International Trade

Primary Industries Ministry to enhance usage of biodiesel

KUALA LUMPUR: The Primary Industries Ministry is currently conducting dialogues with industries including the automotive sector and petroleum-based companies on enhancing the use of biodiesel in the country, said its minister Teresa Kok. Up to now, there has been no development as the dialogues are ongoing. “We must get the agreement of all parties but I hope Malaysia will move forward towards that direction just as what Indonesia has done,” she told reporters after presenting excellence service awards to employees…

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Latin American Herald Tribune – Experts: Ruling on Endangered Porpoise Could Create New Snag in NAFTA Talks

LOS ANGELES – A court order that restricts seafood imports from Mexico with the aim of saving a critically endangered cetacean could further complicate efforts to renegotiate the North American Free Trade Agreement (NAFTA), according to experts. Judge Gary Katzmann of the New York City-based United States Court of International Trade handed down a ruling last week that orders the US government to ban imports of gillnet-harvested fish and fish products from northwestern Mexico’s Gulf of California. That area is…

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FOREX-Dollar holds gains after upbeat Fed stays course…

FOREX-Dollar holds gains after upbeat Fed stays course for more rate hikes By Reuters Published: 21:03 EDT, 1 August 2018 | Updated: 21:03 EDT, 1 August 2018 By Daniel Leussink TOKYO, Aug 2 (Reuters) – The U.S. dollar held onto most of its gains against major peers on Thursday after the Federal Reserve gave an upbeat assessment of the world’s biggest economy and stayed on course to gradually lift interest rates. The dollar was already well bid by worries about…

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Can the City survive Brexit? Mayor of London Sadiq Khan argues the Single Market is the City’s strength as he goes head-to-head with MP Priti Patel

Ever since the EU referendum, one of my most important jobs has been to make sure London’s voice is heard and to fight for a Brexit deal that is in the best interests of all Londoners. I’ve been doing this for more than two years now and it’s what I’m continuing to do day in, day out because jobs, livelihoods and our future prosperity is on the line. It beggars belief that only now has the government finally started to…

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Import and Export figures have fallen by 6.8% and 20.9% in 2017 respectively

Import and Export figures have fallen by 6.8% and 20.9% in 2017 respectively – Curaçao Chronicle CLOSE http://connect.facebook.net/en_US/all.js#xfbml=1(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id)){return}js=d.createElement(s);js.id=id;js.src=”http://connect.facebook.net/en_US/all.js”;fjs.parentNode.insertBefore(js,fjs)}(document,”script”,”facebook-jssdk”)); Source link

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CHINA Politburo promises ‘stable growth’. Manufacturing sector slows

Leadership speaks of “new problems and new challenges”: debt, the slowdown in growth, the tariff war with the US. Only marginal adjustments are planned. The PMI (the growth of manufacturing) in July, dropped to 51.2, the lowest value in the last five months.   Beijing (AsiaNews) – Politburo, the apex of power in China, promises to maintain economic stability, seeking to reduce debt and to face challenges such as slowing growth and an increasingly severe tariff war with the United…

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U.S.-Mexico NAFTA talks minus Canada: feds insist they’re encouraged

Andy Blatchford, The Canadian Press Published Tuesday, July 31, 2018 3:52PM EDT Last Updated Tuesday, July 31, 2018 10:01PM EDT OTTAWA — Canada’s continental partners are simply trying to work through difficult bilateral sticking points on NAFTA, federal insiders insist, even as the Canadian government appears to have been left out of ongoing talks between the United States and Mexico. A senior government official said Tuesday that the U.S. and Mexico’s return to the table to sort out their differences…

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China opening wider to the world

From the prestigious Canton Fair to the upcoming China International Import Expo (CIIE), the changes in China-hosted, large-scale trade fairs speak a lot about China’s transformation from encouraging exports to promoting both imports and exports. Hosting the import expo is conducive to expanding imports, promoting the balanced development of China’s foreign trade, and meeting people’s daily needs. On the other hand, it helps to promote Chinese innovation, industrial transformation and upgrading, deepen supply-side structural reforms, and promote greater openness. As…

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New Zealand authorities strip ivory keys from 120-year-old piano

Authorities in New Zealand have stripped the ivory keys from an antique piano after a British professor brought it with him when he emigrated with his wife and children. Julian Paton, 50, moved from Bristol to Auckland with his wife Julia, 50, and their children – Sebastian, 13, and Eva, 11 – in November last year. They took with them a 120-year-old piano that Professor Paton bought as a gift for his wife 30 years ago, which their children had…

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Malaysian companies urged to use CCIC to access China market – BorneoPost Online | Borneo , Malaysia, Sarawak Daily News

Dr Ong Kian Ming   KUALA LUMPUR:  Malaysian companies are urged to utilise the China Certification and Inspection (CCIC) Traceability System to ease market access into China. Deputy International Trade and Industry Minister Dr Ong Kian Ming said this traceability system is a service which provides support for complete supply chain traceability information, from production to consumption. “The system is accessible by the public which allows the consumers and other users to scan and generate a QR code using their mobile phones. “This…

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Tense overseas trade bosses ‘paralysed’

Tense overseas trade bosses ‘paralysed’ By Australian Associated Press Published: 23:06 EDT, 31 July 2018 | Updated: 23:06 EDT, 31 July 2018 Some international trade ministers have been “paralysed” in the tense global trade environment, Australian Trade Minister Steve Ciobo says. And a free-trade deal with India has stalled because the two sides are too far apart, especially over grain exports. In a speech to the Australian Grains Industry conference in Melbourne, Mr Ciobo said Australia was getting new trade…

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U.S. Grains Council learns about new global trade landscape

Navigating the new global trade landscape while maintaining and strengthening relationships with key partners was front and center as the U.S. Grains Council’s 58th Annual Board of Delegates Meeting began Monday in Denver. Ambassador Carla Hills, a former U.S. Trade Representative, shared her perspective on how agriculture fits in today’s global trade puzzle. “Global trade is the most effective development tool we have,” Hills said. “It enlarges economic opportunities for poor countries. It is not just a humanitarian effort; it…

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Trump’s two-track strategy: The rich get richer, the poor get distracted | Opinion

By Philip Bump After signing legislation slashing taxes last December, President Donald Trump headed to Mar-a-Lago for the holidays. In the dining room at his exclusive club, he turned to club members at a nearby table. “You all just got a lot richer,” Trump told them, no doubt to an enthusiastic reaction. Affording Mar-a-Lago’s six-figure initiation fee and $14,000-a-year membership just got a bit easier. That casual aside from Trump was the flip side to his excoriation of Charles and…

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Canada to discuss North Korea and Rohingya crisis at ASEAN meeting in Singapore

North Korea’s Foreign Minister Ri Yong Ho, Cambodia’s Foreign Minister Prak Sokhon, Canada’s Foreign Minister Chrystia Freeland, Brunei Darrussalam’s Foreign Minister Lim Jock Seng, Bangladesh’s Foreign Minister Abul Hassan Mahmood Ali, Australia’s Foreign Minister Julie Bishop and China’s Foreign Minister Wang Yi link arms during the Gala Dinner of the Association of South East Asian Nations (ASEAN) Foreign Ministers’ Meeting (AMM) and Related Meetings in Manila, Philippines, August 6, 2017. (Mark Cristino/REUTERS/Pool) Foreign Affairs Minister Chrystia Freeland plans to discuss…

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