trade
-
The Mazhilis, or the lower house of Kazakhstan’s parliament, has ratified the Agreement between the governments of Kazakhstan and Uzbekistan on the regulation of operations at the Central Asia International Industrial Cooperation Center, according to the Kazakh government’s press service on Wednesday. The Center will help accelerate cargo transport, reduce logistics costs, streamline supply chains…
-
The UK government has has said it “no current plans” to join a European customs union. Cabinet Office minister Nick Thomas-Symonds has just told MPs the UK was looking to develop relationship with European neighbours, and reduce trade barriers. Mr Thomas-Symonds was asked in the Commons about comments made by European Union trade boss Maros…
-
India’s retail inflation rose to a four-month high of 5.08 percent in June, the latest government data showed Friday. According to the data released by the federal Ministry of Statistics and Programme Implementation, inflation based on the Consumer Price Index (CPI) in June was 5.08 percent. In May CPI was 4.80 percent. Food inflation rose…
-
On Tuesday evening, Chinese President Xi Jinping spoke with U.S. President Joe Biden on the phone. The two sides agreed to stay in communication and tasked their teams to deliver on the San Francisco vision. “Two big countries like China and the United States should not cut off their ties or turn their back on…
-
The Global System for Mobile Telecommunication Association has revealed the reason for the continued surge in the prices of smartphones in Nigeria and sub-Saharan Africa. GSMA’s recent report disclosed that the impact of high taxes in the region is responsible for the 10 to 30 per cent surge in smartphone prices. According to the report,…
-
Wang Yi, director of the Office of the Foreign Affairs Commission of the Communist Party of China (CPC) Central Committee, on Monday met with U.S. Secretary of State Antony Blinken in Beijing, calling for efforts to reverse the downward spiral of China-U.S. ties. Wang said Blinken’s trip to Beijing comes at a critical point…
-
Foreign companies have been doing business in Africa for centuries. Much of the trade history of past centuries has been colored by European colonial powers promoting and preserving their economic interests throughout the African continent.1 After World War II and since independence for many African nations, the continent has not fared as well as other former…
-
Following the return of long fuel scarcity and long queues at filling stations across the Federal Capital Territory, FCT, fuel attendants have been accused of encouraging the sales of black market. MEZIESBLOG observed that black marketers have taken advantage of the fuel scarcity around the Federal capital city to make brisk business. Despite assurances by…
-
Restrictions on semiconductor shipments could reportedly be introduced next month The US government plans next month to tighten restrictions on the country’s shipments of semiconductors used for artificial intelligence, along with chipmaking tools, to China, Reuters reported this week, citing its sources. People familiar with the matter told the news outlet that the Commerce Department…
-
The U.S. International Trade Commission revoked hefty U.S. anti-dumping and anti-subsidy duties on ammonium nitrate fertilizers from Russia and Trinidad and Tobago on Monday, voting to find that U.S. domestic producers are not injured by these imports. The decision could help ease shortages and price increases for fertilizers brought on by Russia’s war in Ukraine,…
-
The virtual meeting between President Xi Jinping and US President Joe Biden on Tuesday will help reduce tensions and open up space for bilateral cooperation between the world’s two largest economies, according to international relations experts. Carl Bildt, co-chair of the European Council on Foreign Relations, said it looks as if the Biden-Xi meeting has…
-
The impact of Britain exiting the European Union (EU) on trade and investment in East Asia and the Pacific (EAP) is not likely to be substantial due to the region’s low exposure to the UK, said the World Bank in a new report. Direct trade between EAP countries and the United Kingdom (UK) is “limited”…
You must be logged in to post a comment.