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Author Archives: CT Report

FIA arrests 112 human traffickers


LAHORE: The Federal Investigation Agency (FIA) has arrested 112 notorious human traffickers from Gujrat, Lahore, Sheikhpura, Mandi Bahwal din and Lala Musa in different raids. The arrested suspects were involved in sending innocent citizens to foreign countries on bogus documents by earning millions of rupees, as numbers of complaints were registered against them. The FIA also recovered 512 passports and ... Read More »

Nepalese PM for higher textile exports


KATHMANDU: Following Washington’s decision to allow duty free import of readymade garments from Nepal, Prime Minister KP Sharma Oli has urged entrepreneurs to increase the production of such textiles. The Prime Minister who met representatives of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI), the Confederation of Nepalese Industries (CNI) and the Nepal Chambers of Commerce (NCC), also ... Read More »

Brazilian port exports first grain shipment


ANTONINA: The Ponta do Félix Terminal at the Port of Antonina in Brazil will export its first grain shipment, 25,000 tonnes of soybean meal, the Administration of Paranaguá and Antonina (APPA) announced on Dec. 30. The product is 100% produced and processed in Paraná and is not genetically modified. It will be exported to Europe for the company Parana IMCOPA. ... Read More »

Iraq’s southern oil exports hold near record in Dec.


BAGHDAD: Oil exports from southern Iraq have held near a record high in December, cementing its role as the world’s fastest source of supply growth in 2015 despite battles against Islamic State and concern that plunging oil prices would undermine output growth. The strong supply from Iraq is an indication of continued high output from leading members of the Organization ... Read More »

Russia plans arms export sales of $15b in 2016


MOSCOW: Russia has fulfilled its plan for 2015 on arms exports with a total of more than $15 billion and plans to sell the same amount in 2016, a highly placed official from the Russian Federal Service for Military-Technical Cooperation said Wednesday. “The plan for 2015 has been completed with the production of military equipment delivered with a total of ... Read More »

Thailand rice exports down in first 11 months


BANGKOK: Thai rice exports to the end of November this year were down 9.6% year-on-year to 8.6 million tonnes and the value down by 10.2% to US$4.1 billion, the Thai Rice Exporters Association said. The association expected Thailand would export about 1 million tonnes of rice in December, lifting the total for the year to about 9.6 million tonnes, Thai ... Read More »

Russia’s food exports continue to grow


MOSCOW: In 2015, agricultural exports from Russia could reach $20 billion, which is $5 billion more than in the previous year, the Russian Ministry of Agriculture has estimated, based on statistical data for the first three quarters. More than two thirds of Russia’s exports of food and agricultural products are aimed at foreign countries. The key trading partners include the ... Read More »

Ethiopia imports 222,000 tons of grain for drought victims


ADDIS ABABA: Ethiopia is importing 222,000 tons of grains to avoid supply shortage following the El Nino induced drought and to stabilize the market, the country’s Strategic Emergency Food Reserve Agency announced. Gizaw Abute, the agency’s acting public relations director said they are also in the process of additional purchasing of 405,000 metric tons of grain as part of efforts ... Read More »

Lithuania suspends French poultry imports due to bird flu


VILNIUS: Lithuania has suspended some imports of poultry from France due to an outbreak of bird flu in that country, informs LETA/BNS. The State Food and Veterinary Service (VMVT) on December 28 ordered a temporary ban on the imports of live birds of all types, hatching eggs, fresh, minced poultry meat, poultry meat preparations and other products from the French ... Read More »

South Korea resumes imports of Canadian beef


SEOUL: South Korea has resumed quarantine inspections of Canadian beef after no mad cow cases have been reported in the North American country in over 10 months, the agriculture ministry said. The Ministry of Agriculture, Food and Rural Affairs said it has again started inspecting beef from cattle under 30 months old after halting all imports on Feb. 13. The ... Read More »

New Zealand increases palm kernel imports

New Zealand palm kernel

WELLINGTON: Despite recommendations from Fonterra that farmers should not feed more than 3kg per cow per day, New Zealand dairy farmers palm kernel (PKE) imports increased by 60% in November. In October, 138,763t of the controversial livestock feed supplement was imported; this increased to 222,413t in November. In November 2014, this figure was 178,381t, according to Statistics NZ data. Imports ... Read More »

Iraq to stop imports of refined sugar as production rises


BAGHDAD: Iraq will stop imports of refined sugar for a government food distribution programme, as the nation’s own production rises, officials said on Wednesday. The government has signed a contract with Etihad to be supplied with sugar from its refinery in Hilla, south of Baghdad, said Qasim Hmoud, Iraq’s State Company for Foodstuff Trading’s general manager, in a statement on ... Read More »

South Africa records trade surplus for Nov.


CAPE TOWN: SA recorded a trade surplus of R1.77bn for November, a turnaround from the R5.34bn deficit recorded in November 2014, according to figures released by the SA Revenue Service (SARS) today. The cumulative deficit for 2015 of R58.18bn is 42.1% less than in the same period last year, when it was R100.48bn. The news had little effect on the ... Read More »

Dubai non-oil foreign trade worth Dh966b in first 9 months


DUBAI: Dubai’s non-oil foreign trade reached Dh966 billion during the first nine months of 2015, compared to Dh988 over the same period in 2014, despite the fall in oil and gold prices. Imports had the biggest share of the overall trade with a value of Dh597 billion while exports and re-exports totalled Dh100 billion and Dh269 billion respectively. From January ... Read More »

Russia-Ukraine trade turnover down 80% in 2015


Trade turnover between Russia and Ukraine decreased by 80% in 2015, First Deputy Minister of Economic Development Alexey Likhachev said in an interview aired by the Rossiya-24 TV news channel. “Trade turnover has already taken a beating as it will plunge by 80% by the end of 2015 compared with the “fattest” years,” he said, adding that “this is the ... Read More »

China foreign service trade deficit narrows

China foreign service

BEIJING: China’s deficit in foreign service trade narrowed in November, data from the State Administration of Foreign Exchange showed yesterday. The deficit fell to US$15.6 billion from US$89.2 billion in October. The State Council has pledged measures to accelerate development of trade in services, including gradually opening up the finance, education, culture and medical treatment sectors. SAFE began issuing monthly ... Read More »

China-North Korea trade zone fails to get off the ground


PYONGYANG: It is supposed to be a key economic gateway to reclusive North Korea. But two months after its opening, business activity in a trade zone of the Chinese border city of Dandong is flat. Shops lie empty and customers are in seriously short supply. Why? The duty-free zone manager is vague. “Nothing has been decided yet. The space could ... Read More »

Ukraine to ban imports of Russian goods


KIEV: The Ukrainian government will approve a ban on the import of some Russian goods later on Wednesday, said Prime Minister Arseny Yatseniuk, a retaliatory move in a growing trade row between the two former allies. Yatseniuk, in televised comments at a cabinet meeting, said the government would also adjust duties on Russian imports, but gave no details. “For every ... Read More »

Scotland police seize drugs worth £10K in Girvan


GIRVAN: Drugs with an estimated street value of £10,000 have been recovered by Community Policing officers in Girvan last week. About 10.40am on Sunday (27th December) police officers searched a house in Ailsa Street East, Girvan under warrant and recovered a quantity of class A and B drugs. A 26 year-old man from the town was arrested and held in ... Read More »

Arizona-Mexico border sees drop in arrests, seized cash and drugs


PHOENIX: Fewer people were arrested and less cash and drugs were seized at checkpoints along the Arizona-Mexico border in 2015 than last year, a report said. “We apprehended 70,074 people in Arizona in fiscal year 2015 and that’s a 25 percent decrease from 2014,” John Lawson with U.S. Customs and Border Protection said. More people were turned away from entering ... Read More »