More flexible policies needed to boost trade
The nature of exports has also been a worrying issue. Despite the addition of numerous manufactured products to the mix, raw materials and intermediates continue to take a disproportionately large share of the export basket. Iron ore as well as iron and steel exports have risen significantly this year, with the bulk of supplies going to China.
Published on: 01/09/2021Category:
Thailand challenges India in rice export from weakening baht
The Thai Rice Exporters Association president Charoen Laothammatas said exports began looking up after mid-year, with 419,578 tons, valued at 7.47 billion baht, being exported in July, up 7.6% and 4.9% respectively compared to June.
Published on: 01/09/2021Category:
Sri Lanka declares food emergency as forex crisis worsens
President Gotabaya Rajapaksa introduces emergency regulations to control prices of essential food items as private banks run out of foreign exchange to finance imports.
Published on: 31/08/2021Category:
Scrap 50% reduction in benchmark value, policy is crippling our business – Ghana Rice Millers
Ghana Rice Millers Association stressed it is only beneficial to a select few of rice importers.
Published on: 31/08/2021Category:
Kenya-Pakistan end tariff wars, draft MoUs for more trade
Kenya and Pakistan have ended a long-standing tariff war that hurt trade between the two countries, mainly Kenyan tea exports.
Published on: 31/08/2021Category:
Deficient Rainfall in August has Worried Farmers of India’s Rice Bowl States
Throughout August, when the paddy crop needs sufficient water, large parts of Central India—known as the rice bowl states—have received deficient rainfall, sending worrying signals to their farmers.
Published on: 31/08/2021Category:
WTO to examine U.S.-China dispute on grain import quotas
GENEVA, Aug 30 (Reuters) – The World Trade Organization said on Monday it would review a long-standing dispute between the China and the United States on Beijing’s use of import
Published on: 30/08/2021Category:
Global container shortage poses fresh export hurdle for India
After touching a record high in July 2021, Indian exports could witness a sharp slump in August due to a shortage of containers around the world. Here is all you
Published on: 30/08/2021Category:
Price storms sweep through Vietnamese businesses
According to Vietnamese businesses, the Covid-19 epidemic has made it difficult for them to maintain production and ensure on-time delivery. The higher transportation cost is “another hit”. Cao Nguyen Binh
Published on: 30/08/2021Category: