Archive For April 2009

Iran and Serbia Move towards FTA

on April 5, 2009 by admin in Uncategorized, Comments (0)

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 […]

Read more...

India to Augment Gold Mining to Counter Imports – Opportunities for Foreign Firms

on by admin in Uncategorized, Comments (0)

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 […]

Read more...

South Korea`s President Lee Arrives in Australia – Climate Change, the Main Feature

on by admin in Uncategorized, Comments (0)

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 […]

Read more...

The EU Prods Thailand to be Proactive on FTA

on by admin in Uncategorized, Comments (0)

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 […]

Read more...

With the Latest Knowhow, Africa Aims to Explore Opportunities in Rice Production

on by admin in Uncategorized, Comments (0)

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 […]

Read more...

Chinese Begin to Fish in the US Housing Market

on by admin in Uncategorized, Comments (0)

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 […]

Read more...

EC Praises Hungary’s Economic Policy yet Soft-pedals on Early Adoption of the Euro

on by admin in Uncategorized, Comments (0)

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 policies […]

Read more...

Chile-Peru FTA

on by admin in Uncategorized, Comments (0)

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 […]

Read more...

Cambodian Garments Record 7 Percent Growth in Exports

on by admin in Uncategorized, Comments (0)

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 […]

Read more...

Calf Aren’t Cheated Anymore, Cow Urine Fetches About $3/Litre

on by admin in Uncategorized, Comments (0)

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 […]

Read more...

China Plans European Shopping Spree

on by admin in Uncategorized, Comments (0)

Towards the end of this month, the Chinese government is planning to send a business delegation to Europe for purchasing goods which would mainly comprise of advanced technological products and […]

Read more...

China Continues to Increase Its Presence in Africa, Gives Aid to Tanzania

on by admin in Uncategorized, Comments (0)

Chinese President Hu Jintao’s three-day visit to the eastern African country Tanzania has concluded by signing Economic Co-operation Agreement and MOU on exports between both countries. Similar deals were signed […]

Read more...

Oil Price Predictions Come True – $60/barrel only in Sep.

on by admin in Bahrain News, Business, Crude Prices, Dubai News, GCC News, IEA News, OPEC, Oil Prices, Oman News, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, World Business News, Comments (0)

The crude oil prices gradually lost ground after International Energy Agency (IEA) declared fuel demand would decline significantly in the coming months than earlier thought. The grim economic data receiving […]

Read more...

The Philippines Campaign Network Urges EC to Provide PCA Draft

on by admin in Uncategorized, Comments (0)

The EU-Philippines Partnership and Cooperation Agreement (PCA) is under some suspicion since the details about the draft was not made available to the EU-ASEAN FTA Campaign Network (CN). According to […]

Read more...

China Says Trade Probes By India Will Damage Trade Ties

on by admin in Uncategorized, Comments (0)

Soon after concluding a meeting between Indian ambassador to China Nirupama Rao and China’s deputy commerce minister Zhong Shan, the Ministry of Commerce of China has expressed that trade probes […]

Read more...

The UAE Slashes Its Guidance on Growth Dramatically

on by admin in Uncategorized, Comments (0)

According to a latest report, the UAE is expected to grow just by 3 percent from its last year’s performance of six percent. Huge slump in growth of sectors including […]

Read more...

Indian Envoy Confident About FTA with the EU

on by admin in Uncategorized, Comments (0)

Speaking at an event organised by the Belgian think tank Bruegel, India’s ambassador to the EU Jaimini Bhagwati said that he was confident of signing FTA with the EU in […]

Read more...

‘Buy American’ Will Trigger Trade Wars – Warns Obama

on by admin in Uncategorized, Comments (0)

Barack Obama, the newly elected president of the US echoed the concerns of economists and trade partners across the world while he said ‘buy American’ as part of the clause […]

Read more...

Columbia and the EU closer to Signing FTA

on by admin in Uncategorized, Comments (0)

According to Fernando Cardesa García, Ambassador of the Delegation of the European Commission to Colombia and Ecuador, the bilateral talks with Columbia are expected to start by the second week […]

Read more...

Turkey’s Imports Continue to Surge against Its Exports

on by admin in Uncategorized, Comments (0)

According to Turkish Statistical Institute (TÜIK), Turkey’s imports recorded a growth of 18.7 percent to $201.8bn whereas its exports grew by 23.1 percent to $132bn causing huge trade deficit of […]

Read more...

Russia Plans to Waiver Export Tariffs on Its Fertilisers

on by admin in Uncategorized, Comments (0)

Russian government in its latest release stated that there were plans afoot to abolish the export tariffs on certain mineral fertilisers that they imposed last year. The decision to levy […]

Read more...

Indo-Kazakh Ties Boosted by Signing Trade Pacts

on by admin in Uncategorized, Comments (0)

The President of Kazakhstan, Nursultan Abishuly Nazarbayev has concluded his four-day visit to India by heading his contingent to complete formalities on bilateral ties including a broad spectrum economic cooperation. […]

Read more...

The EU Levies Tariffs up to 85 Percent on Chinese Fasteners

on by admin in Uncategorized, Comments (0)

The EU will levy tariffs from 26 percent to 85 percent on Chinese imports of screws and bolts to the 27 countries of the EU. The law is expected to […]

Read more...

An Indian Store Auctioned for Highest Rental in the World

on by admin in Uncategorized, Comments (0)

A 133 square feet shop in New Delhi, the capital of India becomes the most expensive store in the world to fetch close to $25,000 per month as rental. According […]

Read more...

The EU Allows the US Exports to be Dual-Labelled Indefinitely

on by admin in Uncategorized, Comments (0)

According to National Association of Manufacturers (NAM), the US and EU have resolved the protracted transatlantic trade issue concerning labelling of products imported to the EU. An EU Council Directive […]

Read more...