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 devaluation of Indonesian currency in the international market has come as a boom to the farmers. Due to the devaluation of the rupiah, the US dollar based exports have become more valuable. Traditional crops like coffee, black pepper, rice and sugar are all selling from three to 10 times …
Wooden carvings are hot selling products throughout the world. Unfortunately, the popularity of the product may also lead to its downfall. The Kenyan wooden carving industry is a good example of the above dilemma. A series of projects funded by the WWF, UNESCO and other agencies have revealed that trade …
Industrialised nations are planning to impose a moratorium on the export of hazardous ship-for-scrap to developing countries, including India, Pakistan and Bangladesh. Environmentalists are strongly opposed to these conditionalities. Environmental group, Greenpeace International, said under the move the ships which are stripped of the hazardous constituents such as poly chlorinated …
rice tec inc, the us seed company that sent shock waves across India by staking patent rights on a particular variety of basmati rice at the us Patent and Trademark Office, will not be able to pull the same trick on Thailand. Thai farmers have pledged to protect Khao Dawk …
market forces, rather than ecological concern, have prompted some of the owners of the Darjeeling tea gardens to turn bio-organic. Germany, which is the largest buyer of Darjeeling tea, threatened to discontinue buying tea as they felt that the pesticide residual content in the tea produced in Darjeeling is above …
at a time when India's herb exports have tripled, several medicinal plants face extinction. The recent rediscovery of natural medicine has fuelled a sharp increase in commercial demand for herbal products in global markets. In an eager to meet the requirements, nearly 90 per cent of the medicinal plants are …
Pakistan's rice exports will get a boost with the imminent reduction of the involvement of parastatals, following a recent merger of Rice Export Corporation and the Trading Corporation. Now, the private sector would play a much greater role. In its new dispensation, Pakistan, as a rice supplier to the global …
the computer software industry in India feels threatened by a bill in the us , which if enacted, would affect the country's software exports to the us . According to the National Association of Software and Service Companies ( nasscom ), the bill, seeking to amend the Immigration and Nationality …
Speculation is rife that tea production in Nepal may decline as poor rainfall until this time of the year has resulted in the inadequate growth of tealeaves. Although tea estates located in the northern part of the country have not been affected much by the drought, those in the southern …
the Indian government plans to adopt a strategy to counter moves by industrialised countries to install green barriers to trade, as had happened when the us had imposed an embargo on shrimp imports from countries like India in 1995. This is because in these countries, no law urges the fisherfolk …
The ongoing dispute between the US and four Asian nations over shrimp exports will now be decided by a panel which was recently appointed by the World Trade Organization. Lost year, the US had passed a law which prevents shrimp exports from India, Pakistan, Malaysia and Thailand unless they take …
in september 1995, 84 nations met in Geneva at the third conference on the Basel Convention and agreed to ban the export of toxic wastes. The convention will come into force on January 1, 1998, if 63 of these 84 states including 24 oecd (Organisation for Economic Cooperation and Development) …
emerging stronger and starker links between trade and environment have made the 1990s a momentous decade for environmentalists. The General Agreement on Tariffs and Trade (gatt), which never explicitly alluded to environment, has evolved into the World Trade Organization (wto), a legally binding institution. The wto, in turn, has set …
the Indian government is examining the legal aspects of the us ban on shrimp exports from this country. The us has argued that shrimp farming in India, Thailand and Indonesia is threatening some endangered species of turtles. However, considering the various laws regulating trade bans, it seems that India is …
In the ongoing battle over beef, UK suffered yet another defeat when the European Court of Justice rejected its demand for an immediate lifting of the ban on its beef exports. The court in Luxembourg dismissed UK's argument that the ban was purely an economic strategy tailored to protect continental …
The UK was at the receiving end when the European Court of Justice ruled recently that a ban on export of live sheep imposed by it on Spain, was unlawful. The Luxembourg court ruled that the UK agriculture ministry had been wrong to deny a licence to a sheep exporter …
High cotton prices in the US is proiNG beneficial for the Pakistani cotton growers as their cheaper cotton finds favour in Asian trade circles. with sizable amount earmarked for exports, Pakistani coarse Afzal cotton and a finer grade of cotton identified as I! is now being sold in huge balefuls …
