#India: #RBI tweaks rules to deter stressed #exporters repay rupee loans

From April 1, all the restructured loans necessarily need to be classified as NPAs and the relative provisioning at banks would be 15% of the loan outstanding.

KOLKATA: Reserve Bank of India has tweaked rules to deter exporters from using long term export advances merely to refinance rupee loans, instead of executing long term supply contracts for export of goods... (Read more)

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#Ireland: #Exporters showcase #Irishmeat at major gastro event in #Lyon

Bord Bia and six meat firms exhibit at biennial Sirha gathering in France’s gastro capital

Eoin Burke-Kennedy

Bord Bia and six of the State’s biggest meat exporters are exhibiting their culinary wares at a major food trade fair in Lyon, the gastro capital of France, this week.

The biennial Sirha gathering, which started on Saturday and runs until Wednesday, is one of the industry’s biggest events, with over 200,000 visitors, including 19,000 international chefs, expected to attend... (Read more)

EXTERNAL EXPANSION LTD., www.externalexpansion.net

#Ireland: #Exporters told to look to #Africa for #newopportunities

Africa Ireland Economic Forum delegates told that trade is expected to soar over coming years

Minister for Development and Trade Promotion Seán Sherlock said exports from Ireland have increased by approximately 25 per cent in recent years

Trade between Ireland and Africa is expected to reach €24 billion by 2020 as more than one in ten Irish chief executives look to target business opportunities in the region.

Speaking at the opening of the Africa Ireland Economic Forum in Dublin on Thursday, Minister for Development and Trade Promotion Seán Sherlock said exports from Ireland have increased by approximately 25 per cent in recent years while imports from sub-Saharan African countries have doubled... (Read more)

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