Friday, February 22, 2019 | ePaper

BREAKING NEWS:

US team in Beijing for trade talks after IMF 'storm' warning

  • Print
AFP, Beijing :
US negotiators were in Beijing Monday for a new round of high-stakes trade talks, hoping to reach a deal before the March 1 deadline set by Donald Trump as the IMF warned of a possible global economic "storm".
Preliminary discussions had been expected to start on Monday, according to the White House, before US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin step in for the main event on Thursday and Friday.
In December, Washington suspended for three months its plan to increase tariffs on $200 billion worth of Chinese imports - to 25 percent from the current 10 percent - to allow time for negotiators to work out a trade spat that has triggered fears of a global economic slowdown.
Deputy trade representative Jeffrey Gerrish was due to lead the US delegation in preparatory meetings to begin on Monday, the White House had said.
The talks will include officials from the agriculture, energy and commerce departments.
Gerrish left his hotel in central Beijing on Monday morning without talking to the media. Neither side offered any confirmation that talks actually started.
Mnuchin and Lighthizer will be joined by David Malpass, Trump's nominee for president of the World Bank who has worked to limit the bank's assistance to Beijing. The Chinese delegation will be led by Vice Premier Liu He, who will be joined by central bank governor Yi Gang.

More News For this Category

Govt plans to establish jute goods research, training centre: Gazi

Economic Reporter :Textiles and Jute Minister Golam Dastagir Gazi on Tuesday said that a research and training centre will be established soon for the diversification of jute production to

Samsung poised to unveil new phones to revive sales

AP, San Francisco :Samsung is expected to show off its latest smartphones Wednesday, the latest effort by a phone maker to come up with new features compelling enough to

Withdrawal of corporate tax on shipbuilding industry demanded

Withdrawal of corporate tax on shipbuilding industry demanded

Business Desk :Shippers' Council of Bangladesh on Tuesday demanded withdrawal of the existing 35 percent corporate tax on shipbuilding industry in the upcoming national budget for 2019-20 for expediting

Port condition important for FSRU in Bangladesh: experts

BSS, Tokyo, Japan :Global experts on Liquefied Natural Gas (LNG) on Wednesday said port for Floating Storage and Regasification Unit (FSRU) in Bangladesh is important as it has already

Momen proposes direct air link with Austria

Business Desk :Foreign Minister Dr AK Abdul Momen on Wednesday proposed direct air connectivity between Dhaka and Vienna to explore more avenues of development cooperation and better trade with

Professor Md. Nazmul Hassan, Chairman of Islami Bank Bangladesh Limited, addressing at a Business Development Conference for Agent Banking at a hotel in the city on Wednesday. Md. Shamsuzzaman, AMD, Mohammad Ali, Abu Reza Md. Yeahia, Hasne Alam, DMDs, Taher Ahmed, Md. Obaidul Haque, SEVPs, Md. Mahboob Alam, Head of Agent Banking Division and other senior officials of the Bank were also present.

Professor Md. Nazmul Hassan, Chairman of Islami Bank Bangladesh Limited, addressing at a Business Development Conference for Agent Banking at a hotel in the city on Wednesday. Md. Shamsuzzaman, AMD, Mohammad Ali, Abu Reza Md. Yeahia, Hasne Alam, DMDs, Taher Ahmed, Md. Obaidul Haque, SEVPs, Md. Mahboob Alam, Head of Agent Banking Division and other senior officials of the Bank were also present.

.

Arif Quadri, AMD of United Commercial Bank (UCB) Limited, poses for a photograph with the participants of a week-long training for its Cash Officers at the Bank's head office in the city recently. Abul Ali Ahad, Head of Learning & Development and senior officials of the Bank were also present.

Arif Quadri, AMD of United Commercial Bank (UCB) Limited, poses for a photograph with the participants of a week-long training for its Cash Officers at the Bank's head office in the city recently. Abul Ali Ahad, Head of Learning & Development and senior officials of the Bank were also present.

.

475 species of fishes abound in Bay of Bengal: Khasru

Business Desk :State Minister for Fisheries Md Ashraf Ali Khan Khasru on Tuesday said the Bay of Bengal abounds with a total of 475 species of fishes including 36

Khalid for making Pangaon Inland Container Terminal profitable

Economic Reporter :State Minister for Shipping Khalid Mahmud Chowdhury on Tuesday urged all concerned including the businessmen and the customs department to work together to make the Pangaon Inland

Samsung initiates door-to-door service programme

Business Desk :As part of Samsung Bangladesh's commitment to provide the best possible after-sales service to its customers, the electronic giant initiated door-to-door customer service in Sylhet and Barisal.Now