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In a significant step to enhance the e-commerce landscape, Bangladesh Bank has introduced new regulations aimed at simplifying the export process for small traders. As of October 15, 2024, products valued at up to $500 exported through e-commerce will no longer require the mandatory EXP form.   This forward-thinking initiative, issued by the Foreign Exchange […]

In a proactive move to enhance national security while fostering global trade, U.S. officials are considering a framework for export licensing of advanced AI chips to select countries, as reported by Bloomberg News on Monday. This initiative reflects the U.S. Commerce Department’s commitment to balancing trade opportunities with responsible technology distribution.   The potential export […]

The United States Department of Agriculture (USDA) has announced a positive adjustment to its forecast for Philippine rice imports, raising the estimate to 4.9 million metric tons for 2025. This increase of 300,000 metric tons from the September estimate highlights the resilience of the Philippine agricultural sector in adapting to changing market conditions and ensuring […]

Indonesia’s National Food Agency (Bapanas), under the leadership of Arief Prasetyo Adi, is making remarkable progress in positioning the country as a vital player in the global food market, particularly through its shallot exports. The successful export of shallots to Malaysia and other nations highlights Indonesia’s ability to meet international food demands while reinforcing its […]

Huelva, Spain, has reached an impressive milestone in its berry exports, achieving sales of €1.101 billion in the first seven months of 2024. This marks a significant 10.1% increase compared to the previous year, solidifying Huelva’s status as the leading berry exporter in Spain. The province now commands nearly 77% of the national market share, […]

Hanoi, Vietnam, is making impressive strides in agricultural exports by investing in the establishment of planting area codes for essential crops like longans, grapefruits, and bananas. These codes serve as a “passport” for Hanoi’s agricultural products, allowing them to compete effectively in both domestic and international markets while providing valuable economic benefits to local farmers. […]

Albanian Prime Minister Edi Rama expressed optimism regarding the enhancement of the Central European Free Trade Agreement during an interview ahead of a summit for the Western Balkans hosted by German Chancellor Olaf Scholz. This initiative aims to strengthen economic integration and align the region more closely with European Union standards as Albania works towards […]

Peru’s avocado industry continues to showcase its strength in global trade, with export values rising significantly even as volumes dipped slightly. As of week 33 in 2024, Peru exported 499,000 metric tons of avocados, generating an impressive $1.044 billion. This represents an 11% increase in value compared to the same period last year, highlighting Peru’s […]

Vietnam is set to achieve rice export figures exceeding 7.6 million metric tons this year, according to the chairman of the Vietnam Food Association. As the world’s third-largest rice exporter, trailing only India and Thailand, Vietnam’s primary market for rice remains the Philippines.   The chairman noted that recent changes by India to relax its […]

Lithuania is making a positive impact on global trade by contributing EUR 20,000 to the World Trade Organization’s Global Trust Fund for 2024. This generous contribution aims to empower government officials from developing and least-developed countries (LDCs) through training programs, enabling them to enhance their skills and deepen their participation in the international trading system. […]

In a promising move for regional trade, China and Vietnam are on the verge of signing new agreements to strengthen railway connectivity and boost agricultural trade during Chinese Premier Li Qiang’s upcoming visit to Hanoi this weekend. Sources familiar with the discussions indicate that these agreements will significantly enhance economic collaboration between the two nations. […]

Malaysia is taking significant steps to boost its durian exports to China by proposing an integrated management approach for key fruit commodities. The Agriculture and Food Security Ministry plans to extend the mandate of the national agricultural board responsible for pineapples to oversee durian production as well. This strategic move is aimed at capitalizing on […]

French apple exports to the Middle East are thriving, driven by their exceptional quality, diverse varieties, and commitment to eco-friendly practices. The demand for premium, nutritious produce is soaring among luxury retailers, hotels, gourmet dining establishments, and health-conscious consumers in the region.   To support this growing interest, a series of promotional activities have been […]