International Trade

Argentina’s import curbs threaten to bite back

AJOT | July 25, 2010 | International Trade

Argentina is risking retaliation from its main trading partners -- Brazil, China and the European Union -- for restricting imports at a time when sales of Argentine goods abroad are booming.

The South American nation, which saw exports rise 2 Read More »

WTO to rule on U.S. clove cigarette ban

AJOT | July 25, 2010 | International Trade

The World Trade Organisation is to rule on a dispute between Indonesia and the United States over a U.S. ban on clove-flavoured cigarettes, trade sources said.

Indonesia says the United States is abusing health regulations to shut out clove c Read More »

Argentina economy gets boost from Brazil’s rebound

AJOT | July 25, 2010 | International Trade

Brazilians are better known for downing cold beers than Argentina's fine wines, but a brisk recovery in the neighboring economic powerhouse is proving a boon for winemakers and car manufacturers alike.

Brazil's healthy economic rebound and gr Read More »

India industry must engage more in trade talks

AJOT | July 25, 2010 | International Trade

Key Indian industrial sectors have yet to respond to the government on how tariff cuts proposed at global trade talks would affect them, weakening negotiators' chances of success, the trade secretary said.

Rahul Khullar said he had repeatedly Read More »

Swiss trade surplus widens in June despite franc jump

AJOT | July 25, 2010 | International Trade

Swiss exports rose by a real 12 percent in June, helped by healthy demand from Asia and the Americas and defying a rally in the Swiss franc against the euro.

Exports from Switzerland rose to 17.2 billion francs ($16.37 billion), the Federal C Read More »

Global trade to expand over 10 pct in 2010

AJOT | July 25, 2010 | International Trade

Global trade, in volume terms, is expected to grow more than 10 percent this year, Pascal Lamy, director-general of the World Trade Organisation, said.

The forecast is up from an estimate of 9.5 percent in March. Read More »

EU to review duties on Chinese hand pallet trucks

AJOT | July 25, 2010 | International Trade

The European Union said it will review expiring tariffs on Chinese hand pallet trucks after a request to extend them from European producers.

Production of the hand-operated trucks, used to move heavy loads, is a niche sector worth about 125 Read More »

China trade behavior imperils ties

AJOT | July 19, 2010 | International Trade

Chinese policies that block U.S. exports and discriminate against foreign firms are putting a dangerous strain on bilateral relations, a top U.S. trade official warned.

"It has been nearly a decade since China joined the WTO (World Trade Orga Read More »

EADS frustrated by delay in WTO ruling

AJOT | July 19, 2010 | International Trade

EADS Chief Executive Louis Gallois said he was "enormously frustrated" about another delay by the World Trade Organization in ruling on the European Union's case against the United States over alleged illegal subsidies to the company's arch-rival, Boeing Read More »

EU drops trade probes on Malaysia, India fasteners

AJOT | July 19, 2010 | International Trade

The European Commission has dropped investigations into allegations of illegal dumping and state subsidies favouring Indian and Malaysian fastener exporters after EU producers withdrew their complaints. Read More »

Brazil corn exports to surge in 2nd half of 2010

AJOT | July 19, 2010 | International Trade

Brazilian corn exports are set to surge in the second half of this year with the help of government freight subsidies but total exports for 2010 are still likely to fall short of last year, industry specialists said.

Corn exports of 2 million Read More »

US business sees Doha trade deal momentum in 2011

AJOT | July 19, 2010 | International Trade

Trade is moving back up the U.S. political agenda and there is scope to reach a deal next year in the long-running Doha round and other stalled trade negotiations, industry lobbyists said.

But to get the backing of business, a Doha agreement Read More »

Positive signs in trade barrier talks

AJOT | July 19, 2010 | International Trade

Trading powers are putting forward news ideas on breaking down barriers to global commerce, indicating progress is possible in a key area of world trade negotiations, the diplomat chairing the talks said.

Both developed and developing countri Read More »

Atlas Copco Q2 upbeat, hits record margins

AJOT | July 19, 2010 | International Trade

Swedish compressor and machinery maker Atlas Copco bounded to record second-quarter margins and profit ahead of forecasts on the back of improved demand from miners and emerging economies.

Atlas suffered like other industrial players during t Read More »

Bombardier JV wins $761 million China train deal

AJOT | July 19, 2010 | International Trade

Bombardier Inc said that its Chinese joint venture had won a contract for 40 high-speed train sets from China's Ministry of Railways, worth about $761 million.

Bombardier's share of the contract, which was awarded to Bombardier Sifang (Qingda Read More »

China accepts WTO ruling on entertainment goods

AJOT | July 14, 2010 | International Trade

China has agreed to open up its market for entertainment goods by March 19 next year in line with a World Trade Organization ruling, China and the United States said. Read More »

US unions urge Congress to pass China currency bill

AJOT | July 14, 2010 | International Trade

The largest U.S. labor group urged Congress to pass legislation to fight China's currency practices, a day after the Obama administration again declined to label Beijing a currency manipulator.

The United States should also keep other options Read More »

Russia sees $1.5 -$2 billion meat exports by 2020

AJOT | July 14, 2010 | International Trade

Major meat buyer Russia should increase domestic breeding to be able to export $1.5 billion-$2.0 billion worth of poultry meat and pork by 2020, Agriculture Minister Yelena Skrynnik said. Read More »

India pest attack seen hitting tea exports

AJOT | July 14, 2010 | International Trade

Tea output in India, the world's second biggest producer, is likely to fall in 2010/11 on adverse weather and a pest attack in the biggest growing area, which will hurt quality exports, a senior official said.

"Excessive rains and a pest atta Read More »

Singapore ups GDP, trade forecasts on strong Q2

AJOT | July 14, 2010 | International Trade

Singapore raised its economic growth and exports forecast for the year as second quarter gross domestic product (GDP) and June trade data came in above forecast. Read More »