Russia Calls On BRICS Members To Integrate Payment Systems

Russia has called on members of the BRICS group of emerging economies to integrate their payment systems while using their national currencies for trade....

India, Australia FTA To Double Trade, Generate 1 Million Jobs In Five Years

The agreement will also give about 85% of Australia’s exports zero-duty access to the Indian market, including coal, sheep meat and wool, and lower...

China, Malaysia Begin To Impose RCEP Tariffs

As the Regional Comprehensive Economic Partnership agreement entered into force for Malaysia, China and Malaysia have begun to impose RCEP tariffs on each other,...

Bangladeshi Banks Explore Chinese Payment Channels

Bangladeshi banks are looking for Chinese payment channels to settle transactions with Russian banks that were removed from the SWIFT system to remedy difficulties...

Turkish Textile Industry Suffers As Ukraine, Russia Cancel Orders

Textile and leather goods' makers in Istanbul's garment district are feeling the impact of Russia's invasion of Ukraine as customers in Moscow and Kyiv...

Textile Exporters Face Uncertainty In Russian, Ukrainian Markets

Textile and apparel exporters are staring at a lot of uncertainty in international trade following the Russia-Ukraine conflict.With the ongoing Russia –Ukraine war, garment...

India Explores Payment Options For Trading With Russia

India is examining all possible payment mechanisms for continuing trade with Russia, including the one adopted to settle payments with Iran. Foreign banks that...

Morocco Signs Economic Deal with Israel

Morocco and Israel have signed a trade and investment cooperation agreement. The agreement covers the creation of a bilateral economic and trade relations framework;...

Rupee Fall To Make Indian Exports Competitive

Indian exporters of carpets and handicrafts expect up to 10% benefit from the ongoing rupee depreciation. Sectors with a low dependence on imports stand...

Global GDP Forecasts Slashed

Economists are cutting back 2022 global GDP projections in the wake of the Russia/Ukraine war and elevated crude oil and natural gas prices. Heightened...

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