8 d. ago Venezuela says remains committed to deepening trade agreements with China

Venezuela says remains committed to deepening trade agreements with China  chinadailyasia.com

Politics

1 week ago China says it is still ‘committed’ to ties with Venezuela and energy cooperation

China remained committed to its energy partnership with Venezuela and stressed that the cooperation between the two countries was protected by international law, the foreign ministry in Beijing said on Monday. Following this weekend’s raid that saw President Nicolas Maduro captured and taken to the United States, Chinese foreign ministry spokesman Lin Jian was asked whether the country, the largest customer for Venezuelan oil, would continue the imports. He did not answer directly, but said:...

Science

1 week ago ‘Straddle the middle ground’: Europe’s hard choice over US attacks against Venezuela

Caught in a diplomatic dilemma, European countries have distanced themselves from the United States’ military strikes and forced regime change in Venezuela, while also remaining hesitant to directly criticise Washington’s actions. There was shock around the world over the weekend after US President Donald Trump’s administration launched “Operation Absolute Resolve” to capture Venezuelan president Nicolas Maduro and his wife Cilia Flores and transport them to US territory before holding the...

Events

1 week ago India ‘spreads its bets’ to beat Trump’s 50% tariff as exports rise

When India reached a free-trade agreement with New Zealand in a record time of nine months towards the end of last year, the speedy conclusion signalled New Delhi’s intention to diversify away from the United States – an approach that is only expected to gather pace. Ever since US President Donald Trump imposed import tariffs of 50 per cent on India last year, among the highest levied by Washington, the South Asian nation has maintained a resolute approach to the punitive levies, even as it has...

Politics

2 w. ago Fair or foul? Malaysia struggles to stomach its US trade pact

Janice, a Kuala Lumpur-based food entrepreneur and chef, is in a foul mood as she laments the inferior quality and taste of US-produced chicken and eggs. Yet she concedes that she may have to stomach this unwelcome change in the local poultry market, at least for now. Malaysia is bracing itself for a surge in American poultry shipments under an “agreement on reciprocal trade” signed with Washington in October. The deal opens the Southeast Asian nation to more US exports of food, cars and...

Politics

2 w. ago Fair or fowl? Malaysia struggles to stomach its US trade pact

Janice, a Kuala Lumpur-based food entrepreneur and chef, is in a foul mood as she laments the inferior quality and taste of US-produced chicken and eggs. Yet she concedes that she may have to stomach this unwelcome change in the local poultry market, at least for now. Malaysia is bracing itself for a surge in American poultry shipments under an “agreement on reciprocal trade” signed with Washington in October. The deal opens the Southeast Asian nation to more US exports of food, cars and...

Politics

2 w. ago Australia ‘disappointed’ with China’s 55% beef tariffs, as US$667 million in trade at risk

Australia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion (US$667 million) between the two countries. China announced it would impose additional 55 per cent tariffs on some beef imports from countries including Brazil, Australia and the United States that exceed a certain quantity for the next three years. The country also said it would suspend part of a free-trade agreement...

Economics

3 w. ago PM Mark Carney names financier Mark Wiseman as Canada’s ambassador to the US

Prime Minister Mark Carney announced on Monday that financier Mark Wiseman will serve as Canada’s next ambassador to the United States, an appointment that comes at a critical time in relations between the two major trading partners. Wiseman will assume the role on February 15 and will be involved in negotiations with the United States regarding the review of their free trade agreement. “Mark Wiseman brings immense experience, contacts, and deep commitment at this crucial time of transformation...

Politics

3 w. ago Carney taps financier Wiseman as Canada’s new ambassador to US

Canada’s Prime Minister Mark Carney announced on Monday that financier Mark Wiseman will serve as Canada’s next ambassador to the United States, an appointment that comes at a critical time in relations between the two major trading partners. Wiseman will assume the role on February 15 and will be involved in negotiations with the United States regarding the review of their free trade agreement. “Mark Wiseman brings immense experience, contacts, and deep commitment at this crucial time of...

Politics

3 w. ago Blackpink for Ayumi? Why China may reward South Korea’s soft stance amid Japan tensions

In a bid to overhaul their economic relationship, China and South Korea are reviving long-stalled trade talks, with an eye on moving beyond factory floors to target the lucrative services sector as geopolitical shifts redraw the region’s alliances. The thaw follows a December 12 agreement between Minister of Commerce Wang Wentao and South Korean Minister of Trade, Industry and Energy Kim Jung-kwan to accelerate negotiations on the second phase of their free-trade agreement (FTA). The push aims...

Events

4 w. ago Trump says war with Venezuela remains possible, NBC News reports

US President Donald Trump said he was leaving the possibility of war with Venezuela on the table, according to an interview with NBC News published on Friday. “I don’t rule it out, no,” he told NBC News in a phone interview. Trump also said there would be additional seizures of oil tankers near Venezuelan waters, according to the published interview. On Tuesday, Trump ordered a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, in Washington’s latest move to increase...

Politics

4 w. ago Trump leaves war with Venezuela on the table, threatens more seizures, NBC News reports

US President Donald Trump said he was leaving the possibility of war with Venezuela on the table, according to an interview with NBC News published on Friday. “I don’t rule it out, no,” he told NBC News in a phone interview. Trump also said there would be additional seizures of oil tankers near Venezuelan waters, according to the interview. The US seized a sanctioned oil tanker off the coast of Venezuela last week. “If they’re foolish enough to be sailing along, they’ll be sailing along back...

Events