Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively seeking investors to help develop its offshore oil and gas reserves – both …
The uk recently ordered the largest ever food recall in its history, amounting to us $28.76 million, due to the scare of contamination by carcinogenic chemical colourant sudan-1. The contaminant is alleged to have entered the food products through red chilli powder imported from India. The powder is believed to …
brazil, the world's largest food exporter with a ban on genetically modified (gm) crops, has decided to legalise these. The step is aimed at checking their expanding black market in the country. The move defeats years of efforts of environmental and consumer groups that have won several court cases against …
Prem Chand Goyal, proprietor, BR Oil Mills in Bharatpur, Rajasthan is usually quite a phlegmatic character. But any talk of his trade is enough to ruffle his placid exterior. "My unit can crush 1,000 sacks of mustard seeds every day, but it is functioning at only half its capacity,' he …
beyond competition: China has decided to increase taxes on its textile exports to "smooth the transition for textile integration following the end of the quota system', according to a recent government statement. The 30-year-old export quotas on textiles will end on January 1, 2005. The prices of Chinese textiles are …
Nestled amid the lush hills of Kurseong in Darjeeling district of West Bengal, is a tea estate that has been transformed by organic farming. About two decades ago, the Ambootia tea estate was close to financial ruin: heavy dependence on chemical farming had been its undoing. Today, the 966-hectare estate …
leopards: Namibia's annual export quota for hunting and leopard skins increased from 100 to 250. black rhinoceros: Namibia proposal gets an export quota of five black rhinoceros hunting trophies. South Africa gets another five. The black rhino population has increased after a decade of conservation in the two countries. white …
A sumptuous Bengali feast is incomplete without the hilsa . But very soon Bengalis in Bangladesh might well have to do without it. For, the population of hilsa
Indian shrimp exports could possibly face anti-dumping duties in the us if the us Department of Commerce and the us International Trading Commission agree with a trade complaint filed by the Southern Shrimp Alliance (ssa), a trade group representing eight us shrimp producing states. The ssa, which is also targeting …
The Sensex stock index has risen by 75 per cent since April this year. The rupee is at a three-year high. Global investment analysts Goldman Sachs predict that India is the fastest growing of the four " BRIC " - Brazil, Russia, India and China - economies expected to it …
Exactly what is the new millenium all about? Some call it the time of the information technology (it) revolution. Some say it is globalisation turning mature. But, as one looks for ways to name the present, there pops up a phrase with a murky neologism in it: the new millenium …
At Cancun (“snakepit” in Spanish), it was widely expected that negotiations on agriculture would make or break the talks. However, delegates were quick to point to two other issues as equally damaging: (a) the manner in which the Cotton Initiative was methodically dismissed by the US; and (b) the poisonous …
What kind of ripples were let loose by the breakdown of talks? Celso Amorim, Brazil's minister of external relations and leader of the G-22 group, felt that the lack of engagement (of developing nations) in the Singapore issues, which mirrored the lack of engagement (of the developed world) on agriculture, …
There are worry lines all over the face of M K Bhojan, a small tea grower in the Nilgiris district of Tamil Nadu. Tea prices have fallen cataclysmically in the last few years, affecting small farmers like Bhojan most acutely. In 1997-98, one kilogramme (kg) of green tea leaf fetched …
The first day of a multilateral conference involving most of the world’s nations is usually spent on procedural matters. So it was at Cancun, Mexico, where the Fifth Ministerial Conference of the World Trade Organization (WTO) was held from September 11 to September 14, 2003. After the usual ceremonial inauguration, …
indian exporters of chilli products are smarting. The eu has all but shut the door on them after recently detecting the presence of Sudan red 1, a carcinogenic industrial dye, in one of their consignments to France. And the Spices Board of India has cracked the whip on the three …
going in to bat for the indigenous industry, the Jammu and Kashmir (j&k;) government has decided to ban the export of willow cleft outside the state. The much-awaited move is set to put local manufacturers of cricket bats on a strong wicket. Over the years, the local manufacturers had lost …
crisis tided over: The dispute over seasonal fishing in the reserved forestland of Jambudwip island in West Bengal (see: Out of bounds, February 28, 2003) may be resolved in the near future. An amicable agreement between the state government's fisheries and forest departments bears testimony to this. The deal was …
