Trade-boosting North America Roadshow visits 12 UK cities in 12 days

Department for Business and Trade kicks off North America Roadshow, visiting 12 cities across the UK to promote business opportunities in the US and Canada. A trade-boosting roadshow will visit 12 UK cities in 12 days to help British businesses up and down the country increase their exports to North America. Organised by the Department for Business and Trade, the events will include a series of presentations and interactive sessions run by trade experts and sector specialists, including His Majesty’s Read Full Details…

Steady demand for white and red cabbage in food retail, sluggish export market

In the northern German growing region of Dithmarschen, the marketing of stored carrots is currently proceeding slowly. “The raw material is relatively expensive with mostly stable prices. In general, sales are a bit down, which may be partly due to the abundant supply situation. Domestic carrots are currently still offered in a wide range of varieties, whether bunch, snack, mixed or organic carrots, which is why the market is also somewhat saturated, in my view. We have been observing this Read Full Details…

Electronic invoicing could cut tax losses in international trade

The comprehensive study conducted by Perkumpulan Prakarsa research organization, as quoted on the opinion page of this newspaper on Feb. 20, is yet another illustration of the urgent need for the government to implement electronic invoicing in Indonesia’s international trade. By comparing United Nations Comtrade data on Indonesia’s imports and exports, as reported by Statistics Indonesia, with the same data reported by our trading partners, huge discrepancies have been revealed in just two commodities alone: fish and coal. By calculating Read Full Details…

Services exports to cross $300 bn this fiscal; $1 trillion achievable by 2030: SEPC

Services exports are recording a healthy growth rate and going by this trend, the outbound shipments will cross USD 300 billion in 2022-23, and tapping global opportunities would help achieve USD one trillion target by 2030, SEPC said on Sunday. Services Export Promotion Council (SEPC) Director General Abhay Sinha said support measures in the forthcoming foreign trade policy (FTP) would help further boost the exports. Performance of sectors including IT, ITeS, tourism and healthcare is helping the exports register significant Read Full Details…

60% of animal cafes in Japan harbor species restricted by international trade laws, study finds

Some 60% of animal cafes in Japan contain exotic species restricted by international trade laws, raising fears that their popularity may not just threaten their conservation, but may also heighten the risk of animal-borne diseases, a recent study found. There were 137 such cafes as of 2019, with the popularity of the businesses and demand for the animals potentially triggering overhunting in their native habitats, according to the study by institutions including France’s Sorbonne University and the non-governmental organization Traffic, Read Full Details…

Jamaican ganja farmers outraged after licence granted to import Canadian herb

KINGSTON, Jamaica – Some local ganja farmers are fuming over reports that a licence has been granted to a company to import Canadian cannabis into Jamaica. Speaking inside the ‘Jamaica Cannabis Industry Forum’ WhatsApp group, President of the Jamaica Cannabis Licensed Association, Rear Admiral Hardley Lewin, asked growers to figuratively “holster [their] weapons and keep [their] powder dry”, noting that the Cannabis Licensing Authority (CLA) was aware of the ire created within the local industry following the latest development. “I Read Full Details…

Adani Ports cross 300 million tonnes Cargo volumes to beat its own milestone

AHMEDABAD : Adani Ports and Special Economic Zone, a part of the diversified Adani Group, crossed 300 million tonne of cargo handling, thereby beating its own milestone. It took 329 days to reach the milestone, as compared to last year’s 354 days. The ports business of Adani Goup has registered growth since it started operations over two decades ago and continues to outperform all India cargo volume growth, with its market share rising rapidly. “The improvement in cargo volumes is Read Full Details…

Pressure on Kishida to boost economy after nominating new BOJ chief

TOKYO – After naming his choice for the Bank of Japan’s next governor, who is expected to pave the way for an eventual normalization of monetary policy, Prime Minister Fumio Kishida is likely to be urged to take steps to boost the flagging economy to prepare for such a transition. Should the central bank try to taper its purchases of government bonds, long-term interest rates would rise and debt prices fall. That would discourage companies and households from borrowing and Read Full Details…

Niger is Africa’s fastest growing country – how to feed 25 million more people in 30 years

Niger, a landlocked country in the dry Sahel region of Africa, struggles to feed its 25 million people. It currently ranks 115th out of 121 countries on the Global Hunger Index, and the number of people not getting enough to eat has increased from about 13% of the population in 2014 to 20% in 2022. Things could deteriorate even further as Niger confronts a “perfect storm”. The country has one of the highest population growth rates in the world, with Read Full Details…

Germany’s Scholz committed for Free Trade deal between India, EU

German Chancellor Olaf Scholz said on Saturday that he and India’s Prime Minister Narendra Modi were committed to sealing a free trade deal between India and the European Union (EU). “It’s an important topic and I’ll get personally involved,” Scholz said after his meeting with Modi in New Delhi. The EU and India revived negotiations to forge a free trade agreement last year with the aim of completing talks by the end of 2023. For the EU, a free trade Read Full Details…