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Ukraine is actively seeking an agreement with Poland’s new government this week to put an end to the ongoing truck blockades at their shared border crossings, announced Ukraine’s Deputy Prime Minister. Polish truckers had recently resumed their blockade of key border crossings, demanding the reinstatement of a system that requires Ukrainian companies to obtain permits […]

December 20, 2023

Daisy

Europe, News, Trade Policy

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In a momentous development for international trade, the European Union (EU) and Kenya have officially signed an Economic Partnership Agreement (EPA). This landmark agreement is designed to bolster bilateral trade in goods, promote increased investment flows, and foster sustainable economic growth.   Distinguished by its comprehensive approach to sustainability, the EPA represents the most ambitious […]

December 20, 2023

Daisy

China, News, Trade Policy

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China, one of the world’s largest consumer markets and the leading global goods trader, is pushing forward with efforts to promote the integrated development of both domestic and foreign trade.   A recent circular released by the General Office of the State Council outlines 18 measures designed to accelerate this integrated development. Officials from various […]

December 20, 2023

Daisy

Argentina, Economic Policy, News

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In a significant move to address Argentina’s severe economic crisis, President Javier Milei, a self-described anarcho-capitalist, has signed a decree outlining a series of economic reforms aimed at revitalizing the nation’s economy. The reforms include the removal of export limits and a concerted effort to reduce stifling regulations that have hampered economic growth.   “This […]

December 20, 2023

Daisy

China, International Relations, News

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Nicaragua and China have taken steps to enhance their bilateral relations, signaling Beijing’s commitment to providing increased economic support to Nicaragua, which is facing sanctions from Western countries. This move also underscores China’s strategic interests in the Central American region, which is considered the United States’ sphere of influence.   China and Nicaragua re-established diplomatic […]

December 20, 2023

Daisy

News, Technology, United States

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U.S. Senator Marco Rubio, a Republican lawmaker, has called upon the Biden administration to impose sanctions on the Chinese chip design firm Brite Semiconductor due to its connections with China’s leading sanctioned chipmaker and its involvement with Chinese military suppliers. The move comes after recent reports revealed that Brite Semiconductor provides chip design services to […]

December 20, 2023

Daisy

Europe, International Trade, News

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European Union finance ministers have unanimously approved alterations to the EU’s fiscal regulations, introducing customized strategies for debt reduction and encouraging investments. These amendments hold substantial significance, and here’s an exploration of their importance.   Fostering Fiscal Responsibility: In a region where the euro serves as the common currency and the European Central Bank oversees […]

The United Kingdom and Switzerland are set to reinforce their financial ties with a post-Brexit agreement, aimed at deepening connections between the City of London and the Swiss banking system.   Chancellor Jeremy Hunt will sign the mutual recognition agreement during his visit to Berne, marking a significant step in bringing together Europe’s largest financial […]

In a significant diplomatic development, South Korea and Japan are set to engage in high-level economic talks for the first time in eight years, highlighting a positive shift in their relations. This move comes as both nations increasingly find themselves aligned on shared geopolitical concerns.   The talks, initially initiated in 1999, had been stalled […]

Gina M. Raimondo, U.S. Secretary of Commerce, held a significant meeting with Brazil’s Vice President and Minister of Development, Industry, Trade, and Services, Geraldo Alckmin, during her inaugural official visit to Brazil. This meeting serves to further bolster the bilateral and commercial relations between the United States and Brazil.   Building upon the meetings between […]

December 18, 2023

Daisy

International Trade, News

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Informal discussions aimed at reforming the WTO’s dispute settlement rules are approaching a conclusion, with members being informed that the “finish line is within reach.” These talks were the focus of the WTO’s Dispute Settlement Body (DSB) meeting held on December 18th.   Marco Molina, Deputy Permanent Representative of Guatemala to the WTO, reported on […]

December 18, 2023

Daisy

News, Trade Policy, United States

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In a bid to address concerns over increased reliance on China, Senator Joe Manchin, Chair of the Senate Energy and Natural Resources Committee, is calling for Congress to vote on reversing recent Treasury Department guidance related to electric vehicle (EV) tax credits. This guidance, issued earlier this month, has the potential to make it easier […]

December 18, 2023

Daisy

News, Trade Policy

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The Organization for Economic Cooperation and Development (OECD) has urged Brazil to take steps to enhance the potential growth of its economy by addressing mandatory spending and trade barriers, according to its latest Economic Survey of Brazil.   The OECD’s report pointed out that Brazil has made little progress in implementing the organization’s advice from […]

December 18, 2023

Daisy

International Trade, News

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The 2023 edition of the World Trade Organization (WTO) Young Professionals Programme (YPP) reached its inspiring conclusion, as WTO Director-General Ngozi Okonjo-Iweala extended her heartfelt congratulations and best wishes to the 17 talented individuals who participated in this year’s cohort. The farewell ceremony, a celebratory event held to mark the official closure of the program, […]

December 17, 2023

Daisy

International Trade, Japan, News

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Leaders from Japan and the Association of Southeast Asian Nations (ASEAN) gathered in Tokyo for a special summit on Sunday, marking the 50th anniversary of official Japan-ASEAN ties. The summit adopted a joint vision highlighting security and economic cooperation while upholding the rule of law, especially in the context of rising tensions in regional waters […]