Importers

Tension at Port Harcourt port as shipping agents accuse dockworkers of wringing their arms and killing patronage of eastern ports

By DAPO OLAWUNI The Maritime Trade Practitioners Association of Nigeria (STPAON) has alleged that dockworkers under the umbrella of the Maritime Workers Union of Nigeria (MWUN) were the real reasons why importers have abandoned eastern ports, this is due to their incessant demands and allegations of arm twisting. importers and shipping agents. Port Harcourt port union leaders also reportedly acted ...

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Customs assures importers of vehicles and others of trade facilitation

Customs Area Comptroller (CAC), Port and Terminal Multiservice Limited (PTML), Suleiman Bomai, reassured vehicle importers and other port users of regular facilitation of legitimate trade, constant dialogue and prompt settlement of disputes. disputes. Comptroller Bomai gave the hint on Friday during his first meeting with sister government agencies, private sector operators including freight forwarders and a representative from Grimaldi, the ...

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Chinese tire taxes can make trips to South Africa expensive – but will save jobs, local producers say

Tires from China will now be subject to an additional 38.33% duty as part of a preliminary dumping determination by the International Trade Administration Commission. Higher tariffs on Chinese tires will make travel and transport in South Africa more expensive, importers say. But allowing these cheap tires to flow into South Africa will create more unemployment, local manufacturers say. For ...

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Gas importer Uniper in nationalization talks with German government | Oil and gas companies

Embattled gas importer Uniper has started talks with the German government over possible nationalization, the company said. The terms under discussion would raise the state’s stake in the faltering energy giant to 50%. The German state took a 30% stake in the group as part of a bailout in July, worth around 15 billion euros. Credit lines were further extended ...

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Gray imported EVs ‘shouldn’t go mainstream’, critics say, as interest grows

IIndustry figures worry about a rise in Australians looking to import used electric vehicles from overseas, saying they could pose problems with battery disposal and future targets of emissions. Interest in importing new or used electric vehicles has increased in recent months, according to several sources, due to rising fuel prices at the tanker – with further increases expected when ...

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UK importers find customers looking for companionship and solace after Queen’s death

Breadcrumb Links Small business Local News Local company “It’s a meeting place for expats to comfort each other a bit because – for the vast majority of people – the Queen was there our whole lives” A box of shortbread biscuits bearing the image of the Queen can be seen at Churchill’s British Imports, 8116 Gateway Blvd., on Saturday September ...

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Slovak gas importer SPP signs LNG supply agreement with Exxon

Signage is seen at an Exxon gas station in Brooklyn, New York, U.S. November 23, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register PRAGUE, Sept 8 (Reuters) – Slovakian national gas importer SPP has signed a liquefied natural gas (LNG) supply deal with ExxonMobil (XOM.N), SPP said on Thursday, as Europe rushes to find alternatives to ...

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Kenyan Shilling stable, expected to ease due to increased demand from importers

The Kenyan shilling was stable on Tuesday and traders said it was expected to weaken on increased demand for dollars from general merchandise importers. At 07:38 GMT, commercial banks quoted the shilling at 120.15/35 to the dollar, down from 120.10/30 on Monday at the close. Traders said Monday’s court ruling confirming President-elect William Ruto’s election victory meant trading in the ...

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Customs to destroy 385 containers of expired products at Ctg port

Demolition process will start from 9/11 in Ananda Bazar neighborhood of Halishahar in Chattogram TBS report 03 September 2022, 22:05 Last modification: 03 September 2022, 22:08 Archive photo of the port of Chattogram. Photo: TBS “> Archive photo of the port of Chattogram. Photo: TBS Chattogram Customs will destroy 385 containers of goods that perished at Chattogram Port as they ...

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Human Trafficking: International Efforts by U.S. Agencies to Combat a Global Problem

Federal agencies are implementing a range of efforts to combat international human trafficking. GAO found gaps that could impede these efforts, such as unclear roles and weaknesses in tracking. The big picture Human trafficking, also known as human trafficking, is a long-standing global problem. Although data is limited by the clandestine nature of trafficking, the International Labor Organization estimates that ...

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Oil Stabilizes After 5% Fall as U.S. Gas Demand Seems Resilient By Investing.com

© Reuters. By Ambar Warrick Investing.com– Oil prices rose on Wednesday after falling 5% in the previous session as signs of strong U.S. gasoline demand helped ease worries about a supply glut caused by Iran and an increase in crude inventories. Crude prices fell on Tuesday after reports indicated that Washington and Tehran had reached an agreement to revive the ...

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TradeWindow continues its growth in SEA via a sales agency agreement in Indonesia

Monday, August 29, 2022, 12:40 p.m.Press release: Commercial window TradeWindow (NZX:TWL), one of Australia’s leading TradeTech companies, has further expanded its reach in Southeast Asia to build on recent sales agency agreements in the Philippines and Thailand. The company today announced a sales agency agreement with one of Indonesia’s leading trade facilitators for government, ports, state-owned enterprises, banks and the ...

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Liberty General Uganda and Multilines International unveil marine and cargo insurance for traders

KAMPALA — Liberty General Uganda and Multilines International Limited launched marine and cargo insurance on Friday (August 26th) to support traders. The new arrangement follows a directive from the Uganda Revenue Authority and the Insurance Regulatory Authority (IRA) – requiring all goods imported into Uganda to be insured by local insurance companies. The law was intended to protect Ugandan importers ...

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The Arms Trade Treaty may no longer be relevant – Universities

Swaran Singh (360info) New Delhi ● Wed 24 Aug 2022 2022-08-24 11:38 0 fbd44abf30fca00c6a042b692b1ada54 2 Academia arms trade, Arms Trade Treaty, UN, weapons system, war Free Membership in the United Nations Arms Trade Treaty (ATT) is on the rise: 111 countries have ratified the agreement since it entered into force in 2014, and another 30 countries have signed it. The ...

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Importers of ‘wele’ can’t be stopped, they’re party financiers – Allotey Jacobs alleges

Cowhide popularly known as ‘wele’ Ghana’s high imports have been a major contributing factor to the country’s rising inflation rates. The importation of items such as cassava, toothpicks and other staples has been a major concern for many citizens who believe the country has the resources and capacity to produce these items and to be self-sufficient. A former NDC Central ...

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The Norwegian importer VW will stop selling thermal vehicles

The Norwegian importer Volkswagen Møller Mobility Group has decided to import electric cars only from January 1, 2024. The sale of combustion engines and plug-in hybrids is to be discontinued. This would mean that Volkswagen in Norway would say goodbye to combustion engines two years earlier than required by the Norwegian government. The government had decided that all new passenger ...

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How Yorkshire importers should prepare for the duty change from October 1 – Lyndon Firth

The introduction of the Customs Declaration Service (CDS) is an important milestone for any Yorkshire business importing into the UK. Let’s not underestimate its importance – if you don’t sign up for the new system by October 1, there’s a real risk your goods won’t be able to enter the UK. Submission of import declarations from this date must be ...

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Multi-kilogram cocaine importer sentenced to more than five years in federal prison

ORLANDOFlorida. –David Torres-Velez (48, Davenport) was sentenced to 5 years and 10 months in federal prison for conspiracy to distribute cocaine. Torres-Velez had pleaded guilty on April 20, 2022. According to court documents, Torres-Velez was involved in multiple cocaine transactions at the kilogram level during 2020 and 2021. On February 4, 2020, law enforcement arrested an individual in his vehicle ...

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Germans face higher bills as tax aid for natural gas importers

BERLIN– The Germans are facing a new tax on the use of natural gas that could cost the average household several hundred euros a year and aims to save importers criticized by Russian budget cuts linked to the war in Ukraine. An association of gas pipeline operators on Monday set the level at 2.4 euro cents per kilowatt-hour under legislation ...

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Egypt: Cabinet reshuffles on the brink of economic crisis | New

Egyptian President Abdel Fattah el-Sissi announced a cabinet reshuffle on Saturday to improve his government’s performance in the face of enormous economic challenges. RELATED: Gaza faction reaches Egypt-brokered ceasefire with Israel Mahmoud Kamal Esmat has been appointed to the SOE portfolio as Egypt seeks to attract investment in SOEs and generate funds. El-Sisi made no changes to the posts of ...

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US Extends Việt Nam Plywood Tariff Circumvention Investigation

VIETNAM, August 11 – HÀ NỘI — The U.S. Department of Commerce (DOC) has announced an extension of the deadline for issuing its final conclusion on an investigation into circumvention of trade remedy rights regarding hardwood plywood imported from Việt Nam, according to the Ministry of Industry and Trade (MoIT). Accordingly, the DOC plans to issue the finding on October ...

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Importers urge government to raise price of soybean oil by Tk 20 per liter

A representative image of bottled soybean oil. The Vegetable Oil Refiners and Vegetable Manufacturers Association of Bangladesh, an association of edible oil refining and marketing business owners, has urged the government to raise soybean oil prices by 20 taka the liter. The BVORVMA submitted this proposal to the Bangladesh Trade and Tariff Commission on August 3. The proposal stipulated that ...

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Port Users Discuss Digitization Process – FrontPageAfrica

MONROVIA – For the launch and smooth implementation of Liberia’s Port Automation and Digitization (PAD) process, key port industry stakeholders held a one-day retreat in Monrovia to discuss how to collaborate effectively. Led by port operator, APM Terminals Liberia, participants from LRA, NPA and MTS took the opportunity to review the end-to-end cargo release process at the Freeport in preparation ...

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OECD offers best practices for chemical data disclosure and IPR protection | News | SDG Knowledge Center

The Organization for Economic Co-operation and Development (OECD) has published a best practice guide that details effective approaches for governments and industry to disclose health, safety and environmental data while protecting human rights. of property. The guide is not intended to be prescriptive and rather seeks to present the different ways in which governments and industry have approached these issues. ...

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Cambodia: ice cream and noodles declared carcinogenic

August 2, 2022 PHNOM PENH – The General Department of Customs and Excise of Cambodia (GDCE) has identified three types of brands of instant noodles and ice cream originating from Thailand, Vietnam and France which are suspected of containing ethylene oxide, which presents a risk of cancer for consumers. General management took immediate action to recall the products and ban ...

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Ice cream, noodles reported carcinogenic

CCF officials inspect a store offering imported instant noodles and ice cream products for sale in Kampong Cham province on July 29. CCF The General Department of Customs and Excise of Cambodia (GDCE) has identified three types of instant noodles and ice cream brands originating from Thailand, Vietnam and France which are suspected of containing ethylene oxide, which exhibits a ...

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Customs Warns Against Importing Vehicles Through Land Borders, Seize 2021 Toyota Hilux

The Nigerian Customs Service has seized a 2021 Toyota Hilux pickup truck which is being smuggled into the country through the land border. Reminds vehicle importers to comply with the federal government’s policy on restricting the importation of vehicles into seaports. Customs presents all seized items with a Duty Paid Value (DPV) of N45,030,111 to reporters in Birnin Kebbi. The ...

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The ASEAN Trade Finance Market will grow at a CAGR of 5.3% during the forecast period of 2021-2026 – This is Ardee

Expert Market Research’s new report titled ‘ASEAN Trade Finance Market Report and Forecast 2021-2026’, gives an in-depth analysis of the ASEAN Trade Finance Market, assessing the market by based on its segments such as type, supplier, end user, and major regions Singapore, Thailand, Malaysia, Philippines, Indonesia, Vietnam and others. The report tracks the latest industry trends and studies their impact ...

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Multi-million dollar liquidity crunch weighs on Pakistan’s interbank market

A trader can be seen counting US currency. Photo: AFP The Pakistani interbank market is facing a severe shortage of liquidity worth millions of dollars. SBP has banned authorized dealers from issuing electronic import forms (EIF/PSW) of goods under Chapters 84 and 85, an importer says. Exporters stop their receipts, because their money was not coming back to the country ...

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Rupee hits new all-time low of $80.06 as dollar demand rises from oil importers

The rupee depreciated 1 paisa to all-time low of 80.06 against the United States dollar opening trade on Thursday amid demand for dollars from oil importers and firm crude oil prices. Forex traders said the rupiah is hovering around the 80 level as the overall gains in crude prices over the past few days, where Brent broke above the USD ...

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Importers prepare for a difficult peak season | Dispatch

The shipping industry is preparing for what many projects will be another difficult peak season, as shipping and logistics interests try to prepare for increased demand. Peak shipping season generally begins in mid-August and lasts until mid-October. This period, due in large part to the upcoming pressure on retail during the holidays, is often characterized by high demand, low supply ...

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Fitch Solutions revises Egypt’s real GDP growth up 0.1% and forecasts inflation of 13.2% in 2022 – Economy – Business

Shared with Ahram Online, the report expects inflation in Egypt to stand at 13.2% throughout 2022 and the price of USD against EGP to stabilize at 19 EGP . For the first time in seven months, Egypt’s headline monthly inflation fell to 13.2% in June from 13.5% in May, according to recent readings released by the Central Agency for Public ...

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G20: FAO urges finance ministers and central bank governors to support food import financing mechanism – World

Director-General Qu Dongyu warns of double burden on global agri-food systems, leaving farmers poor and lack of food availability at the same time Rome/ Nusa Dua Indonesia – QU Dongyu, Director-General of the Food and Agriculture Organization of the United Nations (FAO), today highlighted to G20 Finance Ministers and Central Bank Governors the growing food security crisis and nutrition facing ...

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‘Mission impossible’: The problem with Biden’s plan to rein in oil prices

Joe Biden arrives in Riyadh on Friday with a two-pronged plan to lower oil prices while punishing Vladimir Putin. First, convince Saudi Arabia to pump more oil, especially to Europe. Second, cap the price at which Russia can sell its crude. Oil executives and market analysts say both parts of the plan are fraught with pitfalls and could even backfire ...

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Germany: Heavy legal surcharges on the gas price for commercial and private end consumers on the horizon

In the context of a drastic increase in gas purchase prices and their impact on large German gas importers, and in anticipation of an even greater escalation by Russia of the gas supply disruption linked to the war in Ukraine, the German government moved quickly to expand the toolbox available to protect German gas importers and others down the gas ...

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Proposed definitive tax regime for commercial importers rejected

KARACHI: Pakistan’s National Assembly has rejected a proposal to grant a definitive tax regime to commercial importers. The proposal was incorporated into the Finance Bill 2022 under which the government proposed to place commercial importers under the final tax regime. READ MORE: Revamped Mechanism for Resolving Tax Disputes Previously, the PTI government, after consultation with manufacturers and other stakeholders, introduced ...

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Calls to improve Australia’s biosecurity as cost of Varroa incursion into agriculture rises

Australia’s biosecurity system has been described as not fit for purpose and the country’s almond industry is demanding change so farmers don’t pay the price for importers’ mistakes. Key points: A 2017 review recommended a levy on importers to cover the cost of any pests entering Australia Freight industry leaders say technology could be better used to locate pests The ...

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Port congestion looms as importers and agents abandon vehicles

Many importers and clearing agents have abandoned their imported vehicles through the country’s seaports due to the prohibitive cost imposed by the Nigeria Customs Service (NCS). The situation could lead to a new wave of port congestion with its impact on ship turnaround and cargo dwell time. “Customs are desperately trying to meet their revenue target of N3 trillion for ...

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$12.5M Calabar Port Dredging Contract: NPA Begins Out-of-Court Settlement

The Nigerian Ports Authority (NPA) yesterday said the Federal Government has initiated an out-of-court settlement with Niger Global Engineering and Technical Company Limited over the $12.5 million Calabar port dredging contract. Speaking to reporters after a port visit to Calabar and after making a courtesy call on the Calabar Obong, Edidem Ekpo Okon Abasi Otu V, the Managing Director, Mohammed ...

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West Coast port labor negotiations enter new high-stakes phase as contract expires

Labor negotiations between West Coast dockworkers, cargo handling companies and container shipping companies enter a new high-stakes phase with the expiration of the contract covering US seaports in Washington state south of California. With the two sides remaining distant on issues such as compensation and automation, the multi-year contract was set to end late Friday, raising fears of potential disruptions ...

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Ukraine war sees importers default on loans

James Mwangi, Managing Director of Equity Group (right). [Wilberforce Okwiri, Standard] Cash-strapped importers have started to default on their loan obligations due to the ongoing war between Russia and Ukraine. Equity Group chief executive James Mwangi said rising wheat prices, much of which comes from the two warring countries, had made it difficult for some traders to repay their loans. ...

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Food Safety Testing Market Analysis, Segments, Growth and Value Chain 2020-2030 – Indian Defense News

Food Safety Testing Market: Introduction A recent study published by Transparency Market Research on the Food Safety Testing Market includes global industry analysis and opportunity assessment for 2020-2030. The revenue generated from the Global Food Safety Testing Market has been valued at US$18.2 billion in 2020, which is expected to increase at a CAGR of 8.1% reach US$39.8 billion ...

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NBR cuts rice import duties amid spiraling prices

The government has reduced the regulatory duty applicable on the import of boiled rice from 25% to 15% in order to improve supply and contain the rise in staple food prices. To this end, the National Revenue Board issued a statutory regulatory order on June 22. Under the SRO, the NBR has withdrawn the import duty applicable to the importation ...

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Ocean freight rates could fall sharply in early 2023

High Point, NC – A Journal of Commerce webinar last week explored the current state of the supply chain, focusing on shipping freight and consumer demand. JOC Editor-in-Chief Mark Szakonyi moderated the session and was joined by sourcing experts Dan Gardner, President of Trade Facilitators Inc., and Steve Hughes, CEO of automotive supply chain company HCS International. Key points to ...

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Prepare for rising rice prices, likely shortage

Consumers will have to dig deeper into their pockets over the next week as two brands of rice – Old Mac and Rainbow – are expected to rise 5%. The price hike was confirmed last Friday by the CEO of Trinidad Parboil Ltd/Old Mac Agro, Liaquat Ali. He said the price increase will come into effect when new stock of ...

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Indian government to ban single-use plastics from July 1; BRI publishes guidelines for alternative options | The Weather Channel – Articles from The Weather Channel

Ahead of the total ban on single-use plastics (SUPs) from July 1, the Indian Bureau of Standards (BIS) issued new standards for plastics that would apply to products to be used as alternatives. Plastic straws, polythene bags, plastic sticks for sweets or ice cream, polystyrene (thermocol) for decoration, plastic cups, glasses and cutlery, plastic sticks for earphones, for balloons, wrapping ...

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Qatar expects fastest growing GCC economy in next two years (World Bank) – Doha News

Oil exporters are gradually catching up to pre-pandemic production levels, while the gap for oil importers is expected to remain wide. Qatar’s economy is expected to expand this year while reaching the position of the fastest growing economy in the Gulf Cooperation Council (GCC) in the years 2023 and 2024, according to the World Bank. The country’s real gross domestic ...

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Expand census to Muslims, don’t include importers: Giriraj Singh

Cited a request made in the 1990s that illegal settlers in 11 sections of Bihar were about 4 lakhs at the time and stressed the need not to include them in the work which would give legality “to those who enter , which are not named after the politics of persuasion”. The Union Minister said on Wednesday that the proposed ...

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National Fishing and Boating Week

School is over. Temperatures are rising. It’s time to get in the water! National Fishing and Boating Week (June 4 to June 12, 2021) is the perfect time to learn how to fish, reconnect with your kayak, and enjoy the water with friends and family. Whether you’ve fished your whole life or just picked up a rod for the first ...

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Liberia: No further increase in gas and jet fuel prices, assures the Ministry of Commerce

The Department of Trade and Industry says it will no longer raise the price of petrol (PMS) and jet fuel for the month of June. The Ministry also indicates that there will be a slight reduction in the price of fuel (AGO) and assures that it continues to work with importers of petroleum products to ensure that there is enough ...

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Helping Filipino Farmers | Philstar.com

Last February, the U.S. Department of Agriculture’s Foreign Agriculture Service forecast Philippine rice imports to reach up to 2.9 million metric tons this year. Our rice production simply cannot catch up with demand. The USDA forecasts our milled rice production at 12.4 million tonnes this year, compared to consumption of 14.95 million tonnes. Last year, rice imports from the Philippines ...

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Failed Wheat – The Statesman

Irony in India-Bangladesh relations can sometimes be bizarre and lead to bitterness. As the Mitali Express to Dhaka Cantonment made its first trip from New Jalpaiguri Station on Wednesday, it became the third passenger train service between the two countries. Connectivity has improved and operationalization means that the Mitali Express augments the services offered by the Maitree Express (Kolkata to ...

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Canadian importer of electric motorcycles

Robert Swistum VANCOUVER, BC, June 1, 2022 /CNW/ – Greenwit Technologies – the exclusive distributor of Super Soco, Horwin, Kollter and Evoke electric motorcycles in Canada – saw its sales jump 250% in the first quarter of 2022 compared to 2021 and owner of Greenwit Steve Milochev says he expects sales to continue to rise thanks to sky-high gas prices, ...

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Gazprom cuts gas supply to the Netherlands

The threat to cut off the gas supply, if not paid for in rubles, claims another victim. Russian gas giant Gazprom said it would cut off gas supplies to the Netherlands by Wednesday, in response to Dutch energy trader GasTerra’s refusal to pay in roubles. Gazprom’s decision was widely expected after Russian President Vladimir Putin announced that all European gas ...

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The flip of forex trading

Sheikh Mohammad Danial | Published: May 28, 2022 1:20:24 p.m. | Updated: May 28, 2022 1:22:30 p.m. A seesaw allows short-term perpetual motion of equal distribution of highs and lows for both ends. If we take a closer look at the influence of the taka rate on trading, the swing has been more in favor of currency (forex) buyers than ...

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Asia-Pacific coal prices near record high

Broker Global Coal’s Newcastle Index, a benchmark price for high-quality Australian coal (6,000 kcal/kg), was last priced up $5.83 in the week to Thursday at 434, 33 USD/t. On Monday, the index reached a record high of 463 USD/t. “Coal prices continue to face upward pressure as demand remains strong from India and China,” ANZ Bank said in a note. ...

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Import of fish, seafood products OK’d

MANILA, Philippines – The Department of Agriculture (DA) has approved the import of 38,695 metric tons (MT) of frozen fish and aquatic products during the second quarter of the year, in a bid to stabilize the supply and market prices. The DA has published guidelines on the issuance of sanitary and phytosanitary import authorizations (SPSICS) for certificates of necessity to ...

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Zimra will enforce full CBCA implementation

The Chronicle business journalistThe Zimbabwe Revenue Authority (Zimra) will apply from June 1 inspection of imported goods at all entry points to ensure compliance with Consignment Based Conformity Assessment (CBCA). Under the CBCA scheme, all products regulated by the Ministry of Industry and Commerce imported into Zimbabwe must be accompanied by a CBCA certificate. Importers have therefore been urged to ...

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NSW, Victoria, Qld add 28,000 virus cases | the islander

Australia’s most populous states have recorded nearly 28,000 new cases of COVID-19 and 39 virus-related deaths. Victoria reported 21 deaths on Saturday, NSW 14 and Queensland four. With data yet to be published elsewhere, there are nearly 2,900 patients in hospital with coronavirus nationwide, more than a hundred of them in intensive care. Meanwhile, a person in NSW has been ...

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CIT Covers Importer Error Following Duties Waiver

By Alex Lawson (May 18, 2022, 5:07 p.m. EDT) – The U.S. Court of International Trade has rejected a steel importer’s bid to recoup national security tariffs the company says were levied by mistake because of minor errors in his request for exclusion, judging that the government was following its own regulations. The importer VoestAlpine USA Corp. and buyer Bilstein ...

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Saudi fund invests $320 million in new green coffee companyDaily Coffee News by Roast Magazine

Image from Public Investment Fund of Saudi Arabia. Saudi Arabia’s Public Investment Fund (PIF) plans to invest approximately US$320 million in the development of the Saudi Arabica coffee sector, with the aim of becoming an international player in coffee exports. The PIF – Saudi Arabia’s sovereign wealth fund which is believed to hold some $600 billion in assets – says ...

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Cases “ex officio”: the FTO completes its investigations – Business & Finance

ISLAMABAD: Federal Tax Ombudsman (FTO) has investigated several ex officio cases including misuse of unaccompanied baggage facility, customs clearance of imported goods, ongoing investigations against 180 FBR officials , a tendering process for unpaid vehicles, and corrupt practices by the customs authorities in Balochistan. Sharing details of some major cases, said a senior OTF office official company registrar here on ...

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KCCI suggests removal of VAT for commercial importers

The Karachi Chamber of Commerce and Industry (KCCI) has suggested to the tax authorities to remove the Value Added Tax (VAT) imposed on commercial importers to rectify an anomaly in the law. The KCCI, in its 2022/2023 budget proposals submitted to the Federal Revenue Board (FBR), said that a 3% value-added sales tax at the import stage for commercial importers ...

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Public Hearing Provides Insight into Possible Application of Uyghur Forced Labor Prevention Law | Womble Bond Dickinson

What is the Uyghur Forced Labor Prevention Law (UFLPA) and how might it impact your business? Issues surrounding the UFLPA Key Dates for Customs and Border Patrol (CBP) Guidelines and UFLPA Implementation What you need to do to be ready The Uyghur Forced Labor Prevention Act (UFLPA) was signed into law by President Biden on Dec. partly in Xinjiang Uyghur ...

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EXCLUSIVE German gas importer VNG will transfer euros to Russia for payment

DUESSELDORF, May 9 (Reuters) – Germany’s VNG (VNG.UL) will in future transfer euro payments for Russian gas to Gazprombank (GZPRI.MM) and expects no problems with a conversion in rubles, he said Monday during a meeting with top Moscow officials. claims under a new payment scheme. VNG’s first detailed comments on the matter come as European buyers of Russian gas must ...

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Two Warriors Meadery to rebuild after fire

WEST MONROE, La. (AP) — “I will never accept defeat. I’ll never give up. These statements are part of the US Army Soldier’s Creed, so it’s no surprise that two Army veterans take this approach after losing their businesses. In December 2019, Curtis Sims and Cameron Myers opened Two Warriors Meadery in West Monroe, the first such facility in the ...

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India, main importer, could cut taxes on edible oils to cool prices: report

India plans to cut taxes on some edible oils to cool the domestic market after war in Ukraine and Indonesia’s ban on palm oil exports has sent prices skyrocketing, people close to the government say. case. India, the world’s largest importer of vegetable oils, is seeking to cut agricultural infrastructure and development taxes on imports of crude ...

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Why do Spain and Portugal get special energy treatment?

Placeholder while loading article actions Spain and Portugal have pulled off a diplomatic coup with a new alliance to tackle soaring energy prices. Not against Putin’s Russia, which has its boot on the trachea of ​​European gas importers, but against their fellow partners in the European Union. In the short term, this will protect consumers in Spain and Portugal, whose ...

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CEPS says business is picking up at Hamile border

Hamile border Commercial activities at the Hamile border in the Upper West region are slowly resuming with the reopening of Ghana’s borders with neighboring countries. Borders have been closed due to the Covid-19 pandemic. Importers from Burkina Faso, Mali, Guinea, Senegal and Mauritania, which frequent the Hamile border, had started arriving with goods and services. Mr. Clever Attuh-Ndro, second in ...

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eezyimport’s Autonomous Clearance Platform Marks Second Year Serving US Importers

Camden, Delaware – Tel Aviv, Israel, April 27, 2022 – Eezyimport, the web-based DIY (DIY) platform for US importer clearance requirements, is celebrating its second anniversary. This US-Israeli freight technology company fills a gap in the market by serving the growing number of small and medium-sized importers (SMEs and SMEs) engaged in e-commerce businesses that gain value and ease through ...

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Heroin worth Rs 1,439 crore seized near Kandla port in Gujarat; importer arrested

The Tax Intelligence Directorate seized 205.6 kg of heroin worth Rs 1,439 crore from a container near Kandla port in Gujarat and arrested a Punjab importer in this regard following a vast search operation, the DRI announced on Monday. According to a senior police official, the contraband was recovered from one of 17 containers that arrived at Kandla port ...

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Is Congress preparing a big trade giveaway for China?

As politically divided as the United States has become in recent years, Americans agree on one thing: China. They are troubled by the US’ heavy reliance on supply chains in China. They are appalled by China’s use of slave labor in its factories. And they see China openly supporting Russia’s invasion of Ukraine – and accusing the United States of ...

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PH among the hardest hit by high oil prices

The Philippines is among the emerging markets likely to suffer the most from expensive oil, according to British think tank Oxford Economics. “Rising fuel import prices will translate into high inflation in emerging markets in Asia and Europe where subsidies are low. Inflation through this channel will be most apparent in the Philippines, Thailand, Poland, India, Hungary and Romania,” said ...

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Myanmar’s military government denies fuel shortage rumors

BANGKOK – Myanmar’s military government on Tuesday denied the country was suffering from a fuel shortage after rumors of low petrol and diesel supplies sparked panic buying and long queues at gas stations. serving multiple cities. Some gas stations in Yangon closed after running out of supplies and several motorists said they were limited in how much they could buy ...

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Sugar tax scam: recover Rs. 16b loss from importer

COLOMBO (News 1st); One of the worst examples of corporate profiteering at the expense of ordinary citizens has received a resounding thump from Sri Lanka’s National Audit Office. The National Audit Office, in a recent report, recommended that the government immediately recoup lost state revenue by reducing taxes imposed on imported sugar. The report recommends that funds be recovered from ...

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This $12 rosé is a bright, refreshing drink on a hot day

Three wines from Bulgaria headline this week’s selections, including a rosé and a delicious pinot noir from Rough Day, a popular and widely available bargain label. Special thanks to the brand for switching to lighter bottles to reduce its carbon footprint and for including nutritional information on its labels for carb and calorie conscious consumers. Our third Bulgarian is a ...

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Russia wants energy importers to pay in rubles – GIS Reports

The Kremlin’s attempt to make “hostile countries” pay for energy imports in rubles is problematic for a host of reasons. Is there more to this movement than meets the eye? Requiring payments in rubles would not change much of the currency’s profile abroad. Moscow’s desire to do so is likely driven by domestic concerns. ©Getty Images × In a word ...

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Ukraine. Humanitarians stress urgent need for ‘localized’ ceasefires – Ukraine

Local ceasefires are needed more than ever in Ukraine as the conflict shifts to eastern regions following Russia’s withdrawal from the region around the capital Kyiv, UN aid workers said on Friday, while world food prices have reached record highs. Six weeks after the Russian invasion, thousands of civilians are believed to still be trapped in the southern port city ...

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Sri Lanka faces a shortage of essential drugs; Experts warn of health crisis

ECONOMYNEXT- Public hospitals in Sri Lanka are running short of essential drugs and medical equipment as the shortage threatens a major health crisis due to a possible collapse in the drug supply chain, a health sector union has said. health. Sri Lanka imports 80% of its medicines, but a severe shortage of dollars due to the current economic crisis has ...

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Emerging markets and the two wars

The US central bank formalized the end of its easy money policy at its March meeting, forcing a significant repricing of the US Treasury curve, with the two-year duration seeing its most dramatic three-month rise since 1994. Russia’s war in Ukraine has entered its second month, putting outsized pressure on commodity costs, with oil, wheat and palladium prices posting their ...

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