Suit Filed Against Savannah River Deepening – Environmental groups have filed a federal lawsuit challenging the $650 million deepening of the Savannah River shipping channel. The groups say the U.S. Army Corps of Engineers needs a South Carolina pollution permit before the project begins to account for toxic cadmium from river silt. The silt would be dumped on the South Carolina side of the river as a result of the channel deepening.
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New Export Program Announced – The National Marine Manufacturers Association (NMMA) has announced a new export development program. The program is aimed at helping NMMA members enhance their connection with emerging international growth opportunities and better analyze the potential of the international market. The program will be developed and implemented by export development director Julie Balzano.
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Japan and Turkey Consider Free Trade Agreement – The Turkish Economy Minister and the Japanese Foreign Minister Koichiro Gemba recently met in Tokyo to discuss a joint feasibility study that will be used to decide on the potential for a free trade agreement (FTA). An FTA between the two countries would enhance the market for Japanese manufactured goods as well as benefit agricultural and textile exports for Turkey. During the meeting, the two sides also signed a memorandum of understanding in order to establish a framework for economic cooperation.
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India Challenges E.U.’s Carbon Tax on Aviation – Indian carriers have submitted a proposal to the Indian Cabinet asking permission to impose additional duties or levy a tax against European Union (E.U.) carriers to or from India. The proposal is in retaliation to Indian carriers that are charged a carbon tax or penalized for not adhering to the carbon taxation regime when coming to or from the E.U. The United States has suggested the adoption of a global carbon tax system and a worldwide cap-and-trade regime. A meeting on the subject is scheduled in Washington, D.C. at the end of July – 16 countries have been invited, including India.
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