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The FEFC (Far Eastern Freight Conference ) began in August 1879 when six shipping lines, five British and one French set up an “Agreement for the Working of the China and Japan Trade, Outwards and Homewards.” In 2008 Shipping Conferences were made illegal, as they were considered to discourage competition and encourage rate fixing. The FEFC was therefore dissolved.
Russia has drafted legislation in response to new U.S. sanctions that would give authorities the power to ban or restrict imports of a number of U.S. goods and services to Russia. Many U.S. agricultural imports to Russia have been banned ...Read More
Tags: exports, imports
China said on it will slap a hefty temporary deposit on imports of sorghum from the USA, after finding that the U.S. grain has damaged the domestic industry. U.S. companies will have to put a 178.6 percent deposit on the ...Read More
Tags: China, exports, imports
A former Barclays corporate banking executive has been appointed Britain’s export chief by Liam Fox’s Department for International Trade. The new position will have the title of Director General for exports. Liam Fox said: “With the IMF predicting that 90 ...Read More
North East businesses have grown their export sales at the quickest rate for more than 11 years, according to the North East England Chamber of Commerce. The figures were published as part of the Chamber’s Quarterly Economic Survey, which showed ...Read More