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China will prolong its anti-dumping probe into imports of caprolactam, a widely used synthetic polymer, from the European Union and the United States, for six months, said the Ministry of Commerce (MOC) Friday. The probe then will end on Oct. 22, 2011, half a year later from the previous deadline of April 22, said a statement on the MOC website. The...
The Commonwealth of Independent States (CIS) states will discuss a draft agreement on a free trade zone at its 49th Economic Council meeting in Yalta, southern Ukraine Friday. The draft agreement provided for minimizing the number of goods on which import duties apply, Ukrainian Ukrinform news agency reported. Preparations for a 20th anniversary of ...
The Commonwealth of Independent States (CIS) members approved a free trade zone draft agreement, CIS Executive Secretary Sergei Lebedev said on Friday. "The draft treaty was virtually approved. There are some issues that are still requiring further coordination and discussion," Lebedev told a press conference after the 49th meeting of the CIS Economic C...
China said Saturday that it hoped to see equal opening-up within the World Trade Organization. "Before China further opens up some sectors, we hope to get in return equal opening-up within the WTO, and some developed countries in particular can open corresponding sectors," said Chen Deming, China's commerce minister, at the Boao Forum for Asia annual m...
Chinese Vice Premier Wang Qishan has underscored balancing trade through stabilizing exports and increasing imports. More efforts should be made to improve trade policy, expand the market and facilitate trade activities, Wang said during his visit to the 109th Canton Fair in south China's Guangdong Province, on Friday. China's economic restructuri...
The Philippines was able to secure an additional 60,000 metric tons (MT) of sugar which it can export to the United States on top of the approved export quota of 136, 000 MT. In a statement on Friday, Philippines' Sugar Regulatory Administration (SRA) said they met with U.S. counterparts to request for the additional quota, but added that they may not fi...
The Canton Fair, China's largest trade fair and a key indicator of the country's trade and economic development, opened Friday amid growing inflation concerns weighing on the nation's exporters. In addition to exploring business opportunities, the multitudes of sellers and buyers at the fair, officially known as the China Import and Export Fair, are ke...
Hanjin Shipping announced Thursday a rate restoration plan for Asia-Europe trades starting 15 May. “Despite our utmost efforts to reduce costs, it is inevitable for us to restore rates in order to maintain service quality and schedule reliability in the midst of hiking operation expenses,” the South Korea-based shipping firm said in a statement....
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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