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Fish Week Commences as Negotiations Push for MC13 Outcome

December 4, 2023

Daisy

Economic Development, News

0

In an endeavor to lay the groundwork for the 13th Ministerial Conference (MC13), the chair of the fisheries subsidies negotiations, Ambassador Einar Gunnarsson of Iceland, inaugurated the final “Fish Week” of 2023 on December 4th. The primary objective of this week is to propel the work towards a favorable outcome.   Ambassador Gunnarsson has taken […]

UAE and Colombia Forge Historic Bilateral Trade Agreement

December 2, 2023

Daisy

Colombia, News, Trade Relations, United Arab Emirates

0

In a significant milestone, the United Arab Emirates (UAE) has announced the successful conclusion of a comprehensive trade agreement with Colombia, marking the first-ever bilateral trade pact between the Gulf region and South America.   Thani Al Zeyoudi, UAE’s Minister of State for Foreign Trade, made the announcement on Saturday, underscoring the groundbreaking nature of […]

Global Collaboration Bolsters Efforts in Trade, Food, and Climate Change

December 1, 2023

Daisy

International Trade, News

0

In a momentous development, two prominent international organizations have come together to address urgent global challenges. The World Trade Organization (WTO) and the United Nations Food and Agriculture Organization (FAO) have recently forged an agreement to strengthen their cooperation and collaboration in areas encompassing food and agricultural trade and climate change. This agreement, signed on […]

Global Efforts to Decarbonize Steel Industry Receive Strong Backing at COP28

December 1, 2023

Daisy

International Trade, News

0

In a significant development, key players from standard-setting bodies, international organizations, steel producers, and industry associations have united to endorse a set of principles aimed at revolutionizing the measurement of greenhouse gas emissions within the steel sector. The momentous partnership, known as the Steel Standards Principles, received a warm welcome from Director-General Ngozi Okonjo-Iweala on […]

China and Vietnam Explore Railway Upgrade Through Rare Earths Region

November 30, 2023

Daisy

China, International Trade, News, Vietnam

0

China and Vietnam are engaged in discussions to potentially enhance their underdeveloped railway connections, with the aim of bolstering a rail line that traverses Vietnam’s rare earths-rich region and connects to the country’s primary northern port. Senior officials and diplomats have confirmed these talks, which coincide with preparations for a potential visit to Hanoi by […]

China Initiates Review of Anti-Subsidy Tariffs on Australian Wine Imports

November 30, 2023

Daisy

China, International Trade, News

0

In a significant development aimed at improving relations between China and Australia, China has officially announced its intention to review the anti-dumping and anti-subsidy tariffs imposed on Australian wine imports. This long-anticipated move is seen as a crucial step towards easing tensions and enhancing trade cooperation between the two nations.   China’s Commerce Ministry issued […]

Taiwanese Auto Parts Manufacturer Expands to U.S. Amidst Global Challenges

November 30, 2023

Daisy

International Trade, News, Taiwan, United States

0

In response to evolving global dynamics and supply chain uncertainties, Hota Industrial Mfg. Co, a renowned Taiwanese auto parts manufacturer, is making a strategic shift by establishing its first manufacturing facility in the United States. For decades, Hota has been a key supplier of gears, shafts, and other automotive components to major foreign car manufacturers […]

Surecomp further expands electronic trade document connection with CargoX partnership

November 29, 2023

Daisy

Digital Trade, News

0

Toronto, Canada, 29th November 2023 – Surecomp today announced that CargoX is the latest partner to join its RIVO™ platform. The collaboration further expands Surecomp’s fintech ecosystem, affording customers centralized access to a choice of best-in-class electronic trade document solutions through which to streamline their digital trade finance process.   Operating its own independent Blockchain Document Transfer (BDT) platform, […]

Bolivia to Secure Full Membership in Mercosur Trade Bloc

November 29, 2023

Daisy

International Trade, News

0

In a significant development, Bolivia is poised to become a full-fledged member of the South American Mercosur trade bloc, following the approval of its admission by the Brazilian Senate on Tuesday. This crucial step towards bolstering regional trade ties is expected to be formally ratified during a regional summit scheduled for December 7 in Rio […]

New Zealand Aims to Enhance Engagement with the United States

November 29, 2023

Daisy

International Relations, News

0

New Zealand’s Foreign Minister, Winston Peters, expressed his country’s intent to strengthen its engagement with the United States regarding strategic, security, and economic challenges. Speaking at the United States Business Summit in Auckland, Peters outlined New Zealand’s commitment to fostering shared values, regional security, and economic growth.   In his first address as foreign minister […]

Vietnam-Japan Relations Reach New Heights with Comprehensive Strategic Partnership

November 27, 2023

Daisy

Bilateral Trade Relation, Japan, News, Vietnam

0

In a landmark development for international trade, Vietnam and Japan have officially elevated their bilateral relations to a “comprehensive strategic partnership”. This significant advancement was formalized during Vietnamese President Vo Van Thuong’s visit to Tokyo, marking a key milestone in both countries’ diplomatic journeys.   This enhanced partnership underscores Vietnam’s pivotal role in the global […]

Global Trade Shows Signs of Recovery Amid Uncertainty

November 27, 2023

Daisy

News, Trade Relations

0

The latest quarterly WTO Goods Trade Barometer, released on November 27, indicates a rebound in the volume of global merchandise trade following a recent decline. Key drivers of this recovery include increased automobile sales and production, as well as the trade in electronic components. However, while trade volumes are on the mend, mixed economic data […]

China, Japan, and South Korea Take Steps to Improve Relations and Plan Summit

November 25, 2023

Daisy

China, Geopolitics, Japan, News, South Korea

0

In an effort to ease tensions and enhance cooperation, China, Japan, and South Korea have agreed to restart diplomatic and economic exchanges and work toward organizing a summit. Despite China’s attempts to mend relations with the United States, Beijing is concerned about the strengthening partnership between Washington and its key regional allies.   Previously, Beijing, […]

Somalia Joins East Africa Trade Bloc as It Eyes New Opportunities

November 24, 2023

Daisy

Africa, Geopolitics, News

0

Somalia has officially become the eighth member of the East African Community (EAC) trade bloc, a development expected to have significant implications for the region’s economy and trade opportunities. The EAC, comprising countries such as Kenya, Tanzania, Uganda, and others, has welcomed Somalia into its common market, expanding its market size to nearly 300 million […]

European Union Boosts Global Fisheries Sustainability with EUR 1 Million Contribution to WTO Fund

November 23, 2023

Daisy

Europe, International Trade, News

0

In a landmark move to promote sustainable marine fisheries, the European Union has generously donated €1 million to the World Trade Organization’s Fisheries Funding Mechanism. This multi-year contribution, presented by Ambassador João Aguiar Machado to WTO Director-General Ngozi Okonjo-Iweala, is a significant step toward assisting developing and least-developed members in implementing the Agreement on Fisheries […]

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