Tradenews

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    
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    
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    
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    
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    
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    
Up to $1.5 trillion to be siphoned from Global Stimulus [23 Jun 2009]  
Kroll Global Fraud Report warned that if preventive measures were not taken, a portion of the global economic stimulus package would end up in the hands of fraudsters waiting in wings. The report has  ...More
Tags: Global Stimulus     anti-corruption    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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 Adds Malaysia in Trans-Pacific Partnership for FTA Talks [06 Oct 2010]  
Tired of Doha Rounds being reduced to lip service, the US is closing in on more countries for economic partnership in the Asia-Pacific region to fulfil Obama's export-oriented mission. As a chip off,  ...More
Tags: Malaysia     FTA     International Trade     US    
Oil out GM Crops In - In a Bid to Control World [25 Oct 2010]  
A big ticket inter-governmental project on a genetically modified (GM) crop trials are about to begin in five African countries amidst promises of higher yield out of crops grown under below par condi  ...More
Tags: Genetically Modified     Gene Ethics     Crops    
Venezuela Safe Narcotic conduit for Terror Networks [28 Oct 2010]  
In a latest report by the CBN News says that narcotic drugs make a nefarious nexus between Venezuela and global Islamic terror outfits. It blames that Venezuela, notably with the blessing of its presi  ...More
Tags: Venezuela     Narcotic     Terror     Noriega    
Europe Online Ad Spend Will Soon Well be over that of US [09 Nov 2010]  
IAB Europe, an organization which promotes the European digital and interactive marketing industry, in its recent report stated online ad spend across Europe would experience double digit growth with  ...More
Tags: McKinsey     Advertising    
Furtherance of Djibouti Code of Conduct Expected to Cut Piracy [09 Nov 2010]  
A three-day conference organized by Yemen on Djibouti Code of Conduct will likely take strong action against piracy threat along the east coast of Africa which includes Somalia. The meeting of the mem  ...More
Tags: Piracy Djibouti Yemen IMO Somalia    
Antigua & Barbuda Diversified Return to Agri-business a Success [24 Nov 2010]  
The Antigua Black Pineapple export project, which began in November 2008 with joint backing from the Antigua & Barbuda Development Bank (ABDB) and Norway, has been termed as a success by the bank offi  ...More
Tags: Antigua&Barbuda    ABDB    Norway    Pineapple    Tourism    
Iran Attacks US for Colluding with Afghan Narcotic Trade [29 Dec 2010]  
At separate occasions, top Iranian officials lashed out at the US for being part of narcotic trade in Afghanistan in the garb of war on terror. Deputy Head of the Iranian Judiciary Ebrahim Raeesi and  ...More
Tags: UN    US    Iran    Drug Trade     Narcotic     Illegal Trade    
Argentine Farmers Still Unhappy over Hostile Export Policies [25 Jan 2011]  
The farmers’ protest that took place in Argentina last week was called off by the trade unions with a warning of series of strikes in the near future if their demands were not met. The warnings indica  ...More
Tags: Food Prices     Grain Supplies     Argentina     Farmers Strike    
Hong Kong Tops Globalization Index by Toppling Singapore [27 Jan 2011]  
According to a recent report by Ernst & Young in cooperation with the Economist Intelligence Unit (EIU), Hong Kong has topped the 60 largest economies in the world in terms of globalization. Singapore  ...More
Tags: Hong Kong     Ireland     Singapore     Denmark     Globalization    
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    
Trade and Monetary Issues Top Agenda at G-20 Meeting [16 Feb 2011]  
Developed economies still recovering from the financial crisis are looking for ways to regain momentum as the global economy shifts in favor of China and other emerging markets.

That task will  ...More
Tags: G-20 Meeting    Dominique Strauss-Kahn    International Monetary Fund    
India, Japan sign FTA for 10 years [16 Feb 2011]  
Japan and India signed Wednesday a bilateral free trade agreement that would abolish duties on more than 90 percent of trade for 10 years.

Japanese Foreign Minister Seiji Maehara and Indian Com  ...More
Tags: economic cooperation    trade and investment    Japanese exports    
Food prices push 44m into poverty: World Bank [17 Feb 2011]  
Rising food prices have pushed about 44 million people into poverty in developing countries since last June, the World Bank warned.

Food costs are continuing to rise to near 2008 levels, when  ...More
Tags: World Bank    Food Price Index    food inflation    anti-poverty    
US trade chamber seeks India's retail opening [21 Feb 2011]  
Seeking opening of India's retail sector, the US India Business Council (USIBC) has set up a sub-committee to focus on leveraging the combined resources of the retail supply chain.

The newly fo  ...More
Tags: USIBC    Compass Marketing    Retail modernisation    
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    
Businesses will learn to look beyond the BRICs [28 Feb 2011]  
During the run-up to the Iraq war Donald Rumsfeld, then America’s defence secretary, famously distinguished between “old” Europe and “new” Europe. In 2011 a growing number of businesspeople will disti  ...More
Tags: Goldman Sachs    BRICs    Rio Tinto    GDP    
China Reports Unexpected Trade Deficit as Export Growth Cools [10 Mar 2011]  
China reported an unexpected $7.3 billion trade deficit; the nation’s biggest in seven years, in February after a Lunar New Year holiday disrupted exports.

Outbound shipments rose an annual 2.  ...More
Tags: Commerce Minister    David Cohen    Bloomberg    Seasonal Distortion    
India keen to export pharma products to China [24 Mar 2011]  
If the Chinese government cleared hurdles to provide market access, India could start exporting its pharmaceuticals to China in a big way. India made a strong pitch to push it, asserting that a good o  ...More
Tags: Indian Drug Manufacturers Association    API    pharmaceutical industry    SFDA    
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    
Banana Plantations in Philippine and Exports at Risk due to Virus in Southeast Asia [28 Nov 2011]  
Thousand hectares of banana plantations in the Philippines a disease that has ravaged banana plantations across Southeast Asia could wipe out the Philippine industry in three years unless the governme  ...More
Tags: Banana Plantations Philippine    
Why MSMEs should not avoid online advertising [12 Dec 2011]  
A recent study reveals that less than 6 percent of Indian MSMEs with access to personal computers advertise online. It is shocking why the sector is so much unaware of the benefits of using online adv  ...More
Tags: MSMEs online advertising    
Textile exports estimated at 34 billion dollars during fiscal year 2011-2012 [16 May 2012]  
NEW DELHI: The government today said the country's textiles exports are estimated at USD 34 billion during the 2011-12 fiscal. "Textiles exports for the year 2011-12 are projected at USD 34 billion,"  ...More
Tags: Textile exports    
Textile companies seek Rs 12000 crore debt recas [28 Jul 2012]  
KOLKATA: The textile industry will put forward 290 cases involving Rs 12,000 crore of debt restructuring to the department of financial services this week. These 290 cases involve spinning, weaving an  ...More
Tags: Textile companies    
Content Marketing Accounts for Portion of Budgets; Expected to Increase in 2013 [21 Jan 2013]  
Marketers are expanding their content marketing strategies, according to an AdAge survey; results show content marketing accounts for 12 percent of overall marketing budgets, a number expected to rise  ...More
Tags: Content Marketing Accounts    
5 Key Preparation Steps in B2B Link Building Outreach [11 Feb 2013]  
If you have ever been in an environment where sales and customer communication comes at you at a rapid pace (think call center, inside sales, etc) than you understand how important product or solution  ...More
Tags: Key Preparation B2B    
Social Media Marketing Important Part of B2B Marketing Landscape [11 Mar 2013]  
Fully developed business-to-business (B2B) social media marketing programs are becoming common practice; recent survey results show nearly half of all B2B marketers (47%) are currently “very involved”  ...More
Tags: Social Media Marketing    
Five Ways to Target B2B Effectively [06 May 2013]  
Lately there has been talk in the trade press about the difficulty of applying the targeting techniques used for consumer advertising to B2B. One in particular that caught our attention was Al Urbansk  ...More
Tags: Target B2B Effectively    
Is the World going Anti Free Trade [12 Aug 2013]  
The recent furore about the strife brewing between China and the European Union (EU) concerning the export of cheap Solar Panels by the former to the countries of the EU, the resultant anti-dumping ta  ...More
Tags: Anti Free Trade    
International Demand for Gold at a Four-year-low [03 Sep 2013]  
Looks like Gold has lost its legendary shine, atleast that’s what global market statistics for the second quarter of 2013 will have you believe. The World Gold Council (WGC) reports that the demand fo  ...More
Tags: International Demand for Gold    
Diwali Assures a Cracking Time for India Inc [28 Oct 2013]  
It’s that time of the year again, Diwali is finally here. This period also marks as optimistic times for the strained Indian retail and manufacturing sectors. Sectors like automobiles, apparel, consum  ...More
Tags: Diwali Cracking Time India    
Snippets from the Odisha MSME International Trade Fair [13 Jan 2014]  
Are tradeshows good for your business? Apparently so, if the stupendous success of the Odisha MSME International trade fair is any indication. This trade fair was jointly organised by the Micro, Small  ...More
Tags: Snippets Odisha MSME International    
The Fragile Five- High Octane Economies or Ticking Time Bombs [03 Feb 2014]  
What’s common between Brazil, India, South Africa, Indonesia and Turkey? They are part of an exclusive club called the ‘fragile five’, world economies that are progressing quickly but are noted for be  ...More
Tags: The Fragile Five Octane Economies Ticking Time    
World Domination with Currency- Are the Developed Countries playing a dangerous game? [11 Feb 2014]  
It has been a long standing concern with many upcoming, developing economies like Brazil, India and Argentina that developed countries like the United States and other industrialized countries were pl  ...More
Tags: World Domination Currency playing dangerous