ILEA001824165: Egypt releases imported goods worth nearly 54 bln USD in 9 months

NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1

STORY: NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1 SHOOTING TIME: April 10, 2024 DATELINE: April 20, 2024 LENGTH: 0:00:57 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region 2. various of a China-Europe freight train 3. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region STORYLINE: Total import and export value of goods in northwest China's Xinjiang Uygur Autonomous Region grew by 42.7 percent year on year to 93.63 billion yuan (about 13.2 billion U.S. dollars) in the first quarter of 2024, the second highest growth rate among all provinces, autonomous regions and municipalities in China, official data showed on Thursday. In March 2024 alone, Xinjiang's foreign trade value grew by 27.3 percent, registering growth for 29 consecutive months. From January to March, the region had conducted trade with 193 countries and regions across the globe. Kazakhstan and Kyrgyzstan

Egypt launches poultry, egg price reduction initiative

STORY: Egypt launches poultry, egg price reduction initiative SHOOTING TIME: file DATELINE: April 2, 2024 LENGTH: 00:00:59 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of a chicken farm in Egypt STORYLINE: Egyptian Prime Minister Mostafa Madbouly on Monday reviewed an initiative to reduce the prices of poultry and eggs by a rate ranging from 10 percent to 15 percent. Egyptian minister of agriculture and land reclamation explained that this initiative comes in response to the directives of the political leadership, as well as the government's initiatives and efforts to reduce commodity prices. As a result of this initiative starting Tuesday, the price of a kilogram of chickens on the farm is set to be 85 Egyptian pounds, and the price of a carton of table eggs to be 135 pounds. The minister confirmed that, in light of these announced prices, the price to the consumer will be a maximum of 95 pounds for poultry, and 145 pounds for eggs. Xinhua News Agency correspondents reporting from C

Myanmar earns over 3.5 bln USD from agricultural exports in over 11 months

STORY: Myanmar earns over 3.5 bln USD from agricultural exports in over 11 months SHOOTING TIME: March 29, 2024 DATELINE: March 30, 2024 LENGTH: 00:00:59 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of farmers working in a field in Nay Pyi Taw, Myanmar STORYLINE: Myanmar earned over 3.51 billion U.S. dollars from agricultural exports in over 11 months of the current 2023-24 fiscal year, according to the Ministry of Commerce on Thursday. The figure registered between April 1 last year and March 15 this year showed a decline from over 3.75 billion dollars registered in the same period a year earlier, showed the ministry's figures. According to the ministry's data, agricultural products ranked second among the country's export earnings during the period, following manufactured goods which recorded over 8.58 billion dollars. The Southeast Asian country's total exports during this period surpassed 13.98 billion dollars, down from 15.92 billion dollars registered in the same perio

Chinese ductile iron pipes firm to establish new factory in Egypt

STORY: Chinese ductile iron pipes firm to establish new factory in Egypt SHOOTING TIME: March 27, 2024 DATELINE: March 30, 2024 LENGTH: 00:00:32 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of signing ceremony (Courtesy of the Egyptian Cabinet) STORYLINE: China's Xinxing Ductile Iron Pipes Co., Ltd. has signed a land lease contract with Egypt-TEDA SEZone Development Company to build a new factory in the China-Egypt TEDA Suez Economic and Trade Cooperation Zone. The signing ceremony held on Wednesday was attended by Egyptian Prime Minister Mostafa Madbouly, Suez Canal Economic Zone Chairman Waleid Gamaleldien, and other senior Egyptian officials. The project is planned to cover an area of about 270,000 square meters and produce 250,000 tons of ductile iron pipes per year, said Ma Ye, head of the Egypt project of Xinxing Ductile Iron Pipes Co., Ltd. With an investment of approximately 145 million U.S. dollars, the project is expected to generate nearly 200 million dollars in foreign exc

Imports via south China border gate hit high in Jan-Feb

STORY: Imports via south China border gate hit high in Jan-Feb SHOOTING TIME: March 19, 2024 DATELINE: March 26, 2024 LENGTH: 00:02:16 LOCATION: NANNING, China CATEGORY: ECONOMY SHOTLIST: 1. various of the port 2. various of the imports 3. SOUNDBITE (Chinese): LI QIANCHANG, Employee of Guangxi Oheng Import and Export Co., Ltd. 4. various of the port STORYLINE: The Youyiguan border gate in south China's Guangxi Zhuang Autonomous Region saw a significant increase in trade with ASEAN countries in the first two months of 2024, according to local customs. The total imports and exports with ASEAN countries via the Youyiguan border gate in January and February reached 65.6 billion yuan (about 9.1 billion U.S. dollars), up 25.8 percent year-on-year, accounting for 99 percent of the port's total. Among the goods, agricultural imports from ASEAN countries amounted to 1.54 billion yuan (about 214 million U.S. dollars), making up 6.7 percent of the total imports from ASEAN countries. Notably, fresh durian import

China's Xinjiang posts robust foreign trade growth in Jan-Feb

STORY: China's Xinjiang posts robust foreign trade growth in Jan-Feb SHOOTING TIME: Archives DATELINE: March 21, 2024 LENGTH: 00:00:33 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of land ports and freight trains in Xinjiang STORYLINE: The foreign trade of northwest China's Xinjiang Uygur Autonomous Region surged by 51.4 percent year on year in the first two months of this year, local authorities said. The region's total imports and exports reached 63.69 billion yuan (about 8.97 billion U.S. dollars) during this period, according to the Urumqi Customs. In the January-February period, the region engaged in trade with 186 countries and regions worldwide. Its trade with five Central Asian countries amounted to 43.74 billion yuan, accounting for 68.7 percent of the total. Private enterprises in Xinjiang showed a strong performance in foreign trade during the period. Their trade value soared 48.1 percent year on year to reach 59.81 billion yuan, accounting for 93.9 percent of the r

North China land port sees growing freight throughput

STORY: North China land port sees growing freight throughput SHOOTING TIME: Jan. 4, 2024 DATELINE: March 8, 2024 LENGTH: 00:02:32 LOCATION: ERENHOT, China CATEGORY: ECONOMY SHOTLIST: 1. various of the land port STORYLINE: The land port of Erenhot, the largest one on the China-Mongolia border, has seen flourishing freight throughput in the first two months of 2024. According to the local commerce bureau, in the first two months of this year, the freight volume of imported and exported goods at the Erenhot Port reached 3.171 million tonnes, an increase of 7.7% year-on-year. Among them, the railway freight volume totaled 2.792 million tonnes, marking a 0.8% year-on-year increase, while the highway import and export freight volume amounted to 379,000 tonnes, reflecting a 118.5% year-on-year surge. Erenhot port has simplified its procedures and improved the efficiency of customs clearance for both imported and exported goods. It has also actively promoted the pilot construction of a smart port, improved its

Egypt signs agreement with IMF to increase loan from 3 to 8 bln USD

STORY: Egypt signs agreement with IMF to increase loan from 3 to 8 bln USD SHOOTING TIME: March 6, 2024 DATELINE: March 7, 2024 LENGTH: 00:00:38 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference (Courtesy of the Egyptian Cabinet) STORYLINE: Egypt signed a financing agreement on Wednesday with the International Monetary Fund (IMF) to increase an initial 3 billion U.S. dollars loan deal to 8 billion dollars, Egyptian Prime Minister Mostafa Madbouly announced at a press conference. As part of the agreement, Egypt will also receive a loan of about 1.2 billion U.S. dollars from a separate facility that promotes environmental sustainability, Madbouly said. Besides the IMF, the prime minister added that other "international partners," including the World Bank, will also provide Egypt with soft loans to support the state in achieving monetary stability through an integrated program. "Our goal during the first period of Egypt's reform program following the IMF agreement is to rationa

Egypt's PM orders faster release of goods at ports to lower prices

STORY: Egypt's PM orders faster release of goods at ports to lower prices SHOOTING TIME: File DATELINE: March 5, 2024 LENGTH: 00:00:46 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of ports in Egypt STORYLINE: Egypt's Prime Minister Mostafa Madbouly said on Monday that he had reviewed the movement of goods and freight in the country's ports and ordered the swift and immediate release of essential items amid a rise in U.S. dollar resources. Madbouly said in a statement that the presidential directives aimed to ease the flow of goods at various ports, especially food, medicine, fodder and production inputs, which would help balance and lower prices. He also said that the government was pursuing its reform measures to support the industrial sector and boost exports, as well as the agriculture, tourism and communications sectors, adding that these are part of the state's plan for structural reform. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

Egypt delivers most humanitarian aid to Gaza: PM

STORY: Egypt delivers most humanitarian aid to Gaza: PM SHOOTING TIME: March 2, 2024 DATELINE: March 3, 2024 LENGTH: 00:00:44 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of the meeting (taken by the cabinet) STORYLINE: Egyptian Prime Minister Mostafa Madbouly said on Saturday that Egypt contributes to the delivery of more than 80 percent of humanitarian aid to Gazans. Madbouly made the remarks during his meeting with a visiting delegation from the FAO led by Director-General Qu Dongyu, during which they discussed further cooperation in agriculture and food security. The Egyptian prime minister noted that although Egypt is among the affected countries neighboring the conflict zone, it delivers most of the aid for the Gaza Strip which is under Israeli siege and bombardment. During the ongoing Israeli attacks in Gaza, the Rafah border crossing between Egypt and Gaza has been a key lifeline to provide the enclave with relief supplies, donated by Egypt and other countries as well as local and int

Egypt releases imported goods worth nearly 54 bln USD in 9 months

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