China will defer some taxes for manufacturing firms for three months from November due to the impact of high raw material prices and rising production costs, the country’s cabinet said on Wednesday, according to state TV.The tax deferral amounts to a total of around 200 billion yuan for smaller firm

The continuation of exports fees on several mineral raw materials for one more year decided the Egyptian Minister of Trade and Industry Nevine Gamea to support the local industry and economy, especially during the ongoing COVID-19 crisis.Specifically, the decision that enters into force on February

“Transporting a block of marble from the quarry to the plain costs twice as much as it did a month ago. The increase in fuel prices for local road haulage has become unsustainable and, in one year, a full tank costs 25% more. These are costs that the road haulage is not able to overturn on its custo

Photo by Borderpolar Photographer on UnsplashUNCTAD’s Global Trade Update published on 17 February shows that in 2021, world trade in goods remained strong and trade in services finally returned to its pre-COVID-19 levels.“Overall, the value of global trade reached a record level of $28.5 trillion i