Trade

EU to single out Chinese imports in report on market distortions

Brussels - Muslimchronile

China will be singled out for special attention under new trade rules to limit excessively cheap imports into the EU, a European Commission official said yesterday. The Commission, member states and EU lawmakers agreed on Tuesday to treat all World Trade Organization members the same in determining whether they are dumping products. Under normal circumstances, dumping will mean selling belowRead more

UAE non-oil foreign trade hits AED401 billion in Q1 2017

Abu Dhabi - WAM

The UAE total non-oil foreign trade volume of Q1 2017 reached approximately AED401 billion against AED388 billion during the same period last year, a growth of 3.2 percent, according to statistics released by the Federal Customs Authority. Direct foreign trade, which represents 68 percent of the UAE’s total trade volume, was valued at AED272 billion during the same period, whileRead more

UAE Ambassador and President of Ecuador discuss cooperation

QUITO - Musimchronicle

Ecuador's President Lenin Moreno and Mohammed Yousuf Al Awadhi, UAE Non-Resident Ambassador to Ecuador have met in the village of Posorja in Guayaquil on the sidelines of the opening of DP World project in the area. During the meeting, the two sides discussed means of boosting bilateral relations between the UAE and Ecuador in various fields. The meeting was attended byRead more

Dubai-Hong Kong trade given fresh momentum

Hong Kong - Musimchronicle

As part of its mandate to facilitate trade from Dubai and create an enabling environment for Dubai’s exporters, Dubai Exports, the export promotion agency of Dubai Economy, has expanded its network with the opening of a new overseas trade office, OTO, in Hong Kong. The Hong Kong office, the 7th in its growing international network for Dubai exports, will openRead more

Mercosur suspends Venezuela, urges immediate transition

São Paulo - Musimchronicle

South American trade bloc Mercosur suspended Venezuela indefinitely on Saturday, adding to international pressure on President Nicolas Maduro to dismantle a newly created pro-government constituent assembly and restore democracy. Foreign ministers of Argentina, Paraguay, Uruguay and Brazil announced the decision in Sao Paulo, urging Maduro to release prisoners and immediately start a political transition, Reuters reported. "We are saying: Stop withRead more

Expert calls authorities for controlling borders

Tunis - Hayat Al Ghanemi

Economic expert Ezz Al Din Saeedan revealed that the brokers use Clothing and footwear stores to hide their illegal activities, including currency trading which witnessed notable increase during the recent years in the Tunisian cities. He said that the major reason behind this phenomenon is the aggravation of the parallel economy which represents over 53 percent of the Tunisian economyRead more

Expo 2020 supports young talent, creativity and innovation at Think Science

Dubai - Arab Today

Expo 2020 Dubai is set to have a strong presence at the Think Science Fair 2017, running from 18th to 20th April, inviting young people in the UAE to drive and shape the first World Expo ever to be held in the region. Since its inception, Expo 2020’s Youth Connect has launched several initiatives to ensure that the nation’s youthRead more

General Saleh Briefed on Efforts Exerted to join Sudan to WTO

Khartoum - SUNA

The First Vice-President and National Prime Minister, General, Bakri Hassan Saleh was briefed, Monday, on the efforts being exerted to join Sudan to the World Trade Organization (WTO) . This came when the Prime Minister met, Monday, at his office, in the Council of Ministers, the Head of the Negotiation Team for Sudan Joining to the WTO, Ambassador, Kuwana, inRead more

MoFAIC receives copy of credentials of Indian Consul-General

Dubai - Arab Today

Abdulrahman Ghanem Almutaiwee, Director of the Office of the Ministry Foreign Affairs and International Cooperation in Dubai, received on Thursday a copy of the credentials of Vipul, the new Consul-General of India in Dubai and the northern regions, during a meeting at his office. Almutaiwee welcomed the new consul and praised the political, economic, trade and investment relations between theRead more

Morocco’s Non-Financial Services, Wholesale Trade Performing Well

Rabat - Arab Today

In the Q4 of 2016, the activity of the non-financial market services sector and wholesale trade registered a considerable increase according to 67% of industrial employers, reports the High Commission for Planning (HCP) in its latest quarterly business survey. According to the survey, this trend was felt by 67% of the business managers surveyed, while 13% of them noted aRead more