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APEC Agrees to Avoid Trade War: INDONESIAN TRADE MINISTER

25/11/2008

JAKARTA, Nov 21 Asia Pulse - Indonesian Trade Minister Mari Elka Pangestu said APEC (Asia-Pacific Economic Cooperation) member countries had agreed to avoid trade war (protectionism) which would worsen the ongoing global financial crisis.

The twentieth APEC misnisterial meeting

25/11/2008

We, the APEC Ministers, met on 19-20 November in Lima to participate in the 20th Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting. The meeting was co-chaired by José Antonio García-Belaúnde, Minister for Foreign Affairs of Peru, and Mercedes Araoz, Minister of Foreign Trade and Tourism of Peru.

Prices can fall if taxes, interest rates are lowered: Assocham

25/11/2008

NEW DELHI: Prices in India may come down due to lower demand but will fall further if the government cuts taxes and banks lowers interest rates, a top industry lobby said Thursday, two days after Finance Minister P. Chidambaram asked India Inc to cut prices and not production.

Moscow to raise import tariffs

25/11/2008

November 18, 2008 Russia said yesterday it will push ahead with sharp rises in import duties in the near future in spite of signing the Group of 20 communiqué that promised not to introduce protectionist measures for a year.

Commerce Dept. Confirms TKS Should Face Hefty Antidumping Duties

25/11/2008

NEW YORK The U.S. Commerce Department's International Trade Administration has confirmed its preliminary finding of two years ago that Japanese makers of large newspaper printing presses should be subject to anti-dumping duties.

Protectionism may deepen global crisis

25/11/2008

The 1930 Smoot-Hawley Tariff raised duties on at least 20,000 items imported into the US from an average of 26% to 50%

Policy to stimulate demand underway, says Ashwani Kumar

25/11/2008

New Delhi, Nov 19, 2008 (Asia Pulse Data Source via COMTEX) -- Government today said it will soon come up with policy interventions, that may include revamping the duty structure, to stimulate demand and revive the industrial confidence hit by global credit crunch.

Fiscal package for small enterprises on cards: minister

25/11/2008

NEW DELHI: The government will provide financial assistance to small and medium enterprises (SMEs) at affordable interest rates to stimulate growth in the sector, a union minister said here Wednesday.