Tag: Trade

Categories Asia & Pacific

China defends quarantine measures on seafood imports from Australia, days after it halted timber shipment citing biohazard danger

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In the latest escalation between Beijing and Canberra, Australian seafood and timber exports have become the new targets of Chinese customs inspections, as Australia raises “serious concerns” over potential future trade bans. … Read More >China defends quarantine measures on seafood imports from Australia, days after it halted timber shipment citing biohazard danger

Categories World

EU has to maintain ‘pragmatism’ with UK, German top official says, citing lack of progress in trade talks

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Germany’s deputy finance minister said on Friday that the European Union will need pragmatism in its relations with the UK because the City of London remains Europe’s biggest financial center. … Read More >EU has to maintain ‘pragmatism’ with UK, German top official says, citing lack of progress in trade talks

Categories Business

Global trade to take major hit this year with Covid-19 resurgence threatening more damage – UN report

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The coronavirus crisis is set to cut the volume of global trade by seven to nine percent in 2020 compared to the previous year, a United Nations trade body has said, warning of still uncertain recovery prospects. … Read More >Global trade to take major hit this year with Covid-19 resurgence threatening more damage – UN report

Categories Op-ed

China-Australia relations are deteriorating fast, and it’s Canberra’s loyalty to US and hostility to Beijing that’s to blame

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As China considers a ban on coal from Australia, the government in Canberra faces a difficult dilemma. How does it keep Beijing – its biggest trading partner – happy, without upsetting its key security partner, the US? … Read More >China-Australia relations are deteriorating fast, and it’s Canberra’s loyalty to US and hostility to Beijing that’s to blame

Categories Middle East

Unofficial Saudi ban on Turkish products impacts global fashion brands as rivalry between Riyadh & Ankara intensifies

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Saudi Arabia has forbidden all Turkish-made goods from being brought into the country, Spanish clothing group Mango has told its suppliers in a letter seen by the Financial Times. Riyadh insists that it is committed to free trade. … Read More >Unofficial Saudi ban on Turkish products impacts global fashion brands as rivalry between Riyadh & Ankara intensifies

Categories Op-ed

How Iran-China Strategic Partnership May Hammer Final Nail in Coffin of US’ Maximum Pressure Policy

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A draft of an economic and security deal between the People’s Republic of China and the Islamic Republic of Iran previously leaked by The New York Times is continuing to reverberate in the international media. Iranian political analyst Mahan Abedin has explained the fuss over the accords and shed light on Iran’s strategic shift towards the East. … Read More >How Iran-China Strategic Partnership May Hammer Final Nail in Coffin of US’ Maximum Pressure Policy