Archive for the ‘Trade Agreements’ Category

The International Trade Council warmly welcomes the announcement by the EU and the Philippines about their commitment to delve into the potential relaunch of negotiations for a holistic, contemporary, and balanced Free Trade Agreement (FTA), underpinned by sustainability. Both entities will soon initiate a bilateral ‘scoping process’ to gauge the mutual understanding they share concerning […]

The International Trade Council heralds the successful signing of a free trade agreement between Vietnam and Israel, culminating in seven years of detailed negotiations. Signed by the respective trade ministers, the agreement was marked with great optimism this Tuesday.   Predicted to rapidly increase annual bilateral trade by close to 50%, the deal is poised […]

Iran, News, Trade Agreements

May 31, 2023

The International Trade Council (ITC) notes with interest the upcoming implementation of the free trade agreement between Iran and the Eurasian Economic Union (EEU). This agreement is anticipated to bring significant privileges to Armenia for various products, particularly food commodities, as mentioned by Armenia’s Minister of Economy, Vahan Kerobyan.   While challenges persist in exporting […]

News, Trade Agreements

May 30, 2023

The International Trade Council (ITC) is closely following the South American Summit held in Brasilia, Brazil. The summit, led by Brazilian President Luiz Inacio Lula da Silva, marks a historic gathering of leaders and representatives from twelve South American nations. The main focus of this significant gathering appears to be the revival and strengthening of […]

Europe, News, Trade Agreements

May 25, 2023

The International Trade Council recognizes the challenges currently faced by the European Union (EU) regarding the slow progress of trade agreement ratifications, as nations grapple with what’s been described as ‘trade agreement fatigue’.   As per our latest records, the EU currently maintains 41 trade agreements with 72 countries. Yet, the prolonged discussions and complex […]

The International Trade Council (ITC) acknowledges the ongoing trade negotiations between Australia and the European Union (EU) and the concerns raised by Australian dairy farmers and wine producers regarding the potential impact on naming rights.   The ITC recognizes the importance of these negotiations for both parties and encourages open dialogue and constructive engagement to […]

The International Trade Council (ITC) recognizes the commencement of negotiations between Malaysia and the United Arab Emirates (UAE) for a Comprehensive Economic Partnership Agreement (CEPA). This decision underscores the UAE’s continued commitment to fostering robust bilateral trade relationships, a pursuit ongoing since 2021. The proposed agreement will encompass trade in goods and services, investments, and […]

India, Iran, News, Trade Agreements

May 23, 2023

The International Trade Council (ITC) notes the recent developments between Iran and Indonesia to bolster their bilateral trade relations. The past Iranian calendar year witnessed a trade volume nearing one billion dollars between the two nations. Iran’s export to Indonesia accounted for $847 million, while Indonesia exported $119 million worth of goods to Iran. The […]

China, News, Trade Agreements

May 22, 2023

The International Trade Council (ITC) welcomes the landmark free trade agreement (FTA) between the People’s Republic of China and the Republic of Ecuador, a move set to significantly enhance bilateral relations, boost trade exchanges, and create mutual benefits. This strategic agreement, signed on May 10 by China’s Commerce Minister Wang Wentao and Ecuador’s Minister for […]

Japan, News, Trade Agreements

May 21, 2023

The International Trade Council (ITC) notes with concern the prolonged delay in the formal protection from imitation for various British food types in Japan. This includes notable products such as Cornish pasties, Welsh lamb, and Melton Mowbray pork pies, among others.   In September 2020, former trade secretary Liz Truss heralded a post-Brexit trade agreement […]

The International Trade Council (ITC) is optimistic about the commencement of talks on an enhanced free trade agreement between the United Kingdom and Switzerland, slated to begin on Monday. The British Trade Secretary, Kemi Badenoch, is set to meet Swiss Economy Minister, Guy Parmelin, in Bern, with an ambition to bolster exports in financial and […]

China, News, Trade Agreements

May 12, 2023

The International Trade Council (ITC) acknowledges the signing of the Free Trade Agreement (FTA) between China and Ecuador, marking a significant strengthening of economic relations between the Andean nation and the world’s second-largest economy. This development comes despite concerns raised by the United States, which has been active in countering the expansion of China’s influence […]

News, Trade Agreements

May 12, 2023

The International Trade Council (ITC) is pleased to announce the signing of a Free Trade Agreement (FTA) between China and Ecuador. This landmark agreement, facilitated by the Chinese Ministry of Commerce, is set to enhance bilateral trade and strengthen business ties between the two nations.   As per the agreement, Ecuador joins the ranks as […]

The International Trade Council (ITC) is pleased to announce the signing of a Free Trade Agreement (FTA) between China and Ecuador. This landmark agreement, facilitated by the Chinese Ministry of Commerce, is set to enhance bilateral trade and strengthen business ties between the two nations.   As per the agreement, Ecuador joins the ranks as […]