Exporters

To control soaring prices, Center caps sugar exports: The Tribune India

Tribune press service New Delhi, May 24 In order to maintain domestic availability and price stability of sugar in the country during the 2021-22 sugar season (October-September), the Center has also decided to regulate sugar exports from June 1 until further notice. . India is the world’s largest producer India is the world’s largest sugar ...

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Column: China’s recovery and supply concerns are causing iron ore to soar

The logo of Australian group Fortescue Metals (FMG) can be seen on a bulk carrier loaded with iron ore in the coastal town of Port Hedland, Western Australia November 29, 2018. Picture taken November 29, 2018. REUTERS/Melanie Burton Join now for FREE unlimited access to Reuters.com Register LAUNCESTON, Australia, May 23 (Reuters) – Iron ore prices have applauded China’s decision ...

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Growers and exporters relieved Chinese market opens again to Canadian canola seeds

Before the trade tensions, the Chinese market accounted for 40% of Canadian canola exports. The Canadian Canola Growers Association (CCGA) has welcomed China’s removal of restrictions on Canadian canola exports. CCGA President Mike Ammeter said restored access is integral to the competitiveness of canola growers. “With 90% of canola exported, open and predictable trade is critical to the success of ...

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EEG: FEC approves payment of N375 billion to 285 exporters

The Federal Executive Council (FEC) has approved the disbursement of N375 billion for Export Expansion (EEG) to 285 beneficiaries. With approval, it will pass to the National Assembly at any time for legislative approval. The Executive Director/CEO of the Nigerian Export Promotion Council (NEPC), Dr. Ezra Yakusak, confirmed this weekend in Abuja, adding that the sum would effectively clear the ...

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Relief for 285 companies as FG approves payment of N375bn export debt – The Whistler Nigeria

The Federal Executive Council chaired by President Muhammadu Buhari has approved the payment of N375 billion as backlog of export expansion grants to 285 non-oil exporters. The amount was confirmed by the Executive Director/Chief Executive of the Nigerian Export Promotion Council, Dr. Ezra Yakusak during an interview on the sidelines of the Export for Survival Walk in Abuja. The EEG ...

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A Closer Look at the WASDE Report

USDA forecasts show that Ukraine’s exports will drop from 19 mmt in 2021-22 to 10 mmt in 2022-23. The USDA forecast also shows that India will increase its exports in 2022-23 from 8.15 mmt to 8.5 mmt. This is despite ongoing concerns that a heat wave has robbed the country of production potential, prompting some analysts to call for a ...

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Rice exports dry up due to foreign exchange restrictions and rising prices

The surprise move to fix the kyat rate has hurt the competitiveness of Myanmar’s rice exports, traders say, and overseas orders are already starting to decline. By FRONTIER Rice traders are warning that the regime’s recent move to peg the exchange rate could cripple exports, with potentially big effects on the country’s farmers. The sector was showing strong signs of ...

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Freight rates draw fruit industry’s ire | Article

Show in full screen The news that some of the world’s leading shipping companies posted record profits in the first quarter of 2022 has not gone down well in South African fruit circles. Justin Chadwick, chief executive of the South African Citrus Growers’ Association (CGA) was one of the most vocal critics, pointing out that shipping companies and other parts ...

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Port labor talks pose new complication for supply chain

West Coast dockworkers and stevedoring companies are set to begin contract negotiations this week that carry high stakes for a U.S. economy that has been ravaged by supply chain disruptions. The labor negotiations cover approximately 22,400 workers at 29 ports, including major Southern California facilities that are the nation’s busiest gateway for imported goods. Similar negotiations have been lengthy and ...

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Goyal urges Indian project exporters to explore developed world markets

Union Trade and Industry Minister Piyush Goyal on Thursday (5 May) urged project exporters to diversify and enter developed world markets and urged them not to limit themselves to line projects government credit and projects in the developing world. Goyal said this during his keynote speech at the “Summit on Enhancing Global Opportunities for Indian Project Exporters” hosted by Exim ...

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Brazil’s commodity sales to Arab countries soar as importers stock up on food

SAO PAULO, May 3 (Reuters) – Brazilian exports to the 22 countries of the League of Arab Nations rose in the first quarter amid soaring prices for agricultural raw materials and a drive to stock up on food, according to a statement sent to Reuters on Tuesday. Brazil’s total exports to the group reached $3.86 billion during the period, an ...

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More Coffee Buying Stalls Appear

Coffee-buying stalls are springing up at strategic locations in Goroka, Eastern Highlands Province, as the 2022 coffee year approaches. Stalls can be seen from Paragon to Faniufa to Mambu and even to the western end of Goroka serving parchment coffee from Henganofi, Okapa and Lufa districts and local government areas of Unggai and of lower Bena of the district of ...

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How ADR will engage importers and exporters in Nigeria – The Sun Nigeria

A a fortnight ago, we debated the place of alternative dispute resolution methods in the application of regulatory powers. In today’s article, we focus on the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) which was established by an Act of the National Assembly in 2007. The Act aimed to professionalize a group strategy of maritime practitioners hitherto ...

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Ringgit weakness is a boon for exporters, but rising commodity prices could negate the positives

KUALA LUMPUR (April 28): While exporters are usually touted as the big winners from a weak Malaysian ringgit, it’s not so clear cut this time around as companies also experience rising commodity prices, amid the recent unprecedented chain of events. . Despite the recent rally in crude palm oil (CPO) futures and Brent crude oil prices to near record highs ...

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Now direct shipping to Spain and the Netherlands from May 20

Exporters in the country will benefit from direct shipping to two other European destinations – Rotterdam in the Netherlands and Barcelona in Spain – as three ships begin operating from the port of Chattogram on May 20. Reliance Shipping and Logistics ships – MV Spica, MV Andromeda J and MV Music – will depart Chattogram fortnightly with export cargo. The ...

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Thousands of farmers stage anti-tax protest in Argentina’s capital

BUENOS AIRES (Reuters) – Thousands of Argentine farmers demonstrated in Buenos Aires on Saturday against President Alberto Fernandez, whose policy of containing food prices to curb runaway inflation has been criticized by the agricultural sector. Argentina is one of the world’s leading food exporters and the sector is key to Latin America’s third largest economy. Protesters waved Argentinian flags and ...

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CESTAT Restore the customs agent license

The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) headed by Judge Dilip Gupta (President) and PV Subba Rao (technical member) reinstated the customs broker’s license because the show cause notice or investigation report lacked details of the non-existence of the exporter. The appellant, M/s. Perfect Cargo and Logistics, is licensed as a customs broker under ...

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Growth in export sales stagnates, says BCC

A survey of over 2,700 UK exporters found that UK export sales growth has effectively stagnated over the past year. The UK Chambers of Commerce’s quarterly business confidence outlook showed the proportion of exporters reporting an increase in overseas sales was unchanged from the fourth quarter at 29%, while those reporting a decline increased by 1 point to reach 25%. ...

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Crises in Sri Lanka and Nepal: Labour-intensive exports will suffer

A simmering currency crisis in Nepal, in addition to Sri Lanka’s worst economic crisis since 1948, has added to concerns among Indian exporters, who fear a 20% drop in supplies to neighbors in FY23 by compared to the previous year, unless the situation improves soon. Exporters FE spoke to said the drop in shipments to Sri Lanka could be more ...

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Indian exports hit $670bn in FY22 as services hit record $250bn

India exported $250 billion worth of services in 2021-22, a new record, Trade Minister Piyush Goyal said on Wednesday. Goyal, who previously predicted a record $400 billion in merchandise exports in 2021-22 based on provisional data, raised that figure to $419.65 billion on Wednesday. This brings India’s total exports to nearly $670 billion in 2021-2022, a figure that is sure ...

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Onion export demand rises as domestic prices fall

Onion export demand has resurfaced as domestic prices plummet, but exporters continue to be affected by container shortages and high freight rates. “Exports are up while domestic prices are down. But we are not able to meet our orders because containers are not available and freight costs are high,” said Ajit Shah, President of the Horticultural Products Exporters Association (HPEA). ...

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Furniture exporters urged to tap Chinese market

ISLAMABAD: The Furniture Council of Pakistan has urged local exporters to further exploit the potential of the Chinese market, in addition to focusing on improving the quality of their products to international standards. On Sunday, PFC Director General Mian Kashif Ashfaq, during an interview with a delegation of exporters led by Ishtiaq Ahmad Motianwali Sarkar, said the recent upward trend ...

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CBN to start payment of N65 forex rebate to exporters

Nigeria’s Central Bank of Nigeria has announced that it will start paying a N65 rebate to exporters who sell their goods through the Importers and Exporters (I&E) window, at the end of the first quarter. CBN Governor Godwin Emefiele said this shortly after the signing of the term sheet between the Infrastructure Corporation of Nigeria (InfraCorp) and independent asset managers ...

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SAINT LUCIA SHOWS NEW GROWTH IN REGIONAL EXPORTS

Sunita Daniel, CEO of Export Saint Lucia. Export Saint Lucia continues its efforts to help Saint Lucian producers enter new markets and strengthen their presence in existing markets. Tasked with this mandate, the Agency’s technical officers recently embarked on a regional trade mission, the overall objective of which was to obtain supplies and strengthen the markets for ...

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Arizona exports rebound in 2021, nearly full recovery

Exports from Arizona businesses grew more than 20% in 2021, reaching near-record levels set before the pandemic and signaling renewed strength in the Arizona economy. Exports reached $24.1 billion last year, up from $19.8 billion in 2020 and just below the $24.6 billion mark set in 2019. READ ALSO: Investing $969 Million in Arizona Through Infrastructure Act Semiconductor exports rose ...

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Network of Living Young Exporters Receives Funds for Drought Resilience | weekly farm

FROM FORCE TO FORCE: Kari Moffat, President of the Young Livestock Exporter’s Network, says DAWE’s support is a key step in securing sustainable funding for the organization. The Young Livestock Exporters Network is one of the beneficiaries of the Networks to Strengthen Drought Resilience program of the Ministry of Agriculture, Water and Environment. The funding will allow YLEN to develop ...

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Pending payments from Russia worry exporters

Indian exporters, in a dilemma over pending payments from Russian importers, are asking for government and major bank intervention to resolve their problem. Among those affected are mainly people involved in the export of tea, steel, chemicals and pharmaceuticals. Payments, amounting to millions of dollars, are blocked due to Western sanctions, according to a report by Economic periodRussia being excluded ...

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India hits crucial $1 trillion merchandise trade milestone for the first time in FY22

India’s annual merchandise trade passed the crucial $1 trillion mark for the first time even before the end of the fiscal year, a senior government official told FE, as exports and imports hit new heights. It surpassed the previous record high of $844 billion, reached in fiscal year 2019, by a wide margin. After a Covid-induced dip in FY21, India’s ...

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What a milestone entails in merchandise exports

India met its $400 billion merchandise export target for FY22, supported by strong performance in petroleum products, precious and semi-precious stones, engineered goods, medicines and pharmaceuticals. Mint examines what this step means for the economy. What policy measures led to this boost in exports? India’s updated foreign trade policy, launched on April 1, 2015, streamlined old export promotion programs and ...

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In search of a WTO-compatible carbon border adjustment mechanism

The Paris Agreement initiated a cooperative approach to tackling climate change, but the movement is running out of steam – hence the call for an international carbon price floor differentiated by income level (Parry et al. 2021). However, even if such a solution were envisaged, international carbon price differences would still imply carbon leakage through European emitting industries moving part ...

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Coir Market Size, Scope, Growth, Competitive Analysis – Geewin Exim, SMS Exporters, Sai Cocopeat Export, Kumaran Coir – Chandler Brownsboro

New Jersey, United States,- the coconut fiber market is carefully analyzed in the report with a focus on market dynamics including key issues and challenges, drivers, trends, and opportunities. The report includes an in-depth analysis of key market players to understand the use of major strategies that have been adopted in the coir market. It also sheds light on the ...

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India’s maize exports at a record high of $816.31 million for the current fiscal year, surpassing $634.85 million

Maize export touched $816.31 million in the first ten months of the current fiscal year 2021-22 (April-January), already surpassing the $634.85 million reached in the last fiscal year. From an export achievement of $142.8 million in 2019-20, maize exports have increased nearly six-fold, bringing the total value of shipments to $1,593.73 million over the past three years despite logistical challenges ...

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Exports in 2020 were weak

The world has been rocked by the pandemic in 2020. But how has it affected the international wine trade? Superficially, one might say, “not much at all”. But looking at the details, there is no doubt that it has seriously affected it, perhaps even halting the ongoing globalization of wine. This is the latest in our series of articles analyzing ...

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Russian wheat exporter asks China for food

As reported yesterday, the US government appears to be declassifying details of Russia’s requests for assistance from China. After revealing this the United States had learned of Russia’s demands, yesterday (the same day Jake Sullivan had a seven-hour meeting with Yang Jiechi) more details of what Russia requested were released. CNN even reported a cable shared with allies detailing that ...

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SIPRI: Europe is the main target of arms exporters | World | Latest news and insights from around the world | DW

Figures on global arms sales take on special significance in the context of a war in Europe. The Stockholm Peace Research Institute (SIPRI) compared arms trade figures from 2017 to 2021 with the previous five-year period and found an indication of a huge increase in tension across Europe before the current escalation. While the global trade in major arms fell ...

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Uruguay is the most promising market in the Americas for 2022

Uruguay – strong institutions and resilience to shocks With real GDP growth of 3.0% expected, the Uruguayan economy will surpass its pre-crisis levels in 2022. Government policies implemented in the fourth quarter of 2021, including the reopening of borders, the elimination of value-added tax (VAT) for tourists and loans to boost the tourism sector – which accounted for 17.4% of ...

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president of the association of Moroccan exporters courts Ghanaian companies for their collaborations | Economic news

The President of the Moroccan Association of Exporters (ASMEX), Hassan Sentissel El Idrissi, has called on Ghanaian companies working in various sectors of the national economy to make importing and exporting a priority. According to him, the Association has huge opportunities for Ghanaian businesses willing to partner with their Moroccan counterparts for export and import. Hassan Sentissel El Idrissi made ...

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Russian-Ukrainian conflict harms Vietnamese seafood exporters

Fishermen transport tuna in the central province of Khanh Hoa on January 15, 2022. Photo VnExpress/Xuan Ngoc Vietnamese seafood exporters to Russia and Ukraine are struggling, with some reporting double-digit percentage declines as the military confrontation between the two countries continues. Five Vietnamese catfish exporters to Russia reported a year-on-year drop in export value of 29.8% to $2.18 million in ...

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CBN introduces digital invoicing for importers and exporters to curb currency demand – Blueprint Newspapers Limited

The Central Bank of Nigeria (CBN) has introduced a digital invoicing system for importers and exporters to tackle excessive pricing, the deputy governor said. The new system, which became operational on February 1, aims to “save more foreign exchange earnings which will be channeled to the most productive sectors of the economy”, Kingsley Obiora said in a statement released over ...

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Exporter arrested for fraudulently claiming ₹15.26 Cr GST ITC | Bombay News

Central Goods and Services Tax (CGST) Anti-Avoidance Wing Commissioner Thane of Mumbai Area has arrested an exporter, who is also a director of a private company, for fraudulently claiming a tax credit on inputs (ITC) of GST of ₹15.26Cr; this ITC was claimed on the basis of false invoices from ₹85Cr issued by fake entities Central Goods and Services Tax ...

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NEPC trains Kwara exporters to write bankable business plans

The main hurdle faced by Micro, Small and Medium Enterprise (MSME) exporters in the country is how to write credible and bankable business plans to access government intervention funds and special loan schemes in financial institutions. Speaking at a one-day training program for 80 MSME operators organized by the Nigerian Export Promotion Council (NEPC) in Ilorin on Wednesday, the executive ...

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OPC chief meets with major exporters to discuss trade issues

TEHRAN – The head of Iran’s Trade Promotion Organization (TPO), Alireza Peyman-Pak, held a meeting with the country’s major exporters on Monday to discuss trade-related issues and ways to boost the country’s non-oil exports. country. As reported by the TPO portal, during this meeting, Peyman-Pak highlighted the government’s approach of using the experiences of the country’s businessmen active in the ...

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The United States must become an energy exporter again –

February 25, 2022 Job : February 25, 2022 Update: 10:05 a.m. KUSI press room SAN DIEGO (KUSI) — Lawmakers across the country announced the Russian invasion of Ukraine, some earlier than others. Representative Juan Vargas, Democrat from the 51st congressional district, joined KUSI’s Paul Rudy on Good Morning San Diego to detail the latest news regarding the attack. According to ...

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PRGMEA expresses its disappointment with the performance of the new IRIS portal – Business & Finance

LAHORE: The Ready Made Garments Manufacturers and Exporters Association of Pakistan (Prgmea) has expressed disappointment with the performance of the Federal Board of Revenue’s new IRIS portal – the platform for filing tax returns on sales – and called for the cancellation of the old fully automated system. Sales Tax E-Refund (FASTER) for transparent and fast payment of exporter refunds. ...

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Nigeria and others absent among the world’s leading LNG exporters

By Adewale Sanyaolu Nigeria and other African nations are missing in the list of countries with outstanding performance in global liquefied natural gas (LNG) export and demand markets. The country’s poor global LNG performance rating is contained in Shell’s annual LNG outlook released yesterday in London. Nigerians can now work and earn dollars EVERY DAY from home. Individuals can earn ...

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Handmade rug industry in decline

LAHORE: Exports of hand-knotted carpets are declining due to shortage of skilled labor, expensive raw materials and higher cost of business. The indifferent attitude of successive governments has also played a key role in the downfall of the carpet industry, which was once vibrant and attracted buyers from all over the world. Exports of handmade rugs have been in continuous ...

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SBI and PHDCCI launch industry outreach program to assist SMEs affected by COVID-19 pandemic in Haryana

The PHD Chamber of Commerce and Industry (PHDCCI), in association with the country’s largest lender, the State Bank of India (SBI), has launched an industry outreach program to help small and micro businesses (SMEs) affected by the COVID-19 pandemic in Haryana. The two organizations conducted an industry outreach program called ‘SBI-PHDCCI Industry Roundtable Meet’ in Karnal, Haryana on February 17 ...

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More agricultural export freight hikes loom, tip shipper body warns | Earth

The freight cost hammer may not yet have fallen on agricultural exporters as the fight for export space on ships intensifies, the Australian Peak Shippers Association (APSA) has warned. APSA has made a series of recommendations as part of an upcoming Productivity Commission review, calling on the federal government to make the waterfront more productive to help reduce costs for ...

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Egypt says tensions between biggest wheat exporters are increasing market uncertainty – News

A possible invasion of Ukraine by neighboring Russia could lead to interruptions in the flow of grain out of the Black Sea region By Reuters Published: Sun 13 Feb 2022, 17:48 Egypt’s supply minister said tensions between Russia and Ukraine, the two biggest wheat exporters, had increased uncertainty in the market, with the government currently working on several protective measures, ...

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Traders reject audit of duty refund claims

LAHORE: Textile businessmen have rejected the audit of exporters’ duty refund claims and said it is against the vision of Pakistan Customs. They said that while the ministry claimed to be moving towards automated customs clearance procedures under the reform program, it was forcing exporters to do lengthy paperwork by sending them notices. In a statement on Wednesday, Chairman of ...

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Accord Financial Corp. announces the relaunch of AccordExpress, which provides financial support to Canadian entrepreneurs throughout the export supply chain

TORONTO, February 8, 2022 /CNW/ – Accord Financial Corp. (TSX: ACD) Accord Financial Corp. (“Accord”) today announced the relaunch of AccordExpress, Accord’s unique small business financing program. For 2022, AccordExpress is designed to support companies engaged throughout the export supply chain. Direct exporters, as well as indirect exporters (companies supporting exporters of goods and services), are welcome to apply. AccordExpress ...

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Gobble up export incentives

Some people are always ready to use their ingenuity to devise schemes to embezzle taxpayers’ money through fraudulent means. The cash incentive introduced to attract more remittances through formal channels and boost export earnings is a good example. No one knows for sure how widespread these abuses are. There are indications that the amount of money scammed must be substantial. ...

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India to hit record exports of $400 billion this year: Piyush Goyal

Trade and Industry Minister Piyush Goyal told the Rajya Sabha on Friday that “India has already crossed $334 billion in exports, which is higher than any full year in the world. past, and it is on track to reach $400 billion in exports.” in the current year”. Responding to question from NCP leader Fauzia Khan during Question Time, Goyal commended ...

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Natural gas shipments, mostly from the United States, ease Europe’s energy crisis

Near the entrance to the vast port of Rotterdam in the Netherlands is a specialist port that offers an alternative to the network of Russian pipelines that feed much of Europe’s thirst for natural gas. The facility, called Gate Terminal, is a critical entry point for liquefied natural gas, an increasingly vital fuel for Europe. This week, a giant tanker, ...

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Less face time costing New Zealand exporters

One of the biggest problems Covid-19 is causing New Zealand is that it is preventing politicians and business people from having face-to-face contact with their counterparts in our main markets. Mike Petersen, a former New Zealand agricultural trade envoy and director of a number of New Zealand agriculture-related businesses, believes face-to-face contact is what rocks the talks. He says it ...

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Why these IIT Delhi graduates are looking to digitize the export ecosystem with their SaaS startup

As founder, Divyaanshu Makkar believes that great ideas cannot be generated; they can only be discovered. In line with the philosophy, friends and colleagues – Divyaanshu, Mayur Bhangale and Vikas Garg – started discussing various ideas to disrupt the Indian export ecosystem, acknowledging the importance of international trade. It led to the birth of Inasmuch assourcewizInasmuch as. The SaaS (software ...

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AEPC President Encourages Garment Exporters to Look to Colombian Market; says focus on high value products

AEPC President Encourages Garment Exporters to Look to Colombian Market; says focus on high value products New Delhi, Jan 29 (KNN) Addressing a B2B meeting, the Chairman of the Apparel Export Promotion Council (AEPC), Narendra Goenka, urged Indian garment exporters to set their sights on increasing their share in the world’s garment imports from China. Colombia focusing on high value ...

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Government allows exporters to make equity investments overseas

Bangladeshi exporters will now be able to make equity investments overseas, subject to an adequate balance of their Export Retention Quota (ERQ) – a portion of the export earnings they have saved in the form of foreign currency . Exporters will be able to invest, in the form of equity, the lowest amount between 20% of their five-year average annual ...

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Growth of coir market by 2029

New Jersey, United States,- the coconut fiber market The report emphasizes on detailed understanding of some crucial factors such as size, share, revenue, forecasted trends, supply, production, demand, industry, and CAGR to provide an in-depth perspective of the world market. In addition, the report also highlights the challenges hampering market growth and expansion strategies of leading companies in the “Coir ...

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Foreign Exchange Rate Gains in Official Market as Forex Turnover Records Rise

The exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window closed at N416/$1. The naira appreciated slightly against the US dollar on Friday to close at N416/$1, a gain of 0.08% from the N416.33/$1 recorded in the previous trading session. On the other hand, forex turnover in the official market increased by ...

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Symphony becomes the 2nd exporter of smartphones “Made in Bangladesh”

Symphony started exporting smartphones to Nepal with a shipment of 15,000 smartphones on October 26 last year TBS report January 22, 2022, 2:55 PM Last modification: January 22, 2022, 9:46 PM Photo: Mumit M/TBS “> Photo: Mumit M/TBS Symphony has become the second local brand to export “Made in Bangladesh” smartphones by sending its smartphones to Nepal’s Apex Group. “We ...

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Sampath Bank Announces Strategic Partnership with National Chamber of Exporters – The Island

Sri Lanka’s leading private sector bank, HNB PLC, has partnered with local automotive giant Indra Traders to provide customers with exclusive leasing solutions for unregistered and used vehicles and freezers. Customers can enjoy attractive benefits and discounts during the promotional period from January to December 2022. Dilshan Rodrigo, Managing Director of HNB, Chief Operating Officer, and Rushanka Silva, Managing Director ...

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NKATI urges Dawood to continue its DLTL policy – Business & Finance

KARACHI: North Karachi Trade and Industry Association (NKATI) Chairman Faisal Moiz Khan has urged Prime Minister’s Trade and Investment Advisor Abdul Razak Dawood to continue the policy DLTL to save businesses, especially domestic exports, from destruction. To help exporters, the government should develop a comprehensive and positive DLTL policy and communicate it to all banks. Expressing concern that there is ...

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Sugar exports jump 277% to 17 lakh tons in Oct-Dec 2021-22

Indian exporters shipped around 17 lakh tonnes (lt) of sugar in the October-December quarter of the current 2021-22 sugar season, up from 4.5 l in the same period last year, an increase by about 277%. According to the Indian Sugar Mills Association (ISMA), the apex trade body, an additional 7 liters were being exported in January 2022. Indian exporters have ...

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Bangladesh’s export earnings in major markets rebound

A file photo shows workers queuing before entering a ready-to-wear factory in Dhaka on August 1, 2021. Bangladesh’s export earnings in the first half (July-December) of the fiscal ongoing 2021-22 has seen robust growth in its major markets, including the US, Germany and the UK, as the recovering Western economy has created additional demand for ready-to-wear apparel -to-wear amid the ...

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New technology to improve welfare in Australia’s live animal export industry

Australian live animal exporters will soon use automated sensors to monitor environmental conditions on ships after a successful trial of a new technology developed in Norway. The technology – which aims to improve animal welfare and connectivity – uses a series of nodes to automatically collect and transfer data from sensors throughout the vessel. The data is then sent to ...

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ITC Says Printer Paper Rights In 5 Countries Still Needed

By Grace Dixon (Jan. 11, 2022, 6:39 p.m. EST) – The U.S. International Trade Commission on Tuesday refused to rescind a list of duties on office paper from China, Brazil, Indonesia, Australia and Portugal, believing that imports would continue to hurt domestic producers if the levies were lifted. The ITC completed its first five-year review by assessing whether to remove ...

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FIEO Partners with RebelCorp to Enable 30,000 MSME Exporters to Create and Manage Their Own Websites: Report

Over 30,000 micro, small and medium (MSME) exporters who are part of the Federation of Indian Export Organizations (FIEO) will now have the ability to expand their digital presence by creating and managing their websites. FIEO has partnered with RebelCorp to deploy DIY tools so people can produce their websites with unique designs without coding, Express Financial reports. RebelCorp Founder ...

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CGI, Guangzhou Hold Promotional Event for Indian Herbal / Ayurveda / Beauty Products in China

As part of its efforts to promote Indian Ayurveda and herbal products in southern China, the Consulate General of India (CGI) in Guangzhou hosted a webinar on “Promoting Herbal Products. of plants / Ayurveda / Beauty in China ”. A press release from CGI, Guangzhou said more than 70 Indian exporters, representing Ayurvedic Medicine Manufacturers of India (AMMOI), Karnataka Soaps ...

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Ghana: AGI and Association of Importers and Exporters disagree on reversal of benchmarks

The Ghanaian Industries Association (AGI) has urged the government to ignore calls from some stakeholders to put the implementation of the baseline reversal on hold for further consultations. Speaking in an interview with Joy News, the Association’s executive director, Seth TwumAkwaboah said the government should move forward with implementing the benchmarks while it puts consultations aside. “I am totally against, ...

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Argentina’s Central Bank will earn $ 15 billion from foreign trade in 2021 – MercoPress

Foreign trade brings in 15 billion dollars to Argentina’s central bank in 2021 Tuesday, January 4, 2022 – 17:57 UTC If projections hold true, 2021 would be the fifth best performance of this century Foreign trade represented around $ 15 billion for the Central Bank of Argentina (BCRA) in 2021, according to projections reported Monday in Buenos Aires. It became ...

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Sweater emerges as the next big bet as China exits the market

After retiring from the police force, Mostafa Golam Quddus established a sweater factory in Bangladesh in 1987, marking the country’s entry into the predominantly Chinese-dominated global sweater market at the time. He brought in 43 Chinese experts for his factory and what happened next stunned the local business community – he exported $ 3 million worth of products in the ...

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Textiles industries welcome decision to postpone GST hike | Coimbatore News

Tirupur: Textile industries here have welcomed the Union government’s decision to postpone the GST hike on textiles from 5% to 12%, which was due to go into effect on January 1.Tirupur is home to more than 12,500 knitwear and allied units which employ more than 10 lakhs. The Covid-19 pandemic and containment affected units, especially MSMEs.Tirupur Exporters and Manufacturers Association ...

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India’s expensive onion loses to Pakistan in global market

Onions India’s onion exports have been hampered due to the late arrival of Kharif’s first harvests. The quality of current products and other competing countries are other issues facing onion exports from India. “The Kharif onion crop that is coming in now is of poor quality.” “We expect the quality to improve within a week,” said Ajith Shah, President of ...

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Turkish tastes in the United States

As the entire food industry went through unprecedented challenges last year, Aegean Exporters‘ The associations have taken decisive steps to increase exposure of Turkish flavors in the United States, starting with Las Vegas, Nevada. What does Turkish taste and who are Aegean exporters‘ Associations? Turkish Tastes is the brand that all Turkish food and beverage exporters, under the umbrella of ...

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EXIM Thailand highlighted the year 65, the opportunity to expand the exporter’s market. After showing the best form, set a new record in all dimensions, profit increases by more than 200%

Home »Economy» EXIM Thailand highlighted the year 65, the opportunity to expand the exporter’s market. After showing the best form Set a new record in all dimensions, profit growing by more than 200% December 26, 2021 Sunday, December 26, 2021 EXIM Thailand reports that in 2022, Thailand’s economy is expected to grow alongside the global economy. Exporters must adapt to ...

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In a “boost” to jewelers, FM asks bankers to solve trade-related problems

Union Finance Minister Nirmala Sitharaman on Friday urged bankers to sort out all issues regarding jewelry retailers and exporters by January 10, ahead of the Pongal festival. Presiding over a meeting of bankers and members of the jewelry retailers association in Chennai, Sitharaman said bankers should work closely with the jewelry business to resolve issues related to export credit, disbursement ...

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US LNG exporters look to Europe

Through Sergio Chapa to 12/22/2021 (Bloomberg) – Cold-stricken Europe attracts a flotilla of U.S. liquefied natural gas cargoes amid an energy crisis that has pushed gas prices to record highs. Faced with a winter shortage and little relief from the continent’s main supplier, Russia, natural gas in Northwest Europe is trading at around $ 57.54 per million British thermal units, ...

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What is the way forward for Indian exports? will the momentum continue?

At the start of this fiscal year, the Center set itself a target of $ 400 billion in FY22 exports of goods, which seemed ambitious at the time. After all, our exports for FY21 fell 7.3% to $ 290 billion from $ 313 billion the year before. The drop is mainly due to a sharp drop in exports of petroleum ...

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Thai Hom Mali Rice Wins World’s Best Rice Award for Second Year in a Row

BANGKOK, December 19 (The Nation Thailand / ANN): Thai Hom Mali rice, also known as jasmine rice, has won the 13th prize for best rice in the world for the second year in a row, the trade minister announced. Jurin Laksanawisit. Eleven types of rice from six countries – Thailand, United States, China, India, Vietnam and Myanmar – were nominated ...

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