NEW YORK, United States (AFP) — Chicago Bulls playmaker Derrick Rose, a former NBA Most Valuable Player nagged by knee injuries for years, was traded to the New York Knicks on Wednesday in a six-player deal. The move came on the eve of the NBA Draft, when the Knicks will look for more help after missing the playoffs last season. Rose, fellow guard Justin Holiday and a second-round 2017 NBA Draft pick were sent to […]
Tag: trade
Trade disputes loom over Merkel’s China visit
BEIJING, China (AFP) — Tensions over trade and Chinese investment in a German robotics firm dominated Chancellor Angela Merkel’s visit to Beijing Monday, with differences about steel and China’s future market status on display. China has been pressing the European Union to grant it “market economy” status this year, making it harder for the bloc to levy anti-dumping tariffs even as Beijing is accused of selling excess steel cheaply on world markets at the cost […]
France hits out at US-EU trade pact
PARIS, France (AFP) – France on Tuesday took aim at a vast but controversial EU-US pact to create a free-trade zone covering 850 million people, with President Francois Hollande threatening to veto it as it stands. Hollande warned that Paris would reject the Transatlantic Trade and Investment Partnership (TTIP) “at this stage” because his country opposes “unregulated free trade.” “Never would we accept the undermining of the essential principles of our agriculture, our culture, of mutual access […]
Council conclusions on EU-ASEAN relations
BRUSSELS – The EU has a genuine strategic interest in strengthening its relationship with the Association of South East Asian Nations (ASEAN), the major contributor for stability in the Asia-Pacific region. A strong and cohesive ASEAN proceeding with its own integration is beneficial for regional prosperity, stability and security, and creates new opportunities for cooperation on regional and global challenges. The Council welcomed the new momentum in EU-ASEAN relations and underlined the EU’s commitment to supporting […]
EU – Philippines Trade at record high of €12.5 billion
MANILA – The European Union Delegation released its new EU-Philippines fact file, which describes and analyses economic trends in EU-Philippines relations with updated statistics of 2014. In 2014, EU – Philippines trade in goods increased to historic highs by 16% to €12.5 billion, while trade in services increased even stronger, by 17%, to €3.1 billion. This trade resulted in a surplus of €1.1 billion in goods for the EU and a surplus in services’ trade of […]
EU proposes to scale up its partnership with ASEAN
MANILA – On 19 May 2015, the High Representative of the European Union for Foreign Affairs and Security Policy and the European Commission adopted the Joint Communication: “The EU and ASEAN: a partnership with a strategic purpose”. The Joint Communication puts forward concrete ideas for taking EU-ASEAN (Association of South East Asian Nations) relations to the next level by providing a more coherent framework for sectoral cooperation and by ensuring a sharper political focus. “The […]
Initiatives to strengthen trade with key ASEAN partners gaining momentum
QUEZON CITY, 12 Oct. (PIA)- After the visit of Indonesian Vice Minister for Commerce Bayu Krishnamurti, Vietnam’s Ministry of Trade Vice Minister Tran Tuan Anh arrived recently to meet with trade officials from the Philippines. “We have been actively engaging our key ASEAN partners to provide greater market access for our exporters and SMEs. Our dialogues with Vietnam focus on expanding our market access particularly for flour and processed fish,” Undersecretary for Trade and Industry Adrian […]





