Search
Become a Member

Author Archive

EU Agrees on Looser Fiscal Rules to Cut Debt, Boost Investments

Economic Policy, Europe, News

February 10, 2024

In a significant development, EU member states and Members of the European Parliament (MEPs) have reached a preliminary agreement to ease the bloc’s stringent fiscal regulations. This accord provides governments with additional flexibility in managing debt and offers incentives to bolster public investments, particularly in climate initiatives, industrial policies, and security measures.   The revision […]

US Lawmakers Advocate for Export Control Measures on Social Media Platform

News, Technology Trade Policy, United States

February 8, 2024

In a bipartisan effort, a group of 15 US lawmakers has urged the Commerce Department to consider placing a China-based parent company of a popular social media platform on the government’s export control list. Led by Representative Dan Crenshaw and Representative Josh Gottheimer, the lawmakers emphasized the need to address potential vulnerabilities stemming from the […]

Finland Boosts Developing Economies’ Trade Participation with EUR 1.2 million Contribution

International Trade, News

February 8, 2024

In a significant move to bolster developing economies’ engagement in global trade, Finland has pledged EUR 1.2 million (CHF 1.14 million) to four World Trade Organization (WTO) trust funds. This initiative aims to support developing countries and least-developed country (LDC) members in better understanding and applying international trade regulations.   During a signing ceremony at […]

Korea’s Trade Surplus Hits Record High, Exceeding Expectations

News, Trade Relations

February 7, 2024

In a significant economic update, Korea has revealed a current account surplus surpassing $35 billion for the previous year, outstripping initial projections. The data, released by the Bank of Korea (BOK), indicates a robust 37% increase from the prior year, with December marking the eighth consecutive month of surplus, reaching $7.41 billion. This growth is […]

Britain Extends Tariff-Free Trade Agreement with Ukraine

News, Trade Agreements, Ukrain

February 7, 2024

In a significant development, Britain has announced the extension of tariff-free trade with Ukraine until 2029, extending crucial support to Kyiv in light of recent events.   Following the conflict in the region two years ago, Britain abolished tariffs on all trade with Ukraine. Initially slated to end in March 2024, the agreement has now […]

US Poised to Surpass China as Germany’s Top Trade Partner

China, News, Trade Relations, United States

February 7, 2024

According to the head of foreign trade at the German Chamber of Industry and Commerce (DIHK), current trends suggest that the United States is on track to overtake China as Germany’s primary trade partner by 2025, at the latest.   Preliminary data from the Federal Statistics Office indicates that German exports and imports to China […]

German Industrial Orders Surge Unexpectedly in December

Germany, Manufacturing, News

February 6, 2024

In a surprising turn of events, German industrial orders experienced a significant upswing in December, marking the most substantial month-on-month increase in over three years. The surge, fueled by a remarkable influx of aircraft orders, was reported by the federal statistics office on Tuesday.   Orders soared by 8.9% compared to the previous month, after […]

Global Efforts in Trade and Development Highlighted at WTO Meeting

Global Trade, News

February 6, 2024

The World Trade Organization (WTO) recently convened to discuss ongoing initiatives aimed at promoting trade and development worldwide. The upcoming Aid for Trade Global Review, scheduled for June 26 to 28, will focus on integrating trade into development strategies under the theme of “Mainstreaming Trade”.   The biennial Global Review serves as a critical platform […]

China’s Robust Commodity Imports Signal Strong Start to New Year

China, Global Trade, News

February 6, 2024

China has kicked off the new year with a surge in imports across major commodities, indicating a robust beginning amid economic caution surrounding the Lunar New Year holidays.   Despite the upcoming Lunar New Year falling in February this year, traders and end-users seem to have accelerated purchases in January. The week-long holidays, from Feb. […]

China Strengthens NEV Industry Amidst Global Trade Scrutiny

China, Global Trade, News

February 6, 2024

In response to recent global trade regulations and inquiries, the Ministry of Commerce has unveiled proactive measures to bolster the new energy vehicle (NEV) sector. Emphasizing collaboration with international partners, the guidelines aim to enhance global cooperation while navigating challenges such as ongoing investigations into subsidies for the NEV industry.   Encouraging NEV manufacturers to […]

Agro-Forestry-Fishery Exports in January See Impressive 80% Surge

Agricultural Trade, News

February 5, 2024

Vietnam’s agro-forestry-fishery exports have kicked off the year on a remarkable note, with January witnessing an outstanding 80% increase in exports compared to the same month last year. According to the Ministry of Agriculture and Rural Development (MARD), the total export value in January reached $5.14 billion, while imports amounted to $3.72 billion, resulting in […]

«1617Page 18 of 601920»

Important Disclaimer: The International Trade Council is not affiliated in any way with the International Trade Centre. The International Trade Centre is a joint subsidiary organ of the United Nations (acting through UNCTAD) and the World Trade Organization. The International Trade Council is an independent peak-body chamber of commerce acting on behalf of its member businesses and governments. If you are looking for the International Trade Centre, please visit www.intracen.org.