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Indonesia and the European Union (EU) announced that they agreed to double trade and strengthen the investment climate through capacity building and increasing funding, local media reported here on Thursday. Indonesia Trade Minister Mari Elka Pangestu said both parties decided to bring their relationship to the next level. "We realized trade growth with t...
Pineapples grown in Muxungue in Mozambique's central province of Sofala are ready to be exported to the European market following international certification, the government said on Wednesday. BCS Oko-Garantie of Germany last week certified four producers who will market their crops under the Muxungue Organic Farmers Associations. According to Deputy M...
China has become one of the most important investors in Latin America and the Caribbean accounting for almost 9 percent of the total investment flow to the region in 2010, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) said on Wednesday. "In 2010 Chinese companies invested about 15 billion U.S. dollars in countries in L...
FOR American growth to continue, US policymakers must formulate a credible medium-term austerity plan soon in the wake of Standard and Poor's downgrade of US creditworthiness, according to Canada's export bank chief economist Peter Hall. "This will likely be enough to assuage twitchy market-watchers for the time being," said Mr Hall, who is also vice pr...
PROSPECTS for world trade, particularly trade with Greater China, are bright, according to a global survey of 6,390 small and medium sized shippers in 21 countries conducted by HSBC between February 17 and March 30. "The survey points to more sustainable and balanced trade and new markets for traders around the world. The role of Greater China as the new ...
The growth of Chinese banks' foreign exchange surpluses from bank-to-client transactions accelerated in March, helping to contribute to China's rapidly expanding foreign exchange reserves, according to the State Administration of Foreign Exchange (SAFE). More foreign currencies were sold than bought through Chinese banks in March as the yuan continued t...
South Korea's central bank is mulling investments in the yuan-denominated assets in a bid to brace for the internationalization of the Chinese currency in the long term. "The central bank applied to China for qualified foreign institutional investor (QFII) status to be able to invest its foreign exchange reserves in yuan-denominated assets," an official...
A Chinese official on Tuesday predicted that China would maintain a trade surplus in the whole year of 2011, though it recorded a small foreign trade deficit in the first quarter of the year. "China's foreign trade is moving in a more balanced and coordinated way, and the proportion of trade surplus in the country's gross domestic product will continue...
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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