International Trade

Mitsubishi invests $535 mlllin to make new car in Thailand

AJOT | December 12, 2010 | International Trade

Mitsubishi Motors Corp said it would spend 16 billion baht ($535 million) to build its new "Global Small" car in Thailand, announcing a new factory with initial capacity of 150,000 cars a year.

The plant, the Japanese automaker's third in Thailand and Read More »

Israel relaxes Gaza grip, permitting exports

AJOT | December 12, 2010 | International Trade

Israel announced a further relaxation of its blockade of the Hamas-ruled Gaza Strip, saying exports of manufactured goods would now be permitted in a move that major powers welcomed as significant.

Prime Minister Benjamin Netanyahu's office said Israe Read More »

EU and India resolve dispute over generic drugs

AJOT | December 12, 2010 | International Trade

The European Union and India said they had resolved a dispute over generic drugs in which was referred to the World Trade Organisation last year. Indian Trade and Industry Minister Anand Sharma told Reuters the EU's trade chief, Karel De Gucht, had told I Read More »

Consumer sentiment, trade point to firmer US recovery

AJOT | December 12, 2010 | International Trade

U.S. economic data painted a picture of a firming recovery as consumer confidence rose to its highest level in six months and the country's trade deficit narrowed much more than expected.

Consumer sentiment in December rose to its highest level since Read More »

Record US soybean exports, up 20 mlllion, to 1.59 billion bushels

AJOT | December 12, 2010 | International Trade

U.S. soybean exports will surge to a record 1.59 billion bushels this marketing year, led by sales to China, the No 1 importer, the government forecast, the fourth consecutive month it has raised the export figure.

The Agriculture Department said reco Read More »

Canada trade deficit down, surplus with US shrinks

AJOT | December 12, 2010 | International Trade

The Canadian trade deficit was smaller than expected in October, with stronger international exports of industrial goods and materials helping to overcome a shrinking surplus with the United States, by far Canada's largest trading partner.

The deficit Read More »

Diageo in talks to buy Turkey’s Mey Icki

AJOT | December 12, 2010 | International Trade

Diageo is in preliminary talks to buy Turkish spirits company Mey Icki, people familiar with the matter said, as part of the push by the world's biggest drinks company into high-growth emerging markets.

Diageo has expressed interest and could pay up t Read More »

Panasonic cautious on US, Europe holiday sales

AJOT | December 12, 2010 | International Trade

Consumer electronics maker Panasonic Corp said it sees no strong recovery in year-end sales in North America and Europe, but expects to pull its loss-making TV unit into the black in the January-March quarter.

Panasonic's president, Fumio Ohtsubo, als Read More »

Anti-dumping investigations fall in first half

AJOT | December 06, 2010 | International Trade

The number of anti-dumping investigations -- probes into unfairly priced imports -- notified to the World Trade Organization fell in the first half of this year, the WTO said.

The figures indicate an easing of protectionist tensions as economies picke Read More »

Asia learns painful lessons from euro zone crisis

AJOT | December 06, 2010 | International Trade

One more victim can be added to the casualty list from the fallout of the euro zone debt crisis: the cause of currency integration in Asia.

The idea that countries as different as Japan and Laos, or Singapore and Myanmar, might share the same money ha Read More »

China may pay roubles for timber, seafood

AJOT | December 06, 2010 | International Trade

China wants to pay in roubles for Russian timber, coking coal and seafood, as the two countries seek to boost bilateral trade in national currencies, Russian central bank official Viktor Melnikov said on Monday.

Russia's MICEX exchange will start trad Read More »

EU agrees to back Russia’s WTO entry

AJOT | December 06, 2010 | International Trade

The European Union formally backed Russia's bid to join the World Trade Organization, clearing the way for Moscow to join the body in 2011, after 17 years of trying.

EU Trade Commissioner Karel De Gucht and Russian Economic Development Minister Elvira Read More »

Laos says railway to China finished by 2014

AJOT | December 06, 2010 | International Trade

The poor and landlocked Southeast Asian nation of Laos expects its rail link with China to be finished by 2014, boosting trade links with its giant neighbour and the rest of Asia, its deputy prime minister said.

The railway is part of a broader plan t Read More »

LG Display, Chi Mei, others face EU fines

AJOT | December 06, 2010 | International Trade

EU regulators are set to fine LG Display , Chi Mei Optoelectronics Corp and three other firms up to 700 million euros ($928 million) in total for fixing prices of display panels used in consumer devices, a source close to the case said.

The European C Read More »

Premium Article  US-India Trade Relations 2010: Bangalore to Buffalo… and back

George Lauriat | December 05, 2010 | International Trade

"For in Asia and around the world, India is not simply emerging; India has already emerged." President Obama, November 8th in India.
In May of 2009, President Barack Obama was critical when talking about reforming the tax code that allowed m Read More »

Premium Article  ASEAN-US Trade 2010:

George Lauriat | December 05, 2010 | International Trade

“In ASEM [Asia Europe Meeting] in Brussels…and at the 2nd US – ASEAN Summit [New York], one same message came out, and that is, the US and Europe would like to get out of their own crisis. They have to be able to sell their products and their services, Read More »

Australia needs to save more from trade bonanza

AJOT | December 05, 2010 | International Trade

Australians should save more and the government needs to run bigger budget surpluses to prevent a once-in-a-century boom in export earnings from overheating the economy, the country's top central banker said. Reserve Bank of Australia Governor Glenn Steve Read More »

US, South.Korea push for auto, beef deal to save pact

AJOT | December 05, 2010 | International Trade

Top U.S. and South Korean trade officials plan more talks aimed at resolving auto and beef trade issues that have blocked congressional approval of a three-year-old free trade pact.

The push to bridge the remaining gaps comes just a few weeks after th Read More »

WTO members commend Hong Kong for its free trade regime

AJOT | December 05, 2010 | International Trade

Members of the World Trade Organization (WTO) again commended Hong Kong for its open and free trade policies at a Trade Policy Review meeting held today (December 3, Geneva time), and on December 1, in Geneva. It was the sixth such WTO Review focusing on Read More »

China appeals in WTO case over U.S. duties

AJOT | December 05, 2010 | International Trade

China has appealed against a ruling by a World Trade Organization panel upholding the right of the United States to impose extra duties on Chinese goods that Washington said were unfairly priced and subsidised, an official at China's WTO mission said. Read More »