Strike Ends at Karachi Port in Pakistan – Workers at the Port of Karachi have ended an 11-day strike after their demands were accepted by the Goods Transport Association. The workers went on strike in protest of unfavorable working conditions.
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U.S. Signs New Agreement with Morocco – The United States has signed a new agreement with the Kingdom of Morocco to increase bilateral trade and investment. The agreement was signed at the third joint committee meeting under the U.S.-Morocco Free Trade Agreement (FTA) which has been effective since January 1, 2006.
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Strike at India’s Port of Nhava Sheva – Container trailer operators have gone on an indefinite strike causing all import and export activities to come to a standstill. The Nhava Sheva Container Trailer Operators’ Association (NSCTOA) is protesting delays and other infrastructure issues.
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Brazil’s New Port Investment Program – Brazil has announced a new $26 billion port investment program. The goal is to spur private investment and improve infrastructure. The ports of Manaus, Porto Sul, Espirito Santo, Ilheus and Imbituba will be offered for private concession.
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