September 16, 2013
The US-Uzbekistan Annual Business Forum was held in Washington, the United States, Jahon news agency reported. The American-Uzbekistan Chamber of Commerce (AUCC) organized the event. More…
September 10, 2013
The United States on Wednesday renewed a ban on the import of gems from Myanmar, hoping to choke off a funding source for the powerful military after broader sanctions ended.
President Barack Obama, who has otherwise normalized relations with Myanmar to reward its democratic reforms, issued an executive order to maintain a ban on rubies and jadeite. More…
August 14, 2013
Cambodia has decided to put off accepting military aid from the U.S. and several other countries until a new government is formed, according to U.S. officials, in the aftermath of elections which remain in dispute more than two weeks after the polls closed.
Some believe it is a preemptive move in the event Western governments decide to cut assistance to Phnom Penh if the July 28 elections are found to be flawed following opposition claims of widespread poll irregularities. More…
July 29, 2013The Irrawaddy
Is there a pivotal link between the United States’ concerns over China’s assertiveness in the South China Sea and inroads into the Indian Ocean and bids from the US to expand Yangon’s airport and improve the roads between Myanmar’s main commercial city and Mandalay? More…
July 25, 2013
Reposted from Bernama
PHNOM PENH, July 24 (Bernama) — Cambodia’s garment exports reported US$2.51 billion revenue in the first six months of the year, a 19.5 percent rise from US$2.1 billion over the same period last year, the Commerce Ministry said.
Cambodian apparels are mostly exported to the United States and European countries along with Canada, Japan, South Korea and China, Xinhua news agency reported. More…
July 4, 2013
July 1, 2013The New York Times
When the Obama administration lifted economic sanctions on Myanmar last year, encouraging American investments after decades of treating the nation as a pariah, it did so with a significant caveat.
For the first time, effective on Monday, American companies investing in Myanmar must detail in public reports the steps they have taken to respect human and labor rights, to protect the environment and to avoid corruption in an economy warped by international isolation and military dictatorship. More…
June 18, 2013
Reposted from The Daily Star
The Bangladesh cabinet has approved a proposal to sign Trade and Investment Cooperation Framework Agreement (Ticfa) to bolster commercial ties with the US ending months of haggling.
The approval came Monday at a regular weekly meeting of the cabinet chaired by Prime Minister Sheikh Hasina.
The much-talked-about agreement will offer a platform for Bangladesh and the US to discuss bilateral trade issues, including the trade barriers and opportunities and also investment in the two countries. More…
June 18, 2013AllAfrica
For the last three years, I have traveled extensively in sub-Saharan Africa, after an unaccustomed absence. My recent experiences, which have ranged through every region of the subcontinent, tell me two essential things: Africa is caught up in intense and rapid change, and American policy toward the continent is not adjusting fast enough.
A trickle of articles in the American press has belatedly recognized Africa’s strong run of economic growth. Some of them have touted the expansion of a new African middle- or consumer-class, which by some measures is larger than that of India. Others have focused on the continent’s overall economic growth, drawing on data and forecasts from the International Monetary Fund and other sources. These suggest that over the next several years, Africa will grow faster than any other continent, including Asia. More…
June 17, 2013
Reposted from National Geographic
By Saleem Ali
Haiti — the poorest country in the Western hemisphere has been struck by natural misfortunes and malevolent foreign intervention for decades. As the first independent nation to emerge from resettled African slaves in 1804, Haiti held much promise at its inception. Yet the nascent Haitian state was beset by marginalization from its neighbors, particularly the United States. The American government did not even recognize Haiti until 1861 for fear that the slave rebellion against the French colonial masters that created the country might inspire similar upheaval in the Southern plantations. However, as America and the rest of the Hemisphere finally embraced civil rights in the twentieth century, Haiti became a major locus of interest for investment and development. During the Cold War, Western nations supported despotic elites to serve their own interests in the region but in recent years, there has been a more genuine commitment to helping Haiti climb its way out of poverty. More…