Mario Cordero, the executive director of Port of Long Beach, welcomed President Joe Biden’s $1.2 trillion infrastructure bill, adding that “we have an administration who talks about ports”. While presenting the infrastructure plan, President Biden had announced that the plan would also include ports besides building highways and bridges.
The island’s ports play a vital role in sustaining Taiwan’s external trade, an important economic lifeline
China’s rise in the international arena has been meteoric: from a former obscure communist state that was once caught in the web of internal dissent and deep political turmoil, China has risen to become a global political, economic and military heavyweight whose actions and defiance of what is called “rule-based order” cause trepidations among much of the world.
Indian strategy aims to build ports in region to augment its maritime and also security interests.
Thanks to Covid-19, the hordes of steel executives who descend on New York in June each year from around the world to participate in the Steel Success Strategies (SSS) conference, made a virtual appearance this year instead of “in flesh and blood”. The SSS-2020, which was scheduled to take place in June, was held Oct.26-28 this year in the virtual theater.
While there’s been a string of major trade show cancellations, Medica 2020 could be “the show of all shows.”
Heimtextil trade fair illustrates complexities of phase one deal on global trade…and then there’s the coronavirus epidemic.
India is working towards concluding a free trade agreement with the United States, particularly after Prime Minister Narendra Modi recently announced in Bangkok that India was dropping out of the China-led Regional Cooperation and Economic Partnership (RCEP) which comprises of the 10 ASEAN member states, China, Australia, New Zealand, South Korea and Japan.
The Bloomberg Global Business Forum (BGBF), which is held in New York, traditionally, in the third week of September, when the high-level United Nations General Assembly takes place, is proving to be an effective platform for world leaders to address the top representatives of America Inc.
The Strait of Hormuz is arguably the most important “chokepoint” in the world. And the U.S. imbroglio with Iran and Iran’s deteriorating relationship with its neighbors - especially Saudi Arabia – threatens the Strait and global commerce.
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