In a recent survey conducted by the Ifo economic institute, sentiment among German exporters saw an improvement for the month of February. Although only a few sectors anticipated an increase in exports, the overall outlook showed signs of positivity. The export expectations indicator, as reported by the institute, rose to minus 7.0 points in […]
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During the “Ukraine. Year 2024” forum, Yulia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, announced that in January, Ukraine exported a remarkable 12 million tonnes of grain through the maritime corridor, matching pre-crisis levels. This achievement was credited to the successful launch of the new maritime corridor, which facilitated unprecedented grain […]
In a recent development, China’s Commerce Minister expressed the nation’s commitment to enhancing collaboration with New Zealand within the framework of The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Minister Wang Wentao held discussions with New Zealand’s Trade Minister during a meeting in Abu Dhabi, as outlined in a statement released by the […]
In a recent update, Ukraine’s Prime Minister unveiled the nation’s expectation to receive substantial economic assistance amounting to $11.8 billion from the United States this year. This development coincides with Kyiv’s efforts to address a notable budget deficit of $37 billion amidst ongoing challenges, spotlighting the pivotal role of Western allies in extending crucial aid. […]
In a landmark initiative, the World Trade Organization (WTO) and the International Trade Centre (ITC) have announced the launch of a USD 50 million global fund aimed at enabling women to harness opportunities in international trade and the digital economy. The unveiling of the Women Exporters in the Digital Economy (WEIDE) Fund occurred today, coinciding […]
Vietnam’s seafood export sector has seen a remarkable upsurge, boasting a 64% year-on-year increase in January, reaching nearly US$750 million. Significant growth has been witnessed in key markets such as China, the U.S., and the EU, with exports to China notably tripling, solidifying its position as Vietnam’s second-largest seafood market after Japan. Japan itself has […]
In a gesture of support for inclusivity and equitable representation, Iceland has announced a contribution of CHF 20,000 to facilitate the participation of government officials from least-developed countries (LDCs) in the upcoming 13th WTO Ministerial Conference (MC13). Set to take place from 26 to 29 February in Abu Dhabi, United Arab Emirates, MC13 holds significant […]
In recent news, a substantial investment exceeding $1.1 billion is on the horizon for Brazil’s automotive industry, as revealed by Brazilian President Luiz Inacio Lula da Silva. This significant financial injection follows a productive meeting between Lula and a prominent executive figure, held in the capital city of Brasilia. The proposed investment aims to […]
In a demonstration of their commitment to fostering stronger ties, Kazakhstan and Uzbekistan have reiterated their dedication to enhancing bilateral relations and boosting trade turnover. President of Kazakhstan, Kassym-Jomart Tokayev, affirmed Kazakhstan’s deep-rooted commitment to collaboration with Uzbekistan during a recent meeting with Uzbek Foreign Minister Bakhtiyor Saidov, as reported by the Akorda press service. […]
In a momentous occasion, apple growers from Washington State have witnessed a significant uptick in their exports to India this year, marking a remarkable increase compared to previous years. Senator Maria Cantwell, accompanied by Prakash Gupta, the Consul General of the newly established India Consulate in Seattle, along with labor and port officials, convened in […]
U.S. Representative Mike Gallagher, Chair of the House of Representatives select committee on China, arrived in Taiwan with a delegation of lawmakers to enhance trade relations. The visit aims to engage with Taiwanese officials, including President Tsai Ing-wen and President-elect Lai Ching-te, to discuss opportunities for economic cooperation. Gallagher, a vocal advocate for Taiwan […]
Haiti has formally accepted the Agreement on Fisheries Subsidies, marking a crucial milestone in global efforts to promote ocean sustainability. Ambassador Justin Viard presented Haiti’s instrument of acceptance to Director-General Ngozi Okonjo-Iweala, who praised Haiti’s commitment to this landmark agreement. Expressing her warm welcome to Haiti’s acceptance, DG Okonjo-Iweala emphasized the significance of Haiti’s […]
Vertical farming in China is gaining traction as growers successfully export pesticide-free strawberries to Southeast Asian markets, including Singapore, Malaysia, and Indonesia. The industry’s advancements are attributed to innovative farming methods and strategic resource utilization. Having recognized the potential of vertical farming, industry pioneers have capitalized on their expertise to develop comprehensive solutions for […]