Archive for the ‘International Trade’ Category

International Trade, News, Norway

April 3, 2025

Norway is taking steps to initiate discussions with the United States regarding the recently imposed tariffs, in an effort to maintain and enhance trade relations between the two countries. Prime Minister Jonas Gahr Stoere expressed the government’s commitment to engaging in constructive talks with U.S. officials, seeking a resolution that benefits both parties.   The […]

South Africa is taking proactive steps to strengthen its trade relationship with the United States, emphasizing the need for a new bilateral agreement that fosters economic growth and long-term stability.   Following recent adjustments in U.S. tariffs, South African officials see an opportunity to engage in discussions that promote a balanced and mutually beneficial trade […]

Canada, International Trade, News

April 2, 2025

Canada is reinforcing its commitment to a strong and balanced trade environment as it prepares strategic measures in response to recent U.S. tariff adjustments. The government aims to safeguard industries, support businesses, and maintain stable trade relations that foster economic growth.   Prime Minister Mark Carney underscored the importance of decisive action, stating, “It’s essential […]

International Trade, Japan, News

March 26, 2025

Japan is taking proactive steps to ensure stability and strengthen its trade relations following the U.S. government’s announcement of a 25% tariff on automobile imports. Prime Minister Shigeru Ishiba reaffirmed Japan’s dedication to fostering strong economic ties and supporting industries that contribute significantly to global trade.   As one of the largest investors in the […]

At the FT Commodities Global Summit in Lausanne, Switzerland, industry leaders expressed confidence in a well-supplied global oil market, reinforcing stability for international trade and economic growth. Executives emphasized that balanced production levels and efficient supply chains are contributing to steady pricing trends, supporting businesses and industries worldwide.   With additional supply expected in the […]

China, International Trade, News

March 25, 2025

China’s Commerce Minister recently met with a global aviation leader to discuss expanding cooperation in the industry, reinforcing strong trade and economic ties. The discussions focused on fostering a stable and resilient aviation sector while promoting international collaboration to support global market growth.   The minister emphasized the importance of strengthening partnerships to enhance trade […]

Indonesia is seizing new opportunities in the global modest fashion industry by expanding exports to Saudi Arabia, reinforcing its position as a key player in international trade. With the modest fashion sector experiencing rapid growth, Indonesia is strategically tapping into the Middle Eastern market to strengthen its export potential and economic partnerships.   As the […]

India, International Trade, News

February 25, 2025

India is taking proactive steps to enhance its domestic steel supply chain by considering an extension of import restrictions on low-ash metallurgical coke (met coke). This initiative aims to boost local production and strengthen the country’s self-sufficiency in steelmaking.   Earlier this year, India introduced country-specific quotas, limiting total met coke imports to 1.4 million […]

China, International Trade, News

February 23, 2025

The global satellite internet sector is experiencing a surge in innovation and expansion, as leading companies and emerging players invest in advanced digital infrastructure to enhance connectivity worldwide. This growing industry is opening new trade opportunities, fostering international partnerships, and improving access to high-speed internet in remote and underserved regions.   China’s SpaceSail has been […]

International Trade, News, South Korea

February 20, 2025

Japan is exploring opportunities to increase its imports of natural gas from the United States, reinforcing trade ties and enhancing energy security in the region. Recent discussions between Japanese and U.S. officials highlighted the potential of expanding natural gas trade, which could support economic growth and strengthen global supply chains.   A key focus of […]

South Africa has launched a safeguard investigation into the import of certain flat-rolled steel products, demonstrating its commitment to maintaining a balanced and competitive steel market. This initiative, formally notified to the World Trade Organization’s (WTO) Committee on Safeguards on 3 February 2025, seeks to assess the impact of rising imports on domestic producers while […]

China, International Trade, News

January 27, 2025

At the recent World Trade Organization (WTO) Dispute Settlement Body (DSB) meeting on January 27, 2025, China formally requested the establishment of a dispute panel to examine measures adopted by Turkey regarding electric vehicles (EVs) and certain other types of vehicles imported from China. This request follows consultations in November 2024 that were unable to […]

International Trade, News, South Korea

January 19, 2025

In response to potential changes in global trade dynamics, South Korea is making strategic moves to bolster its export sector and ensure the stability of its supply chains. The government has announced a significant increase in financing support for exporters, allocating a record 360 trillion won ($247.74 billion) in policy financing through state-run banks and […]

Germany, International Trade, News

January 15, 2025

Germany continues to bolster its support for sustainable trade by contributing EUR 600,000 (approximately CHF 560,000) to the Standards and Trade Development Facility (STDF). This contribution is part of a multi-year agreement aimed at enhancing the ability of developing economies and least-developed countries (LDCs) to meet international food safety, animal, and plant health standards. Through […]

Africa, International Trade, News

December 17, 2024

Efforts to boost trade and connectivity with African nations are gaining momentum, focusing on fostering mutually beneficial agreements and enhancing infrastructure links across the region. Recent discussions among key economic leaders have emphasized the importance of balanced trade agreements and regional collaboration to support economic growth.   New trade initiatives aim to create equitable agreements […]