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Archive for the ‘International Trade’ Category

South Korea and Singapore Set to Strengthen Trade Relations Through Strategic Partnership

International Trade, Singapore, South Korea

October 8, 2024

In a significant advancement for trade and regional cooperation, South Korea and Singapore have announced their intention to establish a strategic partnership in 2025, coinciding with the 50th anniversary of their diplomatic relations. This exciting development was unveiled during a joint press conference by South Korean President Yoon Suk Yeol and Singapore’s Prime Minister Lawrence […]

China’s Global Cleantech Investments Exceed $100 Billion, Driving International Trade Opportunities

International Trade

October 2, 2024

Chinese investments in clean energy technology abroad have surpassed $100 billion since 2023, marking a significant boost for global trade and collaboration in the cleantech sector, according to research from Climate Energy Finance (CEF). This surge highlights China’s expanding role in supporting the global transition to sustainable energy, with its overseas projects driving growth in […]

Brazil’s Fruit Export Industry Poised for Growth, Tapping into Global Demand

Brazil, International Trade

October 2, 2024

Brazil, a global leader in fruit production, is gearing up to expand its presence in the international market. While the country contributed less than 1% to global fruit exports last year, with $1.2 billion in exports, there is immense potential for growth. As the third-largest fruit producer worldwide, Brazil’s abundant supply of tropical fruits like [...]

South Korea’s September Exports Reach New Heights, Signifying Strong Trade Momentum

International Trade, News, South Korea

October 1, 2024

In a remarkable display of economic resilience, South Korea’s exports surged 7.5% year-on-year in September, totaling a record $58.77 billion. This outstanding performance marks the 12th consecutive month of growth, reflecting the nation’s strong position in global trade.   Leading the charge were the semiconductor and automobile sectors, which achieved all-time highs. Semiconductor exports soared […]

Belgian Pork Exports Thrive in the UK, Showcasing Resilience and Adaptability

International Trade, News, United Kingdom

October 1, 2024

Belgian pork exports continue to flourish in the UK, proving their resilience and adaptability in the face of evolving trade landscapes and consumer preferences. Valued for its premium quality, Belgian pork has solidified its presence in the UK market, navigating past challenges such as Brexit and changing regulations, while maintaining strong trade relations with British […]

Smartphone Exports Propel India as Top Product Exporter to the U.S.

India, International Trade, News

September 30, 2024

India’s smartphone exports have emerged as the country’s leading product export to the United States, surpassing traditional sectors like diamond exports. This significant milestone highlights India’s expanding role in the global technology trade and showcases the country’s commitment to enhancing its manufacturing capabilities.   The trend began earlier this year when smartphone exports reached impressive […]

Vietnam Becomes Top ASEAN Exporter to EU, Boosted by Trade Agreement

International Trade, News, Vietnam

August 2, 2024

Vietnam has achieved a notable milestone as the leading ASEAN exporter to the European Union, showcasing the benefits of the EU-Vietnam Free Trade Agreement (EVFTA). This economic partnership has significantly contributed to growth, job creation, and enhanced access to European goods for Vietnamese consumers over the past four years.   The phased reduction of import […]

India Expands Export Channels to Maldives with New Port Approvals

India, International Trade, News

August 2, 2024

In a significant development aimed at strengthening trade relations, the Indian government has announced that essential commodities previously subject to restrictions can now be exported to the Maldives from Kandla and Vishakhapatnam ports. This update, applicable for the financial year 2024-25, brings the total number of ports authorized for these exports to six. The Directorate […]

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