Issue dated - 13 January 2005

Home > Foreign Trade

WTO’s Doha trade talks sail past year-end deadline
The World Trade Organisation’s troubled Doha round of liberalisation talks has sailed past a planned end-2004 conclusion date, with all eyes now on a ministerial meeting in Hong Kong in December this year.

Indo-Pak trade can touch US$ 10 bn mark by 2010: ASSOCHAM
Industry body ASSOCHAM estimates that trade between India and Pakistan can touch the US$ 10 billion mark by 2010 from US$ 345 million in 2003-04, provided the execution of South Asian Free Trade Agreement (SAFTA) is not thwarted and the trade basket is diversified.

Traders instructed how to actively check for counterfeit euro notes
Europe’ news sources are increasingly shedding light on the number of counterfeit Euro notes in circulation, although there is no reason to panic just yet. However, while the previous national currencies had only limited markets in which to circulate, the Euro is applicable in a far larger territory, the euro-zone, currently comprising 25 member states.

US drops out of top 10 ‘freest’ economies: Study
The United States Has dropped out of the world’s top 10 “freest economies” in a ranking released recently by the Conservative Heritage Foundation.

B’desh to await SAFTA before signing bilateral FTAs: Report
Bangladesh will not move ahead with bilateral free trade agreements before the South Asian Free Trade Area (SAFTA) comes into effect after a year, a media report said.

Asia posing challenge to American competitiveness: US Chamber
Asian economies like India and China are posing an unprecedented challenge to US competitiveness, a top American business lobby has warned, seeking firm government steps to secure the nation’s leadership.

 



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