Gwadar port in Pakistan. Reuters
India’s merchandise exports grew 11.02 per cent, on a year-on-year basis in March, to $32.55 billion from $29.32 billion reported for the corresponding month of last year, official data showed on Monday. “Exports in March 2019 were $32.55 billion, as compared to $29.32 billion in March 2018, exhibiting a positive growth of 11.02 per cent,” the Commerce Ministry said.
South Korea’s exports in May fell more than expected and for a sixth consecutive month from a year earlier, official data showed on Saturday, as expanding trade friction between the major economies darkened the prospects.
Taiwan’s export orders contracted for an eighth straight month in June, with global companies increasingly hesitant to make new investments in machinery as the China-US trade war wears on.
Win-win B2B (Business-to-Business) cooperation and enhanced P2P (People-to-People) contacts should follow the foundational G2G (Government-to-Government) phase of China Pakistan Economic Corridor (CPEC) to take the historic megadevelopment project to the next level.
Global stocks sank to their lowest levels in over two months on Tuesday, as relief from a sharp selloff the previous day on fears about the spreading coronavirus proved temporary.
Breakbulk Middle East (BBME) 2020, the GCC’s premiere breakbulk and project cargo conference and exhibition, has successfully made its return to Dubai for the third consecutive year.
The number of customs transactions completed by Dubai Customs has grown to a record 44 per cent in five years (2015-2019) to 13 million at the end of 2019 from 8.9 million in 2015, reflecting a robust national economy and the pivotal role Dubai plays as a global trade hub.