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U.S. National Defense Authorization Act (NDAA 2021) – Rare Earth Mineral Security (2021)

April 15, 2021

Kristan

Supply Chain

0

U.S. National Defense Authorization Act (NDAA 2021) – Rare Earth Mineral Security (2021)

The 2021 National Defense Authorization Act marked another step in the ongoing attempt to untangle U.S. defense supply chains from strategic dependencies that could compromise national security. Nowhere is this more visible than in the field of rare earth elements (REEs). These critical minerals underpin everything from missile guidance systems to communications gear. And yet, […]

Measuring Circular Economy Progress with ISIC Indicators

April 7, 2021

Kristan

ISIC

0

Measuring Circular Economy Progress with ISIC Indicators

The shift from linear to circular economic models is gathering momentum around the world. Policymakers, businesses, and researchers increasingly recognize that sustainable growth requires more than just efficient resource use—it demands the creation of closed loops, where materials and products are reused, remanufactured, and recycled rather than discarded. But how does one measure progress toward […]

Benchmarking Financial Services Resilience via ISIC 6419

April 5, 2021

Kristan

ISIC

0

Benchmarking Financial Services Resilience via ISIC 6419

Financial services have always seemed a bit like plumbing: crucial when everything is flowing, but largely invisible until something goes wrong. The past few years—2018 through 2020—were a test for the world’s pipes. Market shocks, policy swings, and, ultimately, a global pandemic put the sector’s resilience under a spotlight. For those tasked with measuring this […]

EU Taxonomy Regulation Delegated Acts (Apr 2021) – Supply Chain Alignment (2021)

April 1, 2021

Kristan

Supply Chain

0

EU Taxonomy Regulation Delegated Acts (Apr 2021) – Supply Chain Alignment (2021)

The adoption of the EU Taxonomy Regulation’s delegated acts in April 2021 represented a turning point in how financial institutions are expected to engage with sustainability within their portfolios. While the taxonomy itself had been in force since mid-2020, these delegated acts added the critical operational detail necessary for firms to begin aligning their lending […]

International Trade Council reports $9.6bn of goods is held up each day due to the Suez Canal blockage

March 26, 2021

Daisy

News, Transport and Logistics

0

The International Trade Council has reported that an estimated $9.6bn ( £7bn) worth of goods are held up every day due to the stranded Ever Given mega-container ship in the Suez Canal. The canal is a vital passageway between the East and West, with approximately 12% of total global trade moving through it. Shipping expert […]

Abu Dhabi investment fund has agreed to pay £800m into the UK life sciences sector

March 24, 2021

Daisy

Foreign Investments, News, United Kingdom

0

Abu Dhabi Investment Fund Mubadala has committed to investing £800 million in the UK’s life sciences sector over five years, marking the first of what could be several billion pounds of investments in the UK. Abu Dhabi is also reportedly planning to invest heavily in British health, tech, green energy, and infrastructure. The exact size […]

British Exports to Ireland Suffer Significant Decline as Post-Brexit Trading Kicks Off

March 18, 2021

Daisy

Economic Relations, Ireland, News

0

The Republic of Ireland recorded a 65% decrease in British imports, resulting in almost â‚ ¬1bn ( £856m) less of British goods in January 2021, in contrast to the same period last year, according to the Central Statistics Office of Ireland. The decline was even steeper for food imports, which plummeted by 75%, marking a […]

Canada’s Sustainable Jobs Act (Bill C-12, June 2020) – Supply Chain Skills Transparency (2021)

March 15, 2021

Kristan

Supply Chain

0

Canada’s Sustainable Jobs Act (Bill C-12, June 2020) – Supply Chain Skills Transparency (2021)

The introduction of Canada’s Sustainable Jobs Act, known as Bill C-12, back in June 2020 set the stage for a legislative framework that aims to guide the country through the complexities of a just transition toward a low-carbon economy. While the bill is still pending passage, the expectations it has already generated are shaping decisions […]

Leveraging NAICS vs. ISIC: Comparative Insights for Global Analysts

March 10, 2021

Kristan

ISIC

0

Leveraging NAICS vs. ISIC: Comparative Insights for Global Analysts

For anyone who has worked with international economic data, the peculiarities of classification systems are all too familiar. Most analysts have, at some point, encountered the tangle of industry codes that form the backbone of any rigorous study of sectoral growth, trade flows, or productivity. At the global level, the International Standard Industrial Classification (ISIC) […]

International Trade Council celebrates as US and EU agree to suspend tariffs in Boeing-Airbus trade dispute

March 5, 2021

Daisy

Europe, News, Trade Policy, United States

0

The International Trade Council (ITC) welcomes the decision by the United States and the European Union to temporarily suspend the tariffs on each other’s goods, which were imposed as retaliation over subsidies provided to Airbus and Boeing, respectively. The four-month suspension, which affects billions of dollars’ worth of goods, including wine, cheese, and tractors, comes […]

International Trade Council Expresses Concern over Plummeting Chinese Investment in Australia

March 1, 2021

Daisy

Australia, China, Foreign Investments, News

0

Sydney, 1 March 2021 – The International Trade Council (ITC) expresses its concern over the recent 61% drop in Chinese investment in Australia in 2020, marking a six-year low. The drop comes amid growing diplomatic tensions between the two countries, and signals a major challenge to Australia’s economy, which has long benefited from Chinese investment. […]

U.K. Environment Bill (Nov 2020) – Waste and Resource Efficiency Reporting for Supply Chains (2021)

March 1, 2021

Kristan

Supply Chain

0

U.K. Environment Bill (Nov 2020) – Waste and Resource Efficiency Reporting for Supply Chains (2021)

With the Royal Assent of the U.K. Environment Bill on November 9, 2020, attention has turned swiftly to the practicalities of implementation. The bill represents one of the most significant overhauls of environmental governance in the United Kingdom in decades. While much of the public focus has been on biodiversity, air quality, and water management, […]

International Trade Council welcomes Biden’s 100-day review amid supply chain strains

February 24, 2021

Daisy

News, Supply Chain

0

Washington, D.C. – The International Trade Council has welcomed President Joe Biden’s order for officials to find ways to bolster supply chains amidst the global shortage of computer chips that has hit car manufacturers around the world. The initial review is focused on computer chips, pharmaceuticals, rare earth minerals, and large batteries, such as those […]

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Important Disclaimer: The International Trade Council is not affiliated in any way with the International Trade Centre. The International Trade Centre is a joint subsidiary organ of the United Nations (acting through UNCTAD) and the World Trade Organization. The International Trade Council is an independent peak-body chamber of commerce acting on behalf of its member businesses and governments. If you are looking for the International Trade Centre, please visit www.intracen.org.