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Stay Updated with the Latest News from the International Trade Council and Our Members

Egypt and EU Strengthen Trade Ties with €90 Million Agreement for Food Security

March 3, 2025

Jessica Jumaway

Egypt and the European Commission have signed a €90 million ($93.9 million) soft funding agreement to enhance food security and modernize the country’s grain storage and logistics infrastructure, the Egyptian Ministry of International Cooperation announced on Monday.   The funding, provided by the European Investment Bank (EIB), is part of the broader Food Resilience Project, […]

South Korea and U.S. Strengthen Trade Cooperation

March 3, 2025

Jessica Jumaway

South Korea’s Acting President Choi Sang-mok emphasized the importance of unity among the government, parliament, and private sector to enhance the country’s trade strategies and strengthen economic ties with the United States.   During a recent cabinet meeting, Choi highlighted the progress in discussions between South Korea and the U.S., announcing the formation of a […]

India Expands Investment Plans to Strengthen U.S. Trade and Infrastructure

March 1, 2025

Jessica Jumaway

A leading global conglomerate is renewing plans for significant infrastructure investments in the United States, with a strong focus on energy, utilities, and port development.   The initiative aims to strengthen trade and economic ties by supporting key industries such as nuclear power and petrochemicals while enhancing logistics capabilities along the East Coast. These developments […]

EU and India Advance Free Trade Agreement to Strengthen Economic Ties

February 28, 2025

Jessica Jumaway

The European Union and India have reaffirmed their commitment to concluding a long-awaited free trade agreement (FTA) by the end of 2025, marking a significant step in enhancing bilateral trade and investment opportunities. European Commission President Ursula von der Leyen highlighted the shared ambition to foster economic growth through deeper cooperation in trade, technology, and […]

Thailand’s Mango Exports Flourish with South Korea Leading the Market

February 28, 2025

Jessica Jumaway

Thailand’s mango export industry has witnessed remarkable growth, with South Korea emerging as the top destination for Thai mangoes. This surge is attributed to favorable import policies by the South Korean government and the rising popularity of Thai mango sticky rice among consumers.   In 2024, Thailand exported fresh mangoes worth approximately 2.93 billion baht […]

U.S. Potato Exports Flourish in UAE, Boosting Trade and Market Expansion

February 27, 2025

Jessica Jumaway

The United States has seen impressive growth in potato exports to the United Arab Emirates (UAE), reflecting the strong demand for high-quality agricultural products in the region. Potatoes USA, in collaboration with the USDA Market Access Program (MAP), has successfully strengthened trade opportunities in the Gulf Cooperation Council (GCC) markets through targeted promotional efforts.   […]

South Korea and U.S. Strengthen Trade and Investment Dialogue

February 27, 2025

Jessica Jumaway

South Korea and the United States have reaffirmed their commitment to strong economic ties through high-level discussions on trade and investment. South Korea’s Acting President and Finance Minister, Choi Sang-mok, held a video conference with U.S. Treasury Secretary Scott Bessent on February 28, 2025, focusing on tariffs, investment cooperation, and foreign exchange policies.   During […]

Vietnam’s Lobster and Shrimp Exports Surge in Key Markets

February 26, 2025

Jessica Jumaway

Vietnam’s seafood sector is experiencing strong export growth, with lobster and shrimp shipments seeing significant gains in key international markets. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), lobster exports to China reached $70 million in January, accounting for nearly half of Vietnam’s total seafood export turnover to the country. Including exports […]

Indonesia’s Biodiesel Expansion to Shape Palm Oil Trade in 2025

February 26, 2025

Jessica Jumaway

Indonesia, the world’s largest palm oil producer, is set to increase its biodiesel production in 2025, impacting overall export volumes. Despite a projected rise in crude palm oil production to 50 million metric tons from 48.16 million metric tons in 2024, exports are expected to decline by 7.3% to 27.35 million metric tons due to […]

Ecuador Expands Trade Opportunities With First Fruit Exports to Argentina

February 26, 2025

Jessica Jumaway

Ecuador has achieved a significant milestone in international trade by successfully exporting its first shipment of Hass avocados and red dragon fruit to Argentina. This development strengthens Ecuador’s presence in global markets and opens new opportunities for its agricultural sector.   The shipment, consisting of 24 tonnes of Hass avocados and 11.5 tonnes of red […]

Argentina Expands Livestock Trade With Live Cattle Export Approval

February 26, 2025

Jessica Jumaway

Argentina has taken a significant step in expanding its agricultural trade by authorizing live cattle exports for slaughter, a move that reverses a policy in place for more than 50 years. This decision follows a record-breaking year for the country’s beef exports, which reached their highest level in a century.   As a global leader […]

Vietnam and New Zealand Strengthen Economic Ties With Strategic Partnership

February 26, 2025

Jessica Jumaway

Vietnam and New Zealand have elevated their bilateral relations with the signing of a Comprehensive Strategic Partnership, focusing on expanding economic collaboration, trade, and investment.   As part of this agreement, both nations will develop a joint plan of action over the next year to enhance cooperation in key sectors, including political engagement, defense security, […]

India Strengthens Domestic Supply Chain with Potential Extension of Met Coke Import Curbs

February 25, 2025

Jessica Jumaway

India is taking proactive steps to enhance its domestic steel supply chain by considering an extension of import restrictions on low-ash metallurgical coke (met coke). This initiative aims to boost local production and strengthen the country’s self-sufficiency in steelmaking.   Earlier this year, India introduced country-specific quotas, limiting total met coke imports to 1.4 million […]

Turkey’s Exports to Africa Surge to $1.5 Billion in January, Strengthening Trade Partnerships

February 25, 2025

Jessica Jumaway

Turkey’s trade with Africa continues to grow, reaching $1.5 billion in exports in January, showcasing strong economic ties and increasing demand for Turkish products. According to the Turkish Exporters’ Assembly, North African markets played a key role, accounting for 67% of total exports to the continent.   Egypt led the way, importing $256.3 million worth […]

Vietnam’s Textile and Garment Exports Strengthen Global Trade Presence

February 24, 2025

Jessica Jumaway

Vietnam’s textile and garment sector is making remarkable strides in 2025, reinforcing its role as a key contributor to global trade. With increasing demand from international markets and strategic industry advancements, Vietnam continues to solidify its position as a leading exporter in the global textile supply chain.   The country recorded $3.19 billion in textile […]

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