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In terms of carat value, a total of 84.6 million carats were traded in 2006, compared to 71.2 million in 2005.
Increasing trade between Italy and the Middle East has prompted a high level delegation of Italian companies to visit major industry players in Dubai.
Politically contentious free-trade talks between the United States and the oil-rich United Arab Emirates are on hold and no date has been set for their resumption.
A Chinese renminbi 100 yuan note on display at a museum in Beijing. A girl checks out the Chinese renminbi 100 yuan note on display at a museum in Beijing. China will keep the exchange rate of its currency, the yuan, "basically stable" in the coming year, the central bank said Monday. China will also make its interest rates more responsive to monetary policy moves, the People's Bank of China said in a statement prior to a press conference by its governor, Zhou Xiaochuan.
A South Korean protests against the FTA talks with the United States in Seoul. A South Korean protests against the FTA talks with the United States in Seoul. The US and South Korean negotiators struggled to iron out differences over the opening of their auto, agriculture and other sensitive markets as they are set to wrap up their formal round of free trade talks here.
China announced its second-largest monthly trade surplus in history even as it promised to take measures to such reduce imbalances with the outside world.
China's surplus last year soared 74 percent to hit a record 177.5 billion dollars but some economists are pencilling in 230 billion dollars for 2007.
US and South Korean negotiators narrowed most differences in less sensitive issues as they prepared to wrap up free trade talks ahead of a looming end-month deadline.
Pascal Lamy said Monday deadlocked global trade talks could be concluded before a crucial June deadline when special US legislation on the negotiations expires.
South Korean protesters protest against a free trade agreement (FTA)South Korean protesters protest against a free trade agreement (FTA) with the United States on March 6. South Korean President Roh Moo-Hyun said Tuesday his government could scrap free trade talks with Washington if Seoul's economic interests are not properly reflected in a final deal.
101th Canton Fair 2007 will attract more than 200,000 visitors in April; 150,000 different goods and services will be displayed by 14,000 Chinese companies and manufactures.