The EU’s 2022 Regulation on Responsible Mining marked a major step forward in promoting ethical sourcing and environmental stewardship within global mineral supply chains. Designed to address the risks of human rights abuses, environmental degradation, and corruption often associated with mining activities, the regulation places binding due-diligence obligations on all EU importers of mined products, […]
U.S. pork exports to Mexico are on track for a record-setting year, underscoring the strength of trade partnerships across North America and the rising demand for quality agricultural products. According to the U.S. Department of Agriculture (USDA) and U.S. Meat Export Federation (USMEF), September saw 91,492 metric tons (mt) of U.S. pork exported to Mexico—a […]
India’s Punjab is making notable progress in expanding its agricultural trade, with a special focus on horticulture and crop diversification to enhance the economic stability of its farmers. Under the leadership of Chief Minister Bhagwant Singh Mann, the state has been actively promoting the cultivation of high-value fruits, vegetables, and flowers. A standout achievement is […]
Peru is on track to become a significant player in global trade with its rapidly growing dragon fruit industry, projected to reach $15 million in exports over the next three to four years. Known for its unique flavor and versatility, dragon fruit is capturing international attention as demand continues to rise. German Caballero, a […]
The Philippines is preparing for a remarkable boost in its apparel export industry, with a new Free Trade Agreement (FTA) with South Korea projected to push export values to $1 billion by 2025. Expected to be effective in the first quarter of next year, the agreement offers the Philippines access to South Korea’s vibrant, zero-tariff […]
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 […]
The International Trade Council reports that China’s international trade council has formally approached the United States, urging a careful review of rules that either prohibit or restrict U.S. investments in China’s technology sector, as revealed by state television on Friday. Last month, U.S. President Joe Biden signed an executive order that imposes bans or […]
Kazakhstan’s agricultural sector is poised for expansion, thanks to the European Investment Bank’s (EIB) recently approved â‚ ¬465 million fund aimed at supporting non-EU countries in sustainable agriculture. This funding is part of the Pan-European Agricultural Programme, a â‚ ¬3 billion initiative designed to enhance financing for agribusiness, promote climate-resilient practices, and back young farmers […]
The Philippines is set to significantly boost its coconut oil exports to Australia, tapping into the rising demand for high-quality, natural ingredients in Australian food, beverage, and cosmetic sectors. This expansion, driven by Ares Merchants Philippines Inc. (AMPI), will add an estimated 30,000 metric tons of coconut oil annually to Australia’s imports, a move expected […]
In a significant development for international trade, Australian Prime Minister Anthony Albanese expressed optimism about the prospects of finalizing a free trade agreement with the European Union this year. The negotiations, which had encountered obstacles in July, appear to be gaining momentum. The talks between Australia and the European Union, a bloc representing over […]
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 […]
India’s financial markets are emerging as a key destination for investors, offering a strong and stable environment for trade and investment. With its robust economic growth, strategic participation in global supply chains, and growing role in international trade, India is proving to be a resilient and attractive market in the face of global uncertainty. […]
Japan is set to energize its semiconductor and artificial intelligence (AI) sectors with a transformative $65 billion investment plan, designed to strengthen both its domestic technology capabilities and its position in global trade. Announced by Prime Minister Shigeru Ishiba, the initiative will offer substantial subsidies and financial incentives to support the growth of Japan’s high-tech […]
In a significant step towards enhancing bilateral ties, Chinese President Xi Jinping and Indonesian President Prabowo Subianto have signed multiple cooperation agreements aimed at deepening collaboration in key sectors. These agreements, which include areas such as water conservation, maritime resources, and mining, signal a strengthened partnership between the two nations, with long-term trade and economic […]
Cambodia’s rice export sector has reached a new milestone, with the country earning over $1.5 billion from the export of paddy and milled rice in the first ten months of 2024. This achievement highlights the Kingdom’s growing role in the global agricultural trade. Between January and October, Cambodia exported 502,029 tonnes of milled rice […]