand     agriculture    
The EU Likely to Provide Visa-free Travel for Macedonians [26 May 2009]  
According to the European Commission's (EC) assessment report, posted on the official website of the European Stability Initiative (ESI) stated Macedonia had been able to fulfil the required criteria  ...More
Tags: visa     free travel     Eurpoe    
India and ASEAN Iron out Differences - the FTA to be concluded in October [28 May 2009]  
According to the Indian government sources, the India-ASEAN FTA will be a reality in the forthcoming ASEAN Summit in October as all outstanding issues had been sorted out by both parties. Although Ind  ...More
Tags: India     Asia     trade news    
India to Become Cocoa Production Hub of the Region [01 Jun 2009]  
Rising demand from the recession proof India for chocolates is forcing leading manufacturers to look within the country for cocoa sourcing to avoid 30 percent import duty and rising transportation cos  ...More
Tags: India     cocoa     chocolate    
Iran Offers Solution for Japan to Overcome Economic Turbulence [05 Jun 2009]  
During the last week’s joint seminar by Iranian and Japanese chambers of commerce held in Tokyo, the chairman of Iran’s Chamber of Commerce, Industries, and Mines, Mohammad Nahavandian said that his c  ...More
Tags: Iran     Japan     Economic news    
Thailand Ropes in the UAE to Develop Mega Livestock Farms [05 Jun 2009]  
According to sources, Thailand has been able to attract the UAE to invest in its livestock farming industry to produce halal products out of sheep, goats and other livestock. Thailand is understood to  ...More
Tags: Thailand     UAE     Livestock    
Ethiopian Airlines Expanding its Fleet with Record Profits [05 Jun 2009]  
Ethiopian Airlines’ (EA) whopping profit of about $55.67mn for the first nine months of 2007-08 has enabled them to expand their fleet to accommodate more US tourists’ interest in visiting Ethiopia.  ...More
Tags: Ethiopian airlines     financial news    
Russia Proposes Grain Triangular Union with Ukraine and Kazakhstan [08 Jun 2009]  
At the recently concluded World Grain Forum, Russia showcased a model which is expected to help the grain producers of Russia, Ukraine and Kazakhstan to counter price volatility of the world grain mar  ...More
Tags: Russia     Ukraine     world grain forum    
Kenyan Women Farmers Find Solace in the Burgeoning UK Organic Market [10 Jun 2009]  
According to a recent report by the International Trade Centre (ITC), the export development agency of the WTO and the UN has stated the organic trade to the UK is helping a number of Kenyan farmers a  ...More
Tags: Kenyan women     organic market    
Recession Impacted the UK Defence Exports despite Claims of No. 2 in 2008 [15 Jun 2009]  
In spite of claims of second place in the world on defense equipment export for 2008 and a 17 percent share of the global market, Britain’s defense exports fell marginally over the last five years’ av  ...More
Tags: recession     UK defence exports    
Pakistani Exporters to be Further Choked with the New Tax Regime [15 Jun 2009]  
Pakistani exporters besides the political instability sparked off by several terror attacks across the country will have to survive another scare of a new bill which has been proposed to end the presu  ...More
Tags: Pakistani exporters     bill    
BRIC Plans to Fix Monetary System by altering USD Role [16 Jun 2009]  
The first BRIC (Brazil, Russia, India and China) Summit is underway in Russia which has been conducted parallel to the Shanghai Cooperation Organization (SCO) to address the issues of global financial  ...More
Tags: BRIC plans     monetary system    
IPTIC Moves its Global Headquarters to Dubai from Europe [19 Jun 2009]  
The latest release of Dubai Multi Commodities Centre (DMCC) stated that the International Pulses Trade and Industry Confederation (IPTIC) had decided to relocate its headquarters from Europe to Dubai.  ...More
Tags: Dubai     Europe     IPTIC    
Namibian Meet to Check Conflict/Blood Diamond Trade [24 Jun 2009]  
A three-day meet by the Kimberley Process member states is in progress since Tuesday to review and fix illegal trade practices involved in the diamond mining and trade globally. The Kimberley Process  ...More
Tags: Diamond Trade     Namibian meet    
World’s Largest Solar Project to Transform Energy Domain [25 Jun 2009]  
Guenter Gloser, deputy foreign minister of Germany in an interview to Reuters said the world’s largest solar project, the German-led consortium Desertec would create win-win environment for both Afric  ...More
Tags: Solar project     Germany    
Indo-US FTA will be a Reality if Agriculture is excluded [30 Jun 2009]  
FICCI president Harsh Pati Singhania while concluding his week-long trip to the US stated that instead of waiting for long, it was in the interest of both the countries to move forward with an Indo-US  ...More
Tags: Indo-US     fta     agriculture    
Korea Plans to Include Overseas Partners in its e-Trade [06 Jul 2009]  
South Korea is planning to popularize the domestic e-trade initiative called uTradeHub among international traders, and for which the government has already approached Libya, Uzbekistan, Mongolia and  ...More
Tags: South Korea     e-trade     e-commerce    
ISA Virus puts the Chilean Salmon Trade in Dire Straits [07 Jul 2009]  
The spread of infectious salmon anaemia (ISA) among salmonid farming population has pushed the Chilean fishing industry to a full-fledged crisis. The industry is confronted with problems including une  ...More
Tags: ISA Virus     trade     Chile    
Fake Items are on the Rise in the EU – Seizures Double [13 Jul 2009]  
The European Commission in its latest report stated the customs seizures of fake goods have grown by about 125 percent in 2008 from the previous year. It said China maintained its position as the majo  ...More
Tags: European commission     Cigarettes     NAFDAC    
Geithner Trip to Guarantee Investment Safety to the Mid-East [13 Jul 2009]  
The US Treasury Secretary Timothy Geithner in his two-day visit to the Middle East is likely to make serious effort to allay his country’s largest investor region’s fears over the US dollar’s volatili  ...More
Tags: investment     economic news    
Benin will be a Rice Exporting Nation under the FAO Guidance [16 Jul 2009]  
According to the United Nations Food and Agriculture Organization’s (FAO) press release, Benin has the potential to become self-sufficient rice exporting nation in the coming years owing to its produc  ...More
Tags: Benin     FAO     WARDA    
Latin American Economies Have to Wait Despite Green Shoots [17 Jul 2009]  
The UN Economic Commission on Latin America and the Caribbean (ECLAC) in its latest economic forecast stated that though the economies were showing signs of recovery but the desirable growth of above  ...More
Tags: Latin America     ECLAC    
The EU Agency Rejects Hype on Health Claims of Food Products [21 Jul 2009]  
The EU’s food safety agency EFSA has rejected the claims of about 65 food products of their unproven health benefits through its scientific investigation. The EFSA’s (European Food Safety Authority) f  ...More
Tags: EU Agency     food products    
Venezuela, a One-time Coffee Exporter Turns Importer [23 Jul 2009]  
Venezuela’s dismal harvest in 2008-09 has placed one of the coffee-dependent nations in terms of production and consumption to look out for supplies from outside for the first time after independence.  ...More
Tags: Venezuela     Coffee Export    
China Set to Become the Largest Exporter [24 Jul 2009]  
The WTO chief economist Patrick Low stated the European economy’s poor performance would make Germany lose its largest exporter tag to China soon. He made such a remark while he was speaking at a two-  ...More
Tags: China     China export     WTO    
Slowdown and Piracy Sink Suez Canal Revenues [27 Jul 2009]  
Suez Canal, Egypt’s major foreign currency earner and world's busiest international trade routes has slashed its revenue by 7.2 percent owing to decline in traffic triggered by global economic crisis  ...More
Tags: Suez canal     Egypt     foreign currency    
ASEAN-China FTA May Hit the Indonesian Roadblock [28 Jul 2009]  
Indonesian Textile Association (API) warned that the China-ASEAN FTA in the present form would not be accepted, and appealed not to overlook industry needs. Deputy Chairman of API, Ade Sudrajat said d  ...More
Tags: ASEAN     China     FTA     SNI    
India Pitted Against with China in Ban Game [29 Jul 2009]  
China has warned India that it would also clamp restrictions on Indian food products including seafood and sesame oil if India did not remove ban on its dairy products. China reacted following India b  ...More
Tags: India     China     game    
India and Nigeria to Streamline Pharma Exports [03 Aug 2009]  
India is expected to sign pharma deals with Nigeria, the country’s largest trading partner from Africa to reclaim and boost the pharmaceutical exports after fake ‘Made in India’ drugs originating fro  ...More
Tags: India     Nigeria     Pharma Exports    
Bolivia Begins Estimation on Its Lithium Reserves [05 Aug 2009]  
According to sources, the State-owned Corporacion Minera de Bolivia has begun work on determining the amount of lithium that lies beneath Salar de Uyuni - the largest salt flat in the world, and one t  ...More
Tags: Minera de Bolivia     lithium    
Spain Continues to Be Haunted by Bankruptcy Bogey [06 Aug 2009]  
The Spanish companies and individuals filing bankruptcy or insolvency suits in the first two quarters of 2009 had already overtaken the total number of declarations of the previous year, reported the  ...More
Tags: Spain     bankruptcy     economic crisis    
Sandstorms Shrink UAE’s Solar Power Generation [10 Aug 2009]  
The solar power production at the first and largest solar power plant of the UAE and the Middle East and North Africa (MENA) region has been hit badly due to last week’s extreme sandstorm conditions.  ...More
Tags: UAE     solar power     PV     MENA    
e-Modernization of Palestinian Customs to Boost Trade [11 Aug 2009]  
Palestinian Customs in partnership with the United Nations Conference on Trade and Development (UNCTAD) had fully adopted the latest version of ASYCUDA’s web-based application to expedite the internat  ...More
Tags: UNCTAD     ASYCUDA     EC    
Iranian Exports to Ecuador Soar [12 Aug 2009]  
According to the Trade Promotion Organization (TPO) of Iran, the country’s non-oil exports to Ecuador have witnessed remarkable growth during the past four years; from less than $1mn in 2005 they have  ...More
Tags: Iran     TPO     non-oil exports    
Jamaican Businesses Pulled Up by Rising Bad Debts [17 Aug 2009]  
Jamaica’s poor payment culture is causing severe problems to all businesses, reported Jamaica Observer newspaper. The daily itself has fallen to the crisis with about 40 percent of its revenues overdu  ...More
Tags: Jamaica     JPS     LIME    
Peru to be the World Leader of Coca Production in Two Years [18 Aug 2009]  
The significant increase in acreage of coca cultivation and production of Peru will likely usurp Columbia from its throne as the largest coca producer in the world by 2011. In recent times, Colombia h  ...More
Tags: Peru     coca     coca leaf     Columbia    
Malaysia-EU Timber Trade Deal by Year End [19 Aug 2009]  
The European Union (EU) and Malaysia are planning to conclude the bilateral Voluntary Partnership Agreement (VPA) to promote trade of the legitimately produced and harvested Malaysian timber by end of  ...More
Tags: Malaysia     Europe     EU     EC     VPA     FLEGT    
Serbia Cements Ties with China - Tadic Concludes Tour [24 Aug 2009]  
Serbian President Boris Tadic’s trip to China which began on last Wednesday has culminated in the signing of a strategic partnership deal between both countries. During his visit he discussed politica  ...More
Tags: Serbia     China     CCPIT     economy     SEE    
New Mexico Gov Calls the Trade Mission to Cuba Productive [26 Aug 2009]  
New Mexico Governor Bill Richardson after meeting up with the top political and trade representatives of Cuba to promote agri-business has stated the exchanges among them were ‘very positive’. Richard  ...More
Tags: New Mexico     Cuba     agriculture    
Indian Commerce Ministry Releases New Foreign Trade Policy [27 Aug 2009]  
India’s new Foreign Trade Policy (FTP) which released today has provided incentives to labour-intensive sectors such as textiles, handicrafts, leather and gems and jewellery. The policymakers had to s  ...More
Tags: India     trade     FTP     America    
Free Fall in Shipping Rates to Devastate Industry [01 Sep 2009]  
A Bloomberg survey by six analysts and fund managers predicts that the rate for leasing capesize vessels will reach as low as $18,000 from its current price of $37,865 per day. It should be recalled t  ...More
Tags: Bloomberg     Netherlands     BDI    
New Banking Software to Make Life Easy for SMEs Worldwide [03 Sep 2009]  
In a recent press release by the International Trade Centre (ITC), the export development agency of the WTO and the UN, has informed that it had launched a software to assess the credit worthiness of  ...More
Tags: bank     SME     ITC     UNOG     finance    
Japanese Morning Banana Diet Lifts Filipino Exports [08 Sep 2009]  
A sudden rise in banana consumption in Japan owing to the Morning Banana Diet (MBD) designed by Hitoshi Watanabe and wife Sumiko to lose weight in last September has significantly helped the Philippin  ...More
Tags: Japan     exports     PBGEA     JPEPA     MBD    
New Zealand Redundancy Protection Bill to Worry Businesses [09 Sep 2009]  
The Redundancy Protection Bill (RPB), the brainchild of the Labour MP Darien Fenton is likely to cause severe damage to several businesses, particularly SMEs while protecting the hapless workers who a  ...More
Tags: New Zealand     RPB     recession    
Japan to Open Doors for Food Products from Ukraine [11 Sep 2009]  
The representatives of the Ukrainian Ministry of Agriculture have claimed that the recent meeting with a delegation from Japan had almost struck a deal to engage more through agricultural trade betwee  ...More
Tags: Japan     Ukraine     Japanese Embassy    
Bangladeshi SMEs Want Regulatory Barriers Disposed [15 Sep 2009]  
In a recent conference organized by the SME Foundation of Bangladesh has inferred that the country needed an SME-friendly environment without regulatory barriers to take the sector to the next level o  ...More
Tags: Bangladesh     SME     MIDAS    
Poor Agri-Infrastructure Fail Nigerian Fruit Exports [16 Sep 2009]  
Lack of sustainable infrastructure to support farm products in Nigeria has caused inadequate supply of fruits in the market during the month of Ramadan despite having large farmlands. Nigerian fruit t  ...More
Tags: Nigeria     Fruit Exports     FAO    
Australian SMEs Optimistic – Jobs by Next Quarter [17 Sep 2009]  
A survey indicated Australian small businesses are confident after two strong quarters of business to reach a record high above the peak confidence level of August 2007. The recent survey by Sensis Bu  ...More
Tags: Australia     SME     job    
Ethiopia to be the Cynosure of African Trade [18 Sep 2009]  
The multi-million dollar Africa International Trade Centre which is coming up at Ethiopia's capital, Addis Ababa is expected to transform the country to be the trade hub of the African continent. The  ...More
Tags: Ethiopia     Africa     AEC     EU     AACCSA     AU    
EU Allays Fears of Italian Auto Industry over S-Korean FTA [22 Sep 2009]  
The EU trade commissioner informed Italian industry representatives that the Italian economy would stand to gain from the FTA with South Korea - which is expected to come into effect from July 2010. T  ...More
Tags: EU     FTA     South Korea     Italy    
Arab Banking Conference to Focus on Reforms and Investments [24 Sep 2009]  
The two-day Annual Arab Banking Conference to be held in Beirut, Lebanon between November 19 and 20 would lay emphasis on pan-Arab investments in the new global economic order post-meltdown, the Union  ...More
Tags: Arab     UAB     economy     G20 committe    
Egyptian Lulav Prices Bring Israel and Gaza Closer [01 Oct 2009]  
The tripling of lulav prices by the Egyptian suppliers during the festive season of Sukkot has forced Israel to allow Gazan exporters to supply lulavim (palm fronds) to fulfil its seasonal demand. Suk  ...More
Tags: Egypt     Israel     Gazan     Jerusalem    
Bangladesh Goes India and China way on Rice-husk Power [05 Oct 2009]  
A large rice-husk power generation plant coming up at the north-western Thakurgaon district of Bangladesh will generate 400 KWh of electricity mainly for small and medium sized rice mills. The project  ...More
Tags: Bangladesh     India     China     IDCOL     SEAL    
Aus Vegetable Farmers bogged down by Imports and Input Costs [06 Oct 2009]  
According to AUSVEG, the peak industry body that represents the Australian vegetable growers, the vegetable industry is troubled by imports and rising input costs. AUSVEG CEO Richard Mulcahy referred  ...More
Tags: Vegetable     AUSVEG     Australia     ABARE     HAL    
Biomass Power Plants Feared to Create Deserts [08 Oct 2009]  
Hundreds of biomass power plants, those operational and under construction, are exponentially increasing the demand for wood, and are likely to trigger industrialized plantation of trees. A sudden inc  ...More
Tags: Biomass Power Plant     Latin America     natural gas    
Right Time to Invest in India – US Prompts Its Businesses [12 Oct 2009]  
An export promotion agency of the US government has apprised the US companies to cash in on the business opportunities provided by India particularly in the field of civil nuclear energy, estimated at  ...More
Tags: India     Invest in India     US     business    
UN Says Surge in World Trade Failed Workers of Poor Nations [13 Oct 2009]  
A joint study by the United Nations agencies has stated in its report that the two decade of stupendous global trade growth did not make any meaningful contribution in improving the working conditions  ...More
Tags: UN    World Trade    ILO    WTO    Latin America    GDP    
Suriname Hopes to Woo Investors at Caribbean Maritime Meet [14 Oct 2009]  
The 39th General Annual Meeting of the Caribbean Shipping Association (CSA) in Paramaribo, Suriname has well become a platform to attract more business opportunities and improve the rating of the Suri  ...More
Tags: Caribbean    CSA    CARIFORUM    EPQ    CARICOM    
Sustainable Seafood Labelling to Provide Details on Origin [16 Oct 2009]  
The recently passed bill by the state of California on Sustainable Seafood Labelling (SSL) will provide consumers an opportunity to identify where the seafood is sourced and how it is produced. Under  ...More
Tags: SSL    MBA    PCFFA    Seafood    FAO    
Trade is Top Priority to Pakistan Now [20 Oct 2009]  
Reeling under the bogey of growing militancy and terrorism, Pakistan is making a fresh effort to engage with countries which are interested to do business with them. The recent engagements with Cuba,  ...More
Tags: FTA    LOTTE    EU    Trade    Pakistan    KEPCO    
EU Releases Funds to ASEAN in a Bid to Fight Piracy [22 Oct 2009]  
The European Commission (EC), the executive branch of the EU has provided $6.7mn to the Association of South-East Asian Nations (ASEAN) to combat the threat of intellectual property (IP) violations in  ...More
Tags: EU    ASEAN    EC    election    IP    FTA    India    China    
Honduran Economy Checkmated by Political Impasse [26 Oct 2009]  
Since showing steady growth at 7 percent in the past few years, one of the most successful growths in the Latin America, Honduras is divided today between ousted President Manuel Zelaya and the interi  ...More
Tags: Honduran    Economy    politics    Latin America    
Plans of Asia-Pacific Integration through Single Currency [27 Oct 2009]  
Asian leaders have once again brought up the idea of common currency at the 4th East Asia Summit (EAS) which opened on Sunday, where ASEAN members along with others including China, Japan, South Korea  ...More
Tags: Asia-Pacific    EAS    China    Japan    South Korea    India    
India Plans to Boost Its Industry through New Defence Policy [28 Oct 2009]  
In an apparent attempt to engage domestic players into its main stream of defence production, India has released the new Defence Procurement Procedures (DPP) that would enable the Indian firms to make  ...More
Tags: India    Defence    DPP    JV    RfP    MOD    
Bahrain MPs Plump for Snapping Ties with Israel [29 Oct 2009]  
Despite strong opposition from the government, the Bahraini lawmakers have passed a bill to totally disconnect with Israel which includes travel and trade. The bill needs clearance by the consultative  ...More
Tags: Bahrain    Israel    FTA    US    AFP    
Collective Effort Needed to Stop Illegal Ivory Trade [02 Nov 2009]  
It is evident now that the two decades of a law to ban poaching of elephants has done very little to stop illegal trade of ivory which is going on unabated particularly in Africa, and many other parts  ...More
Tags: CITES    IFAW    IFWW    UN    UK    Qatar    
EU Cuts Canadian Seafood Tariff – No Verdict on Seal Ban Yet [03 Nov 2009]  
The European Union (EU) has indicated there would be some modification to the current tariff structure to ease the pressure off the already vexed Canadian seafood producers. The significant change to  ...More
Tags: EU    Canada    Seafood    ATRQ    
New Shipping Invention to Empower Fruit Exporters [04 Nov 2009]  
Fruits can now reach farther markets as a leading shipping company has introduced StarCare, a new generation of Controlled Atmosphere (CA) containers which would preserve the fruits from ripening and  ...More
Tags: CA    fruit exporter    food market    StarCare    
EU Won’t Seek Regime Change in Cuba but Compliance to Rights [05 Nov 2009]  
A visiting EU official said after meeting with the Cuban President Raul Castro that the EU was not looking at a regime change in the communist Cuba, but expected progress on human rights for both side  ...More
Tags: EU    Cuba    Spanish    Raul Castro    Gucht    
Israeli Prez Peres Must Carry Palestinian Answers to Brazil [09 Nov 2009]  
Israeli President Shimon Peres should have answers to the Palestinian issues during his Latin American sojourn if he aspires to strengthen ties with them, particularly, in light of growing opposition  ...More
Tags: Brazil    Latin America    Israel    Europe    North America    
Karzai Seeks Islamic Trade Ties to End Afghan Crisis [10 Nov 2009]  
The Afghan President Hamid Karzai while speaking at the 25th anniversary of the Committee for Economic and Commercial Cooperation (COMCEC) summit, appealed to the attendees that his country was lookin  ...More
Tags: Islamic Trade    Afghan    OIC    COMCEC    NATO    Turkey    
Malaysia and China Prepare Road Map for Future Growth [11 Nov 2009]  
The Chinese President Hu Jintao arrived on Tuesday in Malaysia to commemorate the 35th anniversary of diplomatic ties between both countries, and met Prime Minister of Malaysia, Datuk Seri Najib Tun A  ...More
Tags: Malaysia    China    WCEF    economy    
UID and RTE of India to be the Largest Eco-friendly Projects [12 Nov 2009]  
India would be spending in excess of $100bn on its two ambitious projects, Unique Identification cards (UID cards) and Right to Education (RTE) program in the next five years. The country’s UID projec  ...More
Tags: UID    RTE    eco friendly    UID cards    
US Exports to North Korea Impacted by Trade Embargo [17 Nov 2009]  
The vexed US-North Korea ties have adversely affected the US exports to Korea by almost nothing in comparison to previous year. In response to a second nuclear test on May 25 this year by North Korea,  ...More
Tags: US Export    North Korea    trade    Pyongyang    South Korean    
UN Urges Online Haves to Chip in to the World Food Basket [18 Nov 2009]  
The UN is pinning hopes on its “A Billion for a Billion” campaign, which appeals internet users to donate $1.50 or €1 a week to combat global  ...More
Tags: UN    world food basket    internet    WFP    FDI    
Survey Finds No Country is Immune to Economic Crimes [20 Nov 2009]  
PricewaterhouseCoopers' (PwC) bi-annual Global Economic Crime Survey which gives exhaustive data on the business frauds found that no country was immune to corporate frauds. The findings of the survey  ...More
Tags: survey    PwC    economy    China    Japan    
India Awaits Major Surge in Investments from the GCC [23 Nov 2009]  
The Indian Ambassador to Qatar, Deepa Gopalan Wadhwa told the 12th Industrialists’ Conference, organised by the Gulf Organisation for Industrial Consulting that her country was expecting a surge in in  ...More
Tags: India    investment    GCC    Qatar    FDI    
Canada Aims to Feed the Growing Seafood Appetite of Asia [24 Nov 2009]  
The Canadian fish industry is agog over capturing the new emerging markets of Asia through aggressive promotion programs in spite of competition from ASEAN fishing industry. The Canadian fishing indus  ...More
Tags: Canada    Seafood    Asia    fish industry    China    ASEAN    
Bulgarian Hoteliers to Start Own Bank to Tame Credit Crisis [25 Nov 2009]  
The Bulgarian hotel owners are all geared up to start their own banking initiative to overcome the high interest rates as rentals and revenues are receding owing to the ongoing economic downturn and o  ...More
Tags: Bulgaria    economy    crisis    H1N1    
China Advises to Maintain Quality Instead of Blindly Pursuing Profit [26 Nov 2009]  
As to stimulate its frail brand value, one of China’s business heads said that while entering the ASEAN market, the Chinese enterprises should abide by local industry regulations and establish sound r  ...More
Tags: China    CABC    CAFTA    ASEAN    FTA    Business Council    
UAE Ruler Backs Dubai Govt – Claims Economy is Fine [01 Dec 2009]  
The UAE President Sheikh Khalifa bin Zayed Al Nahyan on the eve of 38th National Day said that the country's economy was ‘fine’, and supported the efforts by Dubai ruler Sheikh Mohammed bin Rashid Al  ...More
Tags: UAE    economy    Dubai    Qatar    Abu Dhabi    
Developing Nations barring China Joint Hands to Cut Tariff [03 Dec 2009]  
The trade representatives from 22 nations of developing and emerging economies at the sidelines of the three-day WTO ministerial meet have signed an accord to reduce industrial tariffs. According to t  ...More
Tags: China    WTO    MERCOSUR    India    Mexico    Morocco    GDP    
EAC Exports to be taxed by EU Due to Delay in EPA [07 Dec 2009]  
The European Union has informed the East African Community (EAC) that the failure or delay in signing the Economic Partnership Agreement (EPA) would lead to taxes on the exports of the EAC-member stat  ...More
Tags: EAC    EPA    Kenya    EU    EU-ACP    ACP    
Growth of Cheap Fakes Continue to Hurt Cell Phone Majors [08 Dec 2009]  
Gartner, a market research firm has stated in its recent report that knock-offs or cheap imitations of branded mobile phones would double their growth by this year to eat away more than 10 percent of  ...More
Tags: Cell Phone    Mobile    GSM    CDMA    SIM    IMEI    
Russia to Lead Gas Exporters – Reinforces its Position [10 Dec 2009]  
Leonid Bokhanovsky, a board member and the first vice president of the leading engineering-construction company Stroitransgaz of Russia has been chosen as the General Secretary of the Gas Exporting Co  ...More
Tags: Russia    GECF    gas exports    Iran    India    
Scotch Whisky Exports Keep the Spirits Up [11 Dec 2009]  
According to the Scotch Whisky Association (SWA) the exports of Scotch whisky reached the positive mark by the end of September despite a poor performance in the first quarter. The association is conf  ...More
Tags: Scotch    whisky    SWA    Scotch Whisky Association    France    
Australia Outperformed Rest of Advanced Nations [14 Dec 2009]  
The Australian Treasurer Wayne Swan claimed that his country continued to outperform most other nations even as the impact of the global economic crisis eroded almost all economies. He made this state  ...More
Tags: Australia    economy    ABS    RBA    Reserve Bank    
EU Phyto Sanitary Recognition to Boost Mexican Exports [15 Dec 2009]  
The EU has recognized Mexico’s SENASICA as a regulatory authority of Sanitary and Phytosanitary Measures (SPS). The SENASICA or the National Service for Animal Health, Food Safety, and Agricultural an  ...More
Tags: Eu    Mexico    SENASICA    SPS    PROTLCUEM    FTA    
Iran Sends Team to Scout for More Business in Iraq [16 Dec 2009]  
A trade delegation from Iran headed by the director of the provincial trade organization in Tehran Seyyed Ali Mousavi has arrived in Baghdad to improve trade ties with its Iraqi counterparts. This is  ...More
Tags: Iran    Iraq    business    trade    non oil exports    
Argentina Sees Remarks by US Envoy as Political Posturing [18 Dec 2009]  
The US Secretary of State for Western Hemisphere Affairs Arturo Valenzuela’s recent visit to Argentina did not pan out as expected after he quoted the US businessmen had raised investment doubts over  ...More
Tags: Argentina    US    Chile    terrorism    drug trafficking    
USDA Releases Details on Funds for Emerging Markets Program [21 Dec 2009]  
The US Department of Agriculture (USDA) has announced that 91 agricultural trade promotion projects had been allocated $8.2m for the fiscal 2009 to promote overseas market access for the US food and a  ...More
Tags: US    USDA    EMP    agricultural products    Africa    TIRF    
GCC to Perk Up on Low Realty Cost [22 Dec 2009]  
In a recent report by AT Kearney, a leading global management consulting firm stated Dubai's capacity to "rebound fast should not be underestimated, with low real estate prices at offer now”. It furth  ...More
Tags: GCC    Dubai    Economy    China    India    UAE    Dubai    
Fading Memories of Vendetta and Resolve to Coexist Transform Rwanda [22 Dec 2009]  
Rwanda has become a model to many countries of endless conflicts to perceive the significance of reconciliation and co-existence. The former US President, Bill Clinton’s proposal does not become rhet  ...More
Tags: US    HIV    AIDS    Rwanda    Sweden    Finland    
Blizzard Saves the Season for E-tailers in US [24 Dec 2009]  
The snow storm that crippled the US during the final shopping weekend on December 19 and 20 became a blessing in disguise for e-commerce businesses as the total online sales recorded 13 percent growth  ...More
Tags: e-commerce    businesse    Amazon    Walmart    Apple.com    
Philippines Will Adopt Aus Halal Model to Boost Meat Exports [02 Jan 2010]  
The Philippines will be aiming for a larger share of the global halal market worth $150bn by adopting the Australian standards on halal products. The government and the industry have taken such a deci  ...More
Tags: Philippines    ISO    NMIS    Export    Australia    
Somali Piracy Ransoms Alleged on Kenyan Realty Boom [04 Jan 2010]  
A sudden surge in property prices in Nairobi, the Kenyan capital, has invited the wrath of general public alleging the piracy booty from Somalia is meddling with the realty market to make them beyond  ...More
Tags: Somali    Nairobi    Associated Press    property    Kenya    
Economists Differ on US Economic Recovery [05 Jan 2010]  
Nobel laureates Paul Krugman and Joseph Stiglitz along with economics professor Martin Feldstein of Harvard University sounded the alarm at the annual meeting of the American Economic Association in A  ...More
Tags: economy    economic recovery    Boston    US    Europe    
S-Korea Plans 2nd Capital City with Incentives to Investors [05 Jan 2010]  
The changed plans for Sejong city, located about 130kms south of Seoul, from administrative township to a science-business one will take off after a nod from the parliament with incentives for all est  ...More
Tags: S-Korea    PMO    FEZ     free economic zone    Sejong    
US Farm Bureau Laments Trade Deal Delays Ahead of Annual Meet [08 Jan 2010]  
An official of the American Farm Bureau Federation (AFBF), the largest farm organization in the US said delays by Obama administration to strike trade deals with potential countries and blocs were cau  ...More
Tags: US    AFBF    Barack Obama    trade    FTA    agriculture    ASEAN    
NZ Islamic Fed Questions Indonesian Halal Credentials [11 Jan 2010]  
The Federation of Islamic Associations of New Zealand (FIANZ) has objected to the Indonesian Council of Ulema (MUI)’s move to make mandatory obtaining halal from the councils own certification before  ...More
Tags: NZ    Indonesia    FIANZ    New Zealand    MUI    Malaysia    
Myanmar Will Bring China and India Closer by Reopening Old Route [13 Jan 2010]  
According to sources, Myanmar has agreed to honour a long standing need of the region by re-opening the Stilwell Road to facilitate trade among China, India and Myanmar. At the recently concluded 5th  ...More
Tags: Myanmar    China    India    fruit    grain    vegetable    textile    
Business Connivance Virus – In 90s Tobacco and Now H1N1 [19 Jan 2010]  
According to a study, what the world is hearing from the H1N1 space about the false pandemic alarm and the WHO staff’s collusion with pharma powerhouse are just what happened in the 1990’s at the behe  ...More
Tags: Business    Tobacco    H1N1    EPC    GSK    RT    
Chavez Devaluation Missile Ravages French Retail Chain [19 Jan 2010]  
Exito, a joint French-Colombian supermarket chain, has fallen prey to this month’s Venezuelan currency devaluation policy, which warned action against any firm that involved in speculative price hikes  ...More
Tags: French    commerce    business    economy    
What to Eat - Farmed or Wild Salmon - Debate Rages on [20 Jan 2010]  
It is a well known fact that salmon is the most sought after fish for its delicacy status and health benefits. Consequently, salmon is also the most farm-raised fish with its high demand and lucrative  ...More
Tags: CNN    PCB    EWG    NFI    BCSFA    business    
China Acts by welcoming More Indian Goods [21 Jan 2010]  
The Chinese Premier Wen Jiabao gave assurance to the visiting Indian Commerce and Industry Minister Anand Sharma that his country would do everything to iron out trade imbalances with India. New Delhi  ...More
Tags: China    Indian goods    China export    India    
EU Aims to Tide over WTO Ceiling on Sugar Exports [22 Jan 2010]  
In the wake of repeated requests from International Confederation of European Beet Growers (CIBE) and other sugar agencies of Europe to export surplus sugar, the EU as a ‘matter of urgency’ is plannin  ...More
Tags: EU    WTO    sugar exports    CIBE    Europe    India    Brazil    
Online Exporter Guide from ITC to Mainly Aid Africa [23 Jan 2010]  
The International Trade Centre (ITC) has launched a comprehensive, interactive trilingual online version of its Cotton Exporter’s Guide as an outreach to improve the skills and abilities of developing  ...More
Tags: online exporter    cotton exporter’s guide    ITC    UNCTAD    
Latin American Countries to Begin Single Currency Talks [25 Jan 2010]  
The trade ministers of an alliance of Latin American Countries (ALBA) will meet today to discuss the operational launch of a regional electronic currency. In last April, Venezuelan President Hugo Chav  ...More
Tags: Latin America    single currency    ALBA    US    
New Zealand Basks in the Success of Avatar [27 Jan 2010]  
Avatar, the most expensive and the largest grosser movie ever made has given a big boost to the New Zealand (NZ) film industry and the economy as a whole. The 3D mega visual has delivered USD$218mn to  ...More
Tags: New Zealand    NZ    economy    SPADA    LBSPG    WD    Avatar    
FIFA and SA Allay Fears over World Cup Security [28 Jan 2010]  
The president of South Africa (SA) Jacob Zuma and the FIFA's secretary general Jérôme Valcke at separate occasions informed there was no security threat to the forthcoming football (soccer) World Cup  ...More
Tags: FIFA    SA    South Africa    World Cup    WEF    Germany    
China to Tax E-tailers as an Act of Internet Regulation [02 Feb 2010]  
China’s Administration for Industry and Commerce will soon keep tabs on its online businesses to check fraud and generate revenue through one of the country’s fastest growing industries. A new proposa  ...More
Tags: China    internet    commerce    business    Beijing    
El Nino Impact - Rice Prices to Skyrocket [03 Feb 2010]  
Based on the last month’s report on El Nino by the US Climate Prediction Center, the global rice production as well as other food products will be drastically impacted by the ongoing climatic phenomen  ...More
Tags: rice    rice production    rice market    Brazil    
N-Korean Redenomination Boomerangs – Economy Collapses [04 Feb 2010]  
Several reports suggest the fizzled out redenomination or currency swap enacted by North Korea to contain inflation has literally brought the country to its knees. Last November’s decree which gave ci  ...More
Tags: North Korea    economy    currency    nuclear    
Japanese to Taste Pakistani Mangoes this Season [05 Feb 2010]  
An official from the Pakistani Embassy in Tokyo has informed that Japan would likely remove the two decade old ban on country’s mangoes as they had been able to fulfill the required standards for impo  ...More
Tags: Japan    Pakistan    VHT    JETRO    
Russia to be Less Reliant on Food Imports [08 Feb 2010]  
According to RIA Novosti, the President of Russia, Dmitry Medvedev has approved a plan to boost domestic food production and reduce the country's dependence on imports. Russia plans to enhance its foo  ...More
Tags: Russia    food imports    grain export    India    China    
UK Staple Food Shifts to French, Indian and Mexican Ones [09 Feb 2010]  
The British bread that donned the role of ubiquitous easy-carry meal to an industrialized world is giving way to a variety of food items like the French croissants, the Indian Chapattis and the Mexica  ...More
Tags: UK    food    India    Mexico    New York    
US-Mexico Truck Dispute Enters Hope Highway [10 Feb 2010]  
A meeting between two top government representatives from the US and Mexico suggests the Obama administration’s revocation of the pilot program will be lifted soon to end the one year old trade spat.  ...More
Tags: US    Mexico    economy    NAFTA    agriculture    
Nigeria Offers Free Land and Tax Holiday to Indian Investors [11 Feb 2010]  
The Governor of Borno state of Nigeria Ali Mudu Sheriff while attending the 3rd Nigeria - India Business & Investment Forum (NIBIF 2010) announced that his state would be providing free land and tax r  ...More
Tags: Nigeria    India    NIPC    economy    GCMMF    milk powder    
Irish Visa Rules Restrict Potential Tourists [15 Feb 2010]  
The head of the representative body for private bus operators in Ireland has said that the country’s stringent visa requirements from certain countries were not allowing more job creation and perk up  ...More
Tags: Irish    tourism    CTTC    EU    UK    US    
Malaysia to Hire Foreigners for Custom-made Garment Industry [16 Feb 2010]  
The rising demand for custom-made garments and lack of skilled domestic tailors are hampering the growth or even the existence of many tailoring shops in Malaysia. An industry head apprised The Star t  ...More
Tags: Malaysia    garment    MIBA    India    business    
GCC Becomes the Largest Food Importer [17 Feb 2010]  
According to the World Trade Organisation (WTO), the GCC is the biggest importer of food in the world by buying more than 90 percent of its total needs. The GCC’s very high reliance on external food s  ...More
Tags: GCC    WTO    food importer    BMI    UAE    
New Nature-friendly Plastics to Revolutionize Global Industry [23 Feb 2010]  
A versatile bio-degradable plastic being developed by a group of scientists at the Imperial College London is all set to transform the packaging industry as well as the healthcare. According to the r  ...More
Tags: plastics    industry    EPSRC    food    agriculture    
Migrant Workers Fuel e-Wallet Growth in the Gulf [24 Feb 2010]  
The current mobile phone finance players and aspiring entrants are vying among one another to extract a higher share of the future market of mobile payments, the latest mode of payment among migrant w  ...More
Tags: fuel    Gulf    VAS    business    Sweden    
Kenya Takes Over Sri Lanka as Largest Tea Exporter [25 Feb 2010]  
In the latest data provided by the Tea Board of Kenya indicate that the country has usurped the throne of Sri Lanka for the first time as the biggest tea exporter in the world. While Kenya exported 34  ...More
Tags: Kenya    Sri Lanka    tea export    UAE    
Vietnam Dismisses Taiwanese Charges on Chinese Goods [26 Feb 2010]  
A Vietnamese trade representative to Taipei rebutted the allegations of dried day lily from China being routed through his country to bypass Taiwanese restrictions on Chinese agricultural products. Hi  ...More
Tags: Vietnam    DPP    VECO    Taiwan    agriculture    
Greece Needs Pragmatism not Post mortem [01 Mar 2010]  
Greece, the EU member state, which is experiencing a severe economic crisis, has literally become a thorn in the flesh to the Union. Initial analysis on the ongoing crisis indicate a likely domino eff  ...More
Tags: Greece    EU    economy    Germany    Olympic games    
Removal of Ban on Beef Imports by Australia Sets off Dissent [02 Mar 2010]  
Protectionism versus safety took the centre stage of debate between the Rudd administration and the domestic beef industry along with the main opposition while the Australian government declared the r  ...More
Tags: beef import    Australia    FSANZ    Canada    BSE    
Thailand Cements Ties with Bahrain with Investment Plans [03 Mar 2010]  
A delegation led by Thai Trade Commissioner Kiat Sittheeamom which comprised representatives from a cross-section of business firms from Thailand presented its interest in exploring varied sectors of  ...More
Tags: Thailand    Bahrain    trade    business    economy    
WTO Could be a Stage to Resolve Google-China Faceoff [04 Mar 2010]  
At the behest of Google, the Obama administration is reviewing the options of complaining to the World Trade Organization (WTO) over the Chinese censorship of Google Inc., the search engine powerhouse  ...More
Tags: WTO    Google    China    IAF    trade    internet    
China to Effect Huge Policy Changes to Promote Trade [08 Mar 2010]  
According to the recent National People's Congress and the Chinese People's Political Consultative Conference (CPPCC) sessions, China is expected to consider serious changes in its exim policy while r  ...More
Tags: China    trade    CPPCC    economy    import    
UK Illicit Pharma Exports to Expand If Gov Actions Fail [09 Mar 2010]  
The recent emergency meeting summoned by the UK Health Minister Mike O'Brien with the trade bodies to condemn and act against the parallel drug trade may become a lip service if the government fails t  ...More
Tags: UK    pharma export    NHS    drug    
India Womens Bill Tied to Population Control and Economic Growth [10 Mar 2010]  
In economic parlance, any entity’s development and growth is judged by its economic capabilities of maximizing returns and minimizing expenditure. Likewise, the proposed Women's Reservation Bill of In  ...More
Tags: India    economy    women    Lok Sabha    Rajyasabha    
Washington Apple Industry Eyes Larger Share of Asian Markets [12 Mar 2010]  
An apple industry head from the US said Washington apples had great future in the Asian markets including Iraq, Iran, India, and even China as they were tastier and of higher quality than the ones whi  ...More
Tags: Washington    Apple    Asia    US    WAC    AMFI    
Developing Nations Follow Rich - Pile up Arms with New Lucre [17 Mar 2010]  
According to a new study, the emerging economies of Latin America as well as South Asia are amassing arms to improve their defence status with their new earnings delivered by globalization. In the pas  ...More
Tags: Latin America    SIPRI    Germany    France    Russia    
EU Embarrassed by Report on Exports of Torture Equipment [18 Mar 2010]  
The EU which insists on stringent enforcement of human rights in every trade deal has found itself cornered by the recent jointly released report by Amnesty International and the Omega Research Founda  ...More
Tags: EU    export    Belgium    Cyprus    Italy    Finland    Malta    
Fairtrade Enters Gold Market with New Standard [19 Mar 2010]  
The Fairtrade Foundation, a market-based social organization has announced that it had jointly developed a gold standard with the Alliance for Responsible Mining (ARM), a coalition of individuals and  ...More
Tags: ARM    A&S    FLO    F&F    gold    jewellery    
Haitians Sceptical about US Re-build Formula [23 Mar 2010]  
Most of Haiti’s population, who are left bereft of their loved ones and homes by the Jan 12 devastation of 7.2 magnitude earthquake is seemed to have woken up to the reality that everything happening  ...More
Tags: Haiti    earthquake    economy    USA    
Canadians Urge Export Ban and Human Right Status for Water [24 Mar 2010]  
On the World Water Day, the Canadians have brought up the long pending issue of water regulation and export ban before Prime Minister Stephen Harper to prevent the country being wiped out of limited f  ...More
Tags: Canada    export    UN    water    
Peru Hopes Tourism Bonanza by Re-opening Machu Picchu [28 Mar 2010]  
Machu Picchu, Peru’s largest tourist destination is all set to re-open on April 1 after it was forced to close in January due to heavy rains that destroyed railway line and main trekking route leading  ...More
Tags: Peru    Machu Picchu    INC    CCL    WTTC    
Russia to Source Poultry and Meat from India [30 Mar 2010]  
Russia will look at India apart from Turkey and Thailand to satisfy its poultry demand to tide over the shortage created by lack of supplies from the US and Brazil. The poultry imports from the US and  ...More
Tags: Russia    poultry    India    US    Brazil    meat    BRIC    
Cameroon Pet Fishers Start to Earn More via WB-backed Project [01 Apr 2010]  
A sustainable aquaculture program developed by the World Fish Centre (WFC) with the sponsorship from the World Bank (WB) is bringing about a change among the ornamental fishing communities of Cameroon  ...More
Tags: Cameroon    fish    WFC    World Bank    Africa    Gulf    
US-Nigeria Aims to Ameliorate Ties by Broad-based Accord [05 Apr 2010]  
The US and Nigeria would be attempting to upgrade its diplomatic ties through a historic comprehensive commission pact to be signed on Wednesday in New York. The bi-national commission agreement comes  ...More
Tags: US    Nigeria    AGOA    TIFA    Africa    
Dutch Revving to Re-write 400yr-old Trade History with India [06 Apr 2010]  
The Netherlands has sent a high level delegation to India to tap the growing importance in the world economy of its long-standing trade partner. The five-day Netherlands economic mission which started  ...More
Tags: Dutch    Netherlands    India    GNP    Europe    
Carbon Reduction by NZ Relies on Progress Achieved by Others [08 Apr 2010]  
New Zealand Climate Change Minister Nick Smith told Radio New Zealand that the implementation of Emission Trade Scheme (ETS) would be based on the progress actualized by other developed countries, esp  ...More
Tags: Carbon    NZ    New Zealand    ETS    EMA    
Dubai Realty Firms Squeeze Clients for Mirages [12 Apr 2010]  
Until the global credit crisis rocked the Dubai real estate projects, way back in 2008, people continued to invest in these projects blindly without any logical personal debt management. The fallout –  ...More
Tags: Dubai    PJSC    UAE    Deutsche Bank    
China will continue to Spur Its Firms to Invest in Vanuatu [13 Apr 2010]  
Prime Minister of Vanuatu Edward Natapei met Chinese Premier Wen Jiabao at Beijing in honour of latter’s invitation. Natapei’s 6-day visit to China is expected give added fillip to the already strong  ...More
Tags: China    Vanuatu    Africa    Beijing    
Kenya Names Bamboo as Wonder Food – Imparts Skills to Farmers [14 Apr 2010]  
The Kenya Forestry Research Institute (Kefri) and other groups are helping farmers to become compliant to a government order by supplanting eucalyptus trees to more versatile bamboos. According to the  ...More
Tags: Kenya    bamboo    food    Kefri    biotechnology    
Aviation Industry May Take Months to Recover from Volcanic Losses [16 Apr 2010]  
The volcano under Iceland's Eyjafjallajokull glacier which erupted on last Wednesday for the second time in a month is likely to inflict huge losses to global trade, particularly to the aviation indus  ...More
Tags: Aviation    Europe    US    Asia    CAPA    
India Scales up Vegetable Exports by 70 Percent [19 Apr 2010]  
In a data presented by Minister of State for Commerce and Industry of India, Jyotiraditya M Scindia concluded that country’s vegetable exports are showing stupendous growth since last year. According  ...More
Tags: India    vegetable    export    APEDA    EICDGI&S    FTP    
ACTA to Play God on Online Activities – Overrides WIPO Role [20 Apr 2010]  
The Anti-Counterfeiting Trade Agreement (ACTA) which will be released on Thursday from New Zealand is expected to put tabs on most e-activities on the basis of piracy or copyright infringement. Moreov  ...More
Tags: ACTA    WIPO    online    New Zealand    Australia    Singapore    
UN Report Warns Neglect of Water and Sanitation to Nullify Progress [22 Apr 2010]  
According to a UN study on water and sanitation, the economic growth of every country is directly linked to its progress made in providing potable water and sanitation facilities. It says there is str  ...More
Tags: UN    MDGs    WHO    GLAAS    WASH    UNICEF    water    
China and Bangladesh Look at US after India Cotton Ban [26 Apr 2010]  
The US has become the most sought after location for cotton following India barred last week its cotton shipments in an effort to curb soaring domestic prices. The sudden halt of exports of Indian cot  ...More
Tags: cotton    importer    surplus    India    US    CAB    
US-Cuba May Hammer out a Deal Soon Despite Divergences [27 Apr 2010]  
The two events, the legislation passed by the US House of Representatives easing travel and trade restrictions and recent municipal election in Cuba suggest the US will end the 48yr-old embargo agains  ...More
Tags: US    Cuba    Barack Obama    rice    agriculture    
Saudi Arabia Broadens Business with US on a Grand Scale [29 Apr 2010]  
The ongoing two-day US-Saudi Business Opportunities Forum, a first of its kind, has become a venue for the Saudi kingdom to woo US with investment opportunities worth more than $250bn. A delegation of  ...More
Tags: Saudi Arabia    business    US    NUSACC    
Pak Engineering Sector Aims to Step-up Exports by Gov Backup [30 Apr 2010]  
Pakistan’s Engineering sector has urged its government to have a bifocal approach on its export strategies instead of solely relying on textiles. A workshop on National Engineering Exports Development  ...More
Tags: NEEDS    textile    EDB    
Majority Do Not Buy Terror Advisories Rather Go by Intuition [03 May 2010]  
A recent opinion poll on whether terror advisories altered one's business itinerary revealed that 54 percent of the respondents went by their intuition and never fell prey to media hype or any such go  ...More
Tags: Terror     Travel     Advisory     India     US    
EU Members wish to Increase Trade with Iran [04 May 2010]  
An Iranian official claimed most European countries were keen on engaging in trade with Iran devoid of political pressures and other bottlenecks. The likely reason for that opinion would be due to the  ...More
Tags: nuclear     Iran     US     Ahmadinejad     weapons    
Uganda Welcomes New Development Plan with Hopes and Doubts [07 May 2010]  
Uganda's latest offering of the new National Development Plan (NDP) is looked upon by its citizenry with lot of hope as well as misgivings. The failures of past experiments to perk up the economy are  ...More
Tags: Uganda     development     hope     NDP    
Greece a Lesson for Blocs Aim to Emulate EU [09 May 2010]  
Greece crisis must be termed as a discouraging event for blocs from Latin America and the Gulf which are essaying to toe the line of the EU to form unions with single currency and similar governance s  ...More
Tags: EU     Greece     economy     crisis     debt     Europe    
Greece a Lesson for Blocs Aim to Emulate EU [09 May 2010]  
Greece crisis must be termed as a discouraging event for blocs from Latin America and the Gulf which are essaying to toe the line of the EU to form unions with single currency and similar governance s  ...More
Tags: EU     Greece     economy     crisis     debt     Europe    
Oman-France Eco-tourism Foray on Course despite Deferment [11 May 2010]  
A workshop on 'green architecture and eco-tourism' will be held in Oman between 15 May and 17 May after becoming one of the many casualties to Iceland's volcanic ashes which disrupted air-travel last  ...More
Tags: Eco-Tourism     Ecology     Oman     France    
Used Cooking Oil-based Bio-diesel becomes a Rage in US [12 May 2010]  
In the US, companies and communities alike are fashioning the new wave of energy production by converting cooking oil waste to bio-diesel not just for greening but also for profits and revenue generat  ...More
Tags: US     cooking oil     Bio-diesel     Diesel    
WTO Must Streamline Organized Workforce to Cut Socio-economic Imbalances [13 May 2010]  
It is now apparent in the light of various studies conducted by both the UN agencies and other independent bodies that globalization has eluded its goals by not translating it into targeted benefits.  ...More
Tags: WTO     healthcare     economy     trade    
Indo-Israeli FTA Talks to Ride on Equal Trade Opportunities [18 May 2010]  
A Free Trade Agreement (FTA) between India and Israel, proposed by the latter about four years ago, has all the trappings for an early completion as both sides find the future partner with complementa  ...More
Tags: Israel     FTA     trade     tariff     bilateral     India    
China Initiates Huge Private Participation in Energy Sector [19 May 2010]  
Last week China has announced that it would accept public bidding for national oil reserve projects, indicating that the government is planning private participation in energy domain to cut state's so  ...More
Tags: China     India     Trade     Fuels     Privatization    
GCC Puts Oil and Gas Exports at $18.3tn [24 May 2010]  
The head of Dubai International Financial Centre (DIFC) while addressing the second day of the MENASA (Middle East, North Africa and South Asia) Forum in Dubai said with the presumption of average oil  ...More
Tags: GCC     oil     stock     crude     finance     Dubai    
Global Infrastructure Deficit Pegged at $2Trillion Per Annum [25 May 2010]  
The World Economic Forum’s Positive Infrastructure Report (PIR) finds that world faces a global infrastructure deficit of US$2 trillion per year over the next 20 years. The report analyses the four la  ...More
Tags: WEF     Economy     Infrastructure    
Strike Paralyses SA with More in Store Ahead of World Cup [27 May 2010]  
South Africa (SA) continues to reel under the 'strike' bogey with transport strike nearing end while others surfacing. A likely strike by half of the workers at state-owned power utility Eskom and an  ...More
Tags: SA     World Cup     Strike     Crisis     Eskom    
World Oceans Day 2050 would be a Fishless Celebration [30 May 2010]  
According to a recent UN report, the World Oceans Day June 8 designated and celebrated by the UN since last year would be a fishless one in 2050 if the fishing industry failed to restructure itself. T  ...More
Tags: Fish     World Oceans Day     Fishing    
Sri Lanka Trade Pacts – Some Prefer China over India [01 Jun 2010]  
The Comprehensive Economic Partnership Agreement (CEPA) expected to be signed between India and Sri Lanka next month which sparked off recent protests in Colombo is seen as a retrogressive deal by som  ...More
Tags: CEPA     India     China     Sri Lanka     Trade     Business    
NZ Reveals Game Plan on FTAs and Bilateral Trade Pacts [02 Jun 2010]  
New Zealand Trade Minister Tim Groser's address while laying the groundwork for the FTA talks with Russia has unveiled a strategy that his country would possibly be effecting the early mover advantage  ...More
Tags: WTO     FTA     Trade     Commerce     Russia    
Nigeria Loses 10 Percent of the GDP to Illegal Maritime Acts [03 Jun 2010]  
A top official from the Nigerian government has informed that the country was losing more than 10 percent of the GDP solely due to illegal maritime activities taking place in the Nigerian waters. The  ...More
Tags: Nigeria     GDP     Trade     PICOMSS     NSA    
Cosmetics Next in Line to Boost Global Halal Trade [07 Jun 2010]  
The recently concluded Beautyworld Middle East 2010, the largest international trade fair for beauty products in the Middle East, is proving that there is huge demand for halal cosmetics as well besid  ...More
Tags: Middle East     Trade     Business     Cosmetics    
OAS Meet to Heed TI Recommendations [08 Jun 2010]  
The Organization of American States (OAS) in its 40th General Assembly in Lima is understood to have taken into consideration the recommendations by Transparency International (TI) to improve transpar  ...More
Tags: OAS     TI     Lima     Inequality     Latin America    
Financial and Banking Methodology Helps Cambodia to Sustain [10 Jun 2010]  
Cambodia's World Bank country manager Qimiao Fan on Tuesday said that Cambodia’s financial and banking regulations have assisted the country to sustain during the tumultuous times of global economic u  ...More
Tags: Cambodia     World Bank     CDCF     Finance    
Botswana Identifies Cuba as Decisive Ally – Signs Pacts [11 Jun 2010]  
The three-day visit by the president of Botswana to Cuba has culminated in the signing of several accords including healthcare, education, sports and agriculture. The Botswanan President Seretse Khama  ...More
Tags: Botswana     Cuba     MoU     Trade     Medicine    
Overarching Trade Promotions by Turkey to Power Growth [14 Jun 2010]  
The Turkish government through various trade programs is ensuring that its economy will grow by more than 12 percent in the coming quarters. The one such program is the "Turkey-World Trade Bridge 2010  ...More
Tags: Turkey     TWTB     SME     TUSKON     Business    
Afghan Serendipity Exposes US Interests in Business of War [15 Jun 2010]  
It was always a mystery why most military powers constantly attempted to occupy often portrayed derelict Afghanistan, but with the latest discovery of the country being seated over more than $1tn prec  ...More
Tags: Afghanistan     US     War     Mineral     Metals    
India Diamond Trade Bolsters - Yet Short of Pre-crash levels [18 Jun 2010]  
According to the Gem & Jewellery Export Promotion Council (GJEPC), India's polished diamond exports rose 73 percent year on year to almost $1.8bn in May and the polished imports rose 68 percent during  ...More
Tags: GJEPC     Gems     Diamonds     India     Mining    
Serbian Businesses Find Croatian Markets Unwelcome [18 Jun 2010]  
The Serbian businesspeople feel that though their country has opened doors to the Croatian firms and products since 2000, the Serbian companies are still not welcome in Croatia. According to a story a  ...More
Tags: Serbia     Croatia. Trade     Nectar     Juice     Business    
Lewis Turning Point of Chinese Economy May Improve Quality [21 Jun 2010]  
The recent strikes at Honda and other factories in China for pay hike have to be construed as the fallout of the dearth in obtaining 'qualified' workers and the rapidly changing mores of the Chinese w  ...More
Tags: China     Labout Force     Skills     Growth    
Discarded Plastic Bottles Provide Housing for Poor in Lat-Am [23 Jun 2010]  
The ubiquitous plastic bottles, a serious menace to nature is becoming a key raw material in building houses for the low income families of Latin America. The brain behind this project is understood t  ...More
Tags: Latin America     Spanish     Bottles     Green    
Airline Introduces iTicketing with Apple iPad Kiosks [24 Jun 2010]  
Malaysia Airlines (MAS) in collaboration with SITA, an air transport technology major, has installed iPad kiosks at the Kuala Lumpur Sentral (KL Sentral), to simplify flyers’ travelling needs. The ini  ...More
Tags: Malaysia Airlines     Apple     iPad     Flight    
Unproductive Rubber Tree Rejuvenation a Success in Liberia [25 Jun 2010]  
An initiative to make use of old rubber trees by a Canadian renewable energy firm in Liberia is reaping rich dividends to the country’s economy. The project is reported to have helped the farmers to g  ...More
Tags: Liberia     Renewable Power     Wood     Electricity    
Normalcy in Kyrgyzstan Weigh beyond Parliamentary Democracy [30 Jun 2010]  
Despite a referendum for parliamentary democracy, the future of Kyrgyzstan depends a lot on the foreign policy for the country by Russia and the US. Russia along with the US backed the decision to go  ...More
Tags: Kyrgyzstan     NATO     Parliamentary     Democracy    
Jabulani Controversy May Favour Dwindling Pakistani Exports [02 Jul 2010]  
The hullabaloo over Jabulani, the official FIFA World Cup football may help the failing exports of Pakistan if the soccer governing body opted for Pakistan’s hand-stitched footballs over the Chinese t  ...More
Tags: FIFA     Soccer     World Cup 2010     Jabulani     Football    
EU Prez Tours West Balkans to Assuage Fears on EU Accession [06 Jul 2010]  
The European Union President Herman Van Rompuy has made a whirlwind trip to the Western Balkan states starting from Slovenia through Croatia, Serbia and Kosovo to demonstrate the Union's commitment fo  ...More
Tags: EU     Balkan States     Croatia     Finance     Europe    
Foul German Cheese Savour Protests from Italian Farmers [08 Jul 2010]  
A multitude of Italian farmers converged on the Austrian border to protest at the importation of tainted cheese from Germany with Italian-sounding brand names. The demonstration was held on account of  ...More
Tags: Cheese     Mozzarella     Milk     Coldiretti     Italy    
Indo-Bhutan Power Trade to Reciprocally Obviate Dearth [09 Jul 2010]  
India's plan to create over $1bn sovereign-backed fund to boost trade and investment for domestic power utilities in South Asia will largely benefit Bhutan to fund its power distribution projects to i  ...More
Tags: Bhutan     Renewable     Power Generation     India    
EAC Common Market Likely to Slash Cost of Consumables [12 Jul 2010]  
The East African Common Market (EACM) which came into force on July 1 is expected reduce prices of household items as the new 'competitive' market environment will trigger some price shake-up on many  ...More
Tags: EACM     EAC     Uganda     East African Business Week    
Kuwait Out-reaches to South America for Bettering Ties [14 Jul 2010]  
A high profile delegation headed by the Prime Minister of Kuwait Sheikh Nasser Al Mohammed will begin its tour of South America on Wednesday. The three-week trip to nine countries including Antigua an  ...More
Tags: Kuwait     KUNA     Al Sammak     KCCI     GCC     America    
Viet Nam Eyes Robust Myanmar Market [15 Jul 2010]  
The Viet Nam Ambassador to Myanmar feels that Myanmar has all the trappings of providing big returns for investments ranging from mining, forestry management, agriculture and aquaculture to telecommun  ...More
Tags: Myanmar     Viet Nam     Vietnam     Trade     Export    
Portugal and Turkey Ink Landmark Visa Exemption Deal [16 Jul 2010]  
Turkish Foreign Minister's one day visit to Portugal has culminated in the signing of a mutually beneficial partial visa exemption agreement. According to the deal, citizens of both countries who have  ...More
Tags: Turkey     Portugal     Davutoglu     Manouchehr Mottaki    
Indo-Pak Ties - The Chokepoint for Indian Exports to Afghan [19 Jul 2010]  
The trade treaty signed on Sunday between Pakistan and Afghanistan has become a major embarrassment to the visiting US Secretary of State Hillary Clinton as the deal conspicuously disallows Indian exp  ...More
Tags: Indo-Pak     Afghan     Exports     Clinton     Commerce    
Zimbabwe to Buy Small Denominations to Fix Currency Crisis [20 Jul 2010]  
The Finance Minister of Zimbabwe has announced that his country would import small change to stave off worsening currency problems. The day to day lives of the Zimbabweans have become difficult ever s  ...More
Tags: Zimbabwe     Tendai Biti     US     Currency     Credit    
Mercosur-Egypt FTA Likely to Exclude Sensitive Poultry Trade [23 Jul 2010]  
The Free Trade Agreement between Mercosur and Egypt is expected to label poultry in the sensitive category as the latter fears it may adversely impact the domestic industry. According to the Al-Masry  ...More
Tags: Egypt     Trade     Commerce     Mercosur     Poultry    
Staunch Trade Ties Do Not Vouch Chinese to Invest in N-Korea [27 Jul 2010]  
A Chinese trade expert in an interview to the Global Times, a Chinese newspaper and arm of People’s Daily told many Chinese companies had lost money while trading and investing in North Korea as the c  ...More
Tags: China     N-Korea     Trade     Investment     Sanctions    
Cambodia Garment Strike Spotlights on Labor Rights [29 Jul 2010]  
The wraith of global meltdown is still resonating in some form or the other in most outsourcing dependent countries. The recent Cambodia garment workers’ strike turns out to be a perfect case in point  ...More
Tags: Cambodia     Strike     Garment     Wrokers     Phnom Penh    
Tourism Primed to Spur Economic Growth of UK for a Decade [02 Aug 2010]  
The finding of a report on the UK tourism industry reveals that the tourism revenue of the country is set to rise by more than 60 percent to £188bn by 2020, and one of the main draws of the next decad  ...More
Tags: UK     Tourism     Deloitte     Olympic Games 2012    
Syria, Turkey, Lebanon and Jordan Sign Quadripartite FTA [03 Aug 2010]  
Turkey will join an economic bloc comprising of the Middle Eastern states such as Syria, Lebanon and Jordan ahead of the protracted accession to the EU. Last weekend, the four nations jointly agreed t  ...More
Tags: Syria     Turkey     Lebanon     Jordan     Trade    
Australian Opposition Unfurls Trade Map Ahead of Polls [09 Aug 2010]  
The Nationals' leader Warren Truss revealed that a Coalition government at the centre would restore funding to exporters and appoint an ambassador for trade reforms and specialist trade representative  ...More
Tags: Australia     Warren Truss     Labour     AUD     Trade    
Aviation Industry Lengthens Trajectory in Africa [09 Aug 2010]  
Renewed confidence in the African economic renaissance, most international airlines are on an expansion mode in the African continent to meet the growing demands of a prospective travel and freight ma  ...More
Tags: Aviation     Africa     British Airways     Belgian    
China Okays Iran Sanctions – Yet Holds Trade with Impunity [10 Aug 2010]  
The recent sanctions against Iran hammered out by the US and like-minded countries targeting energy and banking sectors have become more blatantly farcical when China resumed oil trade with Iran even  ...More
Tags: China     Iran     Russia     Oil     Trade     Sactions     Energy    
US Trade Delegation Makes SOS Trip to Columbia [11 Aug 2010]  
More than 100 industrialists from the US are touring Columbia to identify potential areas of trade, and maximize their business prospects under the new regime before it is too late as the new presiden  ...More
Tags: US     Columbia     Trade     Canada     FTA    
Trade Overtures by Brazil to Arab World Pay Huge Dividends [12 Aug 2010]  
According to the recent data released by the Ministry of Agriculture, Livestock and Supply of Brazil indicate that the country’s exports to the Arab region have increased by leaps and bounds. Brazil's  ...More
Tags: Brazil     Arab     Aladi     Egypt     UAE     Trade    
Philippines is after Casino Biz amid Opposition [13 Aug 2010]  
The Philippines aims to become Asia's next big gambling hub by building casinos and related entertainment zones across the country amid controversy. According to Philippine Amusement and Gaming Corpor  ...More
Tags: Philippines     Casino     PAGCOR     Gambling     Stock    
Switzerland Prepares for a Historic FTA with China [17 Aug 2010]  
The Swiss President Doris Leuthard's week-long visit to China is likely to make Switzerland once again a first mover from Europe to sign an FTA with China as it had established diplomatic ties 60 year  ...More
Tags: Switzerland     China     Commerce     Trade Partner    
Thailand Urges its Investors and Exporters to Cash in on Brazil [19 Aug 2010]  
The Thai Chamber of Commerce (TCC) has suggested that the country should capitalize on business opportunities in South America, particularly Brazil as the Latin America leading economy is preparing to  ...More
Tags: Thailand     Brazil     Bilateral Trade     TCC    
Dolphin Exports from Solomons Invite Protest – Trader Defends Sale [23 Aug 2010]  
The dolphin trading by one of the Solomon Islands' exporter has not gone well with a leading animal right organization. Solomons dolphin activist Lawrence Makili who is the Earth Island Institute's Pa  ...More
Tags: Dolphin     Solomons     Whales     The Cove    
Dubai Free Zone Firms Pick up Pace on Global Recovery Cues [24 Aug 2010]  
The Dubai Chamber of Commerce and Industry in its latest release said that the firms within Dubai's free zones had traded $30.5bn worth of exports and re-exports last year to register a whopping 40.7  ...More
Tags: Dubai     Jebel Ali     DAFZ     Ras Al Khaimah     Gulf    
Country in Conundrum of Siding Whom Leaves Citizens Starving [26 Aug 2010]  
Despite relative success of reaping decent harvest after the worst violence interfered with the first of the two crops of the year in June, the farmers in Southern Kyrgyzstan are at the crossroads for  ...More
Tags: Kyrgyzstan     Crisis     Kyrgyz     UNDP     Economy    
Investment Threshold Makes Ghana No Entry for Businesses [30 Aug 2010]  
An analysis on investments in Ghana finds that an old law is restricting foreign investments to that country as it prescribes unreasonable minimum investment limit while leaving out domestic ones from  ...More
Tags: Ghana     ECOWAS     Nigeria     Exports     Africa    
Taiwan to Ease Visa Process to Promote Business with Hong Kong [30 Aug 2010]  
In a bid to boost trade ties with Hong Kong, Taiwan plans to simplify procedures for visa issuance for Hong Kong citizens in the near future, the Mainland Affairs Council Chairwoman Lai Shin-yuan said  ...More
Tags: Hong Kong     Taiwan     China     ECCPC     ECCC    
S-Korea Bags another Deal in Latin America - FTA with Peru [01 Sep 2010]  
After holding seven rounds of talks in past 18 months, South Korea has decided to sign an FTA with Peru to fuel its ambitions in South America. The latest trade pact for Asia's fourth-largest economy  ...More
Tags: ASEAN     EFTA     South Korea     Asia     Commerce    
UNIDO gives Fillip to West African Economy [02 Sep 2010]  
The United Nations Industrial Development Organization (UNIDO) is understood to have decided to chart out plans to boost trade partnership within West Africa. The UNIDO Director Felix Ugbor laid out t  ...More
Tags: UNIDO     AGM     West Africa     Nigeria     ECOWAS    
ACTA Secrecy Complicates EU – May Influence Outcome of Deal [03 Sep 2010]  
It is out now the veil of secrecy over the Anti-Counterfeiting Trade Agreement (ACTA) has gone one step further as the US officials blocked the EU attempts to publish the latest draft on combating cou  ...More
Tags: ACTA     EU     Priracy Online    
Japan Backs Ecuador on Protecting Oil-rich Ecological Site [07 Sep 2010]  
Ecuador's "revolutionary" project to establish a trust fund in association with the UN Development Program to protect an ecological site in an oil-rich area of the country's Amazon rainforests will no  ...More
Tags: Ecuador     Amazon     UN     Carbon     Japan    
Global Amphibian Trade Thrives on Porous Legal Framework [10 Sep 2010]  
An interview on WOMM-LP, a non-commercial community radio station based in the US, between leading amphibian experts has disclosed - along with the trade and consumption of frogs and other related liv  ...More
Tags: WOMM-LP     Frogs     Eco-system     Amphibians    
Italian Fears are not Baseless - Koreans Make Cost-effective Cars [13 Sep 2010]  
It is not about who makes a better auto-mobile - but in today's globalized market, it is rather who makes cost-effective and fuel-efficient ones. Climate change and rising hydro-carbon prices have zer  ...More
Tags: Korean Auto     Italian Cars     Hyundai     Kia     EU    
EU-CARIFORUM EPA Remains a Slow Starter [14 Sep 2010]  
A study claims that the objective of meeting economic growth in the Caribbean region has not been met even after two years of signing the Economic Partnership Agreement between the EU and the Caribbea  ...More
Tags: CARIFORUM     CaPRI     CIGI     EU     Caribbean    
Laos Gets Galvanized by Signing Pacts with Trade Partners [16 Sep 2010]  
In less than a week, Laos has signed several trade deals with Vietnam and India in a bid to achieve its objective of becoming a developed nation by 2020. The country is understood to have put itself o  ...More
Tags: ASEAN     Laos     ASEAN-China     China    
India Rupee Growth Boosts Confidence amid Trade Deficit Worries [22 Sep 2010]  
The Indian currency with its new symbol is riding high as since May 2009 investors pumped in unprecedented $24bn into the nation's stocks and bonds. In contrast, the BOP statistics draw a gloomy pictu  ...More
Tags: INR     Currency     USD     Bloomberg    
Salvador Takes Diplomatic Route to Resolve Dominican Export Ban [23 Sep 2010]  
Two senior ministers from El Salvador are touring the Dominican Republic in order to address problems related to the exports with the Caribbean country. The Salvadoran Ministers of Economy, Hector Dad  ...More
Tags: El Salvador     Economy     Dominican Export     Ban    
Senegal Pitches for Tourism Impetus via Atlanta [23 Sep 2010]  
El Hadji Aziz Gueye, the tourism director of Senegal while surprising the Atlanta's mayor Kasim Reed by informing about the shifting of its office to Atlanta from New York two weeks ago has evoked the  ...More
Tags: Senegal     Africa     Dakar     Africa    
China Uses Predominate Muslim A-region to Woo Arab Commerce [27 Sep 2010]  
China has launched on Sunday a five-day trade platform for maximizing its trade with the Arab world from Ningxia Hui, an autonomous region with predominantly Muslim population. The China Investment an  ...More
Tags: China     Arab Commerce     Sino-Arab     Trade    
EU Lenifies Farmers by Acquiescing in Release of Feed Stocks [28 Sep 2010]  
The European Commission in a bid to check rising feed costs has decided to release about 3mn tonnes of grain from the EU’s intervention stocks. Most European farmers except from Germany have incurred  ...More
Tags: EU     Feed stocks     FNP    
Workers across Europe Strike against Austerity Measures [29 Sep 2010]  
The European trade unions will demonstrate today against the austerity measures adopted recently by many European countries, and will demand recovery plans inclusive of workers and job creation. The p  ...More
Tags: ETUC     Euro     Trade Unions    
Russia Takes Lenient Approach on Timber Exports [01 Oct 2010]  
The Russian Prime Minister Vladimir Putin yesterday told a roundtable forum that the country should discard the obsolete raw-materials export model to maintain growth of timber industry. He also said