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The U.S. government on Thursday appealed part of the ruling by the World Trade Organization (WTO) over European subsidies provided to Airbus, even though it had claimed the ruling as a "landmark victory" on its part. "The United States is challenging the WTO panel's finding that the launch aid granted to Airbus over the course of 40 years was not part ...
Exports of Russian crude oil in Jan-Jun., 2010 slightly increased (0.2%) as compared with H1, 2009, to 123.3 million tons, the Russian Federal State Statistics Service said. In the first half of the year, Russia also imported 1.1 million tons of oil. June crude exports rose to 20.7 million tons, a 0.5% gain from this year June. In January-June, 2010...
COPENHAGEN - The Chinese market is gaining clout in the global economy, and ranks only after North America in importance for Danish companies, a Danish newspaper said Wednesday. According to a report in the Berlingske Tidende, Danish companies now expect to consolidate their position in China, the world's largest emerging market. Equipment gi...
China has developed ways to increase imports such as the cancellation of quotas and will implement more as early as September, the National Business Daily reported, citing an unidentified official at the Ministry of Commerce. China's trade surplus for the first seven months reached $83.93 billion, down 21.2 percent over the same period as last year, ac...
South Korea and the European Union ( EU) are expected to ink the bilateral free trade agreement (FTA) in October, South Korea's trade ministry said Wednesday. "As for now, we expect the EU will be able to get the so-called 'mandate' in its September ministerial level meeting, which is in need of the final signing," Ahn Ho-young, deputy minister for t...
South Korea saw a sharp hike in imports of luxury items thanks to a fast recovering economy, the Seoul customs office said Wednesday. According to the Korea Customs Service (KCS), South Korea reported a 143.9 percent year-on-year gain in imported foreign- made automobiles, with the import amount standing at 214 million U. S. dollars. For the first s...
China on Tuesday reportedly added 15 government departments under the State Council's ministries into its latest offer to join the government procurement agreement (GPA) of the World Trade Organization (WTO), a move that may help push forward the country's ongoing negotiations with GPA members. The newly added departments include the State Administrat...
The Panamanian government said Wednesday that the free trade agreement (FTA) with Canada will open a new market of high purchasing power for Panamanian products. It increases Panamanian goods and services exports to a market of more than 30 million consumers, Commerce and Industry Minister Roberto Henriquez said in a statement. Trade with Canada wil...
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
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