Author Archives: vizpathak

World trade will continue to face strong headwinds in 2019 and 2020 after growing more slowly than expected in 2018 due to rising trade tensions and increased economic uncertainty. WTO economists expect merchandise trade volume growth to fall to 2.6% in 2019 — down from 3.0% in 2018. Trade growth could then rebound to 3.0%Continue reading “Global trade growth loses momentum as trade tensions persist”

WTO rules on food safety play an important part in enabling governments to protect their citizens while ensuring trade can play its critical part in maintaining timely supplies of safe and affordable food, said Director-General Roberto Azevêdo in opening the International Forum on Food Safety and Trade taking place at the WTO on 23-24 April.Continue reading “WTO Forum looks at addressing food safety concerns through trade and cooperation”

As it seeks to extend it’s footprint in Africa where China has already made deep inroads, India has partnered with Japan and the United Arab Emirates (UAE) to implement two high priority projects.  In collaboration with Japan, India will build a hospital for cancer treatment in Kenya while in Ethiopia it will partner with theContinue reading “India, Japan and UAE partner to develop trade opportunities in Africa”

French road equipment manufacturer Fayat is set to gain a stronger presence in the Indian market with a wider range of offerings following its recent acquisition of Dynapac from Atlas Copco. Jean-Claude Fayat, CEO – Fayat Group, Jörg Unger, President – Fayat Road Equipment Division, Paul Hense, President – Dynapac GmbH, and Abhijit Som, ViceContinue reading “Fayat French Manufacturer Is Set To Gain A Strong Presence In India”

Adequate Oil Supply For Indian Refineries: Government The government has worked out a contingency plan to ensure that there is enough supply of crude oil to Indian oil refineries starting from May when the US withdraws the waivers from its Iran clearance given earlier to major oil importing countries, which includes India as well. AsContinue reading “Adequate Oil Supply For Indian Refineries: Government”

Volkswagen India has manufactured its one-millionth car at Chakan plant in Maharashtra where the company has been producing cars since 2009 and has been exporting to over 50 markets worldwide. Volkswagen is known to make some of the most well-built, safe and technologically advanced mass market cars around the world. Decade later, the German automotiveContinue reading “Volkswagen successfully Rolls out its One-millionth Car”

Two decades of successful business, Becido Automotives is a well known name locally and internationally. This May, it will make an appearance in the 21st AUTOEXPO AFRICA 2018.The Expo will be a platform for the company to attract more export business in the rich markets of Kenya and Africa. At the same time the eventContinue reading “India’s Bedico to Feature at 21st Autoexpo Africa 2018”

The export journey of home-grown two-wheeler makers is achieving boost as they post significant growth in shipments across a larger market. The growing two-wheeler exports, specially penetrating deeper in markets of Africa, Latin America and ASEAN strengthens the domestic market when it is going through a slowdown due to stagnant demand. While motorcycle shipments duringContinue reading “Indian 2-Wheelers Booming Exports in Overseas Markets”

Tea Exports by Country APRIL 19, 2019 BY DANIEL WORKMAN Tea leaves Global sales from tea exports by country totaled an estimated US$7 billion in 2018. Overall, the value of tea exports fell by an average -10.9% for all exporting countries since 2014 when tea shipments were valued at $7.8 billion. Year over year, global tea exportsContinue reading “Tea Exports by Country”

Coffee Imports by Country APRIL 17, 2019 BY DANIEL WORKMAN Coffee conceptual (Pixabay) Global purchases of imported coffee totaled an estimated US$31 billion in 2018. Overall, the value of imported coffee sank by -0.6% for all importing countries since 2014 when coffee purchases were valued at $31.1 billion. From 2017 to 2018, worldwide coffee imports depreciated byContinue reading “Coffee Imports by Country”