Work on India-UAE leg of $20b trade corridor set to kick off
NEW DELHI : Work on the India-UAE leg of the $20 billion transcontinental India-Middle East Europe Economic Corridor (IMEC), widely viewed as a counter to China’s intercontinental Belt and Road Initiative, is set to
Govt imposes anti-dumping duties on 3 Chinese products
NEW DELHI : Indian Government imposed anti-dumping duties on three Chinese products including hydraulic rock breakers to protect domestic players from cheap imports. These duties were imposed following a recommendation by the Commerce Ministry’s
Chabahar Port sees 6x container traffic growth in FY24, more investments on cards
NEW DELHI : India funded Chabahar Port in Iran has seen a 600 per cent increase in container traffic y-o-y in FY24, with the terminal handling 64,245 TEUs (twenty equivalent units), data from India’s
WTO’s $648 billion funding helps integrate developing economies into global trade
BRUSSELS : The World Trade Organization’s (WTO) Aid for Trade initiative has contributed $648 billion in funding since 2006 to strengthen the export potential of developing economies and least-developed countries (LDCs). This initiative has
MSC Vietnam’s Project Cargo team sets new record
GENEVA : MSC Vietnam’s Project Cargo team has achieved another milestone by successfully securing and loading a disassembled lifting frame with parts of various dimensions in Vung Tau. The longest single piece, measuring 31
AD Ports Group & Saif Powertec cooperate on port projects in Bangladesh
MONGLA : AD Ports Group and Saif Powertec Ltd. have signed a Memorandum of Understanding (MoU) to potentially cooperate on operational projects and projects under development in various ports in Bangladesh. The MoU was
World MSMEs Day Theme 2024 – Building a Stronger Future Together
NEW DELHI : World MSME Day is celebrated annually on June 27, designated by the United Nations General Assembly and dedicated to recognizing the critical role that MSMEs play in fostering inclusive and sustainable
Memorandum signed on the development of the European gauge railway line to Klaipėda
KLAIPEDA : A Memorandum was signed in Klaipėda, providing for closer cooperation in decision-making on developing the new European gauge railway line to Klaipėda. The Memorandum was signed by the heads of the Ministry