Currently browsing;Global Trade relations
- NAFTA Trade Fell Each Month This Year
The Journal of Commerce reports the twelfth month of decline in trade for the NAFTA countries. U.S trade with Mexico and Canada dropped to $57.3 billion, 20 percent lower than in 2008. More than 85 percent of trade between Mexico and Canada is through surface transportation. According to the article, it is believed 2010 will [...] - A New Free Trade Agreement Between Peru and European Countries
The New York Times reports that Peru has recently signed a Free Trade Agreement with four European countries, Switzerland, Norway, Iceland and Liechtenstein. Compared to last year, Peruvian imports and exports are more than a billion U.S. dollars in trade with these four countries, and Peruvian exports has risen by 18 percent . The new trade agreement will benefit the fishing [...] - India and the EU Hopeful For Free Trade Agreement in the Coming Year
World Trade magazine reports that India and the European Union have re-ignited discussions to create a free trade agreement between the two parties. Discussions originially began in 2007, but was slowed because of differences on intellectual property rights and fusing trading best practices with climate change. “Despite the economic slowdown, I am happy to note that [...] - Obama and Hu Jintao to Talk Trade Among Topics to Discuss
President Obama landed in China on Sunday to discuss some much needed topics with President Hu Jintao, according to Time magazine. One topic is trade. In recent months, trade issues has been heated between the two nations as both have thrown around the idea that each nation is participating in protectionism since the recession began. “They’re working through [...] - Germany is Heading Out of the Recession
Germany has seen positive economic growth as exports has increased and the government’s stimulus package encouraged corporate spending. Exports and investment in construction and equipment has been the main drivers of its economics growth for Q3. “The bad times are over but the good times have not started yet,” said Carsten Brzeski, senior economist at ING [...] - New European Trade Measure Not Caused by Protectionism
The New York Times reports that European exporters has been confronted with more than 223 new and restrictive trade measures since the beginning of the trade crisis last year, but has avoided protectionism. A new report out last Friday introduces the new trade measures issues by EU Commission and its trading partners. “Proliferation of the kind of beggar-thy-neighbor [...] - CTDI Reduces Corporate Risk with Management Dynamics’ RPS On-Demand Solution
Technology Services Company Improves Trade Compliance with Comprehensive Screening of Restricted Parties EAST RUTHERFORD, NJ, November 5, 2009 – Management Dynamics, a leading provider of Global Trade Management (GTM) solutions, today announced that Communications Test Design, Inc (CTDI), a full service global engineering, repair and logistics company, implemented its RPS On-Demand solution, an advanced risk [...] - Chinese-Made Products to Be Made Safe
According to Industry Week, China and the United States are serious about combining efforts to reduce the number of issues with the safety of Chinese-made toys, drywall and other consumer goods that have made a number of people sick or injured. China’s reputation of corruption in the manufacturing industry in recent years has pushed the General [...] - The Recession May Be A Thing in the Past
According to the Journal of Commerce, the economy has seen a 3.5 percent increase in the third quarter, making experts believe the recession may soon be over. Economists feel the government stimulus plan helped consumers spend, particularly in the auto industry. Imports of goods grew 20 percent after falling 16.5 percent in the previous quarter while exports [...] - “European and North American Politicians Are Plotting the Biggest Trade Deal of the 21st Century”
According to CNN, EU and Canadian officials sat down in Prague to begin discussions on a new Free Trade Agreement. Let’s just say, discussions went well because if the other NAFTA countries sign in, this could be the ‘biggest trade deal of the 21st century.’ NAFTA-EU trade would contain nearly 1 billion people and account for $35.2 [...]
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