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India’s Commerce Minister, Piyush Goyal, expressed optimism on Saturday about strengthening trade ties with the United States through a proposed critical mineral partnership. Speaking at a press briefing in New Delhi, Goyal highlighted the potential for this collaboration to serve as a stepping stone towards a broader Free Trade Agreement (FTA) between the two nations. […]

During a significant visit to China, UK Foreign Secretary David Lammy underscored the importance of fostering “stability and clarity” in trade relations as the Labour government seeks to enhance its partnership with Beijing. Engaging in productive discussions with Chinese officials and British business leaders, Lammy emphasized the mutual benefits of a consistent trading framework that […]

  Are you ready to unlock new business opportunities and expand your global network? Join us at CTW Global 2024, taking place on October 22-23, 2024, at The Ritz-Carlton, JBR, Dubai. This premier B2B trading event is set to bring together local businesses and international manufacturers, offering a prime platform for collaboration, partnership, and distribution […]

In a shifting landscape of global semiconductor manufacturing, Chinese companies specializing in chip-making equipment are witnessing a surge in demand, fueled by heightened restrictions on China’s semiconductor industry by the United States. Recent research indicates that domestic equipment manufacturers, including industry giants like Naura and AMEC, are securing a larger share of contracts from Chinese […]

October 18, 2024

Daisy

Global Trade, News

0

Trade Realignment Could Elevate Costs, Risks, and Geopolitical Tensions, Says WTO Annual Report   As geopolitical pressures reshape international alliances, the World Trade Organization (WTO) warns that countries are increasingly favoring trade with allied nations over more efficient exporters. This shift is raising concerns about the future of a global economy founded on open and […]

Brazil’s grape exports witnessed significant growth in September, with shipments reaching 3.17 thousand tons, marking an impressive 283% increase compared to August, according to Comex Stat data. While there was a slight 6% dip in export volume from the same period last year, this is primarily due to a short-term supply adjustment in the SÁ […]

In a significant move to enhance economic ties, the UK is sending a high-level government official to China this week. The visit aims to deepen trade cooperation and foster stronger economic connections between the two nations, highlighting a strategic and pragmatic approach by the newly elected government.   The two-day trip will include important discussions […]

October 15, 2024

Kristan

ISIC

0

The measurement of renewable energy growth is at the center of today’s climate and economic policy debates. For all the attention paid to headline statistics—gigawatts installed, emission reductions, investment totals—there remains a need for rigor in the way national and international agencies track the underlying activity. ISIC codes, specifically 3510 for electric power generation, provide […]

The Combined Exhibition of Advanced Technologies (CEATEC) and Japan Mobility Show Bizweek launched on October 15, 2024, at the Makuhari Messe convention center in Chiba, celebrating a new era of collaboration between the electronics and automotive industries. This joint event, organized by leading industry associations, aims to strengthen international trade by fostering innovative partnerships as […]

October 15, 2024

Kristan

ISIC

0

Health systems everywhere are under pressure to do more with less—to expand coverage, improve quality, and adapt to shifting demographic and disease patterns. But where should new clinics or hospitals be built? Which communities remain underserved? And how can policymakers ensure that resources flow where the need is greatest? Increasingly, the International Standard Industrial Classification […]

Vietnam’s shrimp export sector is celebrating a significant achievement, with estimated revenues reaching nearly $2.8 billion in the first nine months of 2024. This remarkable figure positions shrimp as the top-performing aquatic product, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The revenue marks a robust 10.5% increase compared to the same […]

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 promising development for the global steel market, China has seen its steel exports soar to new heights in 2024, reaching an impressive 80.71 million tons in the first nine months. This represents a remarkable 21.2% increase compared to the same period last year and marks the highest export volume recorded in eight years, […]

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 […]