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Archive for the ‘News’ Category

Merchant International Systems Ltd Nominated for 2025 Go Global Awards in London

Ghana, International Trade, News

June 10, 2025

Merchant International Systems Limited, a trusted provider of integrated safety, security, and technology solutions, has been officially nominated for the Go Global Awards 2025. The prestigious event will take place on November 18–19, 2025, at One Great George Street, Westminster, London. Hosted by the International Trade Council, the Go Global Awards is not merely […]

Interstellar Communication Holdings, Inc. Democratizes Space with Innovative icMercury Satellite Service

International Trade, ITC Featured Member, News, United States

June 10, 2025

Interstellar Communication Holdings, Inc., a Florida-based space technology holding company, is making bold strides in transforming how people access and engage with outer space. Through its pioneering initiative, icMercury, the company is opening the cosmos to individuals, researchers, and businesses alike. Interstellar Communication Holdings is strategically positioned as a connector and consolidator of space-related […]

Interstellar Communication Holdings Inc. Nominated for Go Global Awards 2025

International Trade, News, United States

June 10, 2025

Interstellar Communication Holdings Inc., the trailblazing space technology holding company behind the personalized satellite service icMercury, has been officially nominated for the Go Global Awards 2025. The prestigious event will be held on November 18–19, 2025, at One Great George Street, Westminster, London. Hosted by the International Trade Council, the Go Global Awards is more […]

South Korea Appoints Yeo Han-Koo as Trade Minister to Lead Strategic Tariff Negotiations

News, South Korea, Trade Policy

June 10, 2025

The Government of South Korea has officially appointed Yeo Han-Koo as the new Trade Minister, marking a strategic step in advancing the nation’s trade objectives and tariff negotiations, particularly with the United States. The announcement, made by the president’s office on Tuesday, underscores the administration’s commitment to strengthening international trade ties and addressing key sectoral […]

India and U.S. Move Closer to Interim Trade Agreement Following Productive Talks

India, News, Trade Agreements, United States

June 10, 2025

India and the United States have taken a significant step forward in finalizing an interim bilateral trade agreement, following four days of intensive negotiations in New Delhi. According to senior government sources, discussions focused on enhancing market access for select industrial and agricultural products, reducing tariffs, and addressing non-tariff barriers. Officials described the negotiations […]

Amel International Services Limited Expands Global Reach with Sustainable, Locally-Made Food Products

International Trade, ITC Featured Member, News, Nigeria

June 10, 2025

Amel International Services Limited, a proudly indigenous Nigerian company, continues to make significant strides in food production and international trade. With a vision to transform Nigeria’s food processing sector, the company offers a wide range of high-quality, affordable, and nutritious products under its flagship brand, AMEL-SUSAN. Its product lineup includes Icing Sugar, Corn […]

Amel International Services Limited Receives Nomination for Go Global Awards 2025

International Trade, News, Nigeria

June 9, 2025

Amel International Services Limited, a leading producer of high-quality food and baking products under the AMEL-SUSAN brand, has been officially nominated for the Go Global Awards 2025. The event will take place on November 18–19, 2025, at One Great George Street, Westminster, London. Organized by the International Trade Council, the Go Global Awards is […]

China Strengthens Trade Outlook with Surge in Soybean Imports and Balanced Tariff Management

China, International Trade, News

June 9, 2025

China’s international trade profile displayed encouraging signs of momentum in May 2025, as customs data revealed a substantial increase in soybean imports alongside stable export growth. This development signals continued resilience and adaptability in China’s trade strategies, including effective tariff management to support critical sectors. Soybean imports soared to 13.92 million metric tons in […]

New Disputes Surface Ahead of U.S.-China Trade Talks in London, Highlighting Areas for Progress

China, International Trade, News, United States

June 8, 2025

U.S.-China trade talks scheduled this week in London present a valuable opportunity to address a series of ongoing disputes that have shaped recent relations, with the aim of reinforcing the current tariff truce and promoting constructive dialogue. Following the important 90-day suspension agreement reached in Geneva last month—temporarily pausing most tariffs exceeding 100%—both sides […]

Japan’s First Quarter GDP Contraction Narrows, Reflecting Consumption Resilience and Strategic Trade Outlook

International Trade, Japan, News

June 8, 2025

Japan’s economy displayed encouraging signs in the first quarter of 2025, with revised government data showing a smaller contraction than initially reported. This improvement highlights steady domestic consumption and underscores Japan’s strategic approach amid evolving global trade dynamics. According to updated figures from the Cabinet Office, Japan’s gross domestic product shrank at an annualized […]

Taiwan Official Explores New Energy Trade Opportunities During Alaska Visit

Energy Trade, News, Taiwan

June 7, 2025

A senior official from Taiwan recently visited the site of a major natural gas development project in Alaska, signaling strengthened cooperation and growing trade prospects between Taiwan and the United States. Pan Men-an, Secretary-General to Taiwan President Lai Ching-te, attended a high-level energy conference in Alaska upon the invitation of United States Secretary of […]

South Korea and U.S. Commit to Accelerating Tariff Agreement for Stronger Trade Ties

News, South Korea, Trade Agreements, United States

June 6, 2025

South Korea’s newly elected President Lee Jae-myung and U.S. President Donald Trump have agreed to work toward a timely and mutually beneficial tariff agreement, reflecting both nations’ commitment to strengthening bilateral trade and economic collaboration. In their first official phone call following President Lee’s election, the two leaders expressed a shared vision for reaching […]

Leveraging the UK’s Modern Slavery Amendment (2024) for Supply Chain Transparency

June 6, 2025

Leveraging the UK’s Modern Slavery Amendment (2024) for Supply Chain Transparency

The UK’s Modern Slavery Amendment Act (2024), in force since January, brings a notable shift in how businesses are expected to manage modern slavery risks in their operations and supply chains. While the 2015 Act was largely about disclosure, the amendment pushes firms toward more active due diligence — a move that, depending on one’s […]

New Labor Agreements Secure Stability for Canadian Rail, Boosting International Trade

Canada, International Trade, News

June 5, 2025

Canada’s rail transport sector is set for enhanced stability following the successful conclusion of new labor agreements with two key rail unions. These multi-year contracts, effective from January 1, 2024, to December 31, 2027, were established through arbitration and mark a significant step forward in ensuring uninterrupted rail service—an essential component of cross-border and global […]

Global Trade Adapts to Rare Earth Export Shifts as Industry Looks to Diversify

China, Global Trade, News, Trade and Export

June 4, 2025

China’s recent adjustments to rare earth exports are reshaping global supply chains, prompting businesses and trade leaders to explore diversification strategies and strengthen supply resilience across the automotive and manufacturing sectors. Rare earth minerals—essential to electric vehicle motors, semiconductors, renewable energy technologies, and more—have long been central to global industry. China’s move in April […]

U.S. Enhances Export Oversight to Strengthen Strategic Trade Relations

International Trade, News, United States

June 4, 2025

In a move aimed at reinforcing responsible global trade practices, Energy Transfer announced that it received a letter from the U.S. government requiring a license for ethane exports to China. The company is proactively working to secure emergency authorization to continue its shipments, highlighting its commitment to compliance and partnership in international trade. This […]

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