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27 Apr

WTO Chief Warns Against Retreat From Global Trade

 Fragmentation of the global economy and a retreat from global trade would make countries more vulnerable to production shocks arising from natural disasters and outbreaks of fatal diseases, the head of the World Trade Organization said on Wednesday.     WTO Director General Ngozi Okonjo-Iweala told an event hosted by the National Foreign Trade Council […]

22 Apr

Britain and India aim for free trade deal by October

Britain and India agreed on Friday to step up defense and business cooperation during a visit to New Delhi by Boris Johnson, who said a bilateral free-trade deal could be wrapped up by October.   On his first visit to the Indian capital as UK prime minister, Johnson discussed with his Indian counterpart Narendra Modi […]

20 Apr

China va a proteger las cadenas de suministro ante cierres

El ministro de Comercio de China, Wang Wentao, dijo a las cámaras de comercio extranjeras que Pekín tomará medidas más estrictas para proteger las cadenas de suministro y las empresas, esto después de que los grupos plantearan su preocupación por las interrupciones relacionadas con el Covid-19 en una reunión.   Las empresas nacionales y extranjeras […]

18 Apr

Import duty removal on cotton may help bring down prices

The government’s decision to remove import duty on cotton is likely to help bring down prices of the commodity, Textiles Secretary U P Singh said on Thursday. The finance ministry on April 13 waived customs duty on cotton imports till September 30, a move that will benefit the textile industry and keep prices low for […]

13 Apr

U.S. Pushes U.N. to Cut N.Korea Oil Imports, Ban Tobacco, Blacklist Lazarus Hackers

The United States is pushing the U.N. Security Council to further sanction North Korea over its renewed ballistic missile launches by banning tobacco and halving oil exports to the country and blacklisting the Lazarus hacking group, according to a draft resolution reviewed by Reuters on Wednesday.   The United States circulated the draft to the […]

12 Apr

México es el cuarto fabricante de autopartes mundial superando a Alemania.

Por primera ocasión, en 2021 México se posicionó como el cuarto mayor fabricante de autopartes a nivel internacional y logró rebasar a Alemania, dio a conocer la cámara de la Industria Nacional de Autopartes (INA).   En una conferencia Alberto Bustamante, director de INA, reveló que el año pasado el sector de autopartes facturó un […]

10 Apr

Indian export prices of rice ease as supplies rise; Vietnam, Thai rates steady

Export prices of rice in India dipped this week as supplies increased following the extension of a government scheme to provide subsidised grains, while rates in Vietnam and Thailand were mostly flat amid softer demand and rising output.   Top exporter India’s 5% broken parboiled variety was quoted at $365-$369 per tonne this week, down from […]