Trade News

China, Germany sign billions of dollars in dealsJul 19, 2010

BEIJING - China and Germany inked ten cooperation agreements in Beijing on Friday ranging from green energy, culture to the establishment of joint venture on truck and lorries production. Chinese Premier Wen Jiabao and visiting German Chancellor Angela Merkel witnessed the signing ceremony. The agreements include a financial cooperation agreement wh...

Jordan's exports to EU up by over 50% in first five monthsJul 19, 2010

Jordan's exports to the European Union (EU) countries increased by 52.6 percent during the first five months of 2010, compared to the same period of 2009, according to official figures. The Arab kingdom's exports to the EU states during the January- May period of 2010 reached 75.2 million Jordanian dinars (about 106 million U.S. dollars) compared to 4...

China makes revised offer for WTO pactJul 16, 2010

WASHINGTON: The United States on Thursday said China had submitted an improved offer to join a WTO pact that allows members better access to lucrative government contracts. "China submitted its revised offer last week. We are still analyzing it but we recognize that it includes significant improvements over its initial offer that was submitted at the en...

Ecuador, China sign cooperation agreementJul 16, 2010

Ecuador and China have signed an agreement of cooperation with a potential investment of 1 billion U.S. dollars, the Ecuadorian presidential office said on Wednesday. The agreement was signed here by Ecuador's National Secretary of Planning and Development (Senplades) and the Chinese company CAMC Engineering. The projects will involve areas of grai...

Brazilian industry union sees difficulties at Mercosur-EU trade talksJul 16, 2010

Differences between Mercosur members have made it difficult for Brazil to have direct negotiations with the EU, said a Brazilian union leader on Wednesday. "If we were alone, it would be easier. It is clear that together we strengthen the economic issue, but on the other hand, there are differences between the Mercosur members," Robson Andrade, presiden...

Business leaders call for "balanced" trade deal between Mercosur, EUJul 16, 2010

Brazilian and European business leaders gathered here on Wednesday to urge their governments to reach an "ambitious and balanced" trade agreement between Mercosur and the EU, and give first priority to the conclusion of the WTO Doha round talks. The Fourth EU-Brazil Business Summit, held on Wednesday, was attended by executives of large companies and in...

S. Korea's exports surge in H1 amid economic recovery Jul 16, 2010

South Korea's exports expanded 34.4 percent year-on-year in the first half on the back of an economic recovery, a government report said Thursday. According to the report by the Korea Customs Service (KCS), exports totaled a record high of 221.5 billion U.S. dollars during the January-June period, up from a 164.8 billion U.S. dollars a year ago. Me...

East China's Jiangsu to suffer most from cancellation of tax rebate Jul 16, 2010

East China's Jiangsu Province, a major exporter, will feel the sting the most from China's cancellation of a tax rebate Thursday. China's Ministry of Finance and the State Taxation Administration will cancel export tax rebates for 406 commodities, including steel, nonferrous metal building materials and chemicals, from July 15, as China draws down st...

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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