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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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Brazil slows China imports with inspections

AJOT | February 13, 2011 | International Trade

Brazil may intensify quality inspections of imported products in an effort to stem a flood of Chinese goods that local industries say are weakening them, the O Globo newspaper reported.

The government could create a quality "seal" that would help filt Read More »

British PM calls for Europe to deregulate, push free trade

AJOT | February 13, 2011 | International Trade

British Prime Minister David Cameron called for Europe to launch a major drive to deregulate business, innovate and sign free trade pacts with Asia, the Middle East and Latin America.

"Europe has got to earn its way," Cameron told delegates in an addr Read More »

Canada seeks WTO review of EU ban on seal products

AJOT | February 13, 2011 | International Trade

Canada will ask the World Trade Organization to set up a formal dispute resolution panel to address the European Union's ban on trade in seal products, Fisheries Minister Gail Shea said.

The European Union closed its borders to seal products last year Read More »

Canada, US border deal seen far from certain

AJOT | February 13, 2011 | International Trade

Swift action is needed to put meat on the bones of a framework border-security agreement announced by U.S. President Barack Obama and Canadian Prime Minister Stephen Harper, Canadian business analysts said.

But whether a final agreement on a "perimete Read More »

China sees US. stoking Brazil, India anger over yuan

AJOT | February 13, 2011 | International Trade

The United States has incited Brazil and India to criticise China's currency policy, but Beijing need not worry too much because it can defuse the tension through talks, a series of Chinese government advisers told Reuters.

Independent analysts warned Read More »

US lawmakers try again for China yuan bill

AJOT | February 13, 2011 | International Trade

A bipartisan group of 101 U.S. lawmakers in the House of Representatives launched a new bid to pass legislation aimed at pressuring China to let its yuan currency rise in value.

The same proposals cleared the House last year but died in the Senate. If Read More »

Ethiopia aims to join WTO without opening up sectors

AJOT | February 13, 2011 | International Trade

Ethiopia said it expected to gain entry to the World Trade Organisation soon without giving way to foreign demands that it open up its banking and telecoms sectors.

Analysts say the Horn of Africa country's hopes for WTO membership hinge on calls for Read More »

Fake goods in transit can be seized if EU-bound

AJOT | February 13, 2011 | International Trade

Suspected fake goods moving through the European Union from a non-EU country can be seized if there is a danger they could enter the trade bloc, an adviser to the EU's highest court said.

The non-binding opinion by Advocate General Pedro Cruz Villalon Read More »

India aims to halve transaction costs for exporters

AJOT | February 13, 2011 | International Trade

India has taken steps to unclog its notorious infrastructure bottlenecks to slash transaction costs for exporters by nearly half as the Asian giant aims to double its share of world trade, officials said.

Exporters in Asia's third-largest economy face Read More »

US concerned over Indian trade barriers

AJOT | February 13, 2011 | International Trade

India's restrictive trade policy is impeding foreign investment and it needs to work harder to free up its economy, U.S. Commerce Secretary Gary Locke said, despite growing economic ties between the countries.

India is only the 14th biggest trading pa Read More »

Kazakhstan eyes WTO accession in H1 2012

AJOT | February 13, 2011 | International Trade

Kazakhstan, Central Asia's largest economy, could join the World Trade Organisation (WTO) in the first half of 2012, Economy Minister Zhanar Aitzhanova said.

"We will try to complete all the work on this issue this year. All the conditions for this ex Read More »

Meat exports worth watching in 2011:

AJOT | February 13, 2011 | International Trade

The prospects look good for a record strong showing by U.S. meat exporters this year given the growing global demand for meat products and the recent outbreak of foot-and-mouth disease (FMB) in South and North Korea, which has led to the culling of millio Read More »

US trade gap widens in December, swells 33% in 2010

AJOT | February 13, 2011 | International Trade

The U.S. trade deficit widened in December to its highest level in four months, the U.S. government said in a report that also showed the annual trade gap expanded nearly 33 percent in 2010 as imports from China hit record levels.

The December trade d Read More »

US Republicans to press trade rep. on Obama agenda

AJOT | February 03, 2011 | International Trade

U.S. Trade Representative Ron Kirk will be pressed to lay out President Barack Obama's trade priorities for 2011 when testifies before a congressional trade panel, a Republican congressman said.

"I look forward to hearing Ambassador Kirk in his first Read More »

Chili’s taps into Russian consumer boom

AJOT | February 03, 2011 | International Trade

Ribs-and-cocktails restaurant chain Chili's opened its first restaurant in Moscow on Wednesday, joining a throng of companies keen to cash in on Russia's consumer spending boom and growing middle class.

The company, owned by Brinker International Inc Read More »

Cargill to build new corn mill in Brazil

AJOT | February 03, 2011 | International Trade

Leading commodities trader Cargill said it would invest 350 million reais ($212 million) to build a new corn processing mill in Brazil, another sign of growing local demand in one of the world's largest agricultural producers and exporters.

The new pl Read More »

Indonesia’s Jan Sulawesi cocoa exports fall 50%

AJOT | February 03, 2011 | International Trade

Exports of cocoa beans from Indonesia's main growing area of Sulawesi island fell 55 percent in January against the same month a year ago as a result of wet weather, data showed.

Indonesian exporters shipped 11,634.66 tons in January, from 25,920 tons Read More »

Booming trade causes friction between Brazil and China

AJOT | February 03, 2011 | International Trade

Blossoming trade between Brazil and China has brought benefits to both economies but also caused increasing strains as Brazilian manufacturers struggle to compete with a wave of Chinese imports.

Here are some facts about trade between the two fast-gro Read More »

Statisticians hunt better ways to count trade figures

AJOT | February 03, 2011 | International Trade

In an age of global supply chains, trade figures give an increasingly misleading picture of what is going on -- and trade statisticians are out to change that. Trade figures have become politically explosive -- witness the sensitivity of the U.S. deficit Read More »

Nestle to invest $70 mlllion on South.Africa expansion

AJOT | February 03, 2011 | International Trade

Nestle is spending $70 million on expanding its business in South Africa, as the world's biggest food group sharpens its focus on emerging markets.

Nestle said in a statement on Wednesday it will spend around 500 million rand ($70 million) on a new ce Read More »

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