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 […]
Archive for the ‘News’ Category
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 […]
In January, Japan experienced a remarkable surge in exports to China, marking a 29.2 percent increase year-on-year, according to reports from Japanese media outlet Nikkei. This surge played a significant role in Japan’s overall export growth for the month, underscoring the robust economic ties between the two nations. The substantial rise in exports reflects […]
In a positive development for Japan’s economy, January’s export figures surpassed expectations, driven by strong shipments of automobiles and automotive parts to the United States, along with increased demand for chip-making equipment from China. According to Ministry of Finance data released on Wednesday, exports grew by 11.9% compared to the same period last year, outpacing […]
In a significant development, Germany has unveiled plans to ramp up its oil imports from Kazakhstan by an impressive 200,000 tons per month. This decision comes as Kazakhstan’s Minister of Energy, Almasadam Satkaliyev, announced the heightened collaboration between the two nations. Previously, from May to October 2023, Kazakhstan exported approximately 100,000 tons of oil […]
In a recent development, Finance Secretary Ralph G. Recto has put forward the idea of exploring the potential for the Philippines to establish a free trade agreement with the United Kingdom (UK). This proposition emerged during Recto’s meeting with UK Prime Minister’s Trade Envoy to the Philippines Richard Graham and UK Ambassador to the […]
China and the European Union (EU) have signaled their commitment to upholding free trade and multilateralism, according to statements made by Chinese Foreign Minister Wang Yi during his visit to Spain. Wang emphasized China’s willingness to collaborate with the EU in fostering a balanced and orderly multi-polar world, as well as promoting inclusive economic globalization. […]
In a bid to bolster economic cooperation, Japan and Ukraine have embarked on negotiations for an investment treaty, signaling a new chapter in their bilateral relationship. Prime Minister Fumio Kishida of Japan welcomed Ukrainian counterpart Denys Shmyhal in Tokyo, where they discussed avenues for deepening ties and fostering mutual prosperity. During the meeting, Prime […]
In a bid to strengthen bilateral relations and explore avenues for economic collaboration, Ukrainian Foreign Minister Dmytro Kuleba engaged in discussions with his Chinese counterpart, Wang Yi, during the Munich Security Conference. Their talks centered on enhancing trade ties and fostering a conducive environment for sustainable peace in Ukraine. Kuleba highlighted the importance of […]
Australian wine makers are placing their bets on the anticipated reopening of the Chinese market by shipping substantial quantities of wine to Hong Kong. Industry insiders and trade data reveal that millions of bottles of Australian wine have been dispatched to Hong Kong, reflecting a strategic move in anticipation of China lifting tariffs on Australian […]
In a commendable display of commitment to fostering inclusive global trade, the Republic of Korea has allocated KRW 390 million (equivalent to CHF 260,000) to the Global Trust Fund for capacity-building initiatives in 2024. This significant contribution aims to empower developing economies, enabling them to play a more active role in the global marketplace. […]
Belgian Prime Minister Alexander De Croo has put forth a proactive suggestion aimed at bolstering defense capabilities within the European Union (EU). His proposal involves the issuance of joint EU bonds to support increased military expenditure, a move that has garnered attention amid rising tensions fueled by Russia’s actions in Ukraine and uncertainties surrounding NATO’s […]
In a move to address labor shortages and bolster its workforce, Taiwan and India have inked a significant agreement aimed at bringing Indian migrant workers to the island nation. This accord marks a pivotal shift for Taipei, signaling its intent to diversify its foreign labor pool beyond its traditional sources in Southeast Asia. The […]