Customs Duties News
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U.S. President Barack Obama travels to Europe next month to start formal negotiations on a trading bloc that would dwarf any the world has seen. He should look for ways to integrate Turkey into this new order.
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South Sudan quadrupled revenue collection as austerity measures introduced after the government shut down oil production forced the state to find alternative sources of income, Deputy Finance Minister Marial Awou Yol said.
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Agriculture in Angola, once the world’s fourth-biggest coffee producer, is being held back by limited competition and processing facilities and a lack of cooperation among small-scale farmers, the head of the National Cereals Institute said.
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Serbia will lower customs duties on imports from the European Union as the Balkan country enters the fourth year of implementation of an interim trade agreement with the bloc, hoping to result in lower retail prices at home.
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Morocco, North Africa’s third- largest wheat buyer, forecast rising imports of the grain and improving stockpiles after customs duties on soft wheat were scrapped at the start of the month.
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For 16 days earlier this month, not a single shipping container moved into or out of Egypt’s principal port for Asian trade.
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Croatia’s European Union entry this year will help the biggest snack and beverage company in the former Yugoslav region shift focus to western Europe after relying on Russia and other ex-Soviet republics for growth.
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Mukesh Ambani, India’s richest man, will be among the 42,800 top earners being asked to pay higher income tax by Finance Minister P. Chidambaram as he seeks to rein in the budget deficit.
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India’s government raised spending on the poor to court support before elections, relying on higher taxes, asset sales and subsidy cuts to trim the widest fiscal deficit in major emerging nations as economic growth slows.
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TDR DOO, Croatia’s biggest cigarette maker, sees net income falling at least 10 percent after it loses free-trade access to four Balkan markets when the country joins the European Union.
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