The EU calls on trading partners to honour their commitment to remove protectionist trade barriers

January 23rd, 2011

A new report published today by the European Commission shows that more than 330 trade restrictive measures have been taken by the European Union’s major trade partners since the outbreak of the financial and economic crisis in 2008. Despite the economic recovery and contrary to the G20 commitment, a mere ten percent of those measures have been removed in the meantime. Ahead of the G20 summit in Seoul, the European Commission calls on its trading partners to remove the remaining restrictions in order not to undermine the recovery.

EU Trade Commissioner Karel De Gucht said: “With the economic recovery still fragile, the world’s major economies must remove the trade restrictive measures that put a break on growth. For the world economy to move forward, we have to roll back these barriers. The G20 summit in Seoul needs to demonstrate leadership in this respect.”

The latest report is the seventh in a series of reports which the European Commission has been issuing on trade restrictive measures adopted by major trade partners since the beginning of the economic crisis in 2008. The monitoring mechanism has been an important tool to ensure vigilance during the crisis and prevent an escalation of trade protectionism.

Suzuki to launch Ritz premium compact car in India

June 18th, 2009


On 15 May 2009, Suzuki Motor Corporation’s Indian subsidiary, Maruti Suzuki India, announced the forthcoming launch of the Ritz, a premium compact car that’s a strong response to still-expanding passenger-car demand in the Indian market. The Ritz has a tall but manageably compact body and a choice of two engines: Suzuki’s new K12M 1.2-litre petrol engine and the 1.3-litre DDiS diesel engine that has earned a great reputation in the Swift. Joining the Swift, SX4, and A-Star as a Suzuki world strategic model produced and sold by Maruti Suzuki India, it meets growing Indian demand for fuel-efficient, eco-friendly transportation and will likely be most popular with families. Maruti Suzuki India is producing the Ritz at its Gurgaon plant and will start offering it for sale later this month.

MMC provides i MiEV electric vehicles for use at G8 Summit

June 18th, 2009

Mitsubishi Motors Corporation (MMC) today announced that it would provide 10 i MiEV1 electric vehicles for official use at the G8 Hokkaido Toyako Summit. The electric vehicles will be used as transport for visiting world leaders and members of the media. Additionally, the vehicles will comprise one part of an on-site display2 and test drive. MMC hopes that through its small contribution, attendees of the G8 Summit will find a new appreciation for the superior practicality and environmental viability of electric vehicles.


i MiEV MMC will bring the i MiEV electric vehicle to market next year (2009) in Japan, as part of its plan to help reduce global warming and reduce dependence on fossil fuels. The i MiEV is based on the ” i ” minicar, and utilizes a large-capacity lithium-ion battery and a compact, high-output electric motor in place of the traditional powertrain. At present, MMC is conducting fleet tests in cooperation with several domestic electric power companies, in order to make electric vehicles a common sight on Japan’s roads as soon as possible. Plans are also under way to begin fleet testing of the i MiEV at more than one U.S. power company as early as this fall. Data about the effects of local climate and driving preferences, gathered in the aforementioned tests, will allow MMC to make meaningful progress toward bringing the i MiEV to market. Source: Mitsubishi Motors Corporation If you are looking for Japanese used vehicles exporters, please visit : http://www.japancarpages.com

Kenya plans to amend tax on second hand cars

June 18th, 2009

In a move aimed at making cars affordable, Kenya is expected to amend a budget proposal to impose a 20 per cent excise duty on imported used motor vehicle spare parts.

To discourage the importation of second hand motor cars in Kenya and to energize the local car and spare parts assembly firms, Finance minister Amos Kimunya imposed a 20 per cent excise duty on all imported second hand spare in the June budget.

The Government of Kenya aiming to collect huge amount of tax from the Imported spare parts as more Kenyans use second hand motor vehicles.

According to the Kenya Auto Bazaar Association (KABA)-the umbrella organization of second hand car dealers- a total of 42,000 imported second hand cars were registered in Kenya in 2006 compared to 10,000 new units.

VLCC Sakuragawa Delivered

June 18th, 2009

VLCC Sakuragawa Delivered

VLCC Sakuragawa Delivered


Kawasaki Shipbuilding Corporation announced today that it delivered the Sakuragawa, a very large crudeoil carrier (VLCC), to KAW1612 SHIPPING S.A. at its Sakaide Shipyard on June 5. The 315,000 DWT, double-hull tanker marks the 1612nd vessel built by the company.

Powered by a Kawasaki-MAN B&W 7S80MC-C diesel engine, the vessel features the latest tanker developments, including one of the largest cargo capacities that can pass through the Malacca Straits and enter primary oil tanker berths in Japan. The 332.9m long carrier is equipped with Kawasaki’s rudder bulb system with fins (RBS-F) and high-performance propellers for energy-efficient operations.

Source: Kawasaki Shipbuilding Corporation

If you are looking for Japanese used vehicles exporters, please visit : http://www.japancarpages.com/index.php?view=company_directory

What is Used Vehicle Inspection Sheet?

June 18th, 2009

Inspection sheet is a document, which is prepared by the highly qualified vehicle experts inspecting the vehicles before exhibition in auction for bids. The condition of the car, its grade and options are mentioned in the Inspection sheet. It reflects the entire defect including even the small ones along with the auction grade letting the buyers to know the actual condition of the vehicle overall. It is been prepared under very strict supervision of the technical experts, so that buyers or importers can rely completely on such inspection sheet. Every auction hall displays these inspection sheets online at their relevant websites, so that buyers or importers can check the vehicles at any place around the world. Generally these inspection sheets includes below items which buyers can check: Make, Model, Vehicle Grade, Year of First Registration, Doors, Engine Capacity (CC), Mileage, Color, Fuel Type, AC Availability, Other Accessories, Seating Capacity, Registration Number, Chassis Number etc. with all necessary informations by which the buyers can decide whether to buy this vehicle or not. If you want to order any used vehicles, machineries, bikes & parts then please visit below link: http://www.japancarpages.com

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