Trade News

Wall Street turmoil tests China's foreign trade Oct 7, 2008

The disillusionment of Wall Street myth has further endangered the already downward global economy, and posed a fresh threat to China's foreign trade, which is already on the verge of collapse. 'The year 2008 has thus far proved to be the most arduous year for China's foreign trade exports since its entry into the WTO,' predicted in the beginning of th...

Illinois chemical shipper settles $115,000 export penalty Oct 7, 2008

The U.S. Commerce Department's Bureau of Industry and Security announced Oct. 3 that Nalco Co. of Naperville, Ill., agreed to pay a $115,000 civil penalty to settle charges that it made 13 unlicensed exports in violation of the Export Administration Act. Chemicals that are controlled for antiterrorism and chemical weapon reasons can be very dangerous ...

AAFA lauds extension of Andean trade pact Oct 7, 2008

American Apparel & Footwear Association President and Chief Executive Officer Kevin Burke on Friday said Congressional approval of a package of trade provisions related to the Caribbean Basin, the Andean region and Africa is to be applauded. Congress approved a one-year extension for Colombia and Peru under the Andean Trade Preferences Act), six-month...

U.S. to strengthen trade ties with Georgia at Oct. 26-28 meetings Oct 7, 2008

The U.S. Commerce Department will host the U.S.-Georgia Business Summit as part of a U.S.-led trade mission to Tbilisi, Georgia, on Oct. 26-28. The department said the summit, scheduled for Oct. 27, will highlight U.S. resources for expanding trade and investment with the recently war-battered Black Sea country. Summit participants will include Georgian ...

Ashton to EU trade commissioner as Mandelson moves back to cabinet Oct 7, 2008

EU Trade Commissioner Peter Mandelson has decided to step down from the position to take a spot in the cabinet of U.K. Prime Minister Gordon Brown's government. It will be the third time Mandelson has served in the cabinet. His likely replacement will be Catherine Ashton, a Labour member of the House of Lords in Britain, after her name was put forward...

China Regrets EU's Anti-dumping Duties on Chinese Shoes Oct 6, 2008

China expressed regret over the European Union's (EU) decision to launch a sunset review of anti-dumping duties on leather shoes from the country, the Ministry of Commerce (MOC) said on its website on Friday. It opposed the extension of the anti-dumping measures inflicted on the made-in-China shoes by any means, the ministry said. A split EU decid...

EU Sets Principles for Poverty Reduction Oct 6, 2008

The European Commission on Friday put forward a set of common principles to help guide European Union (EU) member states in their strategies to tackle poverty. EU national governments will be encouraged to refer to these common principles and define policies on this basis in their fight against poverty and social exclusion, said the commission, the ex...

Singapore Confident to Deal with Current Global Economic Slowdown Oct 6, 2008

Singapore is confident to sail through the rough patch of slower economic growth this year as the city state has the right fundamentals, a government minister said on Sunday. Our confidence in Singapore is very high. Across the board, manufacturing, services, people are confident about Singapore. Our property market is not as overvalued as many other ...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

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

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