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Foreign
Trade
 EU
to cancel China’s trade GSP benefits
In a major blow to China’s exports, the European Union
(EU) has announced that it is cancelling some of the advantages
enjoyed by Chinese commodities under the generalised system of preferences
(GSP) so that other developing countries can also benefit.
Czechs
vote overwhelmingly for EU
Czechs voted overwhelmingly in a two-day referendum for their
formerly communist nation to join the European Union, becoming the
seventh of 10 candidate states to say yes to the EU’s historic
eastward expansion.
Indian
delegations explore business potential in China
In a bid to iron out critical issues constraining trade between
India and China and to identify niche areas for enhancing business
relations with the Chinese industry, a 25-member FICCI delegation
is visiting Beijing and Shanghai from June 22.
CII
to open east Asia headquarters in Shanghai
The Confederation of Indian Industry (CII) will re-enter China
in a big way next week by opening its east Asia headquarters as
well as launching an innovative ‘India Club’ in the booming
Communist nation’s commercial capital, Shanghai.
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