International Trade

US urges South Korea to cut Iran petrochemical imports

AJOT | December 06, 2011 | International Trade

A senior U.S. official urged energy-starved South Korea to cut imports of Iranian petrochemicals and reduce crude oil imports from the Gulf state, as Washington applies more pressure on Tehran. Read More »

Airbus alleges US. interference in $22 billion Boeing deal

AJOT | December 04, 2011 | International Trade

Europe's Airbus accused the White House of derailing open competition by helping Boeing Co win a record aircraft deal in Indonesia as details emerged of a behind-the-scenes struggle over jobs and airplane sales worth almost $22 billion. Read More »

EU says complies with WTO in Airbus-Boeing dispute

AJOT | December 04, 2011 | International Trade

The European Union said it had met a deadline for complying with a WTO ruling against billions of euros of illegal subsidies for aircraft maker Airbus and outlined its actions in a letter to the United States and the World Trade Organization. Read More »

Fickle India government puts foreign supermarkets

AJOT | December 04, 2011 | International Trade

India has put a plan to open up its retail industry to foreign supermarkets on hold, a senior government source said, an embarrassing turnaround for a beleaguered government fighting to retain the support of key allies. Read More »

After 10 years, China’s WTO ride could get bumpier

AJOT | December 01, 2011 | International Trade

Rising trade protectionism and frustration over its domestic subsidies spell trouble for China and could lead to more friction within the World Trade Organization than Beijing has grown accustomed to over the past decade. Read More »

Caterpillar to invest $210 million in India

AJOT | December 01, 2011 | International Trade

Caterpillar Inc said it will invest $210 million in India as the heavy machinery giant looks to capitalize on an expected spurt in road construction and infrastructure development activities in one of its important markets. Read More »

EU bound fakes can be seized in transit

AJOT | December 01, 2011 | International Trade

Customs officials can seize suspected fake goods moving through the European Union from one non-EU country to another if they find the products are intended to be sold in the EU, Europe's highest court ruled. Read More »

EU expects secure trade deal with US

AJOT | December 01, 2011 | International Trade

The European Union expects to sign a cargo security pact with the United States on Tuesday to help persuade the U.S. Congress to extend a deadline that threatens billions of dollars in transatlantic trade. Read More »

EU faces compliance deadline in Airbus spat with US

AJOT | December 01, 2011 | International Trade

A dispute over government aid for aircraft rivals Airbus and Boeing Co enters a delicate stage on Thursday as Europe faces a deadline to tell the United States how it is eliminating billions of dollars in subsidies struck down by the World Trade Organizat Read More »

EU trade holding up, but risks ahead

AJOT | December 01, 2011 | International Trade

Union Trade Commissioner Karel De Gucht said that European import demand was holding up well despite the debt crisis, but trade could fall suddenly if a recession takes hold. Read More »

Euro debt crisis hits Chinese exporters

AJOT | December 01, 2011 | International Trade

Nearly all Chinese export companies have already been hit by Europe's debt woes, according to a survey released on Monday showing just how fast the crisis is rippling through the global economy. Read More »

Factories stall worldwide, US jobless claims rise

AJOT | December 01, 2011 | International Trade

Manufacturing activity is contracting across Europe and most of Asia, data is showing, and a Chinese official declared that the world economy faces a worse situation than in 2008 when Lehman Brothers collapsed.

Factory activity shrank even further in Read More »

Finnish paper makers helped once Russia joins WTO

AJOT | December 01, 2011 | International Trade

Finnish paper mills will get a rare boost from lower costs once Russia enters the World Trade Organization and cuts its export duties on raw wood, the Finnish business lobby said. Read More »

India weakens retail reform as opposition grows

AJOT | December 01, 2011 | International Trade

India's government appeared to be backtracking over a move to allow foreign supermarket giants such as Wal-Mart to enter Asia's third-largest economy, as political opposition grew over one of the most far-reaching economic reforms in years. Read More »

South Korea exports top forecasts, inflation climbs

AJOT | December 01, 2011 | International Trade

South Korean exports in November topped expectations while inflation picked up, reinforcing market views that the central bank will keep interest rates steady for some time despite worries about Europe's deepening debt crisis. Read More »

Thailand lets Honda import cars tariff-free to June

AJOT | December 01, 2011 | International Trade

Thailand's government said it would let Honda Motor Co import assembled cars tariff-free until next June to replace output lost because of recent flooding. Read More »

US, EU mull free trade talks, sign secure trade pact

AJOT | December 01, 2011 | International Trade

The United States and European Union have agreed to reduce red tape related to cargo security and pledged to work toward tearing down tariffs and regulatory barriers between the world's largest trading partners. Read More »

Zepol surpasses 100 million US import Bills of Lading

AJOT | December 01, 2011 | International Trade

Zepol Corporation, the leading trade intelligence company, has announced that their signature trade intelligence tool, TradeIQ', now contains over 100 million searchable U.S. import bills of lading. This marks a major milestone for the company that Read More »

Euro debt crisis hits Chinese exporters

AJOT | November 28, 2011 | International Trade

Nearly all Chinese export companies have already been hit by Europe's debt woes, according to a survey released showing just how fast the crisis is rippling through the global economy. Read More »

Global supermarkets wary of fine print on India invite

AJOT | November 28, 2011 | International Trade

Global supermarket chains welcomed a long-awaited invitation from India to invest in the country's $450 billion retail market, but they fear the small print may keep a lid on investment in the short term. Read More »