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.
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.
Russian President Vladimir Putin’s success in defusing the Syria conflict contrasts sharply with a fiasco developing closer to home: the disintegration of his grand plan to build a Eurasian economic union on the ruins of the former USSR.
Ferrari SpA wants to ship its luxury sports cars to the U.S. without having to pay duties. The owner of KFC and Pizza Hut restaurants is seeking lower tariffs on chicken wings exported to feed hungry Europeans.