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Archive for the ‘Countries’ Category

Indo-Pacific Partners Reach Agreement on Clean Energy and Anti-Corruption Measures

Indonesia, International Trade, News

November 16, 2023

In a significant development during the Asia Pacific Economic Cooperation (APEC) leaders’ summit in San Francisco, countries belonging to the U.S.-led Indo-Pacific Economic Framework (IPEF) announced consensus on two key pillars of the initiative. These pillars revolve around cooperation in clean energy and anti-corruption measures. Additionally, ministers from the 14 IPEF nations formally signed the […]

Mexico and China Strengthen Ties, Pledge to Boost Trade and Investment

China, International Trade, Mexico, News

November 16, 2023

During a meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, leaders of Mexico and China reaffirmed their commitment to enhancing their bilateral relationship. They pledged to work together to strengthen ties, combat illegal drug trafficking, and promote increased trade and investment between their nations. Chinese President Xi Jinping […]

Uzbekistan Accelerates WTO Accession Talks, Showcases Strong Commitment

News, Trade Agreements, Uzbekistan

November 16, 2023

In a significant move to expedite its World Trade Organization (WTO) accession, Uzbekistan has injected fresh vigor into the negotiation process, as highlighted in the recent meeting of the Working Party on the Accession of Uzbekistan on November 16. The Uzbek Government’s enhanced efforts, marked by reinforced domestic institutions, earned praises from WTO members. […]

Japan and China Forge Path to Trade Cooperation in Effort to Mend Relations

China, Japan, News, Trade Relations

November 15, 2023

In a significant development, Japanese and Chinese trade ministers have come to an agreement to establish a framework for discussions on export controls, signaling a renewed commitment to economic cooperation following a period of strained relations between the two neighboring nations. Japanese Trade Minister Yasutoshi Nishimura expressed optimism about the potential of these talks […]

UKÃ¢â‚¬â„¢s Badenoch to Participate in CPTPP Meeting at APEC Summit

News, Trade Agreements, United Kingdom

November 14, 2023

British Business and Trade Secretary Kemi Badenoch is set to attend a meeting of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. This marks the United Kingdom’s inaugural participation in a CPTPP meeting following its accession to the trade bloc in […]

Mexican President to Engage with Chinese and U.S. Counterparts at APEC Summit

Bilateral Trade Relation, China, News, United States

November 14, 2023

In a significant diplomatic development, Mexican President Andres Manuel Lopez Obrador is slated to meet Chinese President Xi Jinping during the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. This high-level meeting signifies a rare international trip for President Lopez Obrador, who has predominantly focused on domestic matters. Additionally, the Mexican President is scheduled […]

UK and Florida Strengthen Trade Ties, Eye Broader US Deal

News, Trade Agreements, United Kingdom

November 14, 2023

In a significant move to bolster trade and investment ties, British Business and Trade Secretary Kemi Badenoch signed a memorandum of understanding with Florida Governor Ron DeSantis. This collaborative effort aims to enhance business relations between the United Kingdom and Florida, the fourth largest U.S. state. Badenoch expressed optimism about ongoing negotiations with the U.S. […]

Australia Anticipates Easing of Trade Barriers with China

Australia, China, International Trade, News

November 14, 2023

Australia expressed optimism on the potential removal of all remaining trade barriers with China by the upcoming month, highlighting improving relations between the two significant trading partners. This positive outlook follows Prime Minister Anthony Albanese’s recent visit to Beijing. The Albanese administration has been proactive in mending Australia’s relationship with China since taking office […]

U.S. Initiates Purchase of 1.2 million Barrels of Oil for Strategic Petroleum Reserve

Geopolitics, News, United States

November 13, 2023

The United States has unveiled plans to acquire 1.2 million barrels of oil, aiming to replenish its Strategic Petroleum Reserve (SPR). The announcement was made by the Department of Energy on Monday. According to the department, the intended purchase involves sourcing oil at an average price of $77.57 per barrel from two companies, following […]

Singapore and Malaysia Forge Ahead with Joint Special Economic Zone in Johor State

Bilateral Trade Relation, Malaysia, News, Singapore

November 13, 2023

Singapore and Malaysia have embarked on a collaborative endeavor to establish a Special Economic Zone (SEZ) in Malaysia’s Johor state, strategically located adjacent to the Singaporean border. This initiative aims to fortify economic ties and bolster connectivity between the two nations, especially in the face of global economic challenges. Malaysia has set a tight deadline […]

U.S. Commerce Chief Raimondo to Hold Talks with Chinese Counterpart Wang at APEC

News, Trade Relations, United States

November 13, 2023

In the midst of high-stakes negotiations between U.S. President Joe Biden and Chinese President Xi Jinping, the commerce chiefs of the United States and China are set to convene at the Asia Pacific Economic Cooperation (APEC) forum this week. A spokesperson from the U.S. Commerce Department confirmed that U.S. Commerce Secretary Gina Raimondo […]

Biden and Indonesian President Prepare for High-Stakes Summit Ahead of Xi Meeting

Geopolitics, Indonesia, News

November 13, 2023

Leaders from the United States and Indonesia are gearing up for a pivotal meeting that will set the stage for a much-anticipated face-to-face encounter between U.S. President Joe Biden and Chinese leader Xi Jinping. On Monday, President Biden will host his Indonesian counterpart, Joko Widodo, at the White House, as both leaders prepare for the […]

Indonesia Anticipated to Sustain Trade Surplus in October

Indonesia, International Trade, News

November 13, 2023

Indonesia is expected to maintain its trade surplus at $3 billion in October, according to a Reuters poll conducted between November 8 and November 14. This figure represents a slight narrowing compared to the previous month’s surplus of $3.42 billion. The Southeast Asian nation has experienced a weakening trade surplus in recent months, primarily attributed […]

China and EU Commerce Officials Engage in Fruitful Discussions on Trade Relations, EVs, and More

China, Europe, International Trade, News

November 12, 2023

In a significant development, China’s Commerce Minister, Wang Wentao, engaged in substantive discussions with Thierry Breton, the EU’s industry chief, on various crucial topics related to China-EU trade relations and technological cooperation. The talks, described as “in-depth,” covered a wide range of issues, highlighting the growing importance of the China-EU economic relationship on the global […]

US and Indonesia Explore Potential Partnership for EV Mineral Trade

Indonesia, International Trade, News, United States

November 12, 2023

In a significant development, the United States and Indonesia are set to engage in discussions regarding a potential minerals partnership focused on boosting the trade of nickel, a crucial component in electric vehicle (EV) batteries. The talks are slated to take place as Indonesian President Joko Widodo visits the White House for a meeting with […]

Ukraine Boosts Grain Deliveries to Black Sea Ports Through Successful Export Corridor

Agricultural Trade, News, Ukrain

November 10, 2023

In a recent development, Ukraine has witnessed a significant increase in the number of rail wagons transporting grains to the ports in the Odesa region. This positive trend is attributed to the successful operation of an alternative Black Sea export corridor, as reported by a senior official from Ukrainian Railways. Valeriy Tkachov, the Deputy […]

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