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Ten years since the African Growth Opportunity Act (Agoa) was established, Kenya has only taken advantage of about 12 out of 6,500 export products. Concerns abound, the country has failed to diversify the range of its exports. Kenya’s exports are...
Norway said Thursday it will lend 50 billion kroner ($7 billion) to the oil-rich nation’s export credit agency Eksportfinans over the next two years to help industries such as shipbuilding through the credit crunch. The loans will run for five years.
Two Louisiana businessmen who plotted to defy a U.S. trade embargo by exporting engineering software to Iran avoided prison Thursday when a federal judge ordered them to serve several months in a halfway house.
A man has pleaded guilty in New York to conspiracy in a case involving the shipment of fighter-jet parts to Malaysia.The plea was entered Thursday in federal court by 59-year-old Jilani Humayun (jil-AH’-nee hoo-mah-YOON’).He pleaded guilty to counts...
The growth of China’s toy exports slowed dramatically in the first quarter, hurt by higher production costs, a stronger currency and safety concerns, a state news agency said Thursday.Toy exports from January through March grew by 3 percent, down from a..
The Supreme Court ruled Tuesday against mining companies hit with an unconstitutional tax on exports, saying they can receive only three years’ worth of refunds.The unanimous decision stemmed from a 1978 excise tax on coal that was in place for two...
