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DMCC, China Council sign deal to promote tradeDMCC, a leading free zone and Government of Dubai Authority on commodities trade and enterprise, has signed an agreement with China Council For The Promotion Of International Trade (CCPIT) for the promotion of global trade. Design More… |
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De-risking by big banks ‘hitting global trade’Banks around the world are reducing their banking relationships with a focus on higher-risk countries, including in the region, resulting in more banks losing access to international financial networks and products, said an industry expert. More… |
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UAE to host WTO meetingUAE will host an important meeting of the World Trade Organisation (WTO) focusing on reforms of the global trading system on October 28, during the Global Trade Development Week (GTDW) in Abu Dhabi. Organised in partnership with t More… |
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BRICS economies ‘to drive global trade’BRICS (Brazil, Russia, India, China and South Africa) economies will play an increasingly dominant role in global trade and will be major drivers of the global economy in 2012, said experts ahead of a major ports summit in Abu Dhabi. Joint More… |
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WTO cuts global trade growth forecastThe World Trade Organisation (WTO) has cut its 2011 trade growth forecast to 5.8 per cent from 6.5 per cent as earlier predicted, amid increasing economic uncertainty. 'Members must remain vigilant. This is not the time for go-it- More… |
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Global trade 'to grow over 10pc in 2010'Global trade, in volume terms, is expected to grow more than 10 percent this year, Pascal Lamy, director-general of the World Trade Organisation, said on Thursday. The forecast is up from an estimate of 9.5 per cent in March. 'It will More… |
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Global trade finance shortfall $100bnThe current global shortfall in trade finance is running at about $100 billion, a senior trade source said on Wednesday. The source was speaking after a meeting of experts from commercial banks, international financial institutions and&nbs More… |
