Word: exports
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Dates: during 2000-2009
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This year could be the year of the horse. Activists in Great Falls, Mont., are lobbying their state legislature to pass the American Horse Slaughter Prevention Act, which would ban the export of horses to countries that slaughter them for meat. Their reason? Apparently slaughter “really disrespects an animal that we consider to be a friend,” says activist Melissa Carlson. “Disrespect,” it seems, is a loose term in Montana...
...only did Iran fail to heed the 30-day deadline, it has actually announced new breakthroughs in its enrichment experiments and warned that it plans to expand its activities and perhaps even export its know-how to other countries. International Atomic Energy Agency chief Dr. Mohammed ElBaradei told the Security Council on Friday that Iran had not answered the questions that would satisfy concerns over its nuclear intentions. But Iran's defiance, which has included saber-rattling about how it would respond to any potential U.S. military action , may actually be based on a sober diplomatic calculation...
...Plus: there's always location, location, location. Hanoi is situated 170 km from the border with China, which last year displaced the U.S. as Vietnam's largest trading partner (two-way trade: $8.7 billion). The U.S. remains Vietnam's largest single-country export market, but many of the companies locating in the north think that, too, may be changing quickly. Most of the companies that have placed factories in the north harbor big plans of sending their finished products, from bathroom fixtures to digital cameras, to the mainland. On a small scale, that's already happening. Canon's Vietnam general...
...agreement among the 10 members of the Association of Southeast Asian Nations (ASEAN) recently reduced tariffs on electronic goods, previously as high as 30%, to zero. That gave Vietnam's electronics manufacturers greater access to a trading bloc of half a billion people. "We can be the gateway for export to China," boasts Hoang Van Dung, vice president of Vietnam's Chamber of Commerce and Industry in Hanoi, "And we can export to ASEAN and the West at the same time...
...biggest shadow over Vietnam's rising star, though, is its long-delayed entry into the World Trade Organization. Vietnamese-made garments, the country's second largest export earner (after crude oil), are still hamstrung in the important U.S. market by quotas that don't apply to most WTO members. If Vietnam can gain entry, as is expected, this year or next, garment exports are projected to double to $10 billion by 2010. Vietnam is already the world's largest pepper exporter, and the second largest exporter of rice, cashews and coffee. "Now that it's getting attention, Vietnam...