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Japan’s move to lower South Korea trade status takes effect

TOKYO (AP) — Japan’s downgrading of South Korea’s trade status took effect Wednesday, a decision that has already set off a series of reactions hurting bilateral relations. Japanese manufacturers now must apply for approval for each technology-related contract for South Korean export, rather than the simpler checks granted a preferential trade partner, which is still […]

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Russia eyes to send business mission in Palau

Russian Federation Ambassador to Palau Igor Khovaev (left) with State Minister Faustina Rehuher-Marugg (right) during his courtesy call on March 18. (Photo Courtesy of the Russian Embassy in the Philippines) The Russian Federation is eyeing to send a Russian delegation to Palau to explore possible business opportunities here. In an exclusive interview with Island Times, […]

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Japanese Parliamentary Vice Minister vows to help bring back direct flight between Palau, Japan

Japanese Parliamentary Vice-Minister for Foreign Affairs Norikazu Suzuki told the media that he will help in bringing back the regular direct flights between Palau and Japan after realizing its importance. Suzuki, who visited Palau for the first time to attend the Palau-Japan Trade, Investment, and Tourism Seminar that was held on December 4 at the […]

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Palau, Japan to jointly host tourism, trade seminar

Palau and Japan will jointly conduct a seminar on Dec. 4 covering a wide range of issues, from trade, investment, tourism, transportation, energy, aquaculture and agriculture. On the Japan side, Parliamentary Vice-Minister for Foreign Affairs Norikazu Suzuki will lead the delegation of the Japanese economic mission taking part in the Japan and Palau Trade, Investment […]

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Taiwan agri products officially hit Palau’s market

The first shipment of imported agricultural products from Taiwan had arrived in Palau on Tuesday, November 20, at the Surangel and Sons Shopping Center, hence, commencing the agricultural trade between the two countries. Fresh agricultural products such as fruits and vegetables are now available for the public to purchase at the shopping center which is […]

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Agri trade with Taiwan officially opens after eight years since first attempt

Expect fresher agricultural products to hit the market come November with the arrival of the first shipment of vegetables and fruits from Taiwan as the result of the official opening of agricultural  trade with Palau that took eight years to make. Agriculture Director Fernando Sengebau said in an interview with Island Times yesterday evening that […]

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