IFA on the Road - Laos The IFA delegation of CEO and DG Alzbeta Klein, CFA and DDG Patrick Heffer visited Laos in late June. A key objective was to gain a better understanding of the potential of potash mining in Laos, and to visit IFA members and stakeholders on the ground. Laos is home to large potassium ore deposits, particularly in the Khammuan province. Asia Potash International, a Chinese company and IFA member, has been granted exploration rights to a potassium ore site. The company is the first in Laos to achieve industrial production of potash fertilizer and is expected to become a significant potash fertilizer supplier in Southeast Asia. The mining industry, including potash, is becoming an important force for Laos to attract foreign investment and drive economic development. Potash mining can generate significant government revenues, create jobs, and stimulate the growth of supporting industries. As Laos seeks to grow its economy and reduce poverty, responsible development of its potash resources could be a key contributor to the country's economic progress. 📽️ https://bit.ly/3WcynGj #sustainabledevelopment Alzbeta Klein, CFA | Patrick Heffer | Annie COHEN | Claire Newell (Chart.PR) | Mariana Borges
International Fertilizer Association (IFA)’s Post
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Uzbekistan and Mongolia aim to boost trade by 5 to 10 times following talks between President Shavkat Mirziyoyev and Mongolian President Ukhnaagiin Khürelsükh during the latter's inaugural state visit to Uzbekistan 🇺🇿🇲🇳 Discussions focused on enhancing bilateral relations through initiatives like joint trading houses and a Preferential Trade Agreement. Both leaders outlined plans for a new Medium-Term Industrial Cooperation Program, emphasizing sectors such as mining, agriculture, and manufacturing. They also agreed to establish a Business Council to promote private sector engagement and discussed enhancing cultural exchanges, academic programs, and tourism under the visa-free regime. 👉 Full video on YouTube: https://lnkd.in/gYuq6SyQ 👉 Details: https://lnkd.in/du35Ww7y #Uzbekistan #Mongolia #Trade #Bilateralrelations #Jointtradinghouse #Tradeagreement #Industrialcooperation #Mining #Agriculture #Manufacturing #BusinessCouncil #Privatesector
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A port is more than a point of entry and exit ------------------------------------------------- Considering #China's vast population and diverse regions, there exist approximately 400 "countries," each akin to #Mongolia, boasting its distinct market. To illustrate, a village with a population of 3 million in our country may specialize in a singular product, distributing it to other regions within the nation. Essentially, within China, 400 "markets" engage in trade with one another. Mongolia is intricately connected with such an extensive trading network. By comprehensively studying and understanding the markets of these regions, we unlock opportunities to broaden our trade horizons. https://lnkd.in/dE9ECNUZ
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India is establishing various types of contacts in the oil and agro-industrial sectors, focusing on Venezuela, Brazil and Argentina, and approaching Colombia and Ecuador. In this context, they are taking advantage of Mercosur's weaknesses, such as the current dissonance between Lula and Milei (previously between Fernández and Bolsonaro), as well as the low level of integration as a bloc among the countries of the region. https://lnkd.in/eu7K9n5Y
When Other Eurasian Powers Become Interested in Latin America
energyforenergy.blogspot.com
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A new metal structures plant has been established near Yangiyul, Uzbekistan, significantly boosting the country's industrial sector with Chinese investment 🇺🇿🇨🇳 Developed by China's Da Fu with an approximate $2 million investment, the plant is set to enhance local employment and industrial capacity. During the opening ceremony, Tashkent region mayor Zoir Mirzayev emphasized the plant's contribution to creating 25 new jobs and increasing industrial output. The facility boasts an annual production capacity of 500 tons of metal structures, valued at $1.2 million, with the ability to produce an additional 400 tons for both domestic and export markets. The Tashkent regional administration plans to attract $50.7 million in foreign direct investment and loans by year-end, further supporting economic growth and industrial development in the area. 👉 Full video on YouTube: https://lnkd.in/gegqm-U7 👉 Details: https://lnkd.in/di8mT2B9 #YangiyulPlant #China #Uzbekistan #InfrastructureDevelopment #ForeignDirectInvestment #IndustrialCapacity #EconomicGrowth #RegionalDevelopment #IndustrialProjects
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Higher Standards Deserve Premium Pricing: Ever heard of “Fair Trade Coffee” or “Conflict Free Diamonds?” Oversupply from China and Chinese companies in low-standard countries like Indonesia are undermining the economics of projects being built outside China that are intended to create secure supply chains outside of China. This is what the mineral sourcing requirements in the IRA are about! Talon’s Todd Malan offers some observations to Fastmarkets on how the industry and governments should respond to Chinese oversupply by supporting differentiated prices for minerals produced at high standards of production (environmental protections, low CO2, labor protections) or that meet the requirements of policies like the IRA. Read full interview here: https://lnkd.in/gqXti-kB #TalonMetals #WeCanDoThis #CriticalMinerals #ResponsibleMining
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Calabar port comes alive as Chinese cargo ship berths with A/Ibom refinery consignment; Calabar port in Cross River State is roaring back to life, heralding a new era of economic activity as a Chinese cargo ship, laden with a consignment of Akwa Ibom refinery project, berth. The port, once bustling with trade, has received its first cargo from China, marking a significant milestone in the construction of a state-of-the-art refinery in Akwa Ibom State. This development not only revitalizes Calabar Port but also underscores the strategic importance of the region in the nation’s economic landscape. According to a post, the arrival of the inaugural cargo paves the way for increased trade and positions the port as a pivotal hub for future endeavors. “As the construction of the refinery in Akwa Ibom State gains momentum, the revival of Calabar Port stands as a testament to the commitment towards infrastructure development and economic growth in the region,’ the post stated. According to checks, there are two refinery projects expected to be located in Eket and Onna Local Government areas of the state. One of the refineries is being promoted by BUA Group of companies while another refinery project has witnessed a ground breaking. Please visit www.comprinternational.com. Please also download the CPI app on Apple and Google Play store. Please follow @commoditypriceinternational on instagram and Facebook for your daily prices, news and updates on commodities in Nigeria. #commodities #business #businessnews #internationaltrade #stocks #stockexchange #commoditiesexchange #nigeria #metals #solidminerals #trade #trader #oil #preciousstones #agriculture #commodity #entrepreneurship #entrepreneurs #manufacturing #finance #agroprocessing #business #madeinnigeria #lagos #kano #abuja #export #internationaltrade
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MD, Promoter for investment community in Vietnam market / Advocate for a prosperous Mekong River community
#hydro #dam #china #haunting China invests a lot to build up the mega hydro dams (circa 25,000 dams, 1/2 of global mega dams and 3x times of the number of USA) and now all of them (mega and medium sized #chinese dams all counts of 96,000 dams) are haunting back State Council of the People's Republic of China
Vì Sao Trung Quốc Sẽ Chết Vì Chính Những Siêu Đập Khổng Lồ Của Mình?
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The Minister of Lands and Natural Resources, Samuel A. Jinapor, has underscored the importance of value addition to the successful and responsible exploitation of natural resources, urging African countries to follow the blueprint being implemented by Ghana. Speaking at the Africa Prosperity Dialogues 2024 at Aburi in the Eastern Region, Mr. Jinapor gave prominence to the key role value addition can play in the economic fortunes of Africa, imploring countries to immediately institute measures that ensure that mineral resources are exploited effectively. More here | https://lnkd.in/d8HZVjWY #bftnews
Shift from ‘dig & ship’ to value addition - Jinapor to African countries
https://thebftonline.com
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Last week, Patrick Young delivered his final #keynote of 2023 in #Almaty, Kazakhstan hosted by Kazakhstan Stock Exchange: International Exchange Forum exploring the theme "The Role of Exchanges in the Transformation of Financial Markets." #Kazakhstan boasts the title of the largest landlocked nation and is home to Lake Balkhash, one of the world's largest and most unique lakes—half saline, half freshwater. Notably, It is also one of the top oil producers in the world and heavily relies on its oil industry, constituting almost 50% of the GDP. In addition, here are some more fun facts about Kazakhstan, spanning from its #financial center to #tourism and everything in between: #finance #KASE #anniversary #stockexchange
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