Pakistan textile producers to relocate in Bangladesh

The entrepreneurs of Pakistan plans to relocate their textile manufacturing units to Bangladesh in a bid to reap advantages given to least developed country (LDC) of duty-free markets in European Union. The textile and clothing entrepreneurs blame Pakistan for rising cost of production, power shortage, higher taxes and poor market access to developed countries, former [...]

Bangladesh to withdraw complaints against Pakistan in European Union

Bangladesh is considering withdrawing a complaint on Thursday about a European Union move to grant beneficial import conditions to Pakistan textile producers as an aid measures following floods last year. Bangladesh competes with Pakistan has raised concerns last week about the impact of the European measures, which would make it easier for Pakistan to export [...]

India-Myanmar relationship reaching a new level

India-Myanmar relationship is entering a new era with the visit of Myanmar’s President Thein Sein to New Delhi. The three day visit from Oct 12-15, 2011 of the Myanmar president takes place in a context of some crucial development in the neighboring country that may have an impact on the bilateral relationship. Myanmar is no [...]

Clinton’s Africa vision is out of focus, say critics

On Monday, October 3, 2011, Secretary of State Hillary Rodham Clinton will meet with 40 women entrepreneurs from 36 African nations participating in the 2011 African Women’s Entrepreneurship Program, at the U.S. Department of State. The African Women’s Entrepreneurship Program is a people-to-people exchange that connects women and enhances their ability to be key economic [...]

U.S slams Venezuela for alleged FARC connections

The U.S. Treasury Department slammed four close friends and associates of Venezuelan President Hugo Chavez for allegedly helping Colombia’s Fuerzas Armadas Revolucionarias de Colombia (FARC) Marxist-guerrilla organization in their cocaine-trafficking operations, according to a report obtained by the National Association of Chiefs of Police on Saturday. The four suspects — a Colombian army general, an [...]

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