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Archive for the ‘International Relations’ Category

The National Economic and Development Authority Board has approved the implementation of the free trade agreement between the Philippines and Korea, marking a significant milestone in enhancing economic collaboration and trade relations. This agreement aims to reduce market barriers, foster investment opportunities, and provide expanded access to goods and services between the two countries.   […]

Europe, International Relations, News

December 17, 2024

The eurozone and European Union have showcased resilience and adaptability in their international trade activities, with October 2024 figures highlighting growth and stability despite global economic adjustments.   In the eurozone, exports of goods to the rest of the world climbed to €254 billion in October 2024, representing a 2.1% increase from the same period […]

Canada, International Relations, News

November 29, 2024

Canada is emphasizing the importance of stronger collaboration between the United States, Mexico, and Canada to create a unified approach to trade policies regarding China. Finance Minister Chrystia Freeland expressed confidence that the three nations have a valuable opportunity to align their strategies, ensuring a fair and competitive trade environment in North America.   Speaking […]

In an inspiring address at the World Trade Organization (WTO) headquarters in Geneva, European Council President Charles Michel called on the global community to embrace a path of strengthened trust, expanded trade, and institutional transformation to build a more inclusive and prosperous world. Delivered as part of the WTO’s Presidential Lecture Series on November 1, […]

Vietnam and the United Arab Emirates (UAE) have embarked on a new chapter in their trade relationship, finalizing a Comprehensive Economic Partnership Agreement (CEPA) that paves the way for increased cooperation and mutual growth. Signed by Vietnamese Prime Minister Pham Minh Chinh in Dubai, this agreement is Vietnam’s first free-trade agreement with a Middle Eastern […]

India, International Relations, News

October 19, 2024

India’s Commerce Minister, Piyush Goyal, expressed optimism on Saturday about strengthening trade ties with the United States through a proposed critical mineral partnership. Speaking at a press briefing in New Delhi, Goyal highlighted the potential for this collaboration to serve as a stepping stone towards a broader Free Trade Agreement (FTA) between the two nations. […]

International Relations, Vietnam

October 8, 2024

Vietnam has reached a significant milestone by upgrading its diplomatic relations with France to a “comprehensive strategic partnership.” This notable achievement was announced during Vietnamese President To Lam’s recent visit to Paris, highlighting Vietnam’s growing importance in global supply chains and its skillful navigation of international relations through its flexible foreign policy, often referred to […]

During a significant state visit to India, Vietnamese Prime Minister Phạm Minh Chính and Indian Prime Minister Narendra Modi engaged in meaningful discussions following a formal welcome at the Presidential Palace. The meeting underscored the deep and enduring relationship between the two nations, with a focus on expanding collaboration across several key sectors. Prime Minister […]

China has unveiled a groundbreaking visa-free travel initiative, set to catalyze trade relations with six nations. Foreign Minister Wang Yi announced the move on March 14, extending the privilege to citizens of Switzerland, Ireland, Hungary, Australia, Belgium, and Luxembourg.   This strategic decision not only promotes tourism but also lays the groundwork for enhanced trade […]

International Relations, News

March 5, 2024

Government officials from WTO member countries and observer nations eligible for technical assistance are encouraged to apply for the 2024 Advanced Global Workshop on the Agreement on Government Procurement (GPA) 2012. Scheduled from April 29 to May 3, 2024, the workshop aims to enhance participants’ understanding of key issues related to government procurement, international trade, […]

During a recent joint news conference, Polish Foreign Minister Radoslaw Sikorski and British Foreign Secretary David Cameron made a unified appeal to the U.S. Congress to adopt an aid package for Ukraine. The aid package, aimed at providing essential funding, is crucial for supporting Ukraine’s ongoing efforts.   U.S. President Joe Biden and other top […]

International Relations, News, Singapore

February 15, 2024

Official data released on Friday revealed a robust growth in Singapore’s non-oil domestic exports, registering a notable increase of 16.8% compared to the same period last year. This growth, outperforming expectations, was supported by gains in both electronic and non-electronic products.   The substantial rise in exports in January, exceeding the forecasted 5.4% growth from […]

In a significant step towards bolstering their defense cooperation, the Philippines and Canada formally signed a memorandum of understanding on Friday, with Manila’s defense minister expressing optimism that this agreement could pave the way for a troop pact between the two nations.   Defense Secretary Gilberto Teodoro highlighted the strong intention on both sides to […]

India and France have solidified their commitment to collaborate on joint defense production, encompassing helicopters, submarines, and more, both for the Indian armed forces and friendly nations, according to a government statement issued following French President Emmanuel Macron’s visit.   President Macron’s visit included meetings with Prime Minister Narendra Modi and attendance at a state […]

International Relations, News

January 26, 2024

Cabo Verde, an ocean state with a substantial maritime area, has officially deposited its instrument of acceptance for the Agreement on Fisheries Subsidies on January 26th. Ambassador Clara Manuela da Luz Delgado Jesus presented Cabo Verde’s acceptance to Director-General Ngozi Okonjo-Iweala. The Agreement is seen as crucial for Cabo Verde, as 80% of its population […]