Global Trade Boost: WTO Strike US$1-Trillion Doha Deal
Ministers from 159 countries have reached agreement on a deal intended to boost global trade at a meeting in Bali, Indonesia. The World Trade Organization's (WTO) first comprehensive agreement involves an effort to simplify the procedures for doing business across borders. According to the WTO the Bali Package is described as the first major agreement among its members since it was formed in 1995 under agreements from the 1986-94 Uruguay Round negotiations. The most significant for global commerce is the trade facilitation part of the package…
Drydocks World and Maritime World Chairman Delivers Key Address
The Chairman of Drydocks World and Maritime World, Khamis Juma Buamim delivered the key address at the Indonesia Investment Summit. The Summit convened by the Investment Coordinating Board of Indonesia - BKPM - in Jakarta in association with The International Herald Tribune on November 6-7, 2012 and hosted by H.E. Susilo Bambang Yudhoyono, the President of the Republic of Indonesia at the Ritz Carlton. The event sought to provide an update on government policy and trading and investment opportunities in Indonesia and global economic transformation. Mr.