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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2249

Monthly archive

Sri Lanka ratifies the Trade Facilitation Agreement with the World Trade Organization (WTO)

Sri Lanka’s Permanent Representative to the WTO in Geneva Ambassador R.D.S. Kumararatne has presented to Mr. Roberto Azevêdo, Director-General of WTO the Instrument of Acceptance of the Protocol on Trade Facilitation on 31st May 2016.

Sri Lanka ratifies the Trade Facilitation Agreement with the World Trade Organization (WTO)
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For the Dragon, friend or foe make, No difference when money matters

India and China have been talking for over three decades to resolve their border dispute. While the talks have not paved the way for an all-round healthy relations, trade has boomed. It is a one-way street though- China exports and India accepts from quality goods like air conditioners to power equipment and from substandard children toys to equally substandard pen cells which are sold in Delhi’s Nehru Place – a premier computer market in South Asia, for just one Indian rupee. Despite the devaluation in Chinese yuan and fluctuations in rupee value, uptrend in bilateral trade, and commerce has not dimmed, especially with Beijing’s reported decision to participate in the Make in India mission.

For the Dragon, friend or foe make, No difference when money matters
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Korea Hyundai backed firm enters KKS Cement race with huge $450 Mn pitch

In a new breakthrough in the on-going revival saga of historic Kankesanthurai (KKS) cement project, a South Korean conglomerate of global scale said it is vying to clinch the mega Northern project on 24 May. Interestingly, the Korean conglomerate is to enlist yet another gigantic Korean multinational for the required engineering services for the huge KKS project.

Korea Hyundai backed firm enters KKS Cement race with huge $450 Mn pitch
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