Why US companies continue to rely on China

Container Trade between the two countries is flourishing. (Photo: image) Düsseldorf, New York, Peking, Washington Chinese companies are currently in a difficult position in the USA. The punitive tariffs imposed by former US President Donald Trump are supplemented by his successor Joe Biden with new sanctions against the tech industry every few weeks. Dozens of … Read more

Pesticide use; Oman tightened inspection on farms

Muscat: Oman has tightened inspections on farms against the use of pesticides in the country. The use of pesticides, which are lethally toxic and harmful to public health, has been banned in Oman. A ban has been imposed not only on the use of such pesticides in the country but also on their importation. Oman’s … Read more

India foreign trade News: India’s foreign trade set to cross US$ 1.6 trillion mark this fiscal: Report

India’s foreign trade is expected to cross the USD 1.6 trillion mark this fiscal despite global economic uncertainties, economic think tank GTRI said in a report. The Global Trade Research Initiative (GTRI) said the USD 1.6 trillion would be about 48 per cent of India’s nominal GDP of USD 3.4 trillion for the fiscal year … Read more

Oil exports via the Druzhba pipeline fell threefold in February

Deliveries of Russian oil via the Druzhba pipeline to European countries in February 2023 decreased three times by February 2022 and amounted to about 939,300 tons. This was reported by two Vedomosti sources familiar with the statistics of the Russian Ministry of Energy. According to them, the reduction in supplies was due to a drop … Read more