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Trade

Pakistan opens barter trade with Afghanistan, Iran & Russia

In another step to release pressures on dwindling foreign exchange reserves, Pakistan has opened up barter trade with Afghanistan, Iran and Russia for certain items including petroleum, LNG, coal, wheat, pulses, minerals, metals, and several food items.

China vows to keep Taiwan out of Pacific Rim trade group

Zhu’s comments follow earlier remarks by Foreign Ministry spokesperson Zhao Lijian that China was “firmly opposed to any official contacts between Taiwan and other countries, as well as Taiwan’s accession to any agreements or organizations that are of an official nature.”