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Ukraine reduces rice imports

KIEV: Since the beginning of the current season Ukraine has imported 21.7 KMT of rice. This is 19% less than during the same time period last year (26.8 KMT). This trend was triggered by increasing rice production in Ukraine in the 2015/16 season due to expansion of the planted area. In 2015 gross crop of rice was 34% higher than ... Read More »

Philippines imports grow for fifth straight month

MANILA: Imports sustained their strong momentum in October, rising for the fifth straight month to outpace the rest of Asia, the Philippine Statistics Authority (PSA) reported yesterday. The PSA said demand for imported goods in October increased 16.8 percent to $6.5 billion, from $5.6 billion a year ago. This brought aggregate imports in the first 10 months of 2015 to ... Read More »

US trade deficit narrows in November

WASHINGTON: The U.S. goods trade deficit narrowed slightly in November, as both exports and imports weakened, the Commerce Department said. The trade gap narrowed 1.3% in November to $60.5 billion from a revised $61.3 billion in October. The deficit was smaller than the MarketWatch-compiled forecast of $61.9 billion. Exports of goods shrank 2% to $121 billion in November with broad-based ... Read More »

Indonesia police seize 1.5 tons of marijuana from truck

TANGERANG: The National Police announced that they recently thwarted the trafficking of 1.5 tons of marijuana from a truck on Tangerang-Banten highway and arrested the truck’s driver on suspicion of trying to smuggle the dried leaves. The police said in a statement that the marijuana was found inside 39 sacks loaded into a truck along with 120 sacks of staple ... Read More »

5.5 kg Charas Seized on Indo-Nepal Border

BALRAMPUR: Sashastra Seema Bal jawans today arrested a 45-year-old man and recovered 5.5 kg charas worth Rs 55 lakh, from near pillar number 572 on Indo-Nepal border here, an official said. During routine checking, the SSB jawans caught the person, identified as Paras, a resident of Siddharthnagar district, hiding near the pillar number 572, SSB Commandant D B Sonar said. ... Read More »

Malaysian Customs prosecuted 162 smugglers in Sarawak

MIRI: The Customs Department prosecuted 162 smugglers in Sarawak this year. Customs deputy director-general Datuk Matrang Suhaili said bringing the culprits to court was part of the department’s efforts to combat smuggling in the state. “Smuggling activities in the country and state have brought about billions of ringgit in tax losses,” he told the media after the launching of a ... Read More »

Russian spies catch 12,000 oil smuggling trucks on Turkey-Iraq border

MOSCOW: Russian spies have caught up to 12,000 trucks believed to be carrying oil on the Turkish-Iraqi border. It is widely believed that most Islamic State oil goes to Turkey and is sold at low prices there. Lieutenant-General Sergey Rudskoy said: ‘The imagery was made in the vicinity of Zakho (a city in Iraqi Kurdistan), there were 11,775 tankers and ... Read More »

UK drug-smuggling suspect arrested in Greece

LONDON: One of the UK’s most wanted men who allegedly tried to smuggle £1.6 million worth of cocaine into the country, has been arrested in Greece. Simon Dutton from Bolton faces charges related to importing and supplying drugs and money-laundering. The drugs were seized at a ‘cocaine factory’ in Stockport back in September 2009 and 39-year-old Mr. Dutton has been ... Read More »

Germany authorities arrest Italian man for smuggling cocaine

BERLIN: German authorities say they have arrested a member of an Italian organised crime group following an investigation into a cocaine-smuggling racket. The 40-year-old Italian man was arrested on December 23 in Gelsenkirchen as he left his hiding place, investigators in North Rhine-Westphalia state said. He was a member of the Sacra Corona Unita group, based in south-eastern Italy, and ... Read More »

HM Customs recover 90 kgs of cannabis from the sea

LONDON: It has been an eventful Christmas weekend for HM Customs. Officers of the Customs Marine Unit were involved in a high speed chase, starting on the East side, which forced suspected smugglers out of BGTW as they attempted to round Europa Point. The chase then continued into Spanish waters where the Marine Unit pulled back to allow Guardia Civil ... Read More »

US Customs confiscates pot in fuel tank

EL PASO: Customs and Border Protection officers intercepted 82.5 pounds of marijuana Monday at the Ysleta Port of Entry (POE), which carries a value of approximately $66,040. The seizure was made at the Ysleta POE at approximately 9 p.m. after a 1999 Chevrolet Silverado truck arrived at the port from Mexico. A CBP officer at the primary inspection station discovered ... Read More »

Drugs in Jamaica fish among top 10 seizures for US Customs in 2015

NEW YORK: United States’ Customs and Border Protection (CBP) officials see a lot of ingenious methods drug smugglers use to get their contraband into the country, and to get cocaine into the US hidden in fish from Jamaica has made the top 10 list for 2015. Back in June, CBP officers at Miami International Airport seized over two pounds of ... Read More »

India Customs seizes gold worth Rs 1.34 crore in Mumbai

MUMBAI: The Air Intelligence Unit of Mumbai Customs apprehended two persons at the Mumbai international airport and recovered 57.40kg of gold valued at around Rs 1.34 crore, from them. “The gold was concealed in various items such as watch dial, pen refills, bra hooks, foils and handles of bag, coat hooks, shoe buckles and sandals,” said customs commissioner APS Suri. ... Read More »

Steel import plunges 23% in Nov

NEW YORK: As the U.S. Department of Commerce starts slapping tariffs on steel dumpers, imports are finally starting to fall. Preliminary steel imports plunged by 23 percent in November, according to the American Iron and Steel Institute. The United States imported 2.3 million net tons in November, which is down 22.7 percent as compared to October. Finished steel imports fell ... Read More »

Korea’s exports to Australia rise 7.5% in Jan-Nov

SEOUL: Korea’s exports to Australia rose 7.5 percent in the January-November period, in sharp contrast to the country’s overall exports which fell 7.4 percent in the same period due to sluggish global demand, the Korea Customs Service (KCS) said Tuesday. “Australia is a relatively small trading partner (for Korea) but we expect exports to the country under the free trade ... Read More »

Textile mills plan for cotton imports

NEW DELHI: Prabhu Damodaran, secretary of Indian Texpreneurs Federation, told that every cotton year (October to September), price of cotton starts going up after the picking season. When the industry needs cotton and when the arrivals have come down in the market, the prices shoot up. This year, the prices have already gone up though arrivals continue to be high ... Read More »

Taiwan agricultural bank to support farm exports

TAIPEI: Agricultural Bank of Taiwan (ABT), the only financial institution in the country dedicated to serving Taiwan’s farm sector, set up an international banking department Tuesday to help local farmers sell their products overseas. At the department’s opening ceremony, ABT Chairman Chen Chao-hui (陳朝輝) said the local agricultural sector needs more financial support at a time when many farmers are ... Read More »

Vietnam seafood exports fall 14.3% in 2015  

HANOI: Vietnam’s seafood exports abroad fell 14.3% for the first 11 months of 2015 compared to the same period a year prior. According to the newspaper, Nguyen Thi Thu Nguyet, who is deputy head of the country’s Directorate of Fisheries, said that exports have reached an estimated $6.73 billion for the year. However that figure represents both a drop from ... Read More »

German exports to rise 6% to $1.3t in 2016

BERLIN: German exports will rise to new record levels next year, overcoming difficulties in China and other markets mostly thanks to the weak euro, the head of the BGA foreign trade federation predicted Monday. German companies can expect “new all-time records for both exports and imports,” said Anton Boerner. His federation predicted an up to 6% rise in exports to ... Read More »

Customs foils attempt to smuggle 2kg cocaine  

BEIRUT: A 28-year-old Brazilian man was stopped Monday by Customs officers for allegedly attempting to smuggle 2 kilograms of cocaine through the Rafik Hariri International Airport in Beirut. A source at the airport that the cocaine, in vacuum-sealed plastic bags, was hidden in two pieces of luggage which were put in a bigger suitcase. The alleged smuggler, who had just ... Read More »