Tradenews

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    
With the Latest Knowhow, Africa Aims to Explore Opportunities in Rice Production [02 Mar 2009]  
The Deputy Director-General of Africa Rice Center (WARDA), Dr. Marco Wopereis claimed during the two-day STRASA meeting that the rice prices which hurled up to $1000 per ton would help the African nat  ...More
Tags: WARDA     STRASA     IRRI    
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    
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    
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    
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    
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    
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    
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    
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    
Negotiations on Indo–Australian FTA Soon [29 Sep 2009]  
The Indian origin Australian high commissioner during his recent visit to India said the negotiations on the proposed FTA would begin after governments of both the countries examine the feasibility st  ...More
Tags: India     Australia     FTA     natural gas    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
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    
Canadian Minister Discounts Asian Trade Ties [12 Nov 2010]  
In a most stunning manner international trade minister of Canada informed the cabinet that the country’s economic future remained mostly tied to the US — not to Asia or emerging economies. A position  ...More
Tags: Canada FTA Loan Asia US    
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    
Monaco Devises programs to Garner Indian Travel Market share [26 Nov 2010]  
The tourism department of Monaco in collaboration with the Indian respective office has concluded five-day long programs including road shows at the two major cities of India to promote Monaco as a pr  ...More
Tags: Rolex Masters    Monaco    Grand Prix    F1    India Tourism    
US-Korea FTA Likely to Dent Japanese Exports [06 Dec 2010]  
The US which has turned a price sensitive market especially post global recession will be an advantageous terrain for South Korean goods over the Japanese ones following the ratification of the FTA be  ...More
Tags: US FTA     South Korea     Japan Trade     Asia     Business    
Bahamas Shipping Registry on Course to Ballistic Growth [09 Dec 2010]  
A top official from the Bahamas government apprised the Bahamas shipping registry was likely to show strong growth in future at a pace of 8-10 percent per annum. The Bahamian Minister of Environment E  ...More
Tags: Shipping Registry    Bahamas    Tribune    Panama    Liberia    
AMED Meet Makes Thailand a Venue for Asian Integration [15 Dec 2010]  
The ongoing 3rd Asia and Middle East Dialogue (AMED III) which is held at Bangkok has catapulted Thailand as a major business hub in the continent. The meeting scheduled between 15 and 16 December att  ...More
Tags: AMED     GCC     Gulf     Trade     Thailand     Middle East    
Georgian Fir Cone Pickers Get Safe Deal in X-mas Tree Drive [23 Dec 2010]  
The ubiquitous Nordmann fir trees which don most European houses during Christmas are undergoing a major change in their sourcing practice, that risked many fir cone pickers lives for a pittance in th  ...More
Tags: Georgia    X-mas    Christmas tree    Tree Sales    Denmark    
Cambodian Tourism to Maintain Growth in the New Year [04 Jan 2011]  
According to the Cambodian tourism ministrys statistics, last years success of the tourism sector is likely to be extended to 2011. The Ministry has forecast 2.73mn visitors would arrive in 2011 as co  ...More
Tags: Tourism     Travel     Cambodia     South-East Asia    Flights    
Joblessness Stirs Saudization sans Reflecting on Root Cause [06 Jan 2011]  
Saudi Arabias high unemployment rate has once again sparked off an outcry for Saudization after the recent data showed about 43 percent of kingdoms citizens aged between 20 and 24 years were unemploye  ...More
Tags: Saudi Arabia    Middle East    GCC    Jobs    Gulf Employment    
CAFTA Helps Costa Rica to enhance Trade with US [21 Jan 2011]  
The Costa Rican Ministry of Foreign Trade (COMEX) stated that the total sales of country’s exports to the US rose 24 percent in 2010. Foreign Trade Minister Anabel González attributed the increase in  ...More
Tags: Costa Rica    The Dominican Republic    El Salvador    Guatemala    Honduras    Nicaragua    
Ripple Effect of Cote D’Ivoire Politics to make Chocolates Dearer [25 Jan 2011]  
The electoral dispute between Alassane Ouattra, the internationally recognised winner of Cote d’Ivoire’s presidential election and Laurent Gbagbo, his election rival who has refused to relinquish the  ...More
Tags: UN     Ivory Coast     Cote d’Ivoire     ECOWAS     Cocoa Exports    
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    
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    
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    
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    
South Asia Forum calls for regional economic union [19 Sep 2011]  
Members of the South Asian Association for Regional Cooperation (SAARC), at the South Asia Forum here Thursday, called for removing tariff and non-tariff barriers to boost regional trade and investmen  ...More
Tags: SAARC South Asia    
Asia braces for weaker exports as Europe stumbles [15 Jun 2012]  
SINGAPORE: After supplying European customers for more than 40 years with neon bright ornamental fish, Shirley Lim is now looking elsewhere for sales.

Lim, whose business in Singapore and Malay  ...More
Tags: Asia Europe exports    
European leaders seek Asian support on debt [05 Nov 2012]  
VIENTIANE: Dozens of European and Asian leaders will gather in impoverished Laos on Monday for a major summit set to be dominated by the eurozone debt crisis and growing territorial tensions in the re  ...More
Tags: European leaders seek Asian support on debt    
Service Trumps Price in Asia [07 Oct 2013]  
The stereotypical representation of a typical Asian- an individual, who lives a minimalistic existence, is very concerned about the bare iota of spending and thinks highly of strategic investments. Ma  ...More
Tags: Service Trumps Asia    
The Indo-ASEAN Bond grows stronger in 2013 [14 Oct 2013]  
The Association of Southeast Asian Nations (ASEAN) is looking upto India as a major economic partner, seeing that the latter has kept to its commitment to generate $100 billion worth of trade between  ...More
Tags: Indo Asean Bond    
Grassroots Trouble- Pakistani Farmers resist Free Trade with India [24 Feb 2014]  
Looks like a normal trade relationship between India and Pakistan will remain a distant pipe-dream for now. An alliance of farmers was forged in the Punjab province of Pakistan recently, to oppose any  ...More
Tags: Grassroots Trouble Pakistani Farmers Free Trade    
Africa’s ‘Future Five’ to watch for in 2014. [11 Mar 2014]  
Africa, the cradle of humanity is finally getting the limelight it deserves. Traditionally known for its civil wars and lack of economic progress in tune with the rest of the world, Africa has been se  ...More
Tags: Africas Future Five to watch for in 2014