News

Bed rooms’ furniture remains its leading position in Vietnamese exports
Bed rooms’ furniture remains its leading position in Vietnamese exports

12/12/2007

According to the official statistics of theGeneral Department of Vietnam Customs, the exporting turnover of bed rooms’ furniturein June reached 52.4 million US dollars, increased by 48.4% in the comparisonwith that of June 2006, which boosted the total exporting turnover of this kindof furniture in the first six months of 2007 to 276 million US dollars,increased by 27.4% year on year. The exporting turnover of bed rooms’ furnitureaccounts for 23.6% the total exporting turnover of wooden products. In general,in the first seven months, the export of bed rooms’ furniture is estimated toreach 332 million US dollars, increased 29.4% year on year. 
Argentina to resume soybean export to Asian markets
Argentina to resume soybean export to Asian markets

12/12/2007

TheArgentina government highly appreciated therecent decision made by Indian government which allowArgentina toresume their export of soybean oil to Indian market. The removal of ban wasdecided after investigation results showed that oil made from genetic soybeanposes no threat to human health and environment. 
China continue to apply steel export restraints
China continue to apply steel export restraints

12/12/2007

According to theNational Development and Renovation Committee of China,China government will continue to applynew measures to restrain the export of steel, in an effort to enhance theefficiency in using energy and limiting the emersion of polluted gas. 
Indonesia to ban 26 Chinese cosmetics products
Indonesia to ban 26 Chinese cosmetics products

12/12/2007

According to Jakarta Post online,on August 8th,Indonesiagovernment officially released a list of 26 cosmetics products fromChina to be prohibited from enteringIndonesiamarket.  
US to apply higher examination fee on imported fresh vegetable
US to apply higher examination fee on imported fresh vegetable

12/12/2007

The US Department of Agriculture has issued a new regulationin which imported fresh vegetable will be subject to a 15% higher examinationfee for the financial year 2007-2008. This new regulation will come into effectfrom August 31, 2007.
Russia intends to remove their ban on rice import from Pakistan
Russia intends to remove their ban on rice import from Pakistan

12/12/2007

According to therecent news,Russia iswilling to withdraw their ban order on rice and mango import fromPakistan. Theofficial announcement will be delivered in the upcoming visit of high rankingPakistani delegation in second week of August. 
China to remove rice import ban from Japan
China to remove rice import ban from Japan

12/12/2007

Rice export fromJapan toChina has been resumed since July26, 2007 right after the Chinese Government decided to remove the import ban onJapanese rice, which has been applied for 4 years. 
Brazil won in the cotton subsidy lawsuits
Brazil won in the cotton subsidy lawsuits

12/12/2007

The World Trade Organization (WTO) has recently issued the preliminaryruling over the  cotton subsidy lawsuitagainst the United States, in which it is determined that US has violated theinternational trade laws by providing subsidies for its cotton exports to gainadvantages in competition with Brazilian and other West Africa producers. 
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