AJOT Digital Edition | Issue #578

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Ocean Carrier Review

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2014 Media Kit

International Trade

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US, Vietnam eye free trade

AJOT | April 18, 2010 | International Trade

Vietnamese Prime Minister Nguyen Tan Dung said his country was eager to take the next step in expanding trade with the United States by concluding a regional free trade pact.

"I (also) want the U.S. to become the top foreign investor in Vietn Read More »

Imports of risky goods in EU hit record in 2009

AJOT | April 18, 2010 | International Trade

The number of dangerous consumer products entering the European Union, including toys and clothes, rose to a record level in 2009 and 60 percent of them came from China, the bloc said.

A report by the executive European Commission's rapid ale Read More »

US, Brazil hit on pragmatic fix to WTO cotton spat

AJOT | April 11, 2010 | International Trade

The United States headed off a move by Brazil to impose penalties on a wide range of U.S. goods by offering concessions on a export loan guarantee program and said it would try to negotiate an end to a long-standing trade spat over cotton. Read More »

Burundi needs $5.8 blllion for infrastructure

AJOT | April 11, 2010 | International Trade

Burundi needs $5.8 billion for infrastructure such as telecommunications, electricity and transport projects over the next two decades, a study by the government and African Development Bank (AfDB) showed.

The tiny central African nation is r Read More »

Yuan revaluation “China’s choice”

AJOT | April 11, 2010 | International Trade

U.S. Treasury Secretary Timothy Geithner said he was confident that China would see that it is in its own interest to make the yuan more flexible, while Beijing stoutly defended its currency policy.

Geithner, who said global economic recovery Read More »

Brazil scraps import tariff on ethanol biofuel

AJOT | April 11, 2010 | International Trade

Brazil, the world's No. 2 producer of ethanol, has scrapped a tariff on imports of the biofuel in an effort to pressure other countries to eliminate their own duties on it and enable it to export more. Read More »

US eyes options in

AJOT | April 11, 2010 | International Trade

The United States is trying to find a way to comply with a World Trade Organization ruling against its anti-dumping procedures without damaging its ability to curb unfairly traded imports, a top U.S. trade official said. Read More »

US currency push on China no slam dunk

AJOT | April 01, 2010 | International Trade

China's currency is clearly undervalued, but pressure on Beijing to make its currency rise in value won't trim the U.S. trade deficit with China or reduce the jobless rate, say American economists.

Political pressure is building on the Obama Read More »

Egypt’s GASC buys 60,000 tons of Russian wheat

AJOT | April 01, 2010 | International Trade

Egypt's main government wheat buyer said on he had bought 60,000 tons of Russian wheat for June 1-15 shipment, on a free on board basis.

Nomani Nomani, vice chairman of the General Authority for Supply Commodities (GASC), gave the following breakdown Read More »

TFS eyes Indian sandalwood growth in Australia

AJOT | April 01, 2010 | International Trade

Australia's TFS Corp , the largest grower of Indian sandalwood outside of India, plans to acquire a second planting site in Western Australia to expand by four times its capacity for growing the valuable aromatic tree.

TFS, which produces san Read More »

China to discuss Iran sanctions; Hu to visit U.S.

AJOT | April 01, 2010 | International Trade

China has agreed to serious negotiations with Western powers about imposing new sanctions on Iran and President Hu Jintao will attend a multi-nation summit on nuclear security in Washington this month, officials said.

The two moves should dil Read More »

Russia dominates neighbours in new customs union

AJOT | April 01, 2010 | International Trade

Russia's partners in a new customs union, Kazakhstan and Belarus, are getting cold feet about a pact designed to boost trade between the trio of ex-Soviet states and add clout to their WTO accession talks. Read More »

Russia lifts import bans on U.S. pork

AJOT | March 29, 2010 | International Trade

Eighteen U.S. pork plants will be able to resume shipments to Russia within days after Moscow lifted a ban that had closed the United States' fifth-largest export market for several months, officials said. Read More »

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