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Archive for the ‘News’ Category

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 [...]

U.S. Commerce Department Announces New Duties on Solar Imports from Southeast Asia

News, Trade and Commerce, United States

October 1, 2024

In a significant move to promote fair trade and bolster domestic solar manufacturing, the U.S. Commerce Department has introduced preliminary countervailing duties on solar cell imports from Vietnam, Cambodia, Malaysia, and Thailand. These measures aim to ensure a level playing field for U.S. solar producers, safeguarding billions of dollars in American investments while encouraging healthy […]

Uzbekistan’s Plum Exports Reach $24.3 Million, Strengthening Global Trade Relations

Agricultural Trade, News, Uzbekistan

October 1, 2024

Uzbekistan’s plum exports have surged this year, with revenues reaching $24.3 million between January and August 2024. This marks a $4.1 million increase compared to the same period last year, showcasing the country’s growing influence in global trade. According to the Uzbekistan Statistics Agency, 30.1 thousand tons of plums were exported to 12 countries, highlighting […]

Kazakhstan Explores Opportunities to Expand Gas Exports to China

Energy Trade, Kazakhstan, News

October 1, 2024

Kazakhstan is actively exploring ways to enhance its gas exports to China, with plans for a potential new pipeline to increase capacity. This initiative highlights the country’s growing importance in the regional energy market and reflects its commitment to fostering international trade.   Despite challenges in the global economy, demand for gas in China continues […]

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 […]

Cargo Operations Resume at Major U.S. Trade Hub, Ensuring Continued Flow of Global Goods

Logistics, News, United States

September 30, 2024

  Cargo operations at a key U.S. trade hub are back in full swing after a brief disruption caused by an overturned tractor-trailer carrying lithium batteries. The quick and efficient response ensured that the flow of global goods through the port was minimally impacted, reinforcing the resilience of the logistics network.   Following the incident, […]

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 […]

Elevate Your Industry Knowledge at the Scotland Manufacturing Conference

Manufacturing, News, United Kingdom

September 22, 2024

  Exhibition Highlights: The extensive exhibition area will showcase cutting-edge technologies, including Industry 4.0 innovations, 3D printing breakthroughs, and automation solutions. Attendees will also have the unique opportunity to learn about Thrust WSH’s ambitious pursuit of the World Water Speed Record, highlighting remarkable engineering and high-performance innovations.   Conference Themes: The conference will feature key […]

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 […]

Vietnam and India Strengthen Ties in Trade, Technology, and Security

India, International Relations, News, Vietnam

August 2, 2024

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 […]

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