Italian companies showed their interest to invest 150 million U.S. dollars in establishing cold storage units and refrigerator containers in Pakistan's eastern province Punjab, local media reported on Friday. An Italian delegation comprising members of Italian Development Council (IDC) and SIMEST, member of European Development Finance Institutions, vi...
The European Union (EU) on Thursday launched an anti-subsidy probe into wireless modems imported from China, after it targeted the same Chinese product with two separate investigations of anti-dumping and safeguards measures in June. It is the first time that the EU has initiated triple investigations simultaneously into a single Chinese product, which ...
BEIJING - China is expressing its concern about the European Union's investigations into Chinese-made wireless wide area networking (WWAN) modems, said a spokesman for the Ministry of Commerce (MOC) on Thursday. Yao Jian, the spokesman, made the remarks after the EU said it was conducting an anti-subsidy investigation into the devices. The EU launc...
China will flex its muscles to boost the low-carbon economy and green industry, in a bid to help upgrade the development mode of exports, said a senior government official Thursday. Gao Hucheng, Vice Minister of Commerce, said at an energy forum in Taiyuan, capital of Shanxi Province, that China has risen to become one of the world's largest exporters,...
Australia's manufacturing weakened in the September quarter against the backdrop of international economic uncertainty and a drawn-out federal election, a new business survey suggested on Thursday. The Westpac-Australian Chamber of Commerce and Industry survey of industrial trends, released on Thursday, showed its actual composite index falling 7.1 poi...
Australia's economic strength is no longer marching in step with the U.S. economy, and is instead increasingly reliant on China, Reserve Bank of Australia (RBA) said on Thursday. Over the past decade it had become apparent Australia's economy was growing in step with China, a major consumer of Australia's natural resources. "A decade or so ago, w...
The bilateral free trade deal between South Korea and the European Union (EU) will take effect on July 1, 2011 as the 27 EU members approved the pact, South Korean media reported Thursday. Trade ministers from the 27-member union, who met in Brussels, agreed to have the trade pact to take effect on July 1 next year according to negotiations between the ...
The European Union on Thursday said it has agreed to sign a free trade deal with South Korea at a summit with the Asian country in October. Belgian Foreign Minister Stevn Vanackere said at a press conference that a compromise on the agreement was reached after "intense negotiations." The two sides, he said, will formally sign the agreement at the EU-Kor...
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