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Trade News

Canada, Mexico leaders showcase ties after Brexit

Ottawa - Canadian Prime Minister Justin Trudeau and visiting Mexican President Enrique Pena Nieto decried protectionism and Britain's exit from the European Union, saying Tuesday that greater North American integration is key to the continent's prosperity.

Canada to lift travel visa requirement for Mexicans

Ottawa - Canada will rescind travel restrictions on Mexicans at the end of this year, Prime Minister Justin Trudeau announced during a visit by his counterpart President Enrique Pena Nieto on Tuesday.

Prosecco panic in Italy as Britain's EU vote looms

Rome - There will be no corks popping in Italy if Britain votes to leave the EU on Thursday: winemakers fear a Brexit could burst prosecco's bubble in its number one export market.

Demos greet Chinese president in Poland

Varsovia - Rival demonstrations greeted Chinese President Xi Jinping as he arrived in Warsaw on Sunday on a three-day visit focused on investment and trade with Poland, the EU's largest eastern economy.

Russia unveils 'world's biggest' nuclear icebreaker

Moscow - Russia on Thursday floated out a new nuclear-powered icebreaker, said to be the world's biggest and most powerful, to be used for hauling liquefied natural gas from its Arctic terminal.

German economy minister blasts Merkel on EU-US trade treaty

Frankfurt - Germany's economy minister lashed out at Chancellor Angela Merkel for her "wrong" stance on a huge EU-US free trade pact in an interview to be published Monday, signalling a deepening rift within the government over the controversial accord.

Obama implores Vietnam to embrace human rights

President Barack Obama urged communist Vietnam on Tuesday to abandon authoritarianism, saying basic human rights would not jeopardise its stability, after Hanoi barred several dissidents from meeting the US leader.

Obama banishes Vietnam war era with lifting of arms ban

Hanoi - US President Barack Obama on Monday scrapped a Cold War-era ban on weapons sales to Vietnam, as ties between the former foes grow closer thanks to trade and mutual fears of Chinese expansion in disputed seas.

Obama lands in Vietnam to boost security, trade ties

Hanoi - US President Barack Obama landed in Vietnam late Sunday for a landmark visit capping two decades of rapprochement between the former wartime foes, as both countries look to push trade and check Beijing's growing assertiveness in the South China Sea.

EU won't sacrifice food safety for U.S. trade deal: German minister

Berlin - The EU won't sacrifice its high food safety standards for better US auto market access in a transatlantic trade deal being negotiated, a German minister said Friday.

Tunisia-Libya border trade will resume 'very soon': Tunisia

Jarjis - Tunisia is confident that trade at the main border crossing with Libya will resume "very soon", local authorities said, nearly a week after the Libyan side imposed a blockade.

France says EU-US trade pact talks likely to stop

Paris - Negotiations for a vast US-EU trade pact, which aims to create a free-trade zone covering 850 million people, are likely to grind to a halt because of Washington's reluctance to make concessions, a top French trade official warned Tuesday.

France warns could nix TTIP if agriculture threatened

Paris - France will reject the ambitious TTIP transatlantic trade pact if it endangers the future of French agriculture, President Francois Hollande warned Sunday.

Trump vows 'America first' foreign policy

Washington - Republican White House frontrunner Donald Trump promised a top-to-bottom overhaul of US foreign policy Wednesday to put "America first" and make its allies pay up.

No EU-US deal without health, environment guarantees: France

Paris - French Prime Minister Manuel Valls warned Tuesday that there could not be a transatlantic trade pact without strict guarantees that French quality standards would be kept up.

Trade deal foes plan major German rally on eve of Obama visit

Hanover - Opponents of a proposed transatlantic trade deal hope to draw tens of thousands onto German streets Saturday, on the eve of a visit by US President Barack Obama.

China restricts North Korea exports

Bejing - China on Tuesday imposed restrictions on imports of North Korean coal and iron, Beijing's commerce ministry said, in line with United Nations sanctions on the country following its nuclear and missile tests.

Djibouti's strategic position draws world's armies

Arta - A French warship ploughs through the sparkling waters between Africa and Arabia on a joint training drill with the US that highlights Djibouti's growing strategic role for the world's militaries.

U.S. further eases Cuba restrictions ahead of Obama visit

Washington - The United States further eased travel and trade restrictions with Cuba Tuesday, just days before a historic visit to the communist-ruled island by President Barack Obama.

EU, Cuba normalize ties in 'historic step'

Havana - The European Union and Cuba signed a deal to normalize relations, including an agreement on the delicate issue of human rights -- a breakthrough just ahead of US President Barack Obama's historic visit to the island.

Obama welcomes 'quite good-looking' Trudeau to White House

Washington - Barack Obama welcomed Canada's youthful Prime Minister Justin Trudeau and his "quite good looking Canadian delegation" to the White House Thursday, for a pomp-filled visit designed to rejuvenate US-Canada ties.

Panama aims at end June for much-delayed canal expansion

Panama - Panama is aiming to inaugurate its newly expanded canal at the end of June, the head of the state canal authority said Wednesday, nearly two years behind schedule and $2 billion over budget.

Guinea and Turkey sign deals on defence, health, energy

Conakry - Guinea and Turkey signed multiple deals in areas including defence, health and energy during a visit by Turkish President Recep Tayyip Erdogan to the west African nation.

Asian wildlife traders harness social media: Conservationists

Kuala Lumpur - Social media sites such as Facebook and Instagram are increasingly being used in Asia as platforms for the illegal trade in a range of threatened species such as orangutan and sun bears, conservation groups said Thursday.

China industrial overcapacity damaging global economy: Study

Bejing - China's overcapacity in heavy industries is wreaking "far-reaching" damage on the global economy, with steel production "completely untethered" from market demand, the European Union Chamber of Commerce of China said Monday.

U.S. dominates arms trade as Asia, Mid-East boost imports

Stockholm - The global transfer of major arms has risen in recent years, with the United States increasing its dominance of the trade while the flow of weaponry to Africa, Asia and the Middle East has increased, a new study published Monday showed.

Thousands march in Brussels against cheap Chinese steel imports

Brussels - Thousands of European steelmakers descended on the EU capital Brussels on Monday demanding that officials do more to stop the flood of cheap imports from China.

Pacific Rim nations sign giant trade deal amid protests

Auckland - The US-led Trans-Pacific Partnership, one of the biggest trade deals in history, was signed in New Zealand on Thursday as protestors demonstrated over fears for jobs and sovereignty.

France calls for end to US sanctions on Cuba during Castro visit

Paris - French President Francois Hollande called Monday for an end to US sanctions on Cuba during a historic visit to Paris by President Raul Castro, seen as a key step in rebuilding ties with the West."President Obama...

Cuba's Raul Castro in France for historic visit

Paris - Cuba's President Raul Castro began an official state visit to France on Monday, his first ever to Europe, which is being seen as a key step in rebuilding his island nation's ties with the West.
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Trade routes between Asia and Alaska
Trade routes between Asia and Alaska
Mail Online
The Silk Road extending from southern Europe through Egypt  Somalia  the Arabian Peninsula  Iran  Ce...
The Silk Road extending from southern Europe through Egypt, Somalia, the Arabian Peninsula, Iran, Central Asia, Pakistan, India, Java-Indonesia, and Vietnam til it reaches China. Land routes are red, water routes are blue. The Black Death originated in China and spread by way of the Silk Road. It reduced the world's population from an estimated 450 million to between 350 and 375 million in 1400.
Wikimedia Commons
Sino Persian trade relations
Sino Persian trade relations
Demetrios Marantis  US Deputy Trade Representative  speaks at the US-Africa Trade Press Conference h...
Demetrios Marantis, US Deputy Trade Representative, speaks at the US-Africa Trade Press Conference held at the World Economic Forum on Africa 2009 in Cape Town, South Africa
World Economic Forum
Cape Espenberg
Cape Espenberg
Google maps
The new free trade area in Africa will create a market with a population of 625 mn and gross domesti...
The new free trade area in Africa will create a market with a population of 625 mn and gross domestic product of more than $1 tn
Roberto Schmidt, AFP
A man hawks coffee beans on a wooden bike in a stadium in Kampala  Uganda on September 20  2010.
A man hawks coffee beans on a wooden bike in a stadium in Kampala, Uganda on September 20, 2010.
Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
TRAFFIC
President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at t...
President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at the G20 Summit in Toronto, Canada
White House Photo by Pete Souza
Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against...
Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against the New Orleans Pelicans at The Palace of Auburn Hills. New Orleans won 103-101. Jan. 24, 2014
With permission by Reuters / Tim Fuller-USA Today