International Trade

Germany’s Merkel warns on protectionism

AJOT | November 09, 2010 | International Trade

A return to trade protectionism is the greatest danger facing the global economy, German Chancellor Angela Merkel was quoted as saying. Read More »

EU should be flexible to reach trade deal with Gulf

AJOT | November 09, 2010 | International Trade

Gulf Arab oil producing countries would sign a long-delayed free trade agreement with the European Union immediately if the bloc shows flexibility over export duties, a Gulf Cooperation Council official said.

Both camps started negotiating a Read More »

Brazil takes EU poultry rules to WTO

AJOT | November 09, 2010 | International Trade

Brazil will ask the World Trade Organization to open a dispute panel over European Union poultry regulations it considers illegal, a senior government official told Reuters.

"We've concluded that we have a strong case and will proceed," said Carlos Ma Read More »

Singapore’s chemical ambitions face Chinese threat

AJOT | November 09, 2010 | International Trade

Singapore's aim to rule Asia's expanding specialty chemicals market will be challenged with China set to boost capacity and reduce imports, leaving the island with limited export options. Read More »

SE Asia needs less expansionary policies

AJOT | November 09, 2010 | International Trade

Southeast Asian economies need to shift towards less expansionary fiscal and monetary policies as they recover from the global economic downturn, the Organisation for Economic Cooperation and Development (OECD) said in a report.

"Greater flex Read More »

Mexico, Brazil agree to seek closer trade ties

AJOT | November 09, 2010 | International Trade

Brazil and Mexico said they would work towards a trade deal to tie Latin America's top two economies more closely together, boost tiny trade flows and confront rising global competition.

The agreement follows more than a decade of attempts to Read More »

Trade deals in the Asia-Pacific region

AJOT | November 09, 2010 | International Trade

Leaders and ministers from the Asia-Pacific Economic Cooperation (APEC) forum will discuss this week steps toward setting up a vast free trade area, as Doha talks to reach a deal to open up global commerce struggle.

APEC consists of 21 econom Read More »

Italy’s jewellery exports up 26%

AJOT | November 09, 2010 | International Trade

Italy's jewellery exports jumped 26 percent in value in the first half of 2010, helped by soaring precious metals prices, according to industry data cited by a newspaper.

Shipments by the major jewellery exporter to the key U.S. market soared Read More »

China opens up big export lead over Germany

AJOT | November 09, 2010 | International Trade

In the first nine months of 2010, China opened up a massive exports lead on Germany, which until last year was still exporting more merchandise than the Asian giant, World Trade Organization data showed.

In the January-September period, China Read More »

Obama returns fire after China slams Fed’s move

AJOT | November 09, 2010 | International Trade

President Barack Obama defended the Federal Reserve's policy of printing dollars after China and Russia stepped up criticism.

The G20 summit has been pitched as a chance for leaders of the countries that account for 85 percent of world output to preve Read More »

United Tech targets $2.5 blllion India revenue by 2015

AJOT | November 09, 2010 | International Trade

Diversified U.S. manufacturer United Technologies Corp expects to grow its India revenue by 20 percent this year from about $500 million in 2009 and has set a 2015 target of $2.5 billion, its chairman said.

Hartford, Connecticut-based United Technolog Read More »

GE to invest over $2 blllion in China JVs

AJOT | November 09, 2010 | International Trade

General Electric Co will invest more than $2 billion in China through 2012 to expand its research and development and customer support capabilities, the company's chief executive said.

GE, the largest U.S. conglomerate, will spend $500 millio Read More »

APEC ponders free trade area as frictions loom

AJOT | November 09, 2010 | International Trade

Asia-Pacific economies, including China and the United States, are laying the groundwork for a vast free trade area, but frictions over currencies and geopolitical rivalries threatened to undermine regional harmony.

China and the United State Read More »

G20 pursues protectionism, poor states hurt

AJOT | November 09, 2010 | International Trade

G20 states are continuing to carry out protectionist policies in contrast to repeated pledges to keep markets open, and developing countries have been among the main victims, a study by independent economists said.

The report by Global Trade Read More »

US, India to help African food security

AJOT | November 09, 2010 | International Trade

President Barack Obama announced a U.S.-Indian partnership to promote food security in Africa, harnessing technology to battle starvation in a part of the world where China has boosted its presence.

"We are going to share Indian expertise wit Read More »

Zepol Corp. reports October containerized imports fall

AJOT | November 09, 2010 | International Trade

Zepol Corporation, the leading trade intelligence company, reports that import shipment volume for October, measured in TEUs, decreased 2.72% from September and increased 12.84% over October 2009. The total number of shipments also fell 2.72% from Septemb Read More »

Impact of TPP free trade pact on Japan farm sector

AJOT | November 07, 2010 | International Trade

Japan is weighing benefits and drawbacks from joining a proposed Trans-Pacific Partnership (TPP) free trade agreement, launched earlier this year by the United States with seven other countries.

Economics minister Banri Kaieda supports the trade initi Read More »

US chicken shipments to Russia face new threat

AJOT | November 07, 2010 | International Trade

U.S. chicken companies, which in September resumed shipping to Russia, are facing a new interruption in business as a Russian official said that beginning Jan. 1 that country will stop buying frozen chicken.

The head of Russia's consumer protection wa Read More »

China and Germany belittle US actions

AJOT | November 07, 2010 | International Trade

China rebuffed a U.S. plan to set limits for trade imbalances and Germany dubbed the Fed's money-printing policy "clueless", setting the stage for what could be a fractious G20 summit.

Washington believes an undervalued yuan is a major cause of econom Read More »

South Korea FTA top priority for meat industry

AJOT | November 07, 2010 | International Trade

The U.S. meat industry hopes a free-trade agreement with South Korea can be worked out when the leaders of the two countries meet next week because such a deal could boost meat exports, the U.S. Meat Export Federation said.

In a wide-ranging discussio Read More »