South Korea announced it would scrap rice import caps from next year, but said high tariffs would be imposed to prevent a damaging surge that would hurt local farmers.
China's monthly trade surplus jumped 16.4 percent in June to $31.6 billion, official data showed Thursday, as exports and imports both rose in the latest sign of recovering strength in the world's second-largest economy.
Venezuela announced Friday it would repay a small part its debt to local importers, after currency controls have sparked mass shortages of basic goods in the oil-rich country.
The imports figures are posing a certain threat to domestic processing enterprises (…) The Government has placed a greater emphasis on development of processing enterprises to stimulate production: Agriculture Minister.
Ministry of Energy and Industry of Kyrgyzstan announced that they will not export electricity to Kazakhstan in 2014 due to the shortage of water in the largest water reservoir of the country Toktogul.
Iranian Deputy Minister Valiola Afkhami visited Astana to meet with his Kazakhstani counterpart at the 3rd sitting of the Kazakh-Iranian Working Group on Trade and Economic Cooperation.
Japan has asked the World Trade Organisation to step into a row over Seoul's import ban on fish caught in waters near the crippled Fukushima nuclear plant, officials said Tuesday.