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A proposed Pacific trade region may capture an additional $3 trillion in economic output after Canada and Mexico were invited to take part in talks with nine other nations. A final deal that includes Canada and Mexico would create the U.S.’s largest trade accord, linking its North American Free Trade Agreement partners with eight Pacific-region [...]  The Nicaragua Canal project was first conceptualized in the early 1800s and has been considered many times since then, sometimes stalemated by investors’ concerns about poverty and political instability. Nicaragua plans to carve out a $30-billion alternative to the Panama Canal, in what analysts say is a large, financially untenable project, aimed primarily at [...]
Manila ICTSI terminal The International Container Terminal Services Inc.(ICTSI) said that the Philippine Ports Authority approved the port operator’s petition for a 15 percent increase in cargo handling tariff last June 11. ICTSI said in a disclosure to the Philippine Stock Exchange that the tariff increase, which will come in two tranches, will take effect [...] The biggest concerns of agricultural exporters as the 2012 peak shipping season approaches are equipment availability, adequate vessel space and volatility of freight rates. Exporters who addressed the annual Agriculture Transportation Coalition conference in San Francisco said they are looking for a good, though probably not a spectacular year in terms of volume. [...] |
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