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Issue #587

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Project Cargo / Heavy Lift Bi-Annial

South Carolina Ports

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2014 Media Kit

International Trade

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Iran cargo ship, seized in Hong Kong, released

AJOT | February 27, 2011 | International Trade

Iran has secured the release of a container ship seized by authorities in Hong Kong more than three months ago due to sanctions-related problems, the semi-official Fars news agency reported.

Five vessels operated by the Islamic Republic of Iran Shippi Read More »

China denies study on EU telecom subsidies

AJOT | February 27, 2011 | International Trade

China's commerce ministry denied conducting a study on European Union subsidies for telecom firms but said any such trade protectionism is unacceptable.

A faxed statement from the Ministry of Commerce added that it would pay close attention to informa Read More »

Huawei calls on US government to investigate it

AJOT | February 27, 2011 | International Trade

China's Huawei Technologies Co has challenged the United States to launch a formal investigation into its business, in an attempt by one of the world's largest telecommunications equipment makers to clear its name from allegations that have blocked U.S. d Read More »

EU states vote to tax ceramic tiles from China

AJOT | February 27, 2011 | International Trade

European governments approved plans to impose import taxes on Chinese bathroom, kitchen and paving tiles, EU diplomats said, in a bid to quell a price war in a 4 billion euro market.

A majority of envoys from EU countries backed import duties of up to Read More »

EU trade chief: industry must expose China state aid

AJOT | February 27, 2011 | International Trade

The European Union will take further action against Chinese state subsidies that hurt European interests, but regulators need European whistleblowers to help them succeed, the EU's trade chief said.

"We have come to the conclusion in the European Comm Read More »

South Africa suspends beef exports due to foot and mouth

AJOT | February 27, 2011 | International Trade

Suspected outbreak of foot and mouth disease in the eastern part of the country, Agriculture Minister Tina Joemat-Pettersson said.

"We have suspended all exports of cloven hoofed animals (such as) cattle, goats, sheep and their products with immediate Read More »

Russia to cut timber duty when joins WTO

AJOT | February 27, 2011 | International Trade

Russia will cut tariffs on timber sales to the European Union by two thirds as soon as it joins the World Trade Organization, which could be by the end of the year, Europe's trade chief said.

The 153 members of the global trade body were likely to acc Read More »

Japan Jan exports slow but recovery still intact

AJOT | February 23, 2011 | International Trade

Japan's annual export growth slowed to its weakest pace in more than a year in January and the trade balance swung to a deficit for the first time in almost two years as shipments to China lost steam, but economists say the central bank's forecast for an Read More »

Huawei wins preliminary order in Motorola case

AJOT | February 23, 2011 | International Trade

China's Huawei Technologies Co won a federal court order barring Motorola Solutions Inc from disclosing a variety of confidential Huawei information to rival Nokia Siemens Networks.

But Motorola Solutions said it was pleased that the judge denied Huaw Read More »

Doha deal key to more exports to India, Brazil

AJOT | February 23, 2011 | International Trade

U.S. exports to India, Brazil and other fast-growing emerging markets could remain relatively flat in the absence of a new world trade deal, the White House said on Wednesday in its annual economic report.

"A key item on the administration's trade age Read More »

US Treasury says cut non-tariff barriers in Asia trade pact

AJOT | February 23, 2011 | International Trade

The U.S. Treasury Department wants a proposed pan-Asian free trade pact to reduce non-tariff barriers that prevent many small businesses from participating in global trade, a senior U.S. Treasury official said.

Charles Collyns, Treasury assistant secr Read More »

Western Canada lumber sales to China soar in 2010

AJOT | February 23, 2011 | International Trade

Lumber sales to China from British Columbia skyrocketed last year and a top official in Canada's largest timber-exporting province believes it can continue to grow despite increasing U.S. competition.

Forestry firms in the western Canadian province sh Read More »

UAE trade insurance costs may jump on regional woes

AJOT | February 23, 2011 | International Trade

Trade insurance costs for United Arab Emirates exporters may jump by up to 20 percent in the short term due to ongoing political turmoil in the Arab world, the Gulf Arab country's export credit agency said.

Popular unrest over entrenched poverty and h Read More »

India’s ballooning trade deficit unsustainable

AJOT | February 23, 2011 | International Trade

The Indian government raised "serious concern" about a trade deficit that could more than double to $278.5 billion in three years and may cause an unsustainable current account deficit.

The trade deficit of Asia's third-largest economy could widen to Read More »

WTO issues ruling on China export restraints

AJOT | February 21, 2011 | International Trade

U.S. trade officials confirmed that the World Trade Organization has issued a preliminary ruling in a case against Chinese export restrictions on certain industrial raw materials but said they could not comment yet on the decision.

"We can confirm tha Read More »

India, Kenya trade to rise 25% in 2011

AJOT | February 21, 2011 | International Trade

Trade between India and Kenya is likely to rise by 20-25 percent this year after growing 23 percent in 2010, New Delhi's envoy to Nairobi said.

Turnover between the two was worth $1.41 billion in 2010, heavily titled in India's favour. Kenya exported Read More »

Colombia sees trade deal with South.Korea, eyes Japan

AJOT | February 21, 2011 | International Trade

Colombia expects to finish a free trade pact with South Korea before the end of June and then focus on a deal with Japan as the Andean nation tries to break into Asian markets, its trade minister said.

The Andean nation was shaken in 2009 after key tr Read More »

India close to decision on opening up retail sector

AJOT | February 21, 2011 | International Trade

India's Trade and Industry Minister said that talks to open up the country's multi-brand retail sector to foreign investors were at an advanced stage, but he did not give a deadline.

"We are very seriously engaged," Anand Sharma told Reuters in an int Read More »

Tar sands row threatens Canada-EU trade deal

AJOT | February 21, 2011 | International Trade

Canada has threatened to scrap a trade deal with the European Union if the EU persists with plans that would block imports of Canada's highly polluting tar sands, according to EU documents and sources.

The European Union has told its fuel suppliers to Read More »

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