Trade – Page 18 – THE OVAL CIRCLE

Venezuela Reportedly Sends Ship Full of Aluminium to Iran Following Fuel Deliveries From Tehran

Posted on August 30, 2020August 30, 2020By Editor

The two countries have been actively cooperating after unilateral US sanctions started affecting their economies. Tehran has namely delivered several shipments to help Caracas restart its massive oil refining industry. … Read More >Venezuela Reportedly Sends Ship Full of Aluminium to Iran Following Fuel Deliveries From Tehran

Business

US-China trade deal is still alive & making progress despite escalating tensions, officials say

Posted on August 26, 2020August 26, 2020By Editor

Global markets remained steady on Tuesday after Washington and Beijing reaffirmed their commitment to their historic trade agreement even as the two economic giants have disagreements on multiple fronts. … Read More >US-China trade deal is still alive & making progress despite escalating tensions, officials say

Latin America

Maduro Says Can’t Reveal Full Extent of Venezuela’s Cooperation With Iran

Posted on August 26, 2020August 26, 2020By Editor

Venezuelan President Nicolas Maduro has expressed gratitude to Iran for its continued assistance in overcoming US sanctions pressure on his country’s energy sector. … Read More >Maduro Says Can’t Reveal Full Extent of Venezuela’s Cooperation With Iran

Business

China’s exports surge in July due to demand for medical masks & other lockdown goods

Posted on August 7, 2020August 7, 2020By Editor

Data from China’s General Administration of Customs showed on Friday the country’s dollar-denominated exports rose 7.2 percent last month, well ahead of analysts’ expectations. Imports fell 1.4 percent from a year ago. … Read More >China’s exports surge in July due to demand for medical masks & other lockdown goods

Business

Russia building new seaport to boost trade with Iran, India & Kazakhstan

Posted on August 2, 2020August 2, 2020By Editor

A seaport with a capacity of 12.5 million tons will be constructed in Russia’s Kalmykia region, near the city of Lagan. It will connect the operating ports of Iran, India, and Kazakhstan with Russia. … Read More >Russia building new seaport to boost trade with Iran, India & Kazakhstan

Business

China becomes largest importer of Russian meat

Posted on July 29, 2020July 29, 2020By Editor

Russia more than doubled its meat exports in the first six months of this year, RBC daily reports, citing data from the Russian Agricultural Bank. China has become the largest buyer of Russian meat, ahead of Ukraine, data showed. … Read More >China becomes largest importer of Russian meat

Business

China rising to become Germany’s top export destination

Posted on July 18, 2020July 18, 2020By Editor

A new study by the German Economic Institute (IW) showed that Germany’s export markets continued to deteriorate as the Covid-19 crisis severely impacted global trade. … Read More >China rising to become Germany’s top export destination

Business

China vows to stick to trade deal with US despite rising conflict

Posted on May 23, 2020May 23, 2020By Editor

Beijing has reiterated its commitment to the trade agreement with the US despite aggressive rhetoric from Washington over the devastating economic impact of the coronavirus crisis. … Read More >China vows to stick to trade deal with US despite rising conflict

Business

Does China need US or does US need China? RT’s Boom Bust finds out

Posted on May 15, 2020May 15, 2020By Editor

As part of the ‘phase one’ trade deal, Beijing on Tuesday issued a new list of US products to be exempt from trade tariffs. This came as the US threatened to terminate the deal if China fails to meet its purchase commitments. … Read More >Does China need US or does US need China? RT’s Boom Bust finds out

Business

Russian Arctic sea route shipping exceeds 10 million tons in Q1

Posted on May 13, 2020May 13, 2020By Editor

Freight transportation via Russia’s Northern Sea Route (NSR) grew 4.5 percent year-on-year from January to April, exceeding 10 million tons, the Federal Agency for Maritime and River Transportation, Rosmorrechflot, said. … Read More >Russian Arctic sea route shipping exceeds 10 million tons in Q1