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South and East Asia trade key for Bangladesh employment
23 October 2015 | Michelle Russell
International and regional trade, especially with South Asian and East Asian neighbours, is critical for Bangladesh to create more jobs for its 2m youths entering the labour force every year, a new study suggests.... read more
Ethiopia invests $7bn in infrastructure and power projects
22 November 2018 | Michelle Russell
Ethiopia is to invest US$7bn in new infrastructure and power supply projects, amid plans by the country's central Government to boost economic growth and investment.... read more
How to protect supply chains from rising inflation
21 November 2018 | Michelle Russell
With inflation back, rising supply chain costs are starting to erode earnings for many US companies. Implementing a more integrated approach to cost management can help firms become more resilient, a management consultancy firm has advised.... read more
US fashion industry event to discuss trade and business outlook
17 October 2018 | Michelle Russell
Dozens of global fashion brands, retailers, importers, and industry service providers will convene in New York City next month – the day after the US mid-term elections – to discuss their potential impact on trade and business.... read more
Long Beach pilot to teach supply chain skills
20 August 2018 | Michelle Russell
The Port of Long Beach and Long Beach City College have launched a new pilot programme to train workers in the supply chain and logistics industries.... read more
US East and Gulf Coast ports 6-year contract approved
11 September 2018 | Michelle Russell
A six-year extension to the master contract for workers at East Coast and Gulf Coast ports has been approved in a move that should ease labour disruptions and pressure on global supply chains.... read more
DHL innovation centre to explore future supply chains
6 June 2018 | Michelle Russell
Logistics giant DHL is expanding its global innovation footprint to the Americas in a move it says will spearhead development of future logistics and supply chain solutions in the region.... read more
Port modernisation key to boosting Africa trade
21 February 2017 | Michelle Russell
The modernisation and harmonisation of port procedures in Africa could help support economic development across the continent and help lower trade costs, the World Trade Organization (WTO) has said.... read more
Mauritius speed-to-market scheme to boost EU exports
9 January 2017 | Michelle Russell
Mauritius textile and apparel exporters are to receive a financial boost through a new government scheme aimed at improving speed-to-market and enhancing the industry's competitiveness in the European market.... read more
GERMANY: Delivery firm Hermes backs African cotton scheme
12 December 2013 | Michelle Russell
The Hermes Logistik Gruppe Germany (HLGD) has become a partner of the Cotton made in Africa (CmiA) initiative.... read more
GUATEMALA: US calls for more action on worker rights
13 March 2014 | Michelle Russell
The Office of the US Trade Representative has warned it may reactivate an arbitration panel if Guatemala fails to improve enforcement of worker rights by the end of next month.... read more
COTE D'IVOIRE: Agriculture Ministry launches cotton support project
27 June 2014 | Michelle Russell
The Ivory Coast's Ministry of Agriculture has launched a project to support and help develop the country's cotton sector.... read more
South Korea sets out shipping industry rescue plan?
31 October 2016 | Michelle Russell
South Korea is said to be planning to set up a state-backed financing company to help improve the financial health of the country's marine transport industry following the recent collapse of Hanjin Shipping.... read more
Korea Line Corp wins bid for Hanjin Shipping assets?
16 November 2016 | Michelle Russell
South Korean shipping company, Korea Line Corp, is understood to have been picked as the preferred bidder for some assets of the collapsed Hanjin Shipping Co., the world's seventh-largest container shipper.... read more
New Myanmar logistics hub to meet garment sector needs
8 June 2016 | Michelle Russell
International services provider DHL Express is to open its largest facility in Myanmar to cater to the country's increasing logistics needs, driven by growth sectors such as garment manufacturing.... read more
Pakistan ten-month textile exports tumble
23 May 2016 | Michelle Russell
Pakistan saw its garment and textile exports fall by nearly 8% in the first ten months of its current fiscal year as the sector continues to be hampered by safety and security issues and a lack of modernisation.... read more
Stable cotton outlook for India but risk of price crash
4 February 2016 | Michelle Russell
India Ratings and Research (Ind-Ra) has maintained a stable outlook for the country's cotton textiles sector in FY16/17 thanks to margin expansion led by lower cotton prices, but has warned of the risk of a potential price crash due to uncertainty in China.... read more
Senegal and Uruguay ratify WTO trade deal
1 September 2016 | Michelle Russell
Senegal and Uruguay have become the latest countries to ratify the World Trade Organization's (WTO) Trade Facilitation Agreement (TFA) in a further sign of support for the landmark global deal. ... read more
South Africa investigates six major shippers for rate fixing
3 October 2016 | Michelle Russell
South Africa's Competition Commission has raided the premises of six major shipping companies in the Western Cape and Kwazulu-Natal provinces following allegations of freight rate fixing for cargo including apparel and footwear. ... read more
24 November 2015 | Michelle Russell
Economic Ministers from the ten ASEAN member states and China have agreed on an upgrade to the ASEAN China Free Trade Area (ACFTA) – the world's largest in terms of the total population of its signatories.... read more
Large cotton stocks likely to persist
5 August 2015 | Michelle Russell
Despite excess global cotton stocks reducing by around 1m tonnes in 2015/16, stocks are still projected at just under 21m tonnes for the year.... read more
Obama urges passage of TPP trade pact
13 January 2016 | Michelle Russell
President Barack Obama has appealed to US Congress to ratifiy the Trans-Pacific Partnership (TPP) trade agreement as he delivered his final State of the Union address.... read more
Restrictive measures continue to weigh on global trade
12 December 2016 | Michelle Russell
The benefits of global trade need to be more widely spread and better understood, according to a new report, which points to the introduction of a "worryingly high" number of new trade-restrictive measures amid continuing global economic uncertainty. ... read more
WTO Public Forum calls for inclusive global trade agenda
29 September 2016 | Michelle Russell
Amid slowing growth in world trade and an increasing public backlash against trade and globalisation, ministers and business leaders have called for an agenda for inclusive trade focusing on the needs of small business owners and more vulnerable sectors of society in order to ensure continued public support for open markets.... read more
Maersk Line drops services to ten Chinese ports
12 August 2016 | Michelle Russell
Maersk Line, the world's biggest container shipper, is to end services to and from ten Chinese ports from September in a move the global logistics firm says is part of adjustments to services but comes amid cost cutting moves currently being made by the group.... read more
Commission calls for member support to protect EU trade
21 October 2016 | Michelle Russell
The European Commission has urged Member States to support its efforts to provide the European Union (EU) with updated, strengthened and more robust trade defence rules to combat unfair foreign competition and protect jobs. ... read more
EU trade pact with South African nations takes effect
18 October 2016 | Michelle Russell
The trade pact between the European Union (EU) and the six countries that make up the Southern African Development Community (SADC) has become effective four months after it was ratified. ... read more
Debate rages on China market economy status
22 July 2016 | Michelle Russell
The granting of market economy status to China at the end of this year, and its subsequent treatment in anti-dumping and anti-subsidy investigations, has divided industry sectors on both sides of the Atlantic. ... read more
Gabon and Kyrgyz latest to ratify WTO trade deal
7 December 2016 | Michelle Russell
Gabon and the Kyrgyz Republic have become the latest countries to ratify the World Trade Organization's (WTO) Trade Facilitation Agreement (TFA), meaning just eight more ratifications are required before it comes into force.... read more
Honduras ratifies WTO trade facilitation agreement
18 July 2016 | Michelle Russell
Honduras has ratified the World Trade Organization's (WTO) Trade Facilitation Agreement (TFA), becoming the fifth central American nation to accept the new accord. ... read more
Li & Fung divests Asia distribution business
3 May 2016 | Michelle Russell
Global sourcing giant Li & Fung Limited has sold its Asia consumer and healthcare distribution business in a deal that will allow it to tighten its focus on its core trading and logistics operations.... read more
Iceland latest to ratify WTO trade deal
2 November 2016 | Michelle Russell
Iceland has become the latest country to ratify the World Trade Organization's (WTO) Trade Facilitation Agreement (TFA) in yet another sign of support for the landmark global deal. ... read more
Shipping giant CMA switches to sustainable fuel
15 November 2017 | Michelle Russell
French shipping giant CMA CGM is to equip its nine future containerships with engines using liquefied natural gas (LNG) as part of a commitment to become more sustainable.... read more
US calls on China to address WTO trade concerns
10 January 2017 | Michelle Russell
The US says real reform is needed if China is to improve its economic standing and its trading relationship with America – with continued major areas of concern including export restraints, subsidies, and inadequate transparency.... read more
Importers warned to check origin amid tariff confusion
19 September 2019 | Michelle Russell
US importers are being warned to take care ensuring they understand country of origin applicable rules and verify claims made by their suppliers amid confusion surrounding the implementation of the Section 301 tariffs.... read more
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