US and Abu Dhabi Invest $1.8 Billion to Strengthen Global Trade in Critical Minerals

October 24, 2025

Jessica Jumaway

Global Trade, News, United States

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The United States and Abu Dhabi governments have launched a $1.8 billion joint investment with private equity firm Orion Resource Partners to boost mining and refining projects around the world. This initiative is set to enhance international trade in critical minerals such as lithium, rare earths, and other essential resources that power clean energy technologies, […]

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Australia Moves Toward a Modernised Interbank Settlement System to Boost Trade Efficiency

October 24, 2025

Jessica Jumaway

Australia, News, Trade

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Australia’s central bank is set to explore ways to modernise its interbank settlement system starting next year—a move expected to enhance trade efficiency and support the country’s growing financial ecosystem. Reserve Bank of Australia (RBA) Governor Michele Bullock highlighted that the Reserve Bank Information and Transfer System (RITS), which processes around A$300 billion ($194.94 billion) […]

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China Reclaims Role as Germany’s Leading Trade Partner, Reflecting Strong Global Trade Momentum

October 23, 2025

Jessica Jumaway

China, News, Trade Partner

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China has reclaimed its position as Germany’s largest trading partner in the first eight months of 2025, signaling renewed global trade activity and continued collaboration between two of the world’s strongest economies. Preliminary data from the German statistics office show that trade between Germany and China reached €163.4 billion ($190.7 billion), slightly surpassing the €162.8 […]

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Nigerian Minister Emphasizes Need for Balanced and Respectful Global Trade Relations

October 23, 2025

Jessica Jumaway

News, Nigeria, Trade Relations

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Nigeria’s Foreign Minister Yusuf Tuggar emphasized that global trade with Africa should be built on mutual respect and shared growth, rather than solely focused on resource extraction. Speaking at the Reuters NEXT Gulf Summit in Abu Dhabi, Tuggar highlighted the importance of sustainable and equitable economic partnerships that support Africa’s development goals.   He urged […]

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U.S. and Argentina Strengthen Agricultural Trade Ties Through Proposed Beef Import Expansion

October 23, 2025

Jessica Jumaway

Agricultural Imports, Argentina, News, United States

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The United States is exploring the possibility of increasing beef imports from Argentina as part of a broader effort to stabilize domestic prices and enhance global trade cooperation in the agricultural sector. The initiative reflects a positive step toward strengthening international partnerships and supporting a balanced global food supply chain.   The proposed plan aims […]

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Prime Minister Mark Carney Outlines Vision to Expand Canada’s Global Trade and Double Non-U.S. Exports

October 23, 2025

Jessica Jumaway

Canada, Global Trade, News

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Prime Minister Mark Carney has unveiled a plan to double Canada’s non-U.S. exports over the next decade, reflecting the country’s strategic focus on trade diversification and global economic growth.   Carney highlighted that while the United States remains an important trading partner, Canada must look beyond traditional markets to strengthen its global trade position. The […]

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Georgia Governor Visits South Korea to Strengthen Economic and Trade Relations

October 23, 2025

Jessica Jumaway

Georgia, International Relations, News, South Korea

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Georgia Governor Brian Kemp is visiting South Korea this week to meet with business leaders and strengthen bilateral economic relations, according to the Maeil Business Newspaper. The visit underscores ongoing efforts to deepen trade cooperation and investment opportunities between Georgia and South Korea.   The meetings aim to enhance collaboration in advanced manufacturing, clean energy, […]

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Celebrating 60 Years of Excellence: Honoring Krieger Worldwide at the Go Global Awards

October 23, 2025

Nina E.

International Trade, ITC Featured Member, News, Transport and Logistics

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The International Trade Council is proud to recognize Krieger Worldwide as a distinguished honoree at this year’s Go Global Awards—a celebration that coincides with an extraordinary milestone: 60 years of service in the global trade industry.   Founded in 1965, Krieger Worldwide has built an enduring legacy as a trusted freight forwarder and U.S. Customs […]

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Pietermaritzburg & Midlands Chamber of Business Nominated for the Go Global Awards 2025

October 22, 2025

Lorgilyn Colesio

Global Trade, ITC Featured Member, News, South Africa

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Pietermaritzburg & Midlands Chamber of Business (PMCB), one of South Africa’s oldest and most respected business organizations, has been nominated for the prestigious Go Global Awards 2025, scheduled for November 18–19, 2025, at One Great George Street, Westminster, London. This nomination recognizes the Chamber’s enduring impact in business advocacy, enterprise development, and regional economic growth. […]

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Goenvi Technologies Accelerates Global Push in Carbon Removal and Circular Economy Solutions

October 21, 2025

Lorgilyn Colesio

Global Trade, India, ITC Featured Member, News, Sustainability

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Goenvi Technologies, an award-winning cleantech startup, is reshaping the future of carbon removal and circular economy innovation through its patented catalytic pyrolysis technology. Established with the mission of tackling the twin challenges of waste management and climate change, the company converts end-of-life plastics, RDF, tires, and biomass into biochar, alternate fuels, and chemicals—creating measurable climate […]

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Australia and U.S. to Strengthen Cooperation on Rare Earths and Trade in Upcoming Summit

October 20, 2025

Jessica Jumaway

Australia, International Relations, News, United States

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Australian Prime Minister Anthony Albanese is set to meet U.S. President Donald Trump at the White House on Monday for their first official summit, focusing on expanding cooperation in the critical minerals sector and ensuring regional economic stability.   The meeting aims to deepen U.S. involvement in Australia’s rare earth and critical minerals industry amid […]

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US Forced Arbitration Ban (2022) & Its Impact on Labor Transparency in Supply Chains

October 17, 2025

Kristan

Supply Chain

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Since the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act came into effect in March 2022, most discussions have focused—understandably—on its domestic workplace implications. The law prohibits the enforcement of arbitration agreements in cases involving sexual misconduct, a shift that many view as long overdue. But its ripple effects extend beyond HR departments […]

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Singapore’s September Exports Surge 6.9%, Driven by Electronics Growth

October 17, 2025

Jessica Jumaway

International Trade and Export, News, Singapore

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Singapore’s non-oil domestic exports recorded a strong rebound in September, rising 6.9% from the same period a year earlier, according to official government data released on Friday. The growth was primarily driven by higher shipments of electronic products.   The latest figures outperformed market expectations, which had predicted a 2.1% decline, and followed a revised […]

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U.S. and Brazil Seek to Strengthen Bilateral Ties Through Upcoming Presidential Meeting

October 17, 2025

Jessica Jumaway

Bilateral Trade Relation, Brazil, News, United States

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U.S. and Brazilian officials held trade discussions on Thursday that both sides described as constructive, agreeing to coordinate a meeting between U.S. President Donald Trump and Brazilian President Luiz Inacio Lula da Silva at the earliest possible date.   In a joint statement, both delegations confirmed plans to continue discussions on various fronts and establish […]

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UK Economy Edges Upward, Showing Resilience Ahead of Budget and Trade Outlook

October 16, 2025

Jessica Jumaway

News, Trade and Development, United Kingdom

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The United Kingdom’s economy posted modest growth in August, expanding by 0.1% from July, according to the Office for National Statistics (ONS). The slight improvement offers a positive signal for the country’s economic direction as Finance Minister Rachel Reeves prepares to unveil the national budget in November.   Although July’s GDP was revised to show […]

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U.S. President to Visit South Korea Ahead of APEC Summit, Strengthening Trade Dialogue

October 16, 2025

Jessica Jumaway

News, South Africa, Trade and Development, United States

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U.S. President Donald Trump is set to visit South Korea from October 29 to 30, as confirmed by South Korea’s national security adviser. The visit will take place ahead of the Asia-Pacific Economic Cooperation (APEC) Summit, which begins on October 31 in Seoul.   The upcoming visit underscores the continued partnership between the United States […]

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