After weeks of speculation, and a last-minute stalemate, the BRICS group of nations has extended an invite to six additional countries. The new countries are Argentina, Egypt, Iran, Ethiopia, Saudi… read more →
India’s central banking authority is encouraging domestic banks to advise their clients to settle trade transactions between the United Arab Emirates and India using the dirham (AED) or Indian rupee… read more →
Does a New York court have jurisdiction over an Indian collecting bank that is alleged to have violated the Uniform Rules for Collections (URC 522) for neither collecting and remitting funds to pay for shipments represented by the documents forwarded to it nor returning originals of several of the documents sent to it for collection?
The U.S. Commerce Department announced on Thursday its intention to apply preliminary anti-dumping duties to tin-plated steel imports from Canada, Germany, and China. This decision excluded five nations, bringing a… read more →
In part 1 of this interview, Morgan Lépinoy, Managing Director of Viatrans broke down how container deposits are creating deep structural issues for the shipping and logistics industry in Africa, and what Viatrans is doing to help mitigate these challenges.
India’s federal government has greenlit a 580 billion rupee ($7 billion) initiative to introduce 10,000 electric buses in 169 cities over the next ten years. The scheme also encompasses the… read more →
UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have inked a $500 million contract to supply Egypt with wheat, a statement confirmed on Monday. The five-year deal,… read more →
On Monday, the Indian government announced that India and the United Arab Emirates have begun conducting bilateral trade using their respective local currencies. The prominent transaction involved India’s leading refiner,… read more →
Yesterday, 14 August, the UK government unveiled a new “one-stop shop” aimed at assisting small businesses in their efforts to lower carbon emissions. The UK Business Climate Hub represents a… read more →
In July, India’s merchandise trade deficit was at $20.67 billion, based on export and import figures released by the government on Monday. According to a Reuters survey, economists had forecasted… read more →
