Tag: trade

Friday, December 28th 2018 - 08:44 UTC
Pakistan to resume negotiations with Mercosur for a free trade agreement

Pakistan has officially requested to resume negotiations with Mercosur for a free trade agreement, with discussions expected to begin in early 2019. Islamabad believes it is an opportunity to bridge the trade deficit with countries of the South American bloc.
Monday, November 19th 2018 - 08:16 UTC
UK promoting trade and investment in Brazil and Chile

British Chief Secretary to the Treasury, Elizabeth Truss visits Latin America to build relationships with Brazil and Chile. Ms Truss visited Brasília, São Paulo and Santiago for bilateral meetings with ministers and will follow-up on the second UK/Brazil Economic and Financial Dialogue (EFD), particularly on infrastructure.
Friday, November 9th 2018 - 08:41 UTC
China exports and surplus remain strong while imports started to pick up

China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. Import growth also defied forecasts for a slowdown, suggesting Beijing’s growth-boosting measures to support the cooling economy may be slowly starting to make themselves felt.
Wednesday, November 7th 2018 - 08:43 UTC
US and China agree to a top level meeting next Friday to ease bitter disputes

The United States and China will hold a delayed top-level security dialogue on Friday, the latest sign of a thaw in relations, as China’s vice president said Beijing was willing to talk with Washington to resolve their bitter trade dispute.
Saturday, November 3rd 2018 - 08:08 UTC
Russia and Argentina reach fisheries agreement to boost catches and trade

Russia and Argentina have approved a draft agreement on fisheries cooperation. The agreement will make seafood exports from Argentina to Russia significantly easier and boost trade volumes. Russia will also obtain a right to fish in Argentine waters, the agreement stipulates.
Friday, November 2nd 2018 - 09:01 UTC
Strong recovery of Argentine and Brazilian markets on signs of an improved Sino-US trade scenario

Latin American stocks soared on Thursday with Brazil shares touching an all-time high and Argentina's Merval stock index jumping 6,2%, as global risk appetite recovered on strong corporate earnings and signs that the Sino-U.S. trade war could be contained.
Thursday, October 18th 2018 - 08:24 UTC
Despite grumblings, US refrains from labeling China a “currency manipulator”

United States has refrained from labeling China a “currency manipulator” in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.
Friday, October 12th 2018 - 09:05 UTC
Chile wants lithium traded on the London Metals Exchange

Chile has called for lithium to be traded on the London Metals Exchange to provide greater “clarity” about its value, mining minister Baldo Prokurica said. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this lack of clarity has a chilling effect on potential new investment in the market since the metal’s value cannot be precisely measured.
Friday, October 12th 2018 - 08:54 UTC
Volatile session in US markets with indexes continuing the several sessions slide

Wall Street indexes continued their slide in Thursday’s volatile session as investors worried about rising interest rates and braced for a trade war hit to corporate earnings a day ahead of the quarterly reporting season kickoff.
Tuesday, October 9th 2018 - 09:02 UTC
Japan would welcome UK to the TPP with open arms, says PM Shinzo Abe

Britain would be welcomed into the Trans-Pacific Partnership trade pact “with open arms” by Japan, the country’s prime minister has said. Shinzo Abe also urged the use of “wisdom” during Brexit talks in order to avoid a no-deal withdrawal from the EU.