The US exported US$528 million in trade value to Cuba in 2009, a drop from the $710 million shipped in 2008 and if the trend continues this year, it will be the third consecutive year in which Cuba's trade with the United States has fallen. Fewer than 20 per cent of containers expected to leave Houston for Cuba had set sail, according to CMA CGM strate...
QINZHOU, the nearest Chinese city to an ASEAN country - Vietnam - posted a 24 per cent increase in trade value with the trading bloc to US$298 million in first three quarters, reports Xinhua. Vietnam is the city's largest trading partner with a value of $240 million, growing 29.2 per cent in the first three quarters. Petty trade in the border areas of ...
The Russian government does not rule out the possibility of starting to import grain, as an option in case the prices of the national grain market rise sharply, Russian Prime Minister Vladimir Putin said on Monday. "If we see the prices grow, we'll channel the extra supplies of grain into the domestic market (from abroad)," Putin was quoted by local me...
The Malaysian economic performance of the fourth quarter this year will be a rigorous test to the country's economy when the influence of positive factors are fading. In the first half of 2010, the Malaysian economy has grown rapidly, driven mainly by restocking activities. The Malaysian economy surged by 10.1 percent and 8.9 percent in the first t...
The weekly average oil price of OPEC declined slightly to 81.43 U.S. dollars per barrel last week, the Vienna-based cartel said Monday. The price begun to fall in the previous week, the first decline in three weeks. OPEC (Organization of Petroleum Exporting Countries) saw thin trading due to the Thanksgiving Day holiday last week, and there was also...
The World Trade Organization has upheld New Zealand's case against Australia for blocking apple exports. The WTO appeal body's ruling should clear the way for New Zealand to resume apple exports to Australia for the first time since 1921. It backed most of New Zealand's claims that Australian quarantine measures breached world trade rules. New Ze...
Foreign direct investment in Tunisia increased by 7.6 percent in the first 10 months of 2010, the official TAP news agency said on Monday. Analysis of the flow of foreign direct investment reveals a strong focus on energy and manufacturing industries with respective values of 1,050 million Tunisian dinars (around 700 million U.S. dollars) and 4,292 mill...
Experts and industry insiders have called for more cooperation in the petrochemical industry between the Chinese mainland and Taiwan. Both sides of the Taiwan Strait can develop all-round cooperation in the petrochemical industry, including by expanding joint exploration efforts for oil and gas, Sheng Huaren, honorary president of the China Petroleum an...
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.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi