trade

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Merkel: EU trade deal with U.S. of existential importance

Merkel: EU trade deal with U.S. of existential importance

German Chancellor Angela Merkel described a future trade agreement between the European Union and United States as being of existential importance. "We have a mandate for talks with the United States and I think it …

 U.S. does not agree for trade deal with China

U.S. does not agree for trade deal with China

U.S. President Donald Trump said that U.S. isn’t ready to make a trade deal with China. "I think they probably wish they made the deal that they had on the table before they tried to renegotiate …

U.S. eases restrictions on Huawei

U.S. eases restrictions on Huawei

The U.S. Commerce Department said it will allow China's Huawei Technologies Co Ltd to purchase American-made goods in order to maintain existing networks and provide software updates to existing Huawei handsets. The world’s …

U.S. terminates Turkey's preferential trade agreement

U.S. terminates Turkey's preferential trade agreement

U. S. President Donald Trump terminated Turkey’s preferential trade treatment that allowed some exports to enter the country duty free. The decision is effective May 17. The White House said it was appropriate to …

Is Russia protected from trade wars?

Is Russia protected from trade wars?

Russia is one of the economies that is best protected from negative consequences, including a trade war between the U.S. and China, Russia's Economic Development Minister Maxim Oreshkin said. "Russia is in many …

Russia's trade turnover with U.S. grows by 24%

Russia's trade turnover with U.S. grows by 24%

The trade turnover between Russia and the United States in January-March totaled $5977 billion, amounting to an increase of  24%, the Russian Federal Customs Service said. Exports from Russia to the U.S. amounted to $2.686 billion, …

 AliExpress allows using its platform in Russia and Turkey

AliExpress allows using its platform in Russia and Turkey

China's Alibaba is overhauling the business model of AliExpress, its fast-growing ecommerce subsidiary, to enable a big new push into the international marketplace. It is starting to allow vendors in an initial four countries overseas …

EU issues $20 billion list of U.S. imports for tariffs

EU issues $20 billion list of U.S. imports for tariffs

The European Commission published a list of $20 billion worth of U.S. imports it could hit with tariffs in a dispute over Boeing aircraft subsidies. The EU retaliation plan follows a U.S. threat to seek $11 billion in damages through …

Ashgabat to hold international trade fair in April

Ashgabat to hold international trade fair in April

An international trade fair and conference 'Trade and Services - 2019' will be held in Ashgabat on April 10-11, 2019, Turkmenistan's Chamber of Commerce and Industry reported. The organizers of the fair will be the …

U.S. to lift China tariffs?

U.S. to lift China tariffs?

U.S. officials are reportedly debating lifting tariffs on Chinese imports to give Beijing a reason to make deeper concessions in ongoing trade talks between the two countries, the  Wall Street Journal reported. Treasury Secretary …

Azerbaijani trading house opens in Dubai

Azerbaijani trading house opens in Dubai

Azerbaijan’s trading house has opened in Dubai, the United Arab Emirates, the Azerbaijani Ministry of Economy reported. The trading house supports the promotion of Azerbaijani goods under the 'Made in Azerbaijan' …

Beijing-Washington trade talks concluded

Beijing-Washington trade talks concluded

China's trade talks with the United States were concluded with results would soon be released, Chinese foreign ministry spokesman Lu Kang said. According to the official, the length of the negotiations, which …

Azerbaijan to open trading house in Dubai

Azerbaijan to open trading house in Dubai

The Trade House of Azerbaijan in Dubai is planned to open on January 10, the Azerbaijani Ministry of Economy said. The ministry noted that the Azerbaijani delegation will attend the opening of the Trade House, Trend reported. …

Chizhov: Russia-EU trade steadily growing

Chizhov: Russia-EU trade steadily growing

The volume of trade between Russia and the European Union (EU) has been steadily growing since the beginning of 2017 despite mutual sanctions introduced almost five years ago, said Russian ambassador to the EU Vladimir …

Erdogan urges to trade in local currencies

Erdogan urges to trade in local currencies

Turkish President Recep Tayyip Erdogan has spoken out in favour of wider use of national currencies in trading with other countries, speaking at the Economic and Trade Cooperation Committee of the Organisation of Islamic …