Trade policy – Rodda And Sons http://www.roddaandsons.com/ Thu, 16 Sep 2021 02:20:57 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.roddaandsons.com/wp-content/uploads/2021/03/cropped-icon-32x32.png Trade policy – Rodda And Sons http://www.roddaandsons.com/ 32 32 China Will Mock Australia’s Nuclear Shift By Saying America’s Lackey – But Beijing Has Only To Blame Itself | Richard mcgregor https://www.roddaandsons.com/china-will-mock-australias-nuclear-shift-by-saying-americas-lackey-but-beijing-has-only-to-blame-itself-richard-mcgregor/ https://www.roddaandsons.com/china-will-mock-australias-nuclear-shift-by-saying-americas-lackey-but-beijing-has-only-to-blame-itself-richard-mcgregor/#respond Thu, 16 Sep 2021 01:38:00 +0000 https://www.roddaandsons.com/china-will-mock-australias-nuclear-shift-by-saying-americas-lackey-but-beijing-has-only-to-blame-itself-richard-mcgregor/ The instinctive reaction of many analysts to the new military rapprochement between the United States, the United Kingdom and Australia has been to ask: How will China react? No surprises there. As defensively thought out as this question is, every foreign policy decision must be calibrated against a response from other parties. But far fewer […]]]>

The instinctive reaction of many analysts to the new military rapprochement between the United States, the United Kingdom and Australia has been to ask: How will China react?

No surprises there. As defensively thought out as this question is, every foreign policy decision must be calibrated against a response from other parties.

But far fewer have focused on what might be a better, albeit more uncomfortable, question.

Over the past decade, China has embarked on one of the fastest peacetime military reinforcements in recent history, focused on the expansion and modernization of the Navy and Army of the air.

China now has a larger naval fleet than the United States, largely concentrated in the seas surrounding it, as Washington’s deployments span the globe. In 2016, China commissioned 18 new vessels; the United States only five.

The enhanced capabilities of the Chinese Air Force are on display more than ever, especially as part of Beijing’s efforts to pressure Taiwan to accept some form of unification.

The nationalist party’s tabloid, The Global Times, reported – given its statue, one might say, reported – this week that Chinese fighter jets will soon begin regular flights over Taiwan and the waters between it and the mainland, although much of that airspace is nominally under Taipei’s control.

China has built massive new islands in the South China Sea and turned them into military bases to highlight its territorial claims there. New silos are being built in western China, presumably to house missiles as part of an expanded nuclear deterrent.

At its border last year, China and India engaged in a military clash, shocking strategists in New Delhi, who still do not understand why Beijing has decided to reverse a long-negotiated separation of forces.

Which brings us back to the kinds of questions that countries in a region currently engaged in a massive arms race should be asking themselves.

Let’s start by turning the question that many Australians have asked themselves upside down: how will China react?

On the contrary, when Beijing launched its own military build-up, Chinese leaders and strategists wondered: How will the United States and its allies like Japan and Australia react?

With Thursday’s announcement in Washington, London and Canberra, the answer to that question is clearer.

In the United States, competition with China has become the key organizing principle for political, military, scientific, and commercial establishments that have been otherwise divided and aimless.

Australia, a close ally of the United States, is also reshaping its military, economic and trade policies based on the overwhelmingly bipartisan belief that Beijing intends to shape the region according to its own strategic views.

The answer is also becoming clearer in Japan, where the battle to succeed Yoshihide Suga as prime minister has been dominated to an unprecedented degree by debates over how to stand up to China.

In the case of Japan, there are two foci: Taiwan, its former colony, with which it maintains deep ties, and the Senkaku / Diaoyu Islands in the East China Sea, which Tokyo controls but which Beijing claims as its own. (The islands are also claimed by Taiwan, but that’s another story.)

The opacity of the Chinese political system means that we have limited insight into similar debates in China. But even without such ideas, Xi Jinping’s leadership is clear and relentless.

Beijing will not compromise on any territorial issue. As Xi has told many visitors in recent years, China will not give up “an inch of land left by our ancestors.”

Some would argue that China’s military build-up is just a response to being surrounded by American allies and bases in the region. In other words, that it is purely defensive.

There is some truth to this. The United States has been the most powerful country in Asia since 1945. For years, China has taken advantage of the stability offered by the United States military to develop its economy.

But there was no way a country of the size and history of China would ever accept a secondary role to the United States in Asia once it was powerful enough to push back.

Beijing won’t like the Australia / UK / US ad and will no doubt laugh at Canberra as Washington’s lackey. It is already doing this with Japan, while rekindling Tokyo’s crimes against China during its invasion and occupation in the 1930s and 1940s.

But Xi’s hard line, along with a political system that generates no disagreements at home and abroad, means that, in the process, Beijing has alienated many of its neighbors in the region.

So it’s no surprise that democracies like Australia and Japan are looking for options to deal with China’s rise to power. In different ways, South Korea and many countries in Southeast Asia are too. The United States is indispensable in all of their calculations.

Australia stands out as a country that has been willing to push back, often awkwardly, against China, and it has paid the price. This price could increase in the years to come.

But it is also increasingly clear that Beijing will have to fight many battles and punish many dissidents, on the way to achieving what Xi kindly calls “the Chinese dream.”

As if anyone needs a reminder, Thursday’s decision makes the fault lines even clearer.

Richard McGregor is Principal Investigator at the Lowy Institute


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Digital infrastructure is the key to stimulating the development … https://www.roddaandsons.com/digital-infrastructure-is-the-key-to-stimulating-the-development/ https://www.roddaandsons.com/digital-infrastructure-is-the-key-to-stimulating-the-development/#respond Sat, 11 Sep 2021 14:27:31 +0000 https://www.roddaandsons.com/digital-infrastructure-is-the-key-to-stimulating-the-development/ (MENAFN – Mid-East.Info C) airo, Egypt: Building a comprehensive digital infrastructure is imperative to realize Africa’s enormous economic potential, says senior advisor at the International Trade Center – the joint agency of the World Trade Organization (WTO) and the United Nations. “Making e-commerce a success on the African continent is a challenge. Only about 11% […]]]>

(MENAFN – Mid-East.Info C) airo, Egypt: Building a comprehensive digital infrastructure is imperative to realize Africa’s enormous economic potential, says senior advisor at the International Trade Center – the joint agency of the World Trade Organization (WTO) and the United Nations.

“Making e-commerce a success on the African continent is a challenge. Only about 11% of platforms in Africa accept electronic payments, and others process cash, ”said James Howe, Senior Advisor at the International Trade Center, at the first Egypt-International Cooperation Forum (Egypt- ICF) in Cairo, launched by the country’s Ministry of International Cooperation.

Howe added that through trust, the continent’s digital development will be accelerated. “The biggest challenge is trust – a scarce commodity. It is important to develop confidence to solve the problems on the continent, and this will help facilitate an environment for e-commerce in Africa, ”he explained at a workshop titled“ African Continental Free Trade Area (AfCFTA): Prospects and Challenges of Digital Trade for the Private Sector ‘at the start of the second day of Egypt-CIF.

During the workshop, HE Dr. Rania A. Al-Mashat, Egyptian Minister for International Cooperation, underlined the vital role of international cooperation in Africa: “the political will is present; the need at the moment is to improve infrastructure and engagement at national, regional and international levels.

“While the development of roads and digital infrastructure cannot be overlooked, it is also important that we focus our energies on SME development and youth development in Africa while accelerating trade by boosting trade finance and infrastructure across the continent, ”she said.

The workshop explored the central role that the African Continental Free Trade Area (AfCFTA) can play in enhancing the private sector by participating in digital trade. In addition, he discussed how regulators and private sector partners plan to tackle data exchange, including across borders, amplifying concerns about use and use. data abuse, privacy protection, digital security, intellectual property protection, regulatory scope, competition policy and industrial policy. .

In his address, Ing. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC), highlighted the role of partnerships in Africa’s growth. “We must mobilize all resources – financial and human – to achieve our overall goals for the continent. At the same time, we need to see innovation and the use of digital tools to help farmers improve their yield. “

“We are working closely with the Egyptian government to effect all trade transfers using modern technology. Egypt has made exceptional efforts to accelerate digital transformation, ”added Sonbol.

Emphasizing the need for a competitive landscape, Hon Ebrahim Patel, South African Minister for Trade, Industry and Competition, said: “It is essential that the competitiveness and dynamism of our markets are improved so that we can attract foreign investment to our economies. . Bold and ambitious steps must be taken, and digital technologies will open up new avenues to boost the African economy. “

Elaborating on the need for digital commerce, the Hon. Dr Zainab Shamsuna Ahmed, Minister of Finance, Budget and National Planning of Nigeria, said: “AfCFTA presents the best opportunity for Africa to benefit from e-commerce and digital commerce. We have seen the benefits of the booming digital economy in Nigeria.

Ahmed added that there is a huge opportunity to boost trade through e-commerce and digital channels – not only in Nigeria but in the intra-African region. He explained that the country is working in partnership with different banks and agencies to develop the local agricultural value chain, which has significant regional potential.

The AfCFTA is the largest free trade agreement in the world, encompassing 54 African countries with a market of $ 3.4 trillion and a population of 1.3 billion. The AfCFTA is a platform for consolidating e-commerce rules and regulations across the continent, and its ultimate goal is to establish Africa’s own integrated digital marketplace. The World Bank estimates that the deal – together with necessary reforms – has the potential to lift 30 million people out of poverty.

Dr. Sidi Ould Tah, Managing Director of the Arab Bank for Economic Development in Africa (BADEA), said: “Micro, small and medium enterprises (MSMEs) need the support of all stakeholders – and they are the one of the four main pillars of BADEA’s strategy. Our vision is holistic and we believe that all stakeholders should work hand in hand for overall development. “

Steve Lutes, Vice President of Middle Eastern Affairs at the United States Chamber of Commerce, also provided an overview of the Chamber’s efforts to support commerce on the African continent.

“We are fully committed to creating opportunities for economic reform and standing up for Africa. With digital transformation accelerating, it’s time to engage African governments on digital policies and build on cross-border trade.

Jamie MacLeod, trade policy researcher at the Africa Trade Policy Center (ATPC) of the United Nations Economic Commission for Africa (ECA), said the African continent has a lot of potential that has yet to be unlocked. . “As digital transformation has accelerated in parts of Africa, especially during the pandemic, he also laid out the building blocks in other parts,” adding that adoption of innovation would generate both value and investment.

Aymen Kasem, Division Manager – Trade Development at the International Islamic Trade Finance Corporation (ITFC), said: “AfCFTA is a game-changer for Africa. The continent’s digital trade is a challenge that must be addressed in an integrated manner.

Dr Ahmad Mukhtar, Senior Economist at the Food and Agriculture Organization of the United Nations (FAO) Regional Office for the Near East and North Africa, said: “While all calls for digital platforms are good, it is essential to have an infrastructure – from Cairo to Cape Town.

The harmonization and complementarity of ambitions across the continent will support the acceleration of its development.

In summary, Ahmed Rezk, from the United Nations Industrial Development Organization (UNIDO) regional office in Egypt, said: “Having the right mix of policies is essential to foster the use of technology, skills development and the strengthening of future industrial skills – including advanced technology – to create a win-win situation for everyone in Africa.

About the Egypt Forum – International Cooperation :

Egypt – International Cooperation Forum (Egypt – ICF) is a two-day global event that brings together the international community to foster a sustainable recovery through multilateralism.

Organized by the Egyptian Ministry of International Cooperation, the Forum is being held in Cairo, Egypt, September 8-9, 2021 in a hybrid format – allowing for both physical and virtual participation.

Egypt – ICF provides a unique global platform in the Middle East and North Africa (MENA) region, to bring together international policymakers, multilateral and bilateral development partners, private sector stakeholders , civil society and think tanks to collaboratively revive international cooperation through economic diplomacy in the post-pandemic era.

The Forum aims to foster collective international engagement to accelerate the transition to a green and inclusive global recovery, catalyze social mobility in Africa and tackle climate change.

Egypt – ICF is co-organized with leading international development institutions including: United Nations, World Bank Group, Organization for Economic Co-operation and Development (OECD), African Development Bank (AfDB) and the European Bank for Reconstruction and Development (EBRD).

MENAFN11092021005446012082ID1102777749


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How the NYPD is using post-9/11 tools on everyday New Yorkers https://www.roddaandsons.com/how-the-nypd-is-using-post-9-11-tools-on-everyday-new-yorkers/ https://www.roddaandsons.com/how-the-nypd-is-using-post-9-11-tools-on-everyday-new-yorkers/#respond Wed, 08 Sep 2021 21:41:14 +0000 https://www.roddaandsons.com/how-the-nypd-is-using-post-9-11-tools-on-everyday-new-yorkers/ But Mr. Ingram, an organizer and activist, was not a terrorist suspect. Officers were looking for him in connection with his participation in a protest, where they said he spoke through a megaphone near a patroller’s ear, causing him temporary hearing loss. He would later be charged with assaulting a police officer – a case […]]]>

But Mr. Ingram, an organizer and activist, was not a terrorist suspect. Officers were looking for him in connection with his participation in a protest, where they said he spoke through a megaphone near a patroller’s ear, causing him temporary hearing loss. He would later be charged with assaulting a police officer – a case that was later dismissed.

The intensity of the police operation was shocking, Mr. Ingram said.

“It was a little silly. I felt like it was a waste of taxpayer money and funds,” Mr. Ingram said. “We created a monster that has kind of always existed. in America, but we have given this monster – because of 9/11, because of other terrorist attacks and other things that have happened – unquestionable and unchecked power. “

Safeguards intended to limit the ability of the police to monitor political activity have been suspended. Thousands of additional cameras and license plate readers have been installed around Manhattan, as part of Lower and Midtown Manhattan safety initiatives.

It was only recently – due to a law passed by city council last summer, to the dismay of police officials – that the extent of the police department’s surveillance net began to become clear. . The law, known as the POST law, requires the ministry to provide a public account of its post-9/11 technology arsenal.

Police officials have been reluctant to fully comply with transparency requirements and have historically kept these expenditures a secret, even from the city’s own comptroller. But according to figures maintained by the city’s independent budget office, the police department’s spending on intelligence and counterterrorism nearly quadrupled between 2006 and 2021, reaching $ 349 million from $ 83 million in 2006, the first year for which the office keeps data.

For a department that was managing entire homes on a single computer at the time of the attacks, the expansion has been staggering, said Raymond W. Kelly, whose second term as commissioner of the New York Police Department began a few months ago. only after the attacks. Mr. Kelly made a frantic and swift effort to bring the ministry up to speed.


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Macron calls for European trade agreements to support climate policy https://www.roddaandsons.com/macron-calls-for-european-trade-agreements-to-support-climate-policy/ https://www.roddaandsons.com/macron-calls-for-european-trade-agreements-to-support-climate-policy/#respond Sat, 04 Sep 2021 17:22:29 +0000 https://www.roddaandsons.com/macron-calls-for-european-trade-agreements-to-support-climate-policy/ Marseille (France), Sept 3 (EFE) .- French President Emmanuel Macron insisted on Friday on his country’s rejection of the association agreement between the European Union (EU) and Mercosur and urged the bloc European Union to make its future trade agreements compatible with your environmental objectives. “The way this agreement was designed is not compatible with […]]]>

Marseille (France), Sept 3 (EFE) .- French President Emmanuel Macron insisted on Friday on his country’s rejection of the association agreement between the European Union (EU) and Mercosur and urged the bloc European Union to make its future trade agreements compatible with your environmental objectives.

“The way this agreement was designed is not compatible with our climate agenda,” Macron said during his speech at the opening of the Congress of the International Union for the Conservation of Nature (IUCN).

The French leader, in the presence of certain European leaders also present, asked to give them “a certain coherence” so that the European Union’s trade partners strengthen their protection of the environment.

“France has synchronized its” trade and environmental priorities and at EU level “we must give ourselves a certain consistency”, he stressed.

In this sense, he insisted that the trade agreements negotiated by the EU in the future “reflect” its environmental ambitions with clauses on the fight against climate change and the defense of biodiversity.

The EU-Mercosur agreement was closed in 2019 after twenty years of intermittent negotiations, but several European countries, in particular France and Austria, reject its ratification because they believe that the text does not sufficiently defend the environment.

Concretely, France believes that there should be more negotiations with Mercosur (Brazil, Argentina, Uruguay and Paraguay) to guarantee three points: stop deforestation, respect the Paris Agreements on the climate and that products imported from these countries comply with European health and environmental standards. standards.

(c) EFE Agency

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The trade deficit between the United States and China continues to grow, but does it matter? – BRINK – Conversations and information on world trade https://www.roddaandsons.com/the-trade-deficit-between-the-united-states-and-china-continues-to-grow-but-does-it-matter-brink-conversations-and-information-on-world-trade/ https://www.roddaandsons.com/the-trade-deficit-between-the-united-states-and-china-continues-to-grow-but-does-it-matter-brink-conversations-and-information-on-world-trade/#respond Wed, 01 Sep 2021 22:02:49 +0000 https://www.roddaandsons.com/the-trade-deficit-between-the-united-states-and-china-continues-to-grow-but-does-it-matter-brink-conversations-and-information-on-world-trade/ Workers prepare packages for delivery to a warehouse in Beijing, China. The first half of this year compared to the first half of 2019 shows that although tariffs have increased, US imports from China have actually increased. Photo: Kevin Frayer / Getty Images The United States’ trade deficit with China has grown 20% over the […]]]>

The United States’ trade deficit with China has grown 20% over the past 12 months, despite tariffs imposed by successive administrations. Is this a cause for concern?

Derek Scissors, an expert on Chinese economics at American Institute of Business, told BRINK that its meaning is often misunderstood.

SCISSORS: There is a widespread belief that the $ 300 billion deficit in goods with China means a loss of jobs in the United States. But there is simply no proof of this.

In fact, the evidence actually goes the other way.

The economy drives trade, not the other way around in the United States

When the US economy grows rapidly, we import more, our deficit grows, and we have more jobs. This evidence is fairly consistent. The US economy is the engine of our trade results. For everyone else, even to some extent China – the world’s second largest economy – trade performance drives their economy. But as far as the United States is concerned, the causation goes the other way. One of the reasons is the size.

But it is also due to the fact that the dollar is the reserve currency. So when we run a deficit, we run a deficit of things we can print, and we print in response to higher economic activity.

EDGE: Yet it is clear that these numbers are causing a strong reaction from the political class, leading to the mentality that we need to impose tariffs to balance this deficit. What effect have all these tariffs had on deficits and on trade relations?

SCISSORS: We didn’t have a lot of time to assess their impact as the first tariff arrived in the middle of 2018, and it was very small and didn’t really mean anything. More tariffs were imposed during 2019 – and these seemed to be having an impact. But then the pandemic erupted, and it had a much deeper impact on US trade with China and US demand than tariffs did.

Tariffs have little effect

The first half of this year compared to the first half of 2019 shows that although tariffs have increased, US imports from China have actually increased. People might say it’s because of previously depressed demand, it’s temporary. But it doesn’t seem like the tariffs have had much of an effect.

EDGE: The business community in the United States is constantly asking China to moderate its behavior and reduce its subsidies to state-owned enterprises, etc. Did that turn out to have had a lot of effect?

Instead of tariffs, the United States should focus on separating technology and intellectual property from China first for a variety of reasons.

SCISSORS: Neither on American policy nor on Chinese policy. I don’t think anyone with experience with China under Xi Jinping thinks a significant change is coming. The things China wants to do without being coerced are to prevent access to its market while freely exporting to other markets – privileged state-owned enterprises, subsidizing Chinese enterprises in what they see as industries. strategic, etc. We have made very little progress in changing all of this, regardless of US threats.

Business wants the United States to talk to China about making these changes, but not threatening them. I don’t think this is an honest approach. The business community is ready to accept harmful Chinese actions in an effort to maintain important economic relations between the United States and China. When Xi Jinping first replaced Hu Jintao, the business community at the time was pushing for change – it was reasonable. Who knew then what Xi Jinping was going to do? But now they know full well that the Chinese will not change their policy.

China profits from foreign currencies

EDGE: You argue that the deficit has a big impact because of its impact on foreign exchange reserves. Why is this important?

SCISSORS: What we do with the deficit is give away Chinese dollars in exchange for goods. But there is an advantage for the United States: we get the goods. We don’t need to buy Chinese products, and yet we do – and they get dollars. There are other ways to acquire property. We could make them here, but it would be more expensive. We could import them from other countries, but we prefer to buy Chinese products.

The key point is that the dollar is the world’s reserve currency. You can use it for anything. You can use the euro for a lot of things. You cannot use the renminbi for everything because the Chinese place restrictions on the use of the renminbi, which makes it much less attractive for people to take the renminbi as payment. So the United States gives China the most valuable currency and stores it.

They have by far the largest foreign exchange reserves in the world. In any case, they exceed $ 4 trillion. If you look at the relationship between the United States and China, we’ve given them $ 4.6 trillion over the past 20 years. Without these reserves their balance of payments becomes destabilized and they are forced to make reforms, including some of the reforms that we want them to make.

What we do by paying for their imports is that we allow them not to change their system and not to make certain reforms that we want. We also give them foreign currency to do things like create the Belt and Road Initiative abroad, which US policymakers fear will give China influence in the Belt and Road countries and. the road. We fund that – the Belt and Road exist because of us. We are giving the Chinese a reserve of dollars to engage in their global activities, many of which we don’t like.

Instead, focus on intellectual property

EDGE: What effect does this storage of foreign reserves have on the US economy?

SCISSORS: There is an indirect effect, mainly related to competition from third parties. With dollars, the Chinese can subsidize their overseas activities in dollars. Chinese companies can compete with American companies, both in third markets, and if they are producing in a third country to export to the United States, they could compete with American companies here.

There’s what economists call a second-order negative effect on US competitiveness: We help fund Chinese economic activities outside of China in dollars.

Instead of tariffs, I would focus on technological separation first for various reasons. We allow Chinese theft of US intellectual property, and we do nothing about it. At least in the public domain, the Chinese have stolen hundreds of billions of dollars in American intellectual property over time. China is becoming more competitive because it has taken American innovation without paying the price. The United States should therefore start by separating technology and intellectual property from China.


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What Gardner Minshew’s trade means to the Philadelphia Eagles and its impact on Jalen Hurts – Philadelphia Eagles blog https://www.roddaandsons.com/what-gardner-minshews-trade-means-to-the-philadelphia-eagles-and-its-impact-on-jalen-hurts-philadelphia-eagles-blog/ https://www.roddaandsons.com/what-gardner-minshews-trade-means-to-the-philadelphia-eagles-and-its-impact-on-jalen-hurts-philadelphia-eagles-blog/#respond Sat, 28 Aug 2021 16:44:44 +0000 https://www.roddaandsons.com/what-gardner-minshews-trade-means-to-the-philadelphia-eagles-and-its-impact-on-jalen-hurts-philadelphia-eagles-blog/ PHILADELPHIA – The Eagles changed the look of their quarterback by acquiring Gardner Minshew II from the Jacksonville Jaguars for a conditional sixth round pick on Saturday – and we’re not just talking about the mustache. Does the Eagles decision reflect some sort of statement about sophomore quarterback Jalen Hurts, who was the scheduled Week […]]]>

PHILADELPHIA – The Eagles changed the look of their quarterback by acquiring Gardner Minshew II from the Jacksonville Jaguars for a conditional sixth round pick on Saturday – and we’re not just talking about the mustache.

Does the Eagles decision reflect some sort of statement about sophomore quarterback Jalen Hurts, who was the scheduled Week 1 starter when the Eagles play against the Atlanta Falcons on September 12? And where does Minshew sit on the depth chart? Let’s take a closer look at what trading means:

Why did the Eagles make the trade?

Philadelphia is notorious for investing resources in the quarterback position, even when the top of the Eagles depth chart looks set. It worked really well in 2017 when substitute Nick Foles helped win the city’s first Super Bowl title, and not so much when the Hurts’ selection in the second round of the 2020 NFL Draft put more strain on them. relationship between Carson Wentz and the organization.

Minshew’s move is low risk. The compensation – a sixth-round pick that could advance to a fifth round if Minshew is involved in 50% of the games in three games this season, sources told ESPN’s Adam Schefter – concerns what the Eagles would spend on a development. strategist. Instead, they get a quarterback with 20 NFL starts that can play in a pinch if called up, which is especially valuable in a COVID-19 world in which players can be put out. deviation with little notice.

Minshew has two more years on his rookie contract and is expected to earn a reasonable $ 850,000 this season.

Former San Francisco 49ers signalman Nick Mullens, who was released on Saturday, hasn’t had a strong enough preseason to make Philadelphia feel comfortable relying on him. So it happened with a more proven player at Minshew, who made 63% of his throws with 37 touchdowns for 11 interceptions in two seasons.

Does this movement have something to do with Hurts?

Yes and no.

It’s not a reflection on how he played this summer. Hurts took the reins both as an attacking facilitator and a team leader, just as the Eagles had hoped. He showed steady progress as training camp unfolded and cemented his place as a starting quarterback.

But Hurts, 23, has four career starts under his belt. Although he has instilled hope in his teammates that he can be very effective at the professional level, he still has to play on the pitch.

The Eagles now have two experienced quarterbacks behind him, Flacco, 36, who has 175 league starts, and Minshew, 25. Both players will serve as a double insurance policy if Hurts gets injured or weakens.

So where does Minshew land on the Eagles depth map?

He comes in as the No.3 quarterback behind Hurts and Flacco.

Could this change?

Of course, Eagles coach Nick Sirianni emphasizes competition, and they don’t want to put a cap on him, but that’s the pecking order they’re looking at right now. Flacco has been strong this summer. Minshew’s trade doesn’t appear to be the answer to performance issues for the 14-year-old veteran.

Let’s talk about commercial risk. What does it look like for Philly?

The biggest concern is how Minshew’s presence will play out with Hurts and Flacco. The chemistry between quarterbacks has looked pretty good this preseason. There’s a chance the addition of Minshew could disrupt this.

One of the big lessons learned from the Eagles’ 2020 season is that QB1’s comfort needs to be heavily considered when building the hall. Communication is the key and there has to be a well established hierarchy. Adding Minshew is only positive if Hurts and Flacco are not negatively affected by it.

From what we know of Hurts at this point, he is not easily shaken and is good at not allowing outside forces to impact his state of mind or process. It would probably take more than adding Minshew as a third string to knock him out of his game.


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Oz studies plant roots for nine crops https://www.roddaandsons.com/oz-studies-plant-roots-for-nine-crops/ https://www.roddaandsons.com/oz-studies-plant-roots-for-nine-crops/#respond Wed, 25 Aug 2021 14:09:27 +0000 https://www.roddaandsons.com/oz-studies-plant-roots-for-nine-crops/ Avocados are one of the agricultural products identified in the report as a high value added crop with strong export potential to China, the EU, ASEAN, Australia and New Zealand. FRESH NEWS The Cambodia-Australia Agricultural Value Chain Program (Cavac) released a study on August 25 identifying nine high-value-added crops with high export potential in China, […]]]>

Avocados are one of the agricultural products identified in the report as a high value added crop with strong export potential to China, the EU, ASEAN, Australia and New Zealand. FRESH NEWS

The Cambodia-Australia Agricultural Value Chain Program (Cavac) released a study on August 25 identifying nine high-value-added crops with high export potential in China, the EU, ASEAN, Australia and in New Zealand.

Agricultural products highlighted in Cavac’s “Cambodian Crop Market with Promising Outlook” report are avocados, chili peppers, sesame seeds, sweet potatoes, longans, mangoes, cashews, sugar palm and dried banana chips.

It is well recognized that Cambodia is generally not able to compete with its neighbors on the basis of volume and economies of scale, so the Kingdom must have a keen sense of the market niches in which it can thrive. .

While efforts to increase productivity are important, perhaps a strategic way for Cambodia to increase its agricultural exports is to identify products that are in high demand in the market or offer more value.

This is illustrated in the study, commissioned by the Australian government funded Cavac.

The research deepens data such as the size and growth potential of the global market, consumer preferences for varieties, sanitary and phytosanitary measures and other non-tariff barriers to trade, product use (fresh or processed ), main competitors and potential opportunities. The challenges of exporting these crops are also explored.

Australian Ambassador to Cambodia Pablo Kang is a long-time partner in agricultural development, providing assistance to increase the Kingdom’s production capacity, improve agricultural practices, and advance research and development.

The Australian mission is focused on agriculture, recognizing the huge unlocked potential and the value that modernization and improved productivity of the sector creates for Cambodia, according to Kang.

Given the Kingdom’s limited ability to compete with neighboring countries, Cavac is focused on finding new ways to add value to agriculture, engaging with the private sector to introduce new crops and technologies. modern in order to produce high-quality, high-value products, he said.

“We are also working with the Royal Government of Cambodia to encourage new investments in the agricultural sector,” Kang added.

Making the closing remarks at the report launch event, Commerce Minister Pan Sorasak expressed hope that the study would encourage relevant stakeholders to explore the development of new products for sale in Chinese markets, from the EU, ASEAN, Australian and New Zealand, or anywhere else. with a sufficiently large demand.

He highlighted trade relations, agricultural and national development, and poverty reduction – during and after the Covid era – as key topics to consider when interpreting the study results.

The study noted that poor market information, to a large extent, causes some Cambodian agricultural exporters to focus on less demanded crops, poor farming techniques, a lack of capital for warehousing, and a capacity for storage. limited processing which restricts export options to unprocessed products.

The absence of an internationally recognized national institution capable of certifying good agricultural practices (GAP) and food safety remains a major obstacle, limiting the export of these nine products to many international markets, especially European ones.

Aiming to address the challenges facing the industry, the study provides recommendations to government, the private sector and development partners on what they can do to promote and develop exports, with an emphasis on crop competitiveness, market relevance and market access for the nine crops.

Regarding foreign direct investment (FDI), the study highlights the need for Cambodia to create a specialized investment unit to advise potential investors on the potentially lucrative opportunities offered by agriculture, in particular the nine high-value crops. added.

The study offers an overview of the intricacies, designed for agricultural policymakers to use to make strategic and informed choices to boost exports of the nine crops and increase Cambodia’s strategic ability to compete. more effectively its economic rivals.

Other applications include trade policy and facilitation, quality standards, and investment promotion.

In collaboration with the Ministry of Commerce, Cavac plans to organize a forum on “Promotion of commercial information on promising crops of Cambodia”.


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What it will take to achieve $ 400 billion in merchandise exports https://www.roddaandsons.com/what-it-will-take-to-achieve-400-billion-in-merchandise-exports/ https://www.roddaandsons.com/what-it-will-take-to-achieve-400-billion-in-merchandise-exports/#respond Mon, 23 Aug 2021 17:51:56 +0000 https://www.roddaandsons.com/what-it-will-take-to-achieve-400-billion-in-merchandise-exports/ We are targeting $ 450 billion in merchandise exports in a few years. It was a statement by the Indian Minister of Trade and Industry. added. In addition to pursuing free trade agreements, the minister mentioned that tax and trade reforms are also needed, as well as lower transaction costs. The Commerce Secretary also assured […]]]>

We are targeting $ 450 billion in merchandise exports in a few years. It was a statement by the Indian Minister of Trade and Industry. added. In addition to pursuing free trade agreements, the minister mentioned that tax and trade reforms are also needed, as well as lower transaction costs. The Commerce Secretary also assured us that the current year’s exports, growing between 25-30%, were ahead of the target, and saw no reason why India could not meet a target. daring $ 450 billion in just a few years. A strategic document to double exports in three years had been prepared by his ministry.

Do these statements sound familiar to you? They are very similar to current conversations about India’s trade policy and ambitions. But alas, these statements date from 10 years ago. Therefore, you can be excused if you cannot shake off a feeling of déjà vu. In 2010-11, India’s merchandise export growth rate was 37.5%, and there was huge optimism about exports. Reaching $ 450 billion was near. India’s export-to-gross domestic product (GDP) ratio, at just 17%, was considered too low compared to its Asian counterparts like Thailand at 66%, or even South Africa at 27%.

Ten years later, we are once again focusing on exports as a major engine of growth. This is timely because the global economy, led by two of its largest economies, the United States and China, is literally booming. These two economies represent almost 40% of global GDP and will experience an average growth of 5% over the next two years. This is equivalent to the growth of the Indian economy of 50%, being about a tenth of its size. The boom in international trade is manifested in high commodity prices, skyrocketing transportation costs, shortages of containers and ships, and overflowing order books. Certainly, this is an opportunity for India, and even if it managed to increase its share of the world’s manufactured exports from 1.5% to 3%, it would have doubled its exports. As such, the export execution rate in the first three months of this fiscal year indicates that a target of $ 400 billion is achievable. This goal was underlined by the Prime Minister himself in a speech to diplomatic missions abroad. Obviously, economic diplomacy will also be intensely used to further the cause of boosting exports. After five lackluster years of cumulative zero growth, the outlook is bright for excellent export performance over the next two years, for both manufactures and services. This is mainly due to strong economic growth in the developed world, which in turn is fueled by vaccine optimism and fiscal stimulus measures. This growth boom has a strong base effect, but it is likely to continue for a few years. The plan to double India’s exports in three years was drafted in detail 10 years ago. It just needs to be dusted off and reread. And maybe updated to incorporate new opportunities. For example, India’s special economic zones policy needs a reboot. The key success factor is implementation.

As we embark on an ambitious but achievable goal, here are seven important considerations. The first is the importance of free trade agreements (FTAs). Our biggest trading partner (including services) is the United States, with which we do not have a FTA. Obviously, an FTA is not a prerequisite for our export engine to continue to run. In fact, almost three quarters of India’s exports fall outside the scope of FTAs. So while we aggressively pursue trade and investment treaties with the EU, Australia, Canada and the United States, this effort should not hamper export growth. Second, almost 80% of our exports come from just 21 chapters of the Harmonized System (HS) of commodity classification codes. The remaining 78 HS chapters are underutilized. Of these, 24 chapters contribute between $ 1 billion and $ 4 billion and require special attention to double exports. Third, we must ensure that initiatives like Atmanirbhar Bharat (self-reliance) or production-linked incentives (PLI) do not become a cover for protectionism. Import substitution as a strategy is only acceptable if carried out with low tariff protection and subject to the same quality criteria. Fourth, export incentives must be generous enough to negate the effect of domestic taxation, in accordance with the maxim that “you cannot export taxes”. Fifth, the adoption of global value chains means that our exports will have significant import content. import barriers should be low. The downside is that exporters get reimbursed for their import duties or they can take the route of prior licenses. But every minute detail of this kind is an invitation to delays, red tape and cumbersome processes, even corruption. . Why not just keep tariffs low and let exporters focus on improving their competitiveness? The sixth aspect is the exchange rate of the rupee. Even the Indian Reserve Bank has said the currency is overvalued and the huge influx of dollars into the capital account is not helping. For exports, a slight bias towards an undervalued currency is preferable. India has a current account deficit, so it should not be afraid of being labeled a “currency manipulator”. And Seven This is plug-and-play access to global markets for small businesses. The ubiquitous global e-commerce players should be the channel for this, where a buyer in remote Alaska can click on an item to ship from Coimbatore. Are all of our systems designed to make this happen? Or will administrative, fiscal, foreign exchange and customs formalities overcome this potential. This is the litmus test.

Ajit Ranade is Chief Economist at Aditya Birla Group.

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Freer trade | Indian express https://www.roddaandsons.com/freer-trade-indian-express/ https://www.roddaandsons.com/freer-trade-indian-express/#respond Sun, 22 Aug 2021 22:46:24 +0000 https://www.roddaandsons.com/freer-trade-indian-express/ After raising questions about the benefits India is getting from the Free Trade Agreements (FTAs) it has signed and choosing to withdraw from the Comprehensive Regional Economic Partnership (RCEP) trade agreement, the Minister of Union Trade has suggested in its recent comments that the government reorient its foreign trade policy. Speaking to the export promotion […]]]>

After raising questions about the benefits India is getting from the Free Trade Agreements (FTAs) it has signed and choosing to withdraw from the Comprehensive Regional Economic Partnership (RCEP) trade agreement, the Minister of Union Trade has suggested in its recent comments that the government reorient its foreign trade policy. Speaking to the export promotion boards on Thursday, Piyush Goyal announced that the government was working on “early harvest” agreements – precursors to free trade agreements (FTAs) in which tariff barriers are lowered on a limited set of goods – with Australia and the United Kingdom. While a trade deal with the United States is unlikely to materialize in the short term, there is “positive momentum” for signing trade deals with the EU and GCC countries. Gulf), said the minister. The successful completion of these agreements would indicate an adoption of freer trade and an abandonment of the protectionist impulses that seem to have guided recent government policies.

The series of tariff increases since 2014 have marked a sharp reversal of the decades-long policy of lowering tariff barriers. Coupled with Atmanirbharta’s advocacy, this seemed to suggest that the country was turning its back on the huge benefits flowing from free trade. In this context, the Minister’s comments that India must also open up its markets and be able to compete are indeed welcome. After all, raising tariffs to protect domestic industry only opens up the space for lobbying for additional protection, leading to ineffective results.

Given the current economic environment, a reassessment of trade policy is required. As private consumption and investment are expected to remain low, and the government’s ability to support the economy during this period is limited, exports can be an important engine of growth, especially when global growth is sluggish. the rise. India is already benefiting from this recovery in world trade. The country’s overall exports (goods and services) in the first four months of the current fiscal year amounted to $ 204.97 billion, up 47.87% from the same period last year and 15.35% compared to the previous year. You have to move quickly to seize this opportunity. The government recently announced the rates under its Export Duty and Tax Remission (RoDTEP) to reimburse exporters for duties paid throughout the supply chain, making exports zero-rated. While some have expressed disappointment with both the rates and the exclusion of certain sectors, the broader policy direction should be to integrate into global value chains, to boost export competitiveness.


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Gujranwala to acquire a leading position in engineering export: Razak Dawood https://www.roddaandsons.com/gujranwala-to-acquire-a-leading-position-in-engineering-export-razak-dawood/ https://www.roddaandsons.com/gujranwala-to-acquire-a-leading-position-in-engineering-export-razak-dawood/#respond Sun, 22 Aug 2021 14:04:51 +0000 https://www.roddaandsons.com/gujranwala-to-acquire-a-leading-position-in-engineering-export-razak-dawood/ ISLAMABAD, Aug 22 (APP): Prime Minister’s Trade and Investment Advisor Abdul Razak Dawood on Sunday, Gujranwala industries could gain a prominent position in the export of engineered products in the years to come by increasing productive production. Gujranwala already has an engineered product manufacturing base and the government is ready to provide all possible facilities […]]]>

ISLAMABAD, Aug 22 (APP): Prime Minister’s Trade and Investment Advisor Abdul Razak Dawood on Sunday, Gujranwala industries could gain a prominent position in the export of engineered products in the years to come by increasing productive production.

Gujranwala already has an engineered product manufacturing base and the government is ready to provide all possible facilities for further innovations and improvements, he said.

The adviser said this during his meeting with the chairman of the Gujranwala Chamber of Commerce and Industry (GCCI), Umar Ashraf Mughal, as well as other business leaders.

Razak Dawood said the government is keen to introduce its non-traditional products, especially engineered products, to the international market, which has great potential to increase Pakistan’s exports.

“The government is looking for new markets, especially in the African market, where we need to increase exports of light engineering products,” he said.

He hoped that by the end of the current government’s fiscal year 2022, the country’s exports would reach $ 40 billion following the policy of trade diversification in potential trade sectors and markets.

The adviser said that diversifying exports, focusing on non-traditional sectors and increasing exports to new markets, including the African market, would not only increase the volume of the country’s exports, but would also help to reach them. export targets.

“Make in Pakistan” is the government’s priority trade policy, which aims to introduce Pakistan’s traditional and non-traditional export sectors and local products to the international trade market, he said.

He said Pakistan is now keen to make a name for itself in the world in non-traditional sectors including engineering and pharmaceuticals.

“Geographical diversification of trade and the search for new markets will further increase our exports,” he said.

Razak Dawood said that “we have decided to move towards import substitution, which will increase our exports and create more industries in the country.

He said Pakistan is heading for rapid development through correct and sound trade and economic policies.

Engineering and steel products have huge potential to become Pakistan’s biggest exports, like other most important sectors, including textiles, he said.

“We need economic sustainability for at least the next 10 to 15 years to become a major export hub on a global scale,” said Razak.

As soon as the situation in Afghanistan clears up, “we will be able to export many Pakistani products to Tajikistan, Uzbekistan and other Central Asian states.” he said.

Razak Dawood said that in order to increase the country’s exports, the government has entered into various trade agreements with various countries.

The government was trying to increase the country’s exports, while reducing imports, he said.

He said the government was aware of the problems in the steel industry.
The advisor said, “I wish there was no difference between the tariffs of industrial and commercial importers and the import of raw materials.

He said Gujranwala has good potential in the industry, especially cutlery projects, so the focus should be on the export of cutlery.

Meanwhile, the President On this occasion, the President of the Gujranwala Chamber of Commerce and Industry (GCCI), Umar Ashraf Mughal, said that by increasing production in engineering products and the steel industry in Gujranwala, “we can increase our country’s exports.

“Modern machinery and high-tech workforce can also increase our industrial output, which is likely to increase employment opportunities locally,” he said.

The President of GCCI said that with the support of the government, “we can realize a huge potential to stimulate local industrial growth, which could also improve the economy of the country.

He said that in order to increase productivity, it is necessary to introduce innovation into the local industrial structure, which requires maximum resources from the government.

He said he hoped that trade adviser Razak Dawood would solve the problems of the business community in Gujranwala in order to increase local industrial production and increase the country’s exports.


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