International Trade

Russian gang smuggled $350 mlllion worth meat

AJOT | March 30, 2011 | International Trade

Russia's police have uncovered a ring that smuggled into the country 10 billion roubles ($350 million) worth of meat from Brazil, Argentina and other markets between 2005-2010, the Interior Ministry said.

The ministry said on its Web site (http://www.mvd.ru) Read More »

UAE aims to become world’s top sulphur exporter

AJOT | March 28, 2011 | International Trade

The United Arab Emirates plans to produce 22,000 tons of sulphur a day by 2015, which positions it to be a leading world sulphur exporter, said an executive at state-owned Abu Dhabi Gas Development Co (ADCO).

Production at the high sulphur Shah gas pr Read More »

China to appeal WTO fasteners ruling this week

AJOT | March 28, 2011 | International Trade

China will appeal a World Trade Organisation ruling in a case against the European Union, saying the decision does not go far enough in its favour, a person familiar with the case said.

The December ruling sided with China in a dispute over European U Read More »

EU seal pelts import ban dispute goes to WTO court

AJOT | March 28, 2011 | International Trade

Seal pelt exporter Canada won the right to have its grievance against a European Union import ban heard through the World Trade Organisation's (WTO) court system.

The issue, which centres on an animal welfare controversy around seal hunting, now goes Read More »

Microsoft unveils South African empowerment deal

AJOT | March 28, 2011 | International Trade

Microsoft South Africa, a unit of the world's largest software firm, will invest 475 million rand ($69 million) in four black-owned software firms to meet black economic empowerment (BEE) rules.

The deal is in place of selling a stake to black investo Read More »

Supply chain disruptions force more delays in Japan

AJOT | March 28, 2011 | International Trade

Supply chain disruptions in Japan have forced at least one global automaker to delay the launch of two new models and are forcing other industries to shutter plants and rethink their logistical infrastructure.

Toyota Motor Corp said it would delay the Read More »

US says sanctions possible in China copyright spat

AJOT | March 28, 2011 | International Trade

China said it complied with "most measures at issue" in an international trade ruling made against its restrictions on copyright-intensive goods such as films, books and music.

But the United States, which filed the case against China years ago, took Read More »

UK says China, US need to move for trade deal

AJOT | March 28, 2011 | International Trade

British Prime Minister David Cameron said that China and the United States needed to do more if long-running world trade talks were to be successfully completed in the coming months.

"In terms of Doha it is still extremely hard going, but if the Chine Read More »

US deals blow to global trade deal hopes

AJOT | March 28, 2011 | International Trade

The United States dealt a heavy blow to struggling global trade talks, saying the race to produce a working deal text by Easter could do "more harm than good".

The negotiations are aimed at opening up world trade for the benefit of all nations, but th Read More »

US, China steel dispute goes to WTO court

AJOT | March 28, 2011 | International Trade

The World Trade Organization (WTO) referred to its court system a U.S. complaint against China over anti-dumping duties that China has imposed on certain types of electrical steel.

The issue now goes before a panel of the WTO's Dispute Settlement Body Read More »

US “time out” on trade deals nears end

AJOT | March 28, 2011 | International Trade

A US "time out" on new trade agreements rooted in the Democratic Party's battle for the White House in 2008 appears to be nearly over as officials watch the European Union and others strike deals of their own.

Within months, free trade deals with Sout Read More »

Japan nuclear woes could mean more China exports

AJOT | March 28, 2011 | International Trade

China's agricultural exports to Japan could grow if radiation damage, which spurred China to ban some Japanese food imports, spreads, executives of China Metro-Rural Holdings.

The company develops and operates large agricultural trade and logistics ce Read More »

South Korea Q2 exports seen weighed down by uncertainty

AJOT | March 28, 2011 | International Trade

As uncertainties driven by high oil prices and Japan's devastating earthquake raise anxiety, South Korean exporters see their businesses turn bearish in the second quarter, private sector data showed.

The findings by the country's top association of f Read More »

China trade swings to largest deficit in 7 years

AJOT | March 24, 2011 | International Trade

China swung to a surprise trade deficit in February of $7.3 billion, its largest in seven years, as the Lunar New Year holiday dealt an unexpectedly sharp blow to exports.

It was China's first trade deficit since March last year and its biggest since Read More »

Euro area trade deficit widens in January

AJOT | March 24, 2011 | International Trade

Countries using the euro reported a wider trade deficit in January than a year earlier although trading activity continued to grow, according to figures published.

The European Union's statistics office Eurostat said the 17 countries using the euro ha Read More »

Thailand’s main exports and markets in February

AJOT | March 24, 2011 | International Trade

The value of Thailand's exports rose a much higher-than-expected 31.0 percent in February from a year earlier to a record high as demand from key markets increased, data from the Commerce Ministry showed. Read More »

Ford wants to raise its game in ASEAN

AJOT | March 24, 2011 | International Trade

Ford Motor Co said it planned to introduce eight new vehicles into Southeast Asia over the next five years as part of its effort to win market share in the fast-growing region.

The second-largest U.S. automaker has had a "favourable" year so far with Read More »

Steel imports decline in February from January 16.1%

AJOT | March 24, 2011 | International Trade

Imports declined by 16.1 percent in February compared to January according to preliminary government data. 'Imports declined from major supplying countries, such as Canada, Mexico, EU and Japan. Oil country tubular goods ' which had increased strongly i Read More »

EU appeals WTO ruling in China fasteners dispute

AJOT | March 24, 2011 | International Trade

The European Union has appealed against a World Trade Organisation ruling that said its duties on fasteners from China broke international trade rules, a WTO spokesman. Read More »

EU seal pelts import ban dispute goes to WTO court

AJOT | March 24, 2011 | International Trade

Seal pelt exporter Canada won the right to have its grievance against a European Union import ban heard through the World Trade Organisation's (WTO) court system.

The issue now goes before a panel of the WTO's Dispute Settlement Body, a WTO official s Read More »