Latest in Tag: trade Highlight
Latest in Tag: trade
US hails 'progress' in China trade talks
Washington and Beijing have signaled a positive turn in the latest talks to secure “the biggest deal ever made.” But analysts remain deeply skeptical that a deal can be secured by March 1, when tariffs are set to rise.US President Donald Trump on Thursday said trade talks between Washington and Beijing have taken significant steps …
US-China trade poker enters new round
Trade talks between the United States and China will continue in Washington this week. The big question is just how far the two sides are from an agreement. The US is certainly sending contradictory signals.It's an emotional roller coaster — and it has been like that for months. One moment it seems like an open …
Egypt-France trade exchange climbs to €2.2bn in 11M18
Government adopts comprehensive development strategy until 2020 to improve competitiveness of local products, says Nassar
Exports up by 6.8% in October 2018
Trade balance deficit scored $4.56bn
Africa on path towards resolving economic challenges
It is estimated that by 2030, one in five people will be African. Given the continent’s population size, Africa’s labour force has the potential to prompt the global growth for decades. However, in order to do that, Africans must implement the necessary reforms today. As its population matures, governments, institutions, and organisations need to help …
EDA signed MoU with ITFC to support cooperation in trade development
Export to Africa low rise in 2017 by 10% a year between $1bn, $300m: Al-Shorbagi
‎‎Engineering Export Council organises trade mission to EthiopiaÂ
15 Egyptian companies will participate from five sectors
Egyptian exports down by 12.2% in August: CAPMAS
Trade deficit scored $3.95bn
UK targets new trade agreement with Egypt by end of 2020
British ambassador affirms commitment to take relations to next level
Egypt’s trade with world registers $88.93bn in 2017/18
Imports at $63.103bn, exports score $25.827bn, UAE tops trade partners
PTPN delegation in Cairo to discusses boasting bilateral trade
Delegation from Indonesian company visited Egyptian counterparts in meeting organised by Indonesian Embassy
US-China trade row: Americans feel the pinch
Despite their repeated attempts, US retailers have so far been unable to veer President Trump away from imposing tariffs on imports from China. His latest tariffs, however, have the potential to hit American consumers.Bulla says she didn’t notice any difference in consumer prices in the US so far. Ana, though, is sure that prices have …
US-Canada trade-off: Who is happiest with NAFTA 2.0?
A new North American trade agreement has been struck between the US, Canada and Mexico following tense negotiations. But is this a victory for US President Donald Trump or is the picture a little more nuanced?NAFTA is dead, long live USMCA? It’s not the most inspiring battle cry you’ll ever hear but it neatly sums …
Chinese gangs fuel illegal South Africa abalone trade: report
Chinese crime syndicates working with local South African gangs have caused stocks of abalone to be depleted at a record rate. Illegal trade in the marine mollusks extends across sub-Saharan Africa.Demand for abalone in Asia is increasingly being met through illegal harvesting run by criminal gangs threatening the survival of the marine mollusk in South …
German executives pin hopes on trade truce with US
Businesses in Germany have grown more optimistic again about their future economic outlook, a fresh monthly barometer by the Munich-based ifo think tank has shown. And that despite the US-China trade conflict.Confidence among German business leaders improved noticeably in August, the ifo economic institute found in its latest regular survey of 9,000 firms across Europe’s …
$3.84bn trade balance deficit in May: CAPMAS
Exports register $2.48bn, imports $6.32bn
Business houses optimistic about investment, trade opportunities in Egypt: New Indian ambassador
Development partnership with Africa includes implementation of 180 Credit Lines
Indian PM: our African partnership includes implementation of 180 credit lines worth about $11bn
Indian prime minister, Narendra Modi, said that his country’s development partnership with Africa currently includes implementation of 180 Lines of Credit worth about $11bn in over 40 African countries. “At the last India Africa Forum Summit, we had committed a concessional Line of Credit of $10bn, and $600mn in grant assistance,” said Modi on Wednesday …
Thailand expects 5% trade increase with Egypt by end of 2018
Thalerngsak Vongsamsorn, minister counsellor for commercial affairs at the Thai embassy in Egypt, expected a 5% trade increase by the end of 2018 compared to 2017, noting, “positive expectations resulted from market stabilisation. Our exports and imports were affected by the Egyptian pound flotation in November 2016, but now the situation is better.” Vongsamsorn told Daily News …
2.775bn, trade exchange volume between Egypt and Russia in 5M of 2018$
The trade exchange volume between Egypt and Russia markedly increased during the first five months of this year, scoring a 31.5% increase, compared to the same period in 2017, to reach $2.775bn. This came on a press statement issued by the Russian trade office on Saturday published by Egypt`s News agency, MENNA. Notably, that the …
Trade tensions hit Chinese growth
China’s economic growth slowed in the second quarter, adding to the many challenges Beijing faces amid a mounting tariff battle with Washington and weakened global demand for its exports.Chinese growth slowed slightly in the second quarter as the world’s number two economy faced a snowballing trade fight with the United States, after Washington and Beijing …
EU, China seek closer ties as US turns against trade
At a time of heightened uncertainty in the global economic environment, leaders of Europe and China are meeting to ponder ways to counter the fallout from US President Trump’s “America First” policies.US President Donald Trump’s attacks on the international trading system, by imposing tariffs and engaging in virulent anti-trade rhetoric, have left America’s commercial partners …
Egypt signs Japanese grant to develop automated system for collecting VAT
The Ministry of Investment and International Cooperation signed a Japanese grant on Sunday worth EGP 15.5m to develop an automated system to collect the value-added tax (VAT). This was done in the presence of Finance Minister Mohamed Moeit, minister of investment and international cooperation, Sahar Nasr, and Japanese Ambassador Takehiro Kagawa. A press statement from the …
Indonesian ambassador anticipates 10% trade increase with Egypt by end of 2018
We will announce new private sector tire factory with an Egyptian partner shortly, says Indonesian ambassador
China’s Li Keqiang pushes trade with Eastern Europe amid EU concerns
The Chinese premier is meeting with leaders from Central and Eastern European countries at a summit in Sofia as he aims to boost Beijing’s trade interests in the region. But Li cannot afford to offend the European Union.Chinese Prime Minister Li Keqiang seeks to expand business and trade ties with Central and Eastern European countries …
Currency devaluation, reform open new chapters for trade: HSBC
Pound floatation in 2017 contributed to bridging trade deficit, as exports improved
Trade balance deficit at $3.4bn in March 2018: CAPMAS
Egypt’s oranges, garments, plastics exports, crude oil, wheat imports all up
China warns US against imposing tariffs as latest trade talks end inconclusively
Beijing’s warning came as trade talks aimed at lowering China’s burgeoning trade surplus with the US came to an end. Earlier in the week, the US renewed a threat to impose tariffs on $50 billion worth of Chinese goods.Any trade agreement the United States and China reach would not stand if Washington goes ahead with …
Business France encourages Egyptian firms’ participation at three trade exhibitions
Exhibitions are SIAL, SPACE, Sommet de l’Élevage
Egypt begins transition to regional energy trade hub this year
Country to implement electricity interconnection between three continents