Search
Become a Member

Archive for the ‘News’ Category

Australian Prime Minister’s Visit to China Marks Progress in Resolving Wine and Wind Tower Disputes

Australia, International Relations, News

October 21, 2023

Australian Prime Minister Anthony Albanese has announced his upcoming visit to China from November 4 to 7, where he will meet with President Xi Jinping and Premier Li Qiang. The visit aims to restore stability to relations between Australia and its largest trading partner.   This visit to Beijing and Shanghai marks a significant diplomatic […]

Argentina and Brazil Request Financial Aid in EU-Mercosur Trade Talks

Argentina, Brazil, Europe, News, Trade Agreements

October 20, 2023

In ongoing negotiations to finalize a trade agreement between the European Union and South America’s Mercosur bloc, Argentina and Brazil have jointly requested €12.5 billion (approximately $13.2 billion) in financial assistance from the European Union, as per a document seen by Reuters. The request aims to secure support to mitigate the potential challenges posed by […]

Malaysia Proposes Groundbreaking Free Trade Agreement Between ASEAN and Gulf Council

Malaysia, News, Trade Agreements

October 20, 2023

At the ASEAN-GCC Summit held in Saudi Arabia, Malaysia’s Prime Minister, Anwar Ibrahim, unveiled a groundbreaking proposal for the creation of a free trade agreement (FTA) between the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC). This visionary agreement, if realized, would mark a historic first between ASEAN nations and the […]

Germany Boosts Global Trade Skills with EUR 500,000 Contribution

Europe, Germany, International Trade, News

October 20, 2023

In a significant move to empower developing and least-developed economies (LCDs) in the realm of global trade negotiations, the German government has pledged EUR 500,000 (approximately CHF 480,000). This generous contribution was formalized through the signing of a Memorandum of Understanding by Germany’s Alternate Permanent Representative to the World Trade Organization (WTO), Bettina Waldmann, on […]

China Extends Support to Sri Lanka with No Political Conditions and Increased Imports

China, International Trade, News, Sri Lanka

October 20, 2023

In a recent development, China has expressed its willingness to assist Sri Lanka without imposing any political conditions and has also pledged to increase its imports from the island nation. Chinese President Xi Jinping conveyed this commitment during a meeting with Sri Lankan President Ranil Wickremesinghe in Beijing, as reported by state media.   This […]

US Senators Propose Legislation to Support Enforcement of Iran Oil Sanctions

International Trade, Iran, News, United States

October 19, 2023

Bipartisan efforts are underway in the U.S. Senate to introduce legislation aimed at strengthening the enforcement of oil sanctions on Iran. Senator Joni Ernst, a Republican, is leading the charge for this bill, set to be unveiled on Monday. The proposed legislation seeks to establish a $150 million Iranian sanctions enforcement fund specifically designated for […]

Venezuela Reaches Out to Former Oil Clients as U.S. Sanctions Temporary Lifted

International Trade, News, United States

October 19, 2023

In a recent development, China has expressed its willingness to assist Sri Lanka without imposing any political conditions and has also pledged to increase its imports from the island nation. Chinese President Xi Jinping conveyed this commitment during a meeting with Sri Lankan President Ranil Wickremesinghe in Beijing, as reported by state media.   This […]

WTO Seeks Member Input on E-Commerce Work Program Ahead of MC13

News, Trade Policy

October 19, 2023

Ambassador Usha Dwarka-Canabady of Mauritius, the facilitator of the Work Programme on Electronic Commerce at the World Trade Organization (WTO), conducted a dedicated session on October 18th to gather member input on the forthcoming 13th Ministerial Conference (MC13). During the meeting, Ambassador Dwarka-Canabady reported on her consultations with WTO members regarding potential outcomes at MC13 […]

Persistent Low Water Levels in Mississippi River Challenge Global Grain Trade Despite Predicted Drought Alleviation

Agricultural Trade, News

October 19, 2023

The International Trade Council brings into focus the ongoing crisis faced by the global grain market due to the unyielding low water predicaments on the Mississippi River, despite NOAA’s forecasts of potential drought improvement in the Southern US over the coming winter.   The National Oceanic Atmospheric Administration (NOAA) highlighted in its recent U.S. winter […]

ASEAN and Canada Forge Closer Ties, Progress Towards Free Trade Agreement

Canada, News, Trade Agreements

October 18, 2023

  Recent developments in the relationship between ASEAN (the Association of Southeast Asian Nations) and Canada are paving the way for a promising future marked by strengthened economic cooperation. During the ASEAN Summit held in late September, Canada achieved official recognition as a strategic partner, a significant milestone in the growing alliance between the two […]

«5051Page 52 of 745354»