Tag: export

Jamaica

Jamaica Slashes Export Fees By 50%

Photo credit: JIS Photographer State Minister for Industry, Commerce, Agriculture, and Fisheries, Hon. Floyd Green, says the 50 percent cut in export-related fees and charges will enable more businesses to tap into the export market and boost Jamaica’s competitiveness internationally. The reduction in the fees came into effect on April 1. It was implemented by the Jamaica Agricultural Commodities Regulatory […]

BUSINESS

China Set To Cut Tariffs On Hundreds Of Products

Chinese authorities have announced a new move to cut tariffs on hundreds of products ranging from frozen pork to high-tech parts next year. This move is an attempt by the government to lower trade barriers to support its economy. In a statement, Chinese authorities said import tariffs on 859 items would be reduced from January 1. China has used high […]

NEWS

China’s Export Down

According to press reports, China’s exports fell in November as shipments to the U.S. slowed sharply, adding to concerns about the effects of the two nations’ trade war. November exports from the world’s second-largest economy fell 1.1% from a year earlier, the fourth straight fall. Exports to the U.S. were down 23%, the worst such result since February, and the […]

Jamaica

Jamaica: Import/Export Regulations For Cannabis Coming Soon

Audley Shaw, the Minister of Industry, Commerce, Agriculture, and Fisheries, announced recently that Jamaicans can expect the import/export regulations for cannabis soon. Mr. Shaw said work is being done on the draft of the regulations by the Cannabis Licensing Authority (CLA) and other agencies of Government. “Through the work of the CLA, we [Government] are now in receipt of the […]

BUSINESS

Chinese Exports Show Increase

Chinese exports move higher in July, beating outlook for a downward slide, as trade tensions with the U.S. continued to raise concerns. Official figures showed exports rose 3.3 percent last month, compared to forecasts for a two percent drop. Imports fell 5.6 percent in July, less than the projected 8.3 percent decline. That said, analysts have argued that China’s economy […]