Tradenews

Africa Clamours for Aid Prior to the G-20 Summit [18 Mar 2009]  
During the Consultative Meeting prior to the G-20 Summit between the leaders of the African nations and the Prime Minister of Britain, Gordon Brown, the African leaders have strongly appealed to relea  ...More
Tags: african     G-20 Summit     africa    
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    
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    
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    
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    
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 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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
Mosquito-feasting Plants May Well Be the Answer [21 May 2010]  
A Ugandan scientific team is believed to have discovered an eco-friendly method to eradicate mosquitoes. The team headed by Prof. Jasper Okeng of the Pharmacology department of Makerere University is  ...More
Tags: Uganda     malaria     mosquito     Africa    
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    
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    
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    
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    
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    
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    
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    
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    
China Opens Trade Show with Equalitarian Investment Outlook [08 Sep 2010]  
The Chinese Vice President Xi Jinping officially launched the annual international fair by raising a symbolic "golden key" to open the exhibition hall at Xiamen in the southeast Fujian Province. At th  ...More
Tags: China     Xi Jinping     CIFIT     WTOGPA    
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    
Ireland Steers towards Middle East to Expand Economic Ambit [02 Nov 2010]  
According to sources, a week-long trip by a high profile Irish trade delegation to Saudi Arabia and the UAE is expected to expand proximity to the Middle East in bilateral trade to politics. The dele  ...More
Tags: economic ambit     irish trade    
Terror Fear to Step-up Middle East Spend on Security Systems [18 Nov 2010]  
According to an industry expert, the increasing fear of terror strikes is compelling public as well as private sector in the Middle East to enhance their outlay on security systems and related technol  ...More
Tags: Security Systems    Gulf    Middle East    Intersec    
Trade Unions Unite to Halt Unfair Treatment towards Women [25 Nov 2010]  
The International Trade Union Confederation (ITUC) has decided to mark International Day for the Elimination of Violence against Women and Girls by planning several programs across the globe. The ITUC  ...More
Tags: ITUC     Women     Violence     Trade     Labour     Workers    
Kuwait Enhances Infra-structure to Match Others in the Region [03 Jan 2011]  
After slow progress in infra-structural development in Kuwait in recent years, the state has planned to expedite all projects including the development of Boubyan seaport, better known as Mubarak Al-K  ...More
Tags: GCC     Kuwait     Airports     Seaports     Shipping     Flights    
German Dioxin-tainted Food Scare Heightens across EU [08 Jan 2011]  
The contaminated eggs with toxic dioxin from Germany are panicking consumers across Europe as they are suspected to have entered the UK food chain. It is understood that 14 tonnes of tainted egg prod  ...More
Tags: Germany    EU    Holland    Britain    Poultry    Processed Food    
Emerging Seven to Usurp G7 in a Decade [12 Jan 2011]  
The latest reports by authoritative sources conclude the E7, lead by China and India will be larger than that of the G-7, the world’s largest industrialized markets in 2020. The reports published by P  ...More
Tags: PwC    HSBC    G7    E7    Italy    Austria    
IN-TIME to Streamline Travel and Logistics across Europe [31 Jan 2011]  
An EU-funded project, the IN-TIME (Intelligent and efficient travel management for European cities) is expected to primarily reduce delivery and distribution costs to firms, and will allow people to f  ...More
Tags: Czech     Romania     Italy     Germany     Norway     Austria    
SMEs seek GST implementation, uniform VAT rates [07 Feb 2011]  
IIA an apex body of Micro, small and medium enterprises has sought GST implementation and uniform VAT rates across all states.

Here are the key demands:

Government proposes to introdu  ...More
Tags: IIA    Empowered Committee    SAT    Turn over tax    Surcharge    Additional Surcharge    
Empowered Group of Ministers on food open exports of non-Basmati Rice [10 Feb 2011]  
Ending a prolonged ban since 2008 on the export of non- Basmati rice, an empowered group of ministers (EGoM) on food decided on Wednesday to conditionally open exports of premium varieties, including  ...More
Tags: Basmati rice    MEP    albeit mutedly    AIREA    
Japan posts first trade deficit in almost two years [23 Feb 2011]  
Weaker exports to key markets gave Japan its first trade deficit in 22 months, Ministry of Finance data has shown.

The trade deficit was 471.42bn yen ($5.7bn; £3.52bn) in January, with exports  ...More
Tags: Itochu Corporation    inflation    Takahide Kiuchi    Nomura Securities    
Farm Boom Is Leading to Growing Concerns [01 Mar 2011]  
The cure for higher commodity prices is usually higher commodity prices.

The global clamor for corn, wheat, soybeans and other crops has been a stroke of good fortune for the agricultural indus  ...More
Tags: corn    wheat    soybeans    nonfarm wages    Kansas City Federal Reserve    
Government encouraging exports to contain rising CAD [02 Mar 2011]  
Worried over the rising current account deficit, the government today said that it is providing incentives to exporters to encourage overseas shipment to bridge the rising gap.

"We are concern  ...More
Tags: GDP    CAD    Reserve Bank    fiscal deficit    
UK trade deficit drops sharply [14 Mar 2011]  
Rise in exports lifts expectations that trade will boost first-quarter GDP
Britain's trade deficit has dropped sharply, fuelling hopes that trade will make a strong contribution to GDP growth in th  ...More
Tags: GDP growth    oil    food    drink    tobacco    Daiwa Capital Markets    IHS Global Insight    
India, EU settle generics dispute, pave way for FTA talks in April [15 Mar 2011]  
India has sorted out most of its differences with the European Union on production of low-cost generic medicines, ahead of a crucial meeting on a proposed free-trade pact next month, a government offi  ...More
Tags: IPR    Civil society groups    TRIPS    FTA    India-EU summit    
Over 40% of SMEs with websites use the Internet for advertising [16 Mar 2011]  
Indian SMEs are reaping the benefits of using the Internet medium to grow their businesses. This was revealed by a study conducted by Google India to understand usage patterns and importance of online  ...More
Tags: Indian SMEs    vendors    suppliers    Google India    Insurance    Technology B2B    IT Hardware    Travel & Tourism    
Business Opportunities in Brazil [28 Nov 2011]  
Brazil remains a hotbed of opportunity for those interesting in doing business internationally.

Brazil is the world’s 11th largest economy. Agriculture and agribusiness have played a key role i  ...More
Tags: Business Opportunities Brazil    
G20 summit- India announces 10 billion USD for debt wracked Eurozone [22 Jun 2012]  
LOS CABOS: India on Tuesday announced a $10 billion contribution to the IMF's additional $430 billion financial firewall to help the debt-wracked 17-nation Eurozone so that the faltering world economy  ...More
Tags: G20 summit India Eurozone    
Chinese President Hu Jintao pledges 20 billion dollars in credit to Africa [20 Jul 2012]  
BEIJING: Chinese President Hu Jintao on Thursday pledged African governments $20 billion in credit over the next three years and called for more China-Africa coordination in international affairs to d  ...More
Tags: Chinese credit to Africa    
China's online trade hits $45 billion in Q2: Report [16 Oct 2012]  
SHANGHAI: China's e-commerce industry grew 45 per cent year-on-year in the second quarter to reach 278.84 billion yuan ($44.5 billion) in transaction volume, with Alibaba Group's Taobao capturing 76 p  ...More
Tags: China's online trade hits $45 billion in Q2: Report    
Apple drags Galaxy Note II to patent lawsuit [26 Nov 2012]  
Apple Inc. sought to add infringement claims over six more Samsung Electronics Co. products including the Galaxy Note II to its multi billion-dollar patent lawsuit against the South Korea based compan  ...More
Tags: Apple Galaxy patent lawsuit    
Britain may see triple-dip recession: Minister [10 Dec 2012]  
LONDON: British business minister Vince Cable said Britain could fall back into recession for a third time since the 2008 financial crisis but expected the economy to stagger on with minimal growth....More
Tags: Britain recession    
Twitter offered Instagram $525 million deal: Report [17 Dec 2012]  
SAN FRANCISCO: On a late August morning, Kevin Systrom, chief executive of Instagram, took an oath before testifying at a hearing of the California Corporations Department, which sought to determine i  ...More
Tags: Twitter Instagram    
USA finds favour with Chinese Tourists- Europeans prefer home! [25 Jun 2013]  
The United States of America (USA) has gained massively from the globally connected Chinese tourist. This marks a record 35.3% improvement as compared to previous years when Chinese visitors flocked t  ...More
Tags: USA finds favour with Chinese Tourists    
The Containment Act- Indian Government trying to hit fiscal deficit target, as tax revenues crash. [18 Nov 2013]  
The Indian government is in a minor state of bother, tax revenues aren’t hitting the expected numbers and other income sources that add to the government’s coffers aren’t signalling great returns as w  ...More
Tags: India fiscal deficit target    
Bitcoins encounter a technicality in India [30 Dec 2013]  
Have you heard of Bitcoins? This virtual currency is currently the rage in online circles. Wikipedia explains Bitcoins as ‘a peer-to-peer payment network and digital currency based on an open source p  ...More
Tags: Bitcoins encounter India