Archive For August 2009

Indian Commerce Ministry Releases New Foreign Trade Policy

on August 30, 2009 by admin in Business, Economy, India, World Business News, Comments (0)

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 shift their […]

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New Mexico Gov Calls the Trade Mission to Cuba Productive

on by admin in Business, Comments (0)

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’. Richardson […]

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Serbia Cements Ties with China – Tadic Concludes Tour

on by admin in Business, Comments (0)

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 […]

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UN Program Helps Haiti to Combat Food Shortage

on August 23, 2009 by admin in Business, News, World Business, Comments (0)

According to the UN press release, a scheme intended to improve food security of Haiti and thereby lower food prices has come to fruition with considerable increase in the income […]

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Malaysia-EU Timber Trade Deal by Year End

on August 20, 2009 by admin in Business, Economy, News, World Business, Comments (0)

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 […]

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Peru to be the World Leader of Coca Production in Two Years

on August 19, 2009 by admin in Business, Economy, World Business News, Comments (0)

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 […]

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Jamaican Businesses Pulled Up by Rising Bad Debts

on August 17, 2009 by admin in Business, Economy, News, World Business News, Comments (0)

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 […]

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Trinidad and Tobago Hopeful of Trade Deal with Canada

on August 14, 2009 by admin in Business, News, World Business, Comments (0)

During a seminar held at St Augustine, Trinidad and Tobago (T&T), Carl Francis, permanent secretary in the Ministry of Trade and Industry of T&T said the trade partnership with Canada […]

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Iranian Exports to Ecuador Soar

on August 13, 2009 by admin in Business, News, World Business, Comments (0)

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 […]

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e-Modernization of Palestinian Customs to Boost Trade

on August 11, 2009 by admin in E-Commerce, News, Trade News, Comments (0)

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 international trade processes […]

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Sandstorms Shrink UAE’s Solar Power Generation

on August 10, 2009 by admin in Business, Economy, World Business, Comments (0)

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 […]

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Spain Continues to Be Haunted by Bankruptcy Bogey

on August 8, 2009 by admin in Business, Economy, News, Comments (0)

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 […]

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Bolivia Begins Estimation on Its Lithium Reserves

on August 6, 2009 by admin in Business, Economy, Comments (0)

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 […]

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Cambodia Aims to Cut Lobster Imports Within Five Years

on August 4, 2009 by admin in Business, Trade News, World Business, Comments (0)

Cambodian government has launched a massive lobster hatching program to reduce dependence on imports. According to the Cambodia’s Department of Fisheries, the project initiated by the government will be able […]

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India and Nigeria to Streamline Pharma Exports

on August 3, 2009 by admin in Business, Comments (0)

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 […]

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