TIANJIN | Xinhua | Automated container cranes and driverless transport vehicles are busy unloading and carrying containers at Tianjin Port in Tianjin Municipality, north China. Smart port construction, which incorporates technologies such as 5G, AI, autonomous driving, and cloud computing, has completely transformed Tianjin Port. The port now stands …
Read More »China EximBank increases loans to foreign trade industry
Beijing, China | Xinhua | The Export-Import Bank of China (China EximBank) offered 1.25 trillion yuan (about 178.78 billion U.S. dollars) in loans to the foreign trade industry in the first eight months of 2022, up 26.03 percent year on year. By the end of August, the bank’s outstanding loans to …
Read More »Ruble payments to be used more in Russia’s foreign trade: Kremlin
Moscow, Russia | Xinhua | Ruble payments will be used more in Russia’s foreign trade, Kremlin Spokesman Dmitry Peskov said Sunday. “It is still a prototype system (of payments), but I’m confident that it will spread to new groups of goods as well, and it will play a larger role in …
Read More »Museveni assures Germans of high profitability
President Yoweri Museveni has told German investors at the Hamburg Chamber of Commerce that today’s Uganda offers them a ready market with high profitability ratios un-paralleled anywhere in the world. He described Uganda as a land of abundant opportunities but which is still lacking in capital and the spectrum of …
Read More »Netherlands Minister for Foreign Trade and Development Cooperation visits Uganda.
By Muthoni Karubiu Ms Lilianne Ploumen, the Netherlands Minister for Foreign Trade and Development Corporation, embarked on a short trip to Uganda this week. Ms Ploumen met with several parties interested in a strong Ugandan-Dutch development relationship, including the Ugandan Ministers of Foreign Affairs, Trade, Agriculture, Energy, and Justice. The …
Read More »