Archive for the ‘News’ Category

Malaysia is taking significant steps to boost its durian exports to China by proposing an integrated management approach for key fruit commodities. The Agriculture and Food Security Ministry plans to extend the mandate of the national agricultural board responsible for pineapples to oversee durian production as well. This strategic move is aimed at capitalizing on […]

French apple exports to the Middle East are thriving, driven by their exceptional quality, diverse varieties, and commitment to eco-friendly practices. The demand for premium, nutritious produce is soaring among luxury retailers, hotels, gourmet dining establishments, and health-conscious consumers in the region.   To support this growing interest, a series of promotional activities have been […]

The anticipated free trade agreement (FTA) between the Philippines and South Korea is expected to provide a moderate increase in textile exports from the Philippines. According to Robert Young, President of the Foreign Buyers Association of the Philippines (Fobap), the country exported approximately $50 million worth of mixed apparel to South Korea in 2023.   […]

The Philippines is optimistic about rejuvenating its banana export sector with the recent free trade agreement established with South Korea. The Department of Trade and Industry has highlighted the potential of this agreement to address the declining market share of Philippine bananas in South Korea, where they face stiff competition from Vietnam and other Latin […]

Germany, International Trade

October 9, 2024

Germany’s export sector has shown encouraging signs of growth, with a reported increase in August that highlights strong international demand, particularly from the United States and the United Kingdom. Official data from the federal statistics office revealed a 1.3% rise in exports compared to the previous month, defying earlier forecasts that anticipated a slight decline […]

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 […]

International Relations, Vietnam

October 8, 2024

Vietnam has reached a significant milestone by upgrading its diplomatic relations with France to a “comprehensive strategic partnership.” This notable achievement was announced during Vietnamese President To Lam’s recent visit to Paris, highlighting Vietnam’s growing importance in global supply chains and its skillful navigation of international relations through its flexible foreign policy, often referred to […]

Supply Chain

October 3, 2024

Canada’s National Pharmacare Act, passed in 2023, marks a significant step toward universal access to affordable medicines while embedding supply chain transparency as a core element of pharmaceutical governance. In addition to creating a national framework for drug coverage, the Act introduces provisions that require enhanced oversight of pharmaceutical supply chains. These provisions are designed […]

Economic Development, News, Poland

October 2, 2024

Poland’s technology exports have experienced impressive growth for the twelfth year in a row, according to a recent report from the Polish Development Fund, a government-backed investment organization. In 2023, the technology sector accounted for 9.6% of the country’s total exports, a notable increase from 9.2% the previous year, reflecting a robust upward trend in […]

Agricultural Trade, News, Vietnam

October 2, 2024

Vietnam’s pepper industry is celebrating remarkable success in 2024, with exports soaring to an impressive $1 billion in the first nine months. This achievement highlights the country’s position as a global leader in pepper production, despite a slight 1.5% drop in volume. The value of exports has surged by 46.9% year-on-year, driven by a significant […]

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, 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 [...]

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 […]