Archive for July 2010

Cambodia Garment Strike Spotlights on Labor Rights

on July 30, 2010 by admin in ASEAN News, Economy, Malaysia News, News, Review, Trade Deals, Trade News, Comments (0)

The wraith of global meltdown is still resonating in some form or the other in most outsourcing dependent countries. The recent Cambodia garment workers’ strike turns out to be a perfect case in point to the premise. On Tuesday, the… Continue reading

Staunch Trade Ties Do Not Vouch Chinese to Invest in N-Korea

on July 28, 2010 by admin in Bilateral Trade, Business, China Business News, North Korea News, Trade Deals, Trade News, Comments (0)

A Chinese trade expert in an interview to the Global Times, a Chinese newspaper and arm of People’s Daily told many Chinese companies had lost money while trading and investing in North Korea as the country often changed its policies.… Continue reading

Your Drink Can Help Some Farmers Get Living Wages

on July 27, 2010 by admin in Africa News, Business, Economy, Mexico and the US, People, Comments (0)

TransFair USA, a non-profit organization and a third-party certifier of Fair Trade (FT) products in the US has now launched FT-labelled vodka which ensures farmers from Bolivia to fetch commensurate earnings for their produce. The organization has added on Fair… Continue reading

Mercosur-Egypt FTA Likely to Exclude Sensitive Poultry Trade

on July 26, 2010 by admin in Africa News, Business, Latin American Business, Trade Deals, Trade News, Comments (0)

The Free Trade Agreement between Mercosur and Egypt is expected to label poultry in the sensitive category as the latter fears it may adversely impact the domestic industry. According to the Al-Masry Al-Youm, an Egyptian daily, Egypt has asked for… Continue reading

Zimbabwe to Buy Small Denominations to Fix Currency Crisis

on July 20, 2010 by admin in Africa News, Business, Economics, News, Politics, South Africa News, US Business News, Comments (0)

The Finance Minister of Zimbabwe has announced that his country would import small change to stave off worsening currency problems. The day to day lives of the Zimbabweans have become difficult ever since the country experienced severe shortage of small… Continue reading

Indo-Pak Ties – The Chokepoint for Indian Exports to Afghan

on July 19, 2010 by admin in Bilateral Trade, Export News, Indian Exports, News, Pakistan News, Politics, Trade Deals, Trade News, Comments (0)

The trade treaty signed on Sunday between Pakistan and Afghanistan has become a major embarrassment to the visiting US Secretary of State Hillary Clinton as the deal conspicuously disallows Indian exports to Afghanistan through Wagah border while permitting Afghani exports… Continue reading

Portugal and Turkey Ink Landmark Visa Exemption Deal

on July 18, 2010 by admin in Business, EU News, Tourism News, Trade Deals, Trade News, Travel News, Turkey News, Work, Comments (0)

Turkish Foreign Minister’s one day visit to Portugal has culminated in the signing of a mutually beneficial partial visa exemption agreement. According to the deal, citizens of both countries who have special or service passports will be able to travel… Continue reading

Viet Nam Eyes Robust Myanmar Market

on July 15, 2010 by admin in ASEAN News, Bilateral Trade, Blog, Business, Export News, Import News, Politics, Trade Deals, Trade News, Comments (0)

The Viet Nam Ambassador to Myanmar feels that Myanmar has all the trappings of providing big returns for investments ranging from mining, forestry management, agriculture and aquaculture to telecommunication, tourism and health-care services. Myanmar had a population of 56mn, and… Continue reading

Kuwait Out-reaches to South America for Bettering Ties

on July 15, 2010 by admin in Business, Economy, Export News, Latin American Business, Comments (0)

A high profile delegation headed by the Prime Minister of Kuwait Sheikh Nasser Al Mohammed will begin its tour of South America on Wednesday. The three-week trip to nine countries including Antigua and Barbuda, Cuba, Brazil, Argentina, Chile and Mexico… Continue reading

EAC Common Market Likely to Slash Cost of Consumables

on July 12, 2010 by admin in Africa News, Business, Export News, Import News, Trade Deals, Trade News, Comments (0)

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 consumables. Though the EACM may take almost… Continue reading

Indo-Bhutan Power Trade to Reciprocally Obviate Dearth

on July 10, 2010 by admin in Bilateral Trade, Business, Economy, Export News, Import News, India, India News, Indian Exports, News, Trade Deals, Trade News, Comments (0)

India’s plan to create over $1bn sovereign-backed fund to boost trade and investment for domestic power utilities in South Asia will largely benefit Bhutan to fund its power distribution projects to its remote areas. Riding high on generating 45 percent… Continue reading

Foul German Cheese Savour Protests from Italian Farmers

on July 9, 2010 by admin in Bilateral Trade, Business, Dairy News, Dairy Trade, Export News, Import News, Trade Deals, Comments (0)

A multitude of Italian farmers converged on the Austrian border to protest at the importation of tainted cheese from Germany with Italian-sounding brand names. The demonstration was held on account of last month’s seizure of a consignment of 70,000 German… Continue reading

EU Prez Tours West Balkans to Assuage Fears on EU Accession

on July 6, 2010 by admin in Albania News, Economy, EU News, Kosovo News, Serbia News, Trade News, Turkey News, Comments (0)

The European Union President Herman Van Rompuy has made a whirlwind trip to the Western Balkan states starting from Slovenia through Croatia, Serbia and Kosovo to demonstrate the Union’s commitment for expansion. The EU head’s visit to the countries that… Continue reading

Jabulani Controversy May Favour Dwindling Pakistani Exports

on July 2, 2010 by admin in Africa News, Business, Export News, Global Export News, Import News, Pakistan News, Trade News, Comments (0)

The hullabaloo over Jabulani, the official FIFA World Cup football may help the failing exports of Pakistan if the soccer governing body opted for Pakistan’s hand-stitched footballs over the Chinese thermally bonded ones after the tournament. Last week, FIFA stated… Continue reading