Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively
Finland is counting on the European Commission to use Russia
This report provides a reminder of what know about the gains from international trade and highlights the challenges arising from higher levels of integration. It addresses a range of interlinking questions, starting with a consideration of what constitutes globalization, what drives it, what benefits does it bring, what challenges does it pose and what role does trade play in this world of ever-growing inter-dependency.
The United States
Although China's agricultural reputation has been tarnished by widespread reports of food tainted with pesticides and other contaminants, the country is undergoing a rapid expansion in the production of and market for organic food. Spurred in part by growing demand for organic products from other nations, China now devotes more than 28% of its agricultural land to "eco-foods," which include organic foods as well as China's domestic "green" and "hazard-free" categories of food.
Bs Reporter / New Delhi July 31, 2008, 3:43 IST Bihar Chief Minister Nitish Kumar has appealed to Prime Minister Manmohan Singh to remove the recently-imposed ban on maize exports. At 1.7 million tonnes, the state accounts for 10 per cent of the country's total maize output. "The recent ban on export has led to depressed market conditions. The price of maize before the ban hovered around Rs 732 a quintal. Now, it has now crashed to Rs 500-600 a quintal. The procurement of maize by buyers has also come down drastically,' Kumar has stated in a letter to the PM.
2008-09 Losses Could Fall Rs 45,000 Cr Under Chaturvedi Panel-Mooted Structure Deepshikha Sikarwar & Rajeev Jayaswal NEW DELHI THE estimated loss figures of oil companies at Rs 2,45,000 crore for 2008-09
2 MT OF DIESEL TO FEED DEMAND Rajeev Jayaswal & Soma Banerjee NEW DELHI FACED with an unprecedented growth in diesel demand, the government is examining the possibility of diverting to the domestic market 2 million tonnes of the 11 million tonnes a year of diesel that Reliance's Jamnagar refinery exports.
DOMESTIC sponge iron makers which includes firms such as Jindal Steel and Power (JSPL), Monnet Ispat and Vikram Ispat may not face the heat of the government's move to increase export cess on sponge iron as their exports are negligible. With a view to control inflation and escalating steel prices, the government is looking at increasing export duty on sponge iron to 20% from 15% currently. Sponge iron is an alternative to steel scrap which is used as a raw material for manufacturing steel products.
THE LONG-TERM export contract of iron ore with Japanese and Korean steel mills may soon come under threat. Country's largest iron ore producer NMDC may terminate contracts with companies based in Japan and Korea unless buyers agree to pay substantially increased price for the ore. NMDC is forced to increase its price due to higher freight charges and the recently imposed advalorem export duty. The negotiations to renew long-term contract with Japan and South Korea is scheduled for the last week of this month.
SHRIMP exporters from India and Thailand to the United States have reasons to cheer. The World Trade Organization's (WTO) appellate body
