European Shipowners Welcome EU-Singapore Trade Deal

European shipowners welcomed the free trade agreement between the EU and Singapore, which was signed during last week’s Asia-Europe summit. “European shipowners welcome the fact that the EU and Singapore show their commitment to free, fair and rules-based trade at a time that protectionism is on the rise,” Martin Dorsman, ECSA’s Secretary General, said. “Shipping needs global
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U.S. and European trade negotiators are chasing quick wins to cement a July cease-fire. Problem is, even seemingly simple trade moves can take years. President Trump and European Commission President Jean-Claude Juncker agreed at the White House on July 25 to avert a trade fight and work toward “zero tariffs, zero non-tariff barriers, and zero
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The EU and Singapore signed landmark agreements during last week’s Asia-Europe summit. “European shipowners welcome the fact that the EU and Singapore show their commitment to free, fair and rules-based trade at a time that protectionism is on the rise”, said ECSA’s Secretary General Martin Dorsman, “The EU-Singapore FTA text contains the liberalisation principles of
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Booming intra-Asia trades stand to benefit the most from a lengthy US-China trade war.  But low freight rates, overcapacity and poor schedule reliability is putting pressure on shipping lines operating in what is the world’s biggest container market. According to Philip Damas, head of Drewry Supply Chain Advisors, intra-Asia works “on different dynamics” to the
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U.S. Trade Representative Robert Lighthizer has sent a gift to Brexit supporters. His letter notifying Congress that the Trump administration plans to seek a “cutting-edge” free-trade deal with the U.K. was music to the ears of those who have long argued that leaving the European Union will allow Britain to pursue an ambitious policy of
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NEW DELHI: Commerce and Industry Minister Suresh Prabhu said India is the “worst sufferer” of declining trade and slow global economic growth as the Country has a huge stake and its share in world trade is rising. “No Country can benefit from the decline in the world trade, and the slowing global economy is a
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At week’s end, global investors and policy makers will likely be given a stark reminder of the costs of a bitter Sino-U.S. trade war, with a Reuters poll predicting that China’s third-quarter growth will slow to its weakest pace since the global financial crisis. Domestic demand has been faltering in recent months as U.S. President
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President Donald Trump’s trade war with China is set to prompt a shift in the U.S. farm industry as growers switch to other crops. Farmers probably will plant more corn for next year’s harvest at the expense of soybeans, Tim Brusnahan, vice president of consulting at Brock Associates, said Thursday at an investor meeting for
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Finance chiefs representing 20 of the world’s largest economies are hopeful they can help resolve the trade tensions that have emerged over the past year among their membership but achieved no breakthrough this week. The Group of 20 finance ministers met on the sidelines of the annual meetings of the International Monetary Fund and World
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Minister of State for Commerce C. R. Chaudhary, lead the Indian delegation to the Confederation of Indian Industry (CII)- EXIM Bank, Regional Conclave on India-West Africa Project Partnership held in Abuja, Nigeria on October 8th – 9th . President and Vice President of Nigeria along with Ministers and Delegation of West African countries participated in
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