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Chinese bicycle makers Thursday urged the European Union (EU) to drop anti-dumping duties which have been imposed on their products for 17 years. "The EU bicycle industry does not merit the protection of further extension of anti-dumping measures targeting Chinese imports," representatives of Chinese bicycle manufacturers said in a statement before atte...
OVER the past decade trade between the United States and India has surged by 169 per cent to reach US$38.5 billion in 2010, according to statistics from Veritrade. During this period, US exports to India have soared by almost 350 per cent since 2000, making India the 17th-largest market for US products and representing 1.6 per cent of all US exports, re...
BEIJING - Despite global pessimism about the stagnation of the Doha Round of talks of the World Trade Organization (WTO), the Chinese Ministry of Commerce has appealed for their conclusion in 2011. The ministry has also called for global politicians to show stronger political willpower to promote progress in the talks, which have been ongoing for nine y...
Australia's Exoma Energy Ltd has signed an agreement with Chinese energy giant China National Offshore Oil Corporation (CNOOC) to sell a 50 percent interest in its gas exploration permits in Queensland's Galilee Basin, the Brisbane based oil and gas exploration company announced on Thursday. Under the agreement, an Australian subsidiary of China Natio...
The recent financial crisis stems from the growing disruptions to the order established after the Second World War, the WTO Director-General Pascal Lamy said Wednesday at the United Nations Offices in Geneva, calling for a reform in the entire global economic governance system. Speaking to diplomatic missions and UN personnel at the Geneva Lecture Serie...
Financial expert Jim Rogers said on Tuesday that China's Central Bank was doing the right thing by raising interest rate to curb inflation in China right now. "As we may all know that China is facing serious inflation problems. However, the Central Bank of China is doing the right thing to curb the inflation by raising interest rate and commercial bank...
India's exports grew by 26.8 percent to 18.9 billion U.S. dollars in November, while imports increased 11.2 percent to 27.8 billion U.S. dollars, reported the Indo-Asian News Service Wednesday. This narrowed trade deficit to 8.9 billion U.S. dollars in the month, the report quoted Indian Commerce Secretary Rahul Khullar as saying. "There is huge tu...
Ukraine on Wednesday decided to extend its grain export quotas until the end of March of 2011, while it also announced to higher the cap. The period of extension was shorter than that in an announcement last month which said that quotas would be prolonged until next July. "We have also decided to increase it by 1.5 million tons -- 500,000 million fo...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
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