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Global Trade Leaders Stress the Need for Strengthening the WTO to Deliver Trade Benefits

February 26, 2024

Daisy

News, Trade Agreements

0

Today, a gathering of global trade leaders underscored the necessity of revitalizing the World Trade Organization (WTO) to effectively address the needs of people worldwide through trade. The 13th WTO Ministerial Conference (MC13) in Abu Dhabi served as a platform for stakeholders to emphasize the importance of maximizing the multilateral trading system’s potential, promoting socio-economic […]

Vietnam Looks to Expand Food Exports to China Amid Positive Trade Developments

February 26, 2024

Daisy

Agricultural Trade, China, News, Vietnam

0

Vietnam is eyeing an increase in its agricultural exports to China following promising discussions between the two countries to ease regulations and open up the market further for poultry, fish, and fruits.   Officials and industry leaders in Vietnam express optimism about the potential expansion of trade with China, particularly in key sectors like poultry […]

Chinese Exports Flourish Under Regional Comprehensive Economic Partnership Agreement

February 26, 2024

Daisy

News, Trade Agreements

0

Since the inauguration of the Regional Comprehensive Economic Partnership (RCEP) on January 1, 2022, numerous enterprises in China have reaped the rewards of enhanced trade and industrial collaboration with RCEP member nations.   In Yuhangren’s sea buckthorn juice production workshop, a high-tech company dedicated to harnessing the plant’s potential, workers bustle about packaging bottles destined […]

German Export Outlook Brightens in February

February 26, 2024

Daisy

Economic Indicators, Germany, News

0

In a recent survey conducted by the Ifo economic institute, sentiment among German exporters saw an improvement for the month of February. Although only a few sectors anticipated an increase in exports, the overall outlook showed signs of positivity.   The export expectations indicator, as reported by the institute, rose to minus 7.0 points in […]

Ukraine Achieves Record Grain Exports via Maritime Corridor

February 26, 2024

Daisy

Agricultural Trade, News, Ukrain

0

During the “Ukraine. Year 2024” forum, Yulia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, announced that in January, Ukraine exported a remarkable 12 million tonnes of grain through the maritime corridor, matching pre-crisis levels. This achievement was credited to the successful launch of the new maritime corridor, which facilitated unprecedented grain […]

China and New Zealand Pledge Collaboration for CPTPP Integration, Commerce Ministers Confer in Abu Dhabi

February 25, 2024

Daisy

China, New Zealand, News, Trade Agreements

0

In a recent development, China’s Commerce Minister expressed the nation’s commitment to enhancing collaboration with New Zealand within the framework of The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).   Minister Wang Wentao held discussions with New Zealand’s Trade Minister during a meeting in Abu Dhabi, as outlined in a statement released by the […]

Ukraine Anticipates Significant Economic Assistance from US in 2024

February 25, 2024

Daisy

Geopolitics, News, Ukrain, United States

0

In a recent update, Ukraine’s Prime Minister unveiled the nation’s expectation to receive substantial economic assistance amounting to $11.8 billion from the United States this year. This development coincides with Kyiv’s efforts to address a notable budget deficit of $37 billion amidst ongoing challenges, spotlighting the pivotal role of Western allies in extending crucial aid. […]

Global Fund Launched by WTO and ITC to Empower Women Exporters in Digital Economy

February 25, 2024

Daisy

Digital Trade, News

0

In a landmark initiative, the World Trade Organization (WTO) and the International Trade Centre (ITC) have announced the launch of a USD 50 million global fund aimed at enabling women to harness opportunities in international trade and the digital economy. The unveiling of the Women Exporters in the Digital Economy (WEIDE) Fund occurred today, coinciding […]

Vietnam’s Seafood Exports Surge, Despite Lingering Challenges

February 25, 2024

Daisy

Agricultural Trade, News, Vietnam

0

Vietnam’s seafood export sector has seen a remarkable upsurge, boasting a 64% year-on-year increase in January, reaching nearly US$750 million. Significant growth has been witnessed in key markets such as China, the U.S., and the EU, with exports to China notably tripling, solidifying its position as Vietnam’s second-largest seafood market after Japan. Japan itself has […]

Iceland Boosts Participation of Least-Developed Countries in WTO Ministerial Conference

February 25, 2024

Daisy

News, Trade Policy

0

In a gesture of support for inclusivity and equitable representation, Iceland has announced a contribution of CHF 20,000 to facilitate the participation of government officials from least-developed countries (LDCs) in the upcoming 13th WTO Ministerial Conference (MC13). Set to take place from 26 to 29 February in Abu Dhabi, United Arab Emirates, MC13 holds significant […]

Major Investment Project Propels Brazil’s Automotive Sector Forward

February 22, 2024

Daisy

Automotive Industry, Brazil, News

0

In recent news, a substantial investment exceeding $1.1 billion is on the horizon for Brazil’s automotive industry, as revealed by Brazilian President Luiz Inacio Lula da Silva. This significant financial injection follows a productive meeting between Lula and a prominent executive figure, held in the capital city of Brasilia.   The proposed investment aims to […]

Kazakhstan and Uzbekistan Pledge to Strengthen Ties and Enhance Trade Relations

February 21, 2024

Daisy

Kazakhstan, News, Trade Relations, Uzbekistan

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In a demonstration of their commitment to fostering stronger ties, Kazakhstan and Uzbekistan have reiterated their dedication to enhancing bilateral relations and boosting trade turnover. President of Kazakhstan, Kassym-Jomart Tokayev, affirmed Kazakhstan’s deep-rooted commitment to collaboration with Uzbekistan during a recent meeting with Uzbek Foreign Minister Bakhtiyor Saidov, as reported by the Akorda press service. […]

US Lawmaker and Apple Growers Celebrate Surge in Apple Exports to India

February 21, 2024

Daisy

Agricultural Trade, India, News, United States

0

In a momentous occasion, apple growers from Washington State have witnessed a significant uptick in their exports to India this year, marking a remarkable increase compared to previous years. Senator Maria Cantwell, accompanied by Prakash Gupta, the Consul General of the newly established India Consulate in Seattle, along with labor and port officials, convened in […]

U.S. Lawmaker Leading Delegation from China Committee Visits Taiwan to Bolster Trade Ties

February 21, 2024

Daisy

China, International Trade, News, United States

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U.S. Representative Mike Gallagher, Chair of the House of Representatives select committee on China, arrived in Taiwan with a delegation of lawmakers to enhance trade relations. The visit aims to engage with Taiwanese officials, including President Tsai Ing-wen and President-elect Lai Ching-te, to discuss opportunities for economic cooperation.   Gallagher, a vocal advocate for Taiwan […]

Haiti’s Acceptance of Fisheries Subsidies Agreement Bolsters Trade Relations

February 21, 2024

Daisy

International Trade, News

0

Haiti has formally accepted the Agreement on Fisheries Subsidies, marking a crucial milestone in global efforts to promote ocean sustainability. Ambassador Justin Viard presented Haiti’s instrument of acceptance to Director-General Ngozi Okonjo-Iweala, who praised Haiti’s commitment to this landmark agreement.   Expressing her warm welcome to Haiti’s acceptance, DG Okonjo-Iweala emphasized the significance of Haiti’s […]

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