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Tag Archives: Trade

EU-Ecuador trade agreement deal could take effect in 2016

illicit trade

BERLIN: A trade agreement reached last year between Ecuador and the European Union could come into full effect by September 2016, once all necessary procedures are completed, the EU’s representative in Ecuador, Peter Schwaiger, said. The EU is the main market for Ecuador’s non-oil exports and the third-largest market for manufacturing exports. Last year, Ecuador exported to the EU goods ... Read More »

EU-Ecuador trade agreement deal could take effect in 2016

trade

BERLIN: A trade agreement reached last year between Ecuador and the European Union could come into full effect by September 2016, once all necessary procedures are completed, the EU’s representative in Ecuador, Peter Schwaiger, said Monday. The EU is the main market for Ecuador’s non-oil exports and the third-largest market for manufacturing exports. Last year, Ecuador exported to the EU ... Read More »

GPTI organises meeting to facilitate Pak-German traders

trade

BERLIN: German Pakistan Trade Investment (GPTI) has arranged a meeting and an interactive session for companies interested to start business or further their business with Germany. This may include export, import, joint ventures or transfer of technical know-how. The meeting will start by 4:30pm on Monday at a hotel. An audio/skype presentation will also take place with German organisation besides ... Read More »

Trade Extensions appoints first permanent sales Director for Germany and Eastern Europe

trade

BERLIN: Trade Extensions has appointed its first permanent Sales Director for Germany and Eastern Europe. Fabian Floto joins from CombineNet/ Sciquest where he was Director for Germany. He begins his role on 1 May 2015 The appointment reflects Trade Extensions growth and ambition over recent years that has seen it establish itself as the leading eSourcing and optimisation platform for ... Read More »

Turkey trade deficit rises 17.2% YOY to $6.15b in March

trade

ANKARA: Turkey’s trade deficit rose 17.2 percent year-on-year to $6.15 billion in March, according to Turkish Statistics Institute (TurkStat) data released. The median forecast for the March trade gap was of $6.24 billion March exports fell by 14.4 percent to $12.6 billion and imports fell by 6.1 percent to $18.7 billion. According to the data prepared by TurkStat in cooperation ... Read More »

Jordan’s foreign trade rises 3.8% to JD23b in 2014

amman

AMMAN: Jordan’s foreign trade index, covering exports and imports, rose 3.8 per cent last year reaching JD23 billion, compared to JD21.3 billion in 2013, according to a report issued by Amman Chamber of Commerce (ACC). The report showed that Jordanian exports in 2014 increased by 7.5 per cent to JD5.2 billion compared to JD4.8 billion the year before. National exports ... Read More »

Jordanian foreign trade hits 3.8% to JD23b in 2014

jordan

AMMAN: According to a report issued by Amman Chamber of Commerce (ACC)Jordan’s foreign trade index, covering exports and imports, rose 3.8 per cent last year reaching JD23 billion, compared to JD21.3 billion in 2013. The report showed that Jordanian exports in 2014 increased by 7.5 per cent to JD5.2 billion compared to JD4.8 billion the year before. National exports accounted ... Read More »

Turkey seeks to increase trade ties with Arab League nations

2011-trade-deadline-nba

ANKARA: Economy Minister Zeybekci says Kuwait, and other Arab League nations, all have resources that could be the ground for cooperation. Turkey’s Economy Minister Nihat Zeybekci called late Sunday to increase efforts aimed at boosting economic ties with Arab League nations. In his visit to Kuwait to participate in second Turkey-Arab League economy, trade and investment ministers meeting, Zeybekci attended ... Read More »

Turkey, Kazakhstan vow to increase trade volume to $10b from $3.1b

2011-trade-deadline-nba

ANKARA: Cooperation between Turkey and Kazakhstan is significant for the stability and security of the region, Turkish President Recep Tayyip Erdoğan has said, speaking at a press meeting with his Kazakh counterpart Nursultan Nazarbayev. Both leaders voiced their target of boosting the bilateral trade volume to $10 billion. It is a must for countries such as Turkey and Kazakhstan, symbols ... Read More »

South African wholesale trade rises to 3.1% in February 2015

trade

CAPE TOWN: The Stats SA reported on Thursday that wholesale trade sales rose 3.1 percent in February compared to January this year. Sales fell by 0.4% in February this year compared to February last year. The monthly increase bodes well for the outlook for retail sales, which on Wednesday were reported to be up a better than expected 1.9 percent ... Read More »

Switzerland’s foreign trade surplus drops CHF 2.47 billion in Feb

trade

BERN: According to Swiss Federal Customs administration, foreign trade surplus of Switzerland decreased in February 2015. The trade surplus in January was CHF3.41 billion which decreased in around CHF 2.47 billion in February. “As exports fell and imports rose in result foreign surplus decreased” Swiss Federal Customs Administration stated. Exports dropped a seasonally adjusted 3.2 percent in February, in contrast ... Read More »

Switzerland’s foreign trade surplus drops CHF 2.47 billion in Feb

trade

BERN: According to Swiss Federal Customs administration, foreign trade surplus of Switzerland decreased in February 2015. The trade surplus in January was CHF3.41 billion which decreased in around CHF 2.47 billion in February. “As exports fell and imports rose in result foreign surplus decreased” Swiss Federal Customs Administration stated. Exports dropped a seasonally adjusted 3.2 percent in February, in contrast ... Read More »

Switzerland’s foreign trade surplus drops CHF 2.47 billion in Feb

trade

BERN: According to Swiss Federal Customs administration, foreign trade surplus of Switzerland decreased in February 2015. The trade surplus in January was CHF3.41 billion which decreased in around CHF 2.47 billion in February. “As exports fell and imports rose in result foreign surplus decreased” Swiss Federal Customs Administration stated. Exports dropped a seasonally adjusted 3.2 percent in February, in contrast ... Read More »

Switzerland’s foreign trade surplus drops CHF 2.47 billion in Feb

trade

BERN: According to Swiss Federal Customs administration, foreign trade surplus of Switzerland decreased in February 2015. The trade surplus in January was CHF3.41 billion which decreased in around CHF 2.47 billion in February. “As exports fell and imports rose in result foreign surplus decreased” Swiss Federal Customs Administration stated. Exports dropped a seasonally adjusted 3.2 percent in February, in contrast ... Read More »

Greece, Russia sign trade deal of €4.2b, discuss natural gas supply

trade deal

ATHENS: Greece and Russia have signed a trade deal of €4.2 billion and discussed the renewal of the deal for natural gas supply to Greece. After the discussions between the two delegations, Greece Prime Minister Alexis Tsipras and Russian President Vladimir Putin talked to the press. Tsipras stated that his visit to Moscow aims at the renewal of Greece-Russian relations. ... Read More »

Switzerland’s foreign trade surplus drops CHF 2.47 billion in Feb

trade

BERN: According to Swiss Federal Customs administration, foreign trade surplus of Switzerland decreased in February 2015. The trade surplus in January was CHF3.41 billion which decreased in around CHF 2.47 billion in February. “As exports fell and imports rose in result foreign surplus decreased” Swiss Federal Customs Administration stated. Exports dropped a seasonally adjusted 3.2 percent in February, in contrast ... Read More »

Finnish trade balance shows deficit of €200m in February: Customs

fin

HELSINKI: According to the Finnish Customs statement, the trade balance showed a deficit of €200 million in February. Calculated from January to February 2015 there was a deficit of €525 million. During the same period in the year 2014 the balance of trade showed a deficit of €675 million. In 2014 the trade balance for February showed a deficit of ... Read More »

Turkish packaging industry posts $366m trade surplus in 2014

2011-trade-deadline-nba

ANKARA: Turkey’s packaging industry posted over $366 million trade surplus in 2014, keeping making a positive contribution to decreasing current account gap of the country, said head of Packaging Industrialists Association (ASD) and Petkim CEO Saadettin Korkut. Our sector continues to decrease the share of imported goods gradually and focus on making production with higher added value. In this vein, ... Read More »

Switzerland’s foreign trade surplus drops CHF 2.47 billion in Feb

trade

BERN: According to Swiss Federal Customs administration, foreign trade surplus of Switzerland decreased in February 2015. The trade surplus in January was CHF3.41 billion which decreased in around CHF 2.47 billion in February. “As exports fell and imports rose in result foreign surplus decreased” Swiss Federal Customs Administration stated. Exports dropped a seasonally adjusted 3.2 percent in February, in contrast ... Read More »

Malaysia posts RM4.52 billion trade surplus in Feb 2015

trade

KUALA LUMPUR: Malaysia registered the 208th consecutive month of trade surplus in February 2015, with a value of RM4.52 billion, the Ministry of International Trade and Industry (MITI) said. Trade for the month amounted to RM101.81 billion with exports and imports valued at RM53.17 billion and RM48.65 billion respectively, compared with RM58.91 billion and RM48.48 billion respectively in February 2014. ... Read More »