Trade News

Drop in numbers of overseas buyers to Canton Fair expectedApr 15, 2011

The largest trade fair in China, which is set to open Friday for its first session of 2011 in southern city of Guangzhou, is expected to have less overseas buyers than the last session due to the north African unrest, Japanese earthquake and global inflation, organizers said Thursday. The 109th China Import and Export Fair, more commonly known as the Cant...

Indonesia imposes import tariff on rice as supply improvesApr 15, 2011

Indonesian finance ministry has imposed an import tariff for rice following the improvement of supply of the commodity from domestic sources, spokesman of the ministry said on Thursday. Previously, the government canceled the import tariff following rising prices of the commodity and chillies prices due to lack of supply impacted by weather phenomenon, wh...

Vietnam, Slovakia promote cooperation in trade, investmentApr 15, 2011

Vietnam and Slovakia have many opportunities to promote cooperation in trade and investment, said Vietnamese State President Nguyen Minh Triet during a reception held here Thursday for the visiting Slovakian Economy Minister Juraj Miskov. Both sides have potentials in many fields for expanding cooperation, so the two governments' policies should be trans...

PNA welcomes opening EU markets to Palestinian productsApr 15, 2011

The Palestinian National Authority (PNA) on Thursday welcomed an European Union (EU) decision to open its markets for Palestinian agricultural and food products. Palestinian Economy Minister Hassan Abu Libda said the new agreement with the EU was part of efforts to support the building of the future Palestinian state. He noted that the agreement enables...

Wheels turning to create New Silk RoadApr 15, 2011

China is planning a "New Silk Road" that will run through Central Asia and continue into Europe facilitating improved transport and trade. The road will complement a planned "Silk Track" railway that will also boost connections with Europe and the countries in between, officials and experts have confirmed. Sources with the Xinjiang highway administratio...

Peru, Colombia sign FTA with EUApr 14, 2011

Peru, Colombia and the European Union (EU) signed a free trade agreement (FTA) in Brussels Wednesday. The total value of the agreement is worth 724 million U.S. dollars, Peru's state-run news agency Andina cited EU Trade Commissioner Karel De Gucht as saying. According to the agreement, the three sides have agreed to "eliminate distortions to their tra...

China's passenger, cargo traffic grew fast in Q1: MOTApr 14, 2011

China's Ministry of Transport said Thursday in a statement on its website that both passenger and cargo traffic saw fast growth in the first quarter. During the first three months, passenger traffic on the country's roads increased 7.8 percent to 8.11 billion persons from a year earlier, while passengers transported by ships increased 9.8 percent to 51....

China's coal exports reach 2.59 mln metric tons in MarchApr 14, 2011

China's coal exports reached 2.59 million metric tons in March this year, 14.6% more than in the same period of last year, according to statistics released by China's General Administration of Customs, China Knowledge reports. In March, China's coking coal exports were 770,000 metric tons. No import figures were available. China, the world's large...

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Qingdao Saint Voyage Log

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

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