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Samuda extends CET waiver on cement importation

28/09/2008

Industry and Trade Minister Karl Samuda has extended a waiver of the Common External Tariff (CET) on cement importation for another six months to allow 240,000 tonnes to be imported into the island.

RP-Japan deal faulted

28/09/2008

"Loopholes" are beginning to emerge from the Philippines’ free trade deal with Japan a month after it was signed and sealed, with experts seeing no apparent gain and warning the country could find itself on the losing end.

MARD develops tra catfish plan

28/09/2008

An overabundance of tra catfish has made farmers in the Cuu Long (Mekong) Delta lose hundreds of billions of dong, resulting in 20 per cent of total farmers abandoning tra fish farming. To compound this problem, it has been very difficult to obtain capital for rearing a new crop.

China-EU reach trade consensus

28/09/2008

The 23rd China-EU Joint Economic and Trade Committee co-chaired by Chinese Commerce Minister Chen Deming and European Trade Commissioner Peter Mandelson in Beijing on Sept. 25 has led to consensus on a variety of issues. In the face of the international financial turbulence the two sides highlight the important role they can play in stabilizing the world economy by consolidating their economic and trade ties through opening up and cooperation.

WTO chief warns against protectionism amid financial crisis

27/09/2008

INTERNATIONAL. WTO Director General Pascal Lamy, in his keynote address to the WTO Public Forum on Wednesday, said that an important lesson of the Great Depression “is that protectionism and economic isolationism do not work”.

Economic success still depends on what happens at home

27/09/2008

For five decades, developing countries that managed to develop competitive export industries have been rewarded with astonishing growth rates: Taiwan and South Korea in the 1960s, Southeast Asian countries like Malaysia, Thailand, and Singapore in the 1970s, China in the 1980s, and eventually India in the 1990s.

US postpones announcing anti-dumping tax on Vietnam’s shrimp

22/09/2008

VietNamNet Bridge – The US has delayed an announcement of the results of its third administrative review on Vietnam’s shrimp exported to the US until March 2, 2009 instead of October 31 this year as originally scheduled, said the Vietnam Association of Seafood Exporters and Processors (VASEP).

Trade Liberalization Continuing Despite Doha Impasse

22/09/2008

The 2009 rankings of trade freedom in countries around the world, developed by The Heritage Foundation as part of its annual Index of Economic Freedom and released to the public today,[1] show many countries moving ahead on their own to lower tariffs and cut other barriers to trade.