Archive for the ‘Ukrain’ Category

The International Trade Council is urging for a full embargo on Russian energy imports, in order to support Ukraine amidst the ongoing conflict with Russia. Ukraine’s Finance Minister, Sergeii Marchenko, stated that the embargo would make it harder for Russia to finance their military needs, whilst also levelling the playing field between the two countries. […]

International Trade, News, Ukrain

April 26, 2022

April 26, 2022 – The International Trade Council (ITC) is concerned about the impact of the Ukraine-Russia war on global commodity prices, with the World Bank forecasting the “largest commodity shock” since the 1970s. The ITC acknowledges the warning from the World Bank and is supportive of Ukraine as it faces this challenging situation.   […]

News, Supply Chain, Ukrain

March 10, 2022

International Trade Council expresses its support for Ukraine amidst the catastrophic impact of the ongoing war on the country’s economy. The World Bank recently warned that the war in Ukraine would cut global economic growth, and the president of the World Bank, David Malpass, has called it “a catastrophe” for the world. The International Trade […]

The International Trade Council stands in solidarity with Ukraine in the face of ongoing attacks from Russia, as Canadian Deputy Prime Minister Chrystia Freeland announces the country is stripping Russia and Belarus of their status as “most favoured nation” trading partners.   “We strongly condemn Russia’s invasion of Ukraine and support Canada’s move to impose […]