Despite strong opposition from the government, the Bahraini lawmakers have passed a bill to totally disconnect with Israel which includes travel and trade. The bill needs clearance by the consultative council, a 40-member body appointed by the king to get implemented.
The AFP has reported that the draft has given nod to impose prison sentences ranging [...]
In an apparent attempt to engage domestic players into its main stream of defence production, India has released the new Defence Procurement Procedures (DPP) that would enable the Indian firms to make an entry through ‘Buy and Make’ policy. It also makes India a potential defence market for joint ventures (JV) which would ultimately help [...]
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, India, Australia, and New Zealand met to discuss about regional cooperation particularly on trade and climate. Even while it was conceived [...]
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 interim government to push the country’s economy into deep crisis. The June 28 coup which expelled Zelaya regime has plunged Honduras into [...]
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 the region. The EU sees the lack of effective mechanism to counter intellectual piracy among 10 member ASEAN states as a major impediment to [...]
In a report by a UN Agency urged countries to remove restrictions and costly fees on remittances imposed on the $40bn that the migrant workers of Africa send home each year. The report prepared by International Fund for Agricultural Development (IFAD) will be presented at the two-day Global Forum on Remittances 2009 in Tunis, Tunisia, [...]
Reeling under the bogey of growing militancy and terrorism, Pakistan is making a fresh effort to engage with countries which are interested to do business with them. The recent engagements with Cuba, Italy and South Korea besides initiations on FTA talks with the EU obviously demonstrate that Pakistan is looking for trade over aid.
When the [...]
The recently passed bill by the state of California on Sustainable Seafood Labelling (SSL) will provide consumers an opportunity to identify where the seafood is sourced and how it is produced. Under the new law, the state’s Ocean Protection Council will develop standards for what constitutes sustainable fishing practices and initiate labelling for seafood that [...]
The 39th General Annual Meeting of the Caribbean Shipping Association (CSA) in Paramaribo, Suriname has well become a platform to attract more business opportunities and improve the rating of the Surinamese ports. Guno Castelen, Commercial Manager at the Surinamese Port Authority, claimed that the CSA conference would contribute to the further transformation of Suriname’s main [...]
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 and living standards of majority workforce in poor countries. The joint study by International Labour Organization (ILO) and World Trade Organization (WTO) [...]
