China’s government has told the country’s largest oil refiners to suspend exports of diesel and gasoline as an escalating conflict in the Persian Gulf disrupts the arrival of crude from one of the world’s largest producing regions. Officials from the National Development and Reform Commission, the country’s top economic planner, met refinery executives and verbally...Read More
Bangladesh imports nearly BDT 1.5 trillion worth of energy products annually, including liquefied natural gas (LNG), refined and unrefined petroleum products, liquefied petroleum gas (LPG) and coal. Fossil fuel imports have risen at an unusual pace over the past decade. Allegations persist that ministers, bureaucrats and a section of business groups under the now-ousted Awami...Read More
An Iraqi government adviser revealed on Wednesday that Baghdad is only days away from deciding to completely halt oil production for export from southern fields, due to escalating tensions in the Strait of Hormuz. Shipping traffic through the Strait of Hormuz has been suspended for the fifth consecutive day after Iran attacked several vessels amid...Read More
Bangladesh Bank governor Md Mostakur Rahman has ordered stricter surveillance in import-export trade after a recent incident of over-invoicing was detected in a bank. He gave this instruction in a meeting held with senior officials of the central bank on Wednesday (March 4), according to meeting sources. At the meeting, the governor said that a...Read More
Operating independently under the Ministry of Mines, the Jawaharlal Nehru Aluminium Research Development & Design Centre (JNARDDC) is initiating multiple initiatives for cutting down India’s reliance on imports for essential metallurgical technologies and quality infrastructure. These initiatives have been confirmed by the JNARDDC Director, Anupam Agnihotri. {alcircleadd} The key focus for the institution has always...Read More
Uzbekistan is eyeing closer economic ties with Sweden as the Swedish Export Credit Agency (EKN) explores new investment and trade projects in the country. During a high-level meeting between Uzbek Ambassador Rahmatulla Nurimbetov and EKN CEO Åke Nordlander, both sides discussed opportunities to leverage export credit mechanisms, boost sustainable development, and strengthen strategic cooperation across...Read More
This is according to the latest statistics compiled by industry association China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE) published last month. China imported health foods worth US$8.28bn in total, a year-on-year (yoy) increase of 6.9%, and exported health foods worth US$4.6bn, up 7.8%. The country’s health foods imports...Read More
The 1.2 MT shipment marks a significant milestone in promoting premium agricultural produce from Karbi Anglong Ginger to global markets APEDA in collaboration with the Government of Assam facilitated the first-ever export of GI-Tagged Karbi Anglong Ginger from Assam to London. The 1.2 MT shipment marks a significant milestone in promoting premium agricultural produce from...Read More
By A Staff Reporter,Kathmandu, Mar. 4: More than 483,600 tonnes of chemical fertiliser has been imported so far in the current fiscal year 2025/26. According to data from the Ministry of Agriculture and Livestock Development, a total of 483,604 tonnes of fertiliser — comprising 287,379 tonnes of urea, 175,201 tonnes of DAP, and 21,023 tonnes...Read More
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