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Exports from Latin America and the Caribbean will grow 21.4 percent this year, mainly boosted by the sales of South American raw materials, the Economic Commission for Latin American and the Caribbean said Thursday. The UN body said in a report that the advance is due to growing exports to Asia, mainly China, and the normalization of U.S. demand. Howeve...
Nepali government has imposed a ban on gold imports to deal with the mounting pressure such imports been exerting on the country's foreign currency reserves. "We have decided to completely bar the imports from Friday and the decision will remain in effect till further notice," Ganesh Dhakal, joint-secretary at the Ministry of Commerce and Supplies ( Mo...
South Korea's trade surplus marked 2.07 billion U.S. dollars in August, standing in positive territory for the seventh consecutive month, a government report showed Wednesday. The trade surplus, however, more than halved from July when the figure posted 5.51 billion U.S. dollars, according to the report by the Ministry of Knowledge Ministry. While ...
China needs to raise the proportion of Chinese brands in its exports, to improve the nation's trade quality and efficiency, a senior official said here Wednesday. Chinese brands make up less than 10 percent of China's exports, said Fu Shuangjian, deputy director at the State Administration for Industry and Commerce (SAIC), at the 2010 China Trademark ...
Turkish exports rose by 11.44 percent year-on-year in August 2010, reaching 8.56 billion U.S. dollars, Turkish Exporters' Assembly (TIM) said Wednesday. Turkey's exports in January-August period rose by 12.95 percent and amounted to 72.96 billion dollars, TIM said at a press conference held here on Wednesday. It said that the ready-made-clothes an...
China's Ministry of Commerce (MOC) Wednesday expressed "serious concern" about the United States' proposed strengthening of its trade remedy practices. The MOC said the move will undermine order in international trade. U.S. attempts to increase exports should rely on improvements in its industrial competitiveness and an open international trade en...
Brazil registered a trade surplus of 11.673 billion U.S. dollars in the first eight months of the year, down 41.6 percent year on year, the government said Wednesday. The lower figures are due to the fact imports grew much more faster than exports over the period, said the Development, Industry and Trade Ministry (MDIC) in a statement. The country'...
INDIA-China trade reached US$32 billion in the first half and is forecast to hit $60 billion by the end of the year, up 43 per cent on last year's full-year figure of $42 billion, and 20-fold more than it was in 2000. India Trade Promotion Organisation chairman Scubas Pain said: "India aims to double trade with China in four years. It's ambitious, but...
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