Philippines Urges Swift PJEPA Review to Bolster Market Access
The Philippines is actively pushing for an expedited conclusion to the ongoing review of the Philippines-Japan Economic Partnership Agreement (PJEPA), emphasizing the need for improved market access, particularly for bananas. Trade Undersecretary Allan Gepty highlighted the urgency of accelerating the review process and addressing pending issues during negotiations with Japan. A key focus of the Philippines is to enhance market access for bananas by reducing tariffs. The Department of Agriculture is collaborating with the Department of Trade and Industry to secure preferential tariff rates, given the rising competition from other countries. The negotiation timeline depends on the shared ambitions of both nations, with the Philippines urging a swift resolution.
Fisheries Development Oman Showcases Investment Opportunities in Flourishing Fisheries Sector at SIMEC Aquafish 2023
Fisheries Development Oman (FDO), a leading entity in developing Oman’s fisheries sector, achieved resounding success at the SIMEC Aquafish 2023 exhibition in Saudi Arabia. FDO’s participation garnered significant interest from enthusiastic visitors captivated by the abundant investment opportunities within Oman’s flourishing fisheries sector. FDO’s dominance in the regional fisheries industry was on full display during the event, highlighting its wide variety of top-notch products and value-added ventures.
Humanity International Investments: DRC and UAE to Collaborate on Economic Cooperation, Investment, and Infrastructure as discussed at Annual Investment Meeting
The 12th edition of the Annual Investment Meeting (AIM) announced today that the Democratic Republic of the Congo (DRC) and the United Arab Emirates will collaborate on various projects focused on economic cooperation, investment, and infrastructure in addition to promoting humanitarian assistance efforts.
DMCC Concludes ‘Made For Trade’ Roadshow in London
The Dubai Multi Commodities Centre (DMCC) houses more than 2,000 British companies and they represented about 8% of the total number of firms in the Centre, acting as a conduit to British businesses looking to tap into regional and global markets by setting up a base in Dubai, Ahmed Bin Sulayem, Senior Executive Chairman and Executive Director of the DMCC said.
U.S. stops granting export licenses for China’s Huawei – sources
The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter.
Goldman Sachs to stop making unsecured consumer loans – source
Goldman Sachs Group Inc plans to stop originating unsecured consumer loans, a source familiar with the move told Reuters on Monday, in another sign the bank is stepping back from its consumer business.
