economic diplomacy

The United Nations Security Council will vote on Friday on a U.S. and Chinese proposal to blacklist more North Korean individuals and entities after the country's repeated ballistic missile launches, diplomats said on Thursday. The draft resolution, seen by Reuters, would sanction four entities, including the Koryo Bank and Strategic Rocket Force of the Korean People's Army, and 14 people, including Cho Il U, who is believed to head North Korea's overseas spying operations.

Bangkok professionals are not strangers to the difficulties created by cultural differences, and the need to navigate cross-cultural relationships effectively is becoming more important than ever. The city’s historic position as a hub for the high-growth ASEAN region, and the fact that many multinational companies, such as Exxon Mobil, Huawei, and Unilever, have set up regional offices in the city, has required professionals here to constantly build and maintain a culturally diverse range of business relationships. 

The economic and commercial relations between Romania and Spain will also be promoted through the recently established Commercial Diplomacy Chamber with the Kingdom of Spain, an NGO that is aiming to also support the collaboration in tourism, agriculture, scientific research, healthcare, telecommunications, fight against corruption, intellectual property and consumers' protection. [...] Currently, over one million Romanian nationals live and work in Spain, and the Spanish business milieu is represented in Romania by over 6,000 legal entities.  

The Ministry of Economy has announced that preparations for the ‘World Trade Development Week 2017’ to be held in Dubai from 30 October to 1 November, 2017, are underway. [...] HE Al-Kait revealed the main agendas of the three-day event happening under the theme ‘Navigating Global Trade & Reviving Global Growth’. More than 1,500 representatives from government entities and local and international private institutions are expected to attend the World Trade Development Week in Dubai, ahead the WTO Ministerial Conference. 

British chancellor Philip Hammond has called for closer economic ties with China as Britain enters a new post-Brexit era. As early as in 2015 when Chinese President Xi Jin-ping made his first state visit to the United Kingdom, which ushered a “golden age” to bilateral relations, the two great powers declared their consensus in working together with all Belt and Road project partners. [...] China and Britain need to use Xi’s proposed Belt and Road Initiative to raise awareness of the mutual benefits and overall exchanges of people to people of the two countries. 

The first Africa Business Summit of NRI forum Gopio began with a call to diaspora Indians to help develop the economies of their own countries and India, using resources they have built over the decades. The three-day summit in Durban organised by Global Organisation of People of Indian Origin (Gopio), a non-profit global movement to fight human rights violation of overseas Indians, has brought together 200 delegates from across the globe. [...] It's known that "Indians at all levels continue to set an example and play a role in uplifting the countries where they find themselves." 

For those in the West who have lived the second half of the 20th century, being under the United States’ tutelage was a mere fact of life. As the great victors of World War II and uncontested rulers of nearly every international institution in the world – UN, IMF, World Bank, GATT, NATO etc. – North Americans have transformed Central and South America into their own backyard. Now change is said to be underway. 

“Vision 2030” shows that Saudi Arabia is conscious about the necessity to reform the country’s economy. Its cut in social spending, the plan to introduce a tax on expenses by 2018, and –more importantly- its plan to privatise the state oil company Saudi Aramco are very positive. [...] The success of Saudi Arabia’s economic reforms is crucial to the West, who needs a stable Saudi Arabia in an already chaotic Middle East.

Pages