Negotiations on Indo–Australian FTA Soon

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 study report on the pact. Peter Varghese, the newly-appointed high commissioner was in India with a mission to assuage safety concerns of the Indian students [...]

Arab Banking Conference to Focus on Reforms and Investments

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 of Arab Banks (UAB) stated. The UAB which is headquartered in Sharjah and groups nearly 400 Arab banks appealed to the banks in [...]

EU Allays Fears of Italian Auto Industry over S-Korean FTA

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. The EU Commissioner Catherine Ashton said it was estimated that Italian economy could earn $194mn per year while the FTA would allow [...]

Ethiopia to be the Cynosure of African Trade

The multi-million dollar Africa International Trade Centre which is coming up at Ethiopia’s capital, Addis Ababa is expected to transform the country to be the trade hub of the African continent. The centre owned by the Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) at current estimations will cost about $23mn.
Ato Eyesuswork Zafu, the [...]

Australian SMEs Optimistic – Jobs by Next Quarter

A survey indicated Australian small businesses are confident after two strong quarters of business to reach a record high above the peak confidence level of August 2007. The recent survey by Sensis Business Index, showed confidence of the SMEs had increased by 20 points to 50 percent in the September quarter, and is now at [...]

Poor Agri-Infrastructure Fail Nigerian Fruit Exports

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 traders consider the month of Ramadan as the most favourable season of the year as fasting Muslims prefer fresh fruits over other food items.
Though Nigeria [...]

Bangladeshi SMEs Want Regulatory Barriers Disposed

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 of global recognition. The meet to address Regulatory Barriers Facing SME Development in Bangladesh became a platform to discuss bottlenecks in the system that [...]

Japan to Open Doors for Food Products from Ukraine

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 between both countries. The Ukrainian team said that the country was in a position to provide quality food items as it maintained international standards in [...]

New Zealand Redundancy Protection Bill to Worry Businesses

The Redundancy Protection Bill (RPB), the brainchild of the Labour MP Darien Fenton is likely to cause severe damage to several businesses, particularly SMEs while protecting the hapless workers who are losing jobs due to ongoing slowdown. Max Whitehead, the chief of the Whitehead Group, a leading employment firm stated that if passed, RPB could [...]

Japanese Morning Banana Diet Lifts Filipino Exports

A sudden rise in banana consumption in Japan owing to the Morning Banana Diet (MBD) designed by Hitoshi Watanabe and wife Sumiko to lose weight in last September has significantly helped the Philippine banana exports to register record growth this year. Banana eating came into vogue in Japan after several people began posting the success [...]

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