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Archive for the ‘Countries’ Category

U.S. Deputy National Security Advisor Discusses Economy and Investment in Argentina

Argentina, Economic Relations, News, United States

December 13, 2023

In a move to strengthen ties and collaboration between the United States and Argentina, Deputy National Security Advisor Mike Pyle held discussions with senior members of the administration of Argentine President Javier Milei. The talks focused on Argentina’s economic plans and opportunities for U.S. investment in the South American nation.   During his visit to […]

Indonesia’s Forward-Thinking Tax Incentives Spark Surge in Electric Vehicle Investment

Indonesia, News, Sustainability

December 13, 2023

In a strategic move to bolster investments in the electric vehicle (EV) sector, Indonesia has introduced a range of tax incentives, unveiling its commitment to becoming a significant player in the global EV market. The recent presidential regulation, signed on December 8 and made public this week, is a signal of Jakarta’s proactive approach to […]

U.S. Congressional Committee Unveils 2024 Legislative Agenda for Balancing Economic Ties with China

China, News, Trade Policy, United States

December 12, 2023

In a bipartisan effort, a U.S. congressional committee has issued an extensive set of recommendations aimed at reshaping America’s economic relationship with China. These legislative proposals for 2024 are intended to prevent the United States from becoming overly dependent on its primary geopolitical rival and to safeguard its economic interests.   The comprehensive recommendations put […]

Brazil Secures $10 Billion in Funding from Banks for South American Integration Projects

Brazil, News, Trade Policy

December 12, 2023

In a significant move aimed at advancing South American integration and enhancing trade while reducing transportation time to Asia, the Brazilian government has successfully orchestrated the raising of $10 billion from multilateral and development banks for infrastructure projects.   The Brazilian development bank, BNDES, is set to contribute $3 billion to this endeavor, primarily for […]

Chile Formally Embraces Fisheries Subsidies Agreement, Boosting Global Conservation Efforts

Chile, News, Trade Policy

December 12, 2023

Chile has taken a significant step in the realm of international trade and environmental conservation by formally accepting the Agreement on Fisheries Subsidies. On December 12th, Chile’s Undersecretary of International Economic Relations, Claudia Sanhueza Riveros, presented the instrument of acceptance to Director-General Ngozi Okonjo-Iweala at the World Trade Organization (WTO).   Director-General Okonjo-Iweala welcomed Chile’s […]

China’s President Xi Jinping Visits Vietnam to Strengthen Economic Ties

Bilateral Trade Relation, China, News, Vietnam

December 11, 2023

Chinese President Xi Jinping has embarked on a two-day visit to Vietnam, seeking to bolster economic relations between the two nations. This visit follows U.S. President Joe Biden’s recent trip to Hanoi, highlighting the competition for influence in Southeast Asia between the world’s two major powers.   Xi’s visit, his first in six years, has […]

Taiwan Central Bank Expected to Maintain Steady Policy in 2024 Amid Cooling Inflation

Economic Policy, News, Taiwan

December 11, 2023

Taiwan’s central bank is anticipated to maintain its current policy rate this week and throughout the entirety of 2024, as inflation gradually eases, according to a recent survey of economists conducted by Reuters. It is expected that the central bank will leave the benchmark discount rate unchanged at 1.875% during its upcoming quarterly meeting, with […]

Turkey Expresses Concern Over Link Between Drone-Camera Exports and Sweden’s NATO Membership

International Relations, News, Turkey

December 8, 2023

Turkish President Tayyip Erdogan has voiced concerns over a reported linkage between the export of drone cameras to Turkey and Sweden’s NATO membership bid, involving Canada and the United States. In an interview transcript released on Friday, Erdogan highlighted that both Canada and the United States were stipulating that Ankara ratify Sweden’s NATO membership bid […]

U.S. Secretary Raimondo Holds Positive Discussion with Turkey’s Minister of Trade Omer Bolat

International Relations, News, Turkey, United States

December 8, 2023

In a significant diplomatic exchange, U.S. Secretary of Commerce, Gina M. Raimondo, held a productive conversation with Turkey’s Minister of Trade, Omer Bolat, with the aim of reinforcing bilateral and commercial ties between the two nations.   Secretary Raimondo warmly congratulated Minister Bolat on his recent appointment and conveyed the Department’s unwavering commitment to enhancing […]

Romania’s Ambitious Plan to Elevate Ukraine’s Grain Transit Nears Fruition

Geopolitics, News, Ukrain

December 7, 2023

In a promising development, Romania is steadily progressing toward its goal of enhancing the monthly transit capacity for Ukrainian grain through the Black Sea port of Constanta to an impressive four million metric tons, according to statements made by the country’s Transport Minister. The announcement comes in the wake of a meeting that brought together […]

US and Mexico Collaborate to Strengthen Investment Security Screening

International Trade, Mexico, News, United States

December 7, 2023

In a significant move aimed at bolstering national security, the U.S. Treasury has announced a formal agreement with Mexico’s finance ministry to cooperate on enhancing the screening of foreign investments. This collaborative effort includes the regular exchange of information regarding best practices in investment security.   The Biden administration has been actively promoting Mexico as […]

Chinese President Xi Jinping to Strengthen Ties with Vietnam during Upcoming Visit

International Relations, News, Vietnam

December 7, 2023

China’s President Xi Jinping is scheduled to visit Vietnam on December 12-13, with the aim of meeting top state officials and further enhancing the bilateral relations between the two nations, as announced by the Chinese foreign ministry.   During the visit, discussions will center on a range of key areas, including political security, multilateral cooperation, […]

EU and African Nations Collaborate on WTO Reform to Address Chinese Market Influence

Africa, Europe, International Trade, News

December 6, 2023

In a recent study conducted by the German Economic Institute (IW), it has been suggested that the European Union (EU) should collaborate with African countries to revamp the World Trade Organization’s (WTO) subsidy regulations. This strategic move aims to counteract market distortions caused by China’s subsidies and its diplomatic influence.   The IW, a respected […]

China’s November Trade Data Highlights Mixed Signals in Global Commerce

China, International Trade, News

December 6, 2023

In a recent report released by Chinese customs authorities, it was revealed that China’s exports in November experienced a modest increase of 0.5% compared to the same period in the previous year. Simultaneously, imports registered a slight decline of 0.6%, presenting an intriguing snapshot of China’s trade dynamics.   This unexpected performance in the export […]

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