Netherlands is the second largest exporter of agricultural produce in the world.
Reposted from The Express Tribune
A number of Dutch companies are contributing to Pakistan’s growing economy and trying to create a win-win situation for both countries, Netherlands Embassy’s First Secretary and Head of Economics Robert Dresen says.
He was talking to representatives of the business community of south Punjab at the Multan Chamber of Commerce and Industry (MCCI).
He observed that his country has a vibrant economy and is the fifth largest exporter of goods and the second largest exporter of agricultural produce in the world. More…
The Ticfa will open up opportunities for Bangladesh and the US to further broaden bilateral trade relations.
Reposted from The Daily Star
The Bangladesh cabinet has approved a proposal to sign Trade and Investment Cooperation Framework Agreement (Ticfa) to bolster commercial ties with the US ending months of haggling.
The approval came Monday at a regular weekly meeting of the cabinet chaired by Prime Minister Sheikh Hasina.
The much-talked-about agreement will offer a platform for Bangladesh and the US to discuss bilateral trade issues, including the trade barriers and opportunities and also investment in the two countries. More…
President Hamid spoke about future investment opportunities between Bangladesh and Denmark during a farewell visit paid by Denmark’s outgoing Ambassador.
Reposted from The Bangladesh Today
President Abdul Hamid yesterday urged Denmark to make investment in the country’s potential sectors, like ship building, ICT, energy and power, marine fisheries, infrastructure development, and other various sectors, reports BSS.
The President said this while outgoing ambassador of Denmark in Dhaka Svend Olling paid a farewell call on him at Bangabhaban this afternoon. More…
South Korea is a very rewarding market for Pakistani fruits where importers are inclined towards value addition products.
Reposted from Daily Times
By Tanveer Sher
Pakistan could tap $2 billion dollar market of South Korea with the export of different varieties of mangoes by the next few years as it shipped its consignment to South Korea first time in the history.
The country got approval of exporting mangoes last year after inspection of quality and standard of flavors of mangoes. This year the country is being allowed to export 500 tonnes mangoes however the first consignment shipped carried around 10 tonnes of mangoes. More…
Bangladesh’s imports are recovering after dropping by 13% in February.
Reposted from Bangladesh Business News
Bangladesh’s overall import orders increased significantly in March last over the previous month despite political turmoil, officials said Monday.
Opening of LCs against imports, generally known as import orders, increased by 14.44% to US$3.28 billion in March, 2013 from $2.87 billion in February, according to the central bank statistics. More…
Reposted from The Jakarta Post
As of last year, Indonesia and Myanmar’s bilateral trade reached $465 million, increasing 7.98 percent from $430.7 million in 2011.
By Agnes Winarti
Despite the ongoing communal tensions in Myanmar, both Indonesia and Myanmar have reiterated their commitment to achieving US$1 billion in trade volume by 2016.
“We are able to review the state of our economic relations and trade, especially our efforts to achieve $1 billion trade value by 2016, as well as our promotion of investment and progress in capacity building,” Foreign Minister Marty Natalegawa told journalists after the third meeting of the joint commission for bilateral cooperation between the two countries on Wednesday. More…
Reposted from Mizzima
The EU scheme grants developing nations preferential access to the 27-nation bloc for several products in the form of lower tariffs.
The European Union on Wednesday readmitted Myanmar to its trade preference scheme, saying it wanted to support reform in the once pariah state through economic development.
Myanmar’s membership of the scheme was withdrawn in 1997 due to concerns over the use of forced labour under the then-military junta.
But the EU said the International Labour Organisation had last year reported “necessary improvements” to labour practices in Myanmar, which was formerly known as Burma. More…
Reposted from DAP News
The port is expected to list on Cambodian Security Exchange later this year.
The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday.
During January-May period this year, the state-owned port had received 112,200 twenty-foot-equivalent units, or TEUs (standard- sized containers), up 14 percent from 98,500 TEUs in the same period last year, according to the port’s statistics. More…
Reposted from Bloomberg Businessweek
In April, the World Bank cut a forecast for 2013 Mongolian economic growth to 13 percent from 16 percent, citing declines in exports and foreign investment.
by Michael Kohn
Mineral-rich Mongolia’s export income dropped in the first five months of this year as a result of falling coal prices paid by China, the nation’s largest trading partner.
Mongolia’s exports fell 3.3 percent to $1.64 billion in the first five months of this year from the same period last year, the National Statistics Office said in a release on its website yesterday. The value of coal shipments declined 44 percent to $448.6 million, while volumes dropped 14 percent to 6.33 million tons, according to the statement. More…
China’s Premier recently held talks with Fiji’s Prime Minister
Reposted from XinhuaNet
Chinese Premier Li Keqiang on Wednesday held talks with Fijian Prime Minister Josaia Voreqe Bainimarama.
Li reviewed the smooth growth of China-Fiji relations and remarkable cooperation in various fields since the two countries forged diplomatic relations in 1975. More…