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U.S. Trade Chief Calls for a More Effective U.S.-Africa Trade Programme

November 4, 2023

Daisy

Africa, News, Trade Relations, United States

0

  U.S. Trade Representative Katherine Tai emphasized the need for a “more useful and effective” trade programme with Africa during talks in South Africa over the future of the African Growth and Opportunity Act (AGOA). AGOA, which grants qualifying African countries duty-free access to the U.S. market, is set to expire in September 2025, with […]

South Korea’s President Yoon Seeks Enhanced Trade and Investment Ties with Ireland

November 3, 2023

Daisy

International Trade, Ireland, News, South Korea

0

South Korean President Yoon Suk-yeol expressed his aspirations for a substantial growth in trade and investment between South Korea and Ireland. This vision comes as the two nations collaborate to bolster their partnership in the fields of biotechnology and education.   During a bilateral summit held in Seoul with Irish Prime Minister Leo Varadkar, President […]

Exploring New Avenues for LDCs’ Integration into Global Trade

November 3, 2023

Daisy

International Trade, News

0

International trade provides a well-established pathway for least-developed countries (LDCs) to achieve sustainable economic growth and development. However, LDCs face various challenges as they strive to increase their share of global trade, including domestic capacity limitations and trade barriers in export markets.   A recent collection of essays titled “LDCs and the Multilateral Trading System […]

U.S. Organizes Seventh Round of Indo-Pacific Negotiations Ahead of APEC Summit

November 2, 2023

Daisy

Geopolitics, News, United States

0

  In a strategic move, the Biden administration has scheduled the seventh negotiating round for its Indo-Pacific Economic Framework (IPEF) arrangements in San Francisco, just days before a crucial summit of Pacific Rim leaders. The U.S. Trade Representative’s office announced these talks, which will take place from November 5th to 12th, with the objective of […]

U.S. Farm Leaders Foster Agriculture Trade Relations During Visit to China

November 2, 2023

Daisy

Agricultural Trade, China, News, United States

0

In a bid to strengthen agricultural trade ties, a group of U.S. agriculture industry representatives convened in Beijing, marking a significant development amidst ongoing political tensions between the United States and China. This delegation comprises 11 prominent organizations, including the U.S. Soybean Export Council, U.S. Grains Council, and U.S. Wheat Associates. Their visit follows closely […]

Malaysia Seeks Foreign Investment in Thriving EV and Semiconductor Sectors

November 2, 2023

Daisy

Foreign Direct Investment, Malaysia, News

0

In a bid to enhance its position as a global manufacturing hub, Malaysia is actively pursuing foreign investments in high-value sectors like electric vehicles (EVs), semiconductors, and carbon capture, according to the country’s Trade and Investment Minister, Tengku Zafrul Aziz.   With a well-established reputation in manufacturing, Malaysia now seeks to ascend the value chain […]

Biden Aims to Enhance U.S.-Africa Trade Program, Beyond Renewal

November 2, 2023

Daisy

Africa, News, Trade Relations, United States

0

U.S. Secretary of State Antony Blinken has highlighted the Biden administration’s intention to not only renew but also improve the African Growth and Opportunity Act (AGOA), a pivotal trade program with Africa. AGOA, initially launched in 2000, offers qualifying African countries duty-free access to the U.S. market, the largest consumer market globally. With its expiration […]

U.S. Agricultural Delegation Strengthens Trade Ties with China Amid Diplomatic Challenges

November 2, 2023

Daisy

China, International Trade, News, United States

0

A delegation of U.S. agricultural industry leaders convened in Beijing to engage with their Chinese counterparts, underscoring the importance of agricultural trade between the two nations despite ongoing political tensions. The gathering included representatives from 11 organizations, including the U.S. Soybean Export Council, U.S. Grains Council, and U.S. Wheat Associates, who met in the wake […]

Dutch Semiconductor Firms Explore Chip Manufacturing Opportunities in Vietnam Amid China Trade Tensions

November 2, 2023

Daisy

China, International Trade, News

0

A delegation of Dutch semiconductor companies and suppliers is considering investment opportunities in Vietnam as part of efforts to diversify their manufacturing base and reduce reliance on China amidst growing trade tensions between China and Western countries. The delegation, led by outgoing Dutch Prime Minister Mark Rutte during a business mission to Hanoi, included representatives […]

African Union Calls for a 10-Year Extension of AGOA Trade Program, Urges Postponement of Modifications

November 2, 2023

Daisy

Africa, International Trade, News

0

The African Union (AU) is advocating for a minimum 10-year extension of the African Growth and Opportunity Act (AGOA), emphasizing the need for stability and predictability in trade relations between Africa and the United States. Speaking at a series of meetings between African trade ministers and U.S. officials, AU Trade Commissioner Albert Muchanga urged that […]

WTO Grants Extension to China in Trade Dispute with Japan

November 1, 2023

Daisy

China, International Trade, Japan, News

0

In a recent development highlighting the ongoing negotiations in International trade, the World Trade Organization (WTO) has announced an extension of the deadline for China to conform to its rules. This decision, pertaining to a dispute with Japan over anti-dumping measures concerning stainless steel products, now gives China until May 8, 2024, to align its […]

Ukraine Enhances Oversight on Food Exports to Safeguard Economic Interests

November 1, 2023

Daisy

International Trade, News, Ukrain

0

In a move to bolster transparency and safeguard its economic interests, Ukraine has announced new regulations governing food exports. These measures, aimed at curbing potential abuses like tax evasion in the export of crucial agricultural products, were outlined in a government resolution released on Wednesday.   Ukraine stands as one of the globe’s leading food […]

New Import Licensing Notification Portal Enhances Transparency and Efficiency in Global Trade

November 1, 2023

Daisy

International Trade, News

0

In a significant development, the Committee on Import Licensing Procedures unveiled the Import Licensing Notification Portal on October 31st. This innovative digital platform marks a pivotal step towards enhancing transparency and streamlining the import licensing process within the World Trade Organization (WTO). Members of the committee can now draft and submit import notifications online, ushering […]

French President Macron Strengthens Ties with Kazakhstan Amid Evolving Geopolitical Landscape

November 1, 2023

Daisy

International Relations, Kazakhstan, News

0

French President Emmanuel Macron embarked on a visit to Kazakhstan, marking the initial leg of his Central Asia tour. This region, traditionally considered Russia’s sphere of influence, has gained renewed Western attention in light of the Ukraine conflict.   Kazakhstan, an oil-rich nation, has assumed a crucial role as a substitute crude oil supplier for […]

AGOA Forum Set to Shape Future of U.S.-Africa Trade Relations

November 1, 2023

Daisy

Africa, News, Trade Relations, United States

0

The African Growth and Opportunity Act (AGOA), a cornerstone of U.S.-Africa trade relations since 2000, will be the focal point of discussions at the upcoming AGOA Forum in Johannesburg. This year’s event is critical as it precedes the 2025 expiration of the program, sparking debates on its renewal, reform, and impact.   Established under former […]

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