trade diplomacy

During the tour Cameron will seek to revive relations with both Saudi Arabia and the United Arab Emirates (UAE) where the UK has significant business interests in the oil industry. In addition, Britain will also seek to peddle 100 Typhoon fighter jets to both nations in a deal worth a potential US$10 billion.

Georgia is intended to restore its trade and cultural ties with Russia in the near future, new Georgian Prime Minister Bidzina Ivanishvili told reporters.He emphasized that it was very important for Georgia to establish relations with its “Great Neighbor”.

During the meeting in Brasilia, Hugo Chávez and Fernandez signed a joint agreement that is aimed at incorporating the nationalized YPF to the Orinoco Oil Belt and the incorporation of PDSVA to the oil and shale gas exploitation projects in southern Argentina.

Federal Commerce Minister Makhdoom Amin Fahim said on Friday the government was trying for better market access for local businesses in international markets by concluding FTAs and PTAs with a number of countries through active trade diplomacy. He was speaking at the Lahore Chamber of Commerce and Industry on Friday. Issues which came under discussion included: under-invoicing, duty on raw materials from India, decline in leather export ban on export of poultry to Afghanistan.

Pakistan and China Wednesday signed two agreements for cooperation in the economic, technological and cultural sectors. The first agreement “Economic and Technological Cooperation between Pakistan and China for a grant of 70 million RMB” was signed by Acting Secretary Economic Affairs Division Iftikhar Ahmad Rao and Chinese Vice Minister of Commerce Jiang Zeng Wei.

French Prime Minister Jean-Marc Ayrault will make his first historic three-day visit to the Philippines to meet with President Benigno Aquino III and discuss ways to enhance the two countries' political, economic and cultural relations...He will be accompanied by a 130-member delegation composed of ministers, parliamentarians and businessmen...

Thein Sein, a former general-turned-civilian, was sworn in as Burma's president just 18 months ago, and said he is guiding his country away from its authoritarian past towards democracy.

The presidents of Sudan and South Sudan signed a long-awaited cooperation agreement on Thursday, paving the way for the resumption of oil exports and casting their ailing economies a desperately needed lifeline. But several analysts said the deal came up far short.

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