Archive for the ‘International Trade’ Category

India, International Trade, News

November 21, 2024

India is rapidly emerging as a key player in the global solar export market, showcasing its growing manufacturing capabilities and strengthening its position in renewable energy trade. As demand for clean energy solutions increases worldwide, India’s solar module exports are on the rise, offering exciting opportunities for growth in both domestic and international markets.   […]

International Trade, News, Poland

November 18, 2024

Poland has announced a significant step toward enhancing its industrial capabilities by signing a letter of intent with key domestic companies to manufacture essential materials for ammunition production. The initiative aims to boost local expertise and reduce reliance on imported components, positioning Poland as a key player in the defense manufacturing sector.   “This is […]

India, International Trade, News, Nigeria

November 17, 2024

Nigeria and India have strengthened their economic and strategic partnership, focusing on maritime security, intelligence collaboration, and economic development. The announcement followed Indian Prime Minister Narendra Modi’s landmark visit to Nigeria, marking the first such visit by an Indian premier in 17 years, at the invitation of President Bola Tinubu.   During their discussions at […]

International Trade, Japan, News

November 13, 2024

Japan is preparing to reinstate subsidies for electricity and gas prices from January, a proactive measure aimed at supporting households and energizing the broader economy in response to rising fuel costs. Expected to continue through March, these subsidies are poised to not only ease financial pressures on consumers but also stimulate economic activity—a move that […]

Europe, International Trade

November 11, 2024

Trade in agricultural products between the European Union (EU) and South Korea is set to become more efficient with the recent agreement on digitalizing procedures.   The European Commission and South Korea have signed an administrative arrangement that focuses on electronic health certification and harmonizing certificates for the export of agricultural goods from the EU […]

In a significant move reflecting the intricate dynamics of global trade relations, South Korea called upon the United States to provide clarity and resolution pertaining to uncertainties in U.S. export controls within the semiconductor sector, as well as conditions surrounding subsidies for chip investment. This request, articulated by Industry Minister Bang Moon-kyu during a meeting […]

China, International Trade, News

November 5, 2024

At the Hongqiao International Economic Forum in Shanghai on November 5, World Trade Organization Deputy Director-General Johanna Hill underscored the transformative potential of international trade in promoting global prosperity and resilience. Speaking at a session titled “China and 30 Years of the World Trade Organization: History and Evolution,” Hill praised the critical role of trade […]

Bangladesh, International Trade, News

November 4, 2024

In a proactive move to enhance its textile export capabilities, Bangladesh has started rerouting its shipments through the Maldives, marking a significant development in its trade strategy. This initiative aims to streamline logistics, better manage supply chains, and ensure timely delivery of products to global markets.   As the world’s second-largest garment producer, Bangladesh plays […]

International Trade, News, Philippines

October 28, 2024

The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is excited to announce its target of a 5% increase in exports for the upcoming year, driven by proactive inventory corrections and a surge in new investments.   SEIPI President Danilo C. Lachica shared this optimistic outlook during the 13th Arangkada Philippines Forum 2024, […]