International Trade

Rwanda exports rise 32 percent in 2011

AJOT | January 11, 2012 | International Trade

Rwanda's exports of goods and services increased by 31.7 percent last year from 2010, thanks to growth in mining, tea and coffee, its minister for trade and industry said. Read More »

Montblanc opens first ‘concept store’ in China

AJOT | January 05, 2012 | International Trade

High-end penmaker Montblanc has opened its largest store in China to capitalise on the surging growth of Chinese luxury-goods consumers, who are expected to account for most of the world's luxury purchases in eight years. Read More »

Brazil eyes protection for textile industry

AJOT | January 03, 2012 | International Trade

Brazil is a considering a new tariff system to protect its textile industry from the threat of cheap imports, Finance Minister Guido Mantega told an industry association, according to newspaper reports. Read More »

Ford sees China, India fueling auto market growth

AJOT | January 03, 2012 | International Trade

The global automobile market is likely to grow by 5 percent a year for the next two years, led by China and India, Ford Motor Co CEO Alan Mulally said, after the U.S. automaker launched a global compact sports utility vehicle in India. Read More »

Huawei dismisses US calls for probe of Iran business

AJOT | January 03, 2012 | International Trade

Huawei Technologies Co Ltd said that calls by six U.S. lawmakers to investigate whether the giant Chinese telecommunications equipment maker has violated a sanctions law by supplying sensitive technology to Iran were based on inaccurate media reports. Read More »

India ends Saudi chemicals anti-dumping measures

AJOT | January 03, 2012 | International Trade

India has ended anti-dumping measures on Saudi Arabia for the imports of polypropylene used in manufacturing plastics, Saudi's state news agency reported, quoting the country's deputy oil minister. Read More »

Indonesia inflation eases, export growth lowest in 2 years

AJOT | January 03, 2012 | International Trade

Indonesia's export growth slowed to its lowest level in 25 months in November, while annual inflation eased in December, reinforcing expectations that the central bank will likely refrain from cutting rates until February. Read More »

South Korea takes

AJOT | January 03, 2012 | International Trade

South Korea has taken a "major step" to ending an eight-year-old ban on imports of Canadian beef, Canada's agriculture and trade ministers said. Read More »

Whirlpool accuses Samsung, LG of dumping washers

AJOT | January 03, 2012 | International Trade

Whirlpool Corp accused two South Korean rivals, Samsung Electronics and LG Electronics, of dumping washing machines in the United States by selling them "at substantially less than fair value." Read More »

Hong Kong November export growth slows, strong headwinds seen

AJOT | December 29, 2011 | International Trade

Hong Kong's exports rose a modest 2 percent year on year in November, slowing from 11.5 percent growth in October, with a deepening Euro zone crisis painting a bleak picture for 2012, the local government said. Read More »

Malaysia plantation exports seen at record in 2011

AJOT | December 29, 2011 | International Trade

Malaysia's plantation commodity exports are expected to hit a record high of 140 billion ringgit ($44.06 billion) in 2011 due to strong demand, a government minister was quoted as saying. Read More »

Turkey November trade deficit narrows, aids rebalancing

AJOT | December 29, 2011 | International Trade

Turkey's trade deficit narrowed 2.8 percent year-on-year in November, data showed on Friday, reflecting a weaker lira currency and fuelling expectations the gap will close further to help rebalance the country's economy. Read More »

Bangladesh textiles hit by cotton drop, EU rule change

AJOT | December 27, 2011 | International Trade

A fall in world cotton prices and a change in European Union import rules have hit Bangladeshi's textile mills, a business leader said. Read More »

Debt-riddled Japan relaxes decades-old arms exports ban

AJOT | December 27, 2011 | International Trade

Debt-riddled Japan has relaxed its self-imposed decades-old ban on military equipment exports in a move that will open new markets to its defence contractors and help the nation squeeze more out of its defence budget. Read More »

Philippines to review alcohol taxes after WTO ruling

AJOT | December 27, 2011 | International Trade

The Philippines will review taxes on foreign alcohol products following a World Trade Organisation decision that the current system was discriminatory and the trade minister said the government will look at how to assist affected local distillers. Read More »

An export tumble in 2012 could hit Taiwan extra hard

AJOT | December 22, 2011 | International Trade

Taiwan could be the hardest hit among Asian peers next year should the whole global economy spiral into crisis, as the exports that propel its growth fall away to reveal structural weaknesses and a lack of domestic drivers beneath. Read More »

China tells US to axe anti-subsidy probe on tires

AJOT | December 22, 2011 | International Trade

China urged the United States to halt anti-subsidy investigations into Chinese tires and other products since Washington does not recognize China as a market economy. Read More »

Japan halts beef imports from one US meat plant

AJOT | December 22, 2011 | International Trade

Japan halted beef imports from a US packing plant after finding material prohibited under rules to control the risk of mad cow disease, the government said. Read More »

US presses Philippines after alcohol win at WTO

AJOT | December 22, 2011 | International Trade

The United States urged the Philippines to swiftly open its market to U.S. alcohol products like Jack Daniel's and Jim Beam by eliminating a discriminatory tax system struck down by the World Trade Organization. Read More »

US solar companies urge SolarWorld drop China case

AJOT | December 22, 2011 | International Trade

A coalition that says it represents 97 percent of the US solar industry urged solar panel maker SolarWorld to withdraw a petition asking President Barack Obama's administration to slap punitive duties on China for unfair trading practices. Read More »