by Manik Mehta Sep 23, 2019
Tamil Nadu Chief Minister with high-powered delegation in US to court companies for business and investments
he chief minister of Tamil Nadu in southern India, accompanied by some ministers and high-ranking officials from the state, visited New York, San Francisco, San Jose and Los Angeles, from September 3 to 7, to attract business and investments to Tamil Nadu which is focusing on infrastructure development to propel the state’s economic growth trajectory.
With US-China trade war weighing heavily on them, Taiwanese companies in China consider moving out of mainland
As the ongoing US-China trade war continues to rage. the large number of Taiwanese companies that have been operating on mainland China seem to be considering moving out of the mainland to lucrative locations, particularly Vietnam, Indonesia and Myanmar, though other locations such as Malaysia and Thailand, despite their higher production and labor costs, are also being considered.
Steel Success Strategies conference in New York dominated by steel tariffs and protectionism fears
If politics is indeed driving a wedge between Americans today, then nowhere is this more visible than in the steel sector which is mired in a verbal battle between the steel-making and steel-consuming industries
Port of Brownsville “cautiously optimistic” about traffic in 2019 as its channel-deepening project moves toward realization
Amid the growing uncertainties that plague global trade, Port of Brownsville is “cautiously optimistic” about its cargo traffic in 2019 as it pushes some major infrastructure projects, including its channel deepening project, that will bolster its cargo traffic and, in effect, its revenues.
The CPTPP’s Ratification Clears way for Enforcement, but it is also Causing Nervousness Among U.S. Shippers
Wendy Cutler, the Vice President of the Asia Society Policy Institute and a former acting deputy U.S. Trade Representative, who had also negotiated the then U.S. led 12-member Trans-Pacific Partnership (TPP), could hardly conceal her disappointment when asked by this correspondent at a recent discussion at the Asia Society in New York to share her thoughts on the U.S. withdrawal from the TPP. She called it a “mistake”.
Kazakhstan eyes growth in breakbulk traffic while building new infrastructure aimed at making it a transit cargo hub
Building on its strategic location, the landlocked Central Asian nation of Kazakhstan is hoping to become a transit cargo hub between China and Europe – and further extend its reach to North America – and thus also boost its cargo traffic, including the breakbulk segment.
Building terminals is key to India’s goal of establishing viable logistics hubs – Gujarat State sets the pace
Indian shipping experts have long recognized that building terminals and shipping infrastructure is key to India’s foreign trade; they are convinced that logistics constitutes the backbone of a nation’s economic activity.
Leipzig/Halle Airport aims to become Germany’s air cargo hub
Encouraged by the German Government’s stated aim to promote passenger and cargo traffic at the Leipzig/Halle airport in Eastern Germany – this is contained in the text of the coalition agreement signed between Germany’s ruling coalition parties, the conservative Christian Democratic Union/Christian Social Union and the Social Democratic Party – the airport is trying to become Germany’s cargo hub. Leipzig/Halle is presently the country’s second biggest cargo airport, in terms of cargo tonnage, behind Frankfurt/Main airport.
Ukraine’s Metinvest CEO says Section 232-based steel tariff imposition is not an “ideal solution”
Openly airing his views about the controversial Section 232 of the Trade Act, under which the Trump administration has imposed steel and aluminum tariffs on imports, Yuriy Ryzhenkov, the chief executive officer of Ukraine’s Metinvest Group, said that Section 232 had resulted in a rise in steel prices.
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