Currently browsing;Global Trade relations
- Encouraged Bilateral Trade for Small to Mid-sized U.S.Companies to India
According to American Shipper magazine, both the U.S. and Indian government has announced an incentive to encourage small to mid-sized companies to trade bilaterally between the two countries. “There is almost limitless potential for growth in trade between our two countries, and that can contribute to economic recovery and job creation in the United States [...] - “China’s Imports is a Source of Support for the Global Economy”
BusinessWeek reports that China Trade surplus fell making many believe that China is not just an exporting country anymore. Imports rose a more than 44.7 percent from a year ago, the Chinese customs bureau reported on its Web site today. The surplus was $7.61 billion, and exports gained 45.7 percent. “The sustained strength in China’s imports is [...] - Ocean World Lines Sails Ahead with New Order Tracking Portal
Ocean World Lines Sails Ahead with New Order Tracking Portal Powered by Management Dynamics’ Supply Chain Visibility Solution Leading NVOCC Launches OWL360° to Offer Comprehensive Value-added Service to Customers EAST RUTHERFORD, NJ, December 17, 2009 — Management Dynamics, a leading provider of global trade management solutions, today announced that Ocean World Lines (OWL), a [...] - House Votes Extends Trade Programs
On Monday, the House voted to extend two trade programs for one more year, according to the Journal of Commerce. The General System of Preferences and the Andean Trade Preference Act will expire December 31st and have been enacted for several years. The General System of Preferences allows developing nations to export selected goods to [...] - Doha Round Still Unresolved
On Wednesday, 153 nations met to discuss the Doha Round, but left with little to no progress, states the Wall Street Journal. The Doha Round plan was created with a mission of opening rich-country markets to import food from the developing world. After eight years, little development has been made. Furthermore, issues such as the drop in [...] - 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 [...] - 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 [...] - 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 [...] - 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 [...] - 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 [...]
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