India has set up a target of USD 500 billion exports for the 2022-23 fiscal, a top government official said on Friday, contending that the COVID-19 pandemic has taught the country to “reimagine” world trade. In December 2021, exports stood at USD 37.8 billion, the highest-ever for any month, Additional DGFT Amiya Chandra said during […]
Category: News
U.S. Import Prices Fall in December on Petroleum Products
U.S. import prices unexpectedly fell in December amid a decline in the cost of petroleum products, adding to signs that the worst of high inflation was probably over. Import prices dropped 0.2% last month, the first decrease since August, after increasing 0.7% in November, the Labor Department said on Friday. In the 12 months […]
Engineering goods exports cross $9 billion in October
Engineering goods exports have again crossed $9 billion mark with October shipments registering high double-digit growth. The robust performance by the sector means greater support to the economy as it will create more jobs and fresh capital investment, said EEPC India chairman Mahesh Desai. Engineering goods exports stood at $ 9.38 billion in October, […]
South Korea’s Q3 GDP Grows at Slower Pace, Misses Forecast
South Korea’s economy grew at a slower pace in the third quarter, as robust exports were offset by weak domestic demand and construction and facility investments, data from the Bank of Korea showed on Tuesday. Gross domestic product (GDP) grew a seasonally adjusted 0.3% in the September quarter from three months earlier, slowing from […]
Rise in China’s imports and exports eases fears over global growth
China’s exports and imports both rose strongly in June, helping ease concerns over global growth that have knocked financial markets in recent days. Exports grew by 32% year on year in June to $281bn (£203bn), according to figures from China’s General Administration of Customs. This is up from the 28% growth recorded in May, and […]
SAT/COEALAC taught workshop for filling the application for the IVA-IEPS Certification on VUCEM (April 21, 2014)
On April 21, 2014 took place the workshop “Certification IVA and IEPS and filling out forms through VUCEM” in order to address the most frequently asked questions on this topic. The event was broadcast over the Internet to the entire Foreign Trade and Customs community. The workshop included the participation of: Ing. María Elena Sierra […]