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December 10, 2024

Jessica Jumaway

Turkmenistan and Uzbekistan are taking significant steps to enhance their energy trade relationship. The two nations have recently reached an agreement to increase Turkmen natural gas exports to Uzbekistan, further solidifying their energy partnership.   This strategic move will not only benefit both countries but also contribute to regional energy security. By expanding gas trade, […]

December 9, 2024

Jessica Jumaway

Taiwan’s export performance in November demonstrated the resilience and innovation of its trade-driven economy, with exports climbing 9.7% year-on-year to $41.09 billion, surpassing market expectations. This marks the 13th consecutive month of growth, underscoring Taiwan’s pivotal role in global trade.   Key contributors to this success included the flourishing artificial intelligence (AI) sector and a […]

December 9, 2024

Jessica Jumaway

Global trade continues to play a transformative role in enhancing food security and promoting better nutrition worldwide, emphasized Deputy Director-General Jean-Marie Paugam at the WTO’s Annual Agriculture Symposium on December 9. Speaking on behalf of Director-General Ngozi Okonjo-Iweala, DDG Paugam highlighted how international trade fosters innovation, diversity, and resilience in food systems, driving positive global […]

December 6, 2024

Daisy

In a significant development for international trade, the Philippines has garnered approximately $5 billion in investment pledges from German and American companies this week. These commitments, spanning diverse sectors such as healthcare and energy, signal a substantial step forward for the country as it vies for foreign capital in the global market.   During President […]

December 6, 2024

Jessica Jumaway

The European Union and Mercosur, South America’s leading trade bloc, have reached a monumental free trade agreement, marking a new chapter in global economic collaboration. After over 20 years of negotiations, this milestone is set to expand market access, enhance trade ties, and stimulate economic growth for more than 700 million people across the two […]

December 6, 2024

Jessica Jumaway

Vietnam’s export sector is poised to achieve its highest growth rate since 2021, with an expected 18% increase by the end of the year. This impressive performance underscores the country’s expanding role in international trade and its ability to adapt and thrive in a competitive global market.   By mid-November, Vietnam’s export turnover reached 352.38 […]

December 5, 2024

Daisy

In a recent statement, China’s Ministry of Commerce affirmed its commitment to deepening economic and trade collaboration with Egypt. Minister Wang Wentao conveyed China’s eagerness to bolster relations and reiterated the nation’s support for Chinese enterprises seeking to invest and establish operations in Egypt.   During a meeting with the Egyptian Prime Minister held on […]

December 5, 2024

Daisy

In a bid to reform global trade rules within the World Trade Organization (WTO), the European Union’s trade chief, Valdis Dombrovskis, has emphasized the critical need for China to engage constructively in discussions. Dombrovskis warned that without China’s involvement, other nations may implement policies that could disadvantage China.   Ministers from the WTO’s 164 members […]

December 5, 2024

Jessica Jumaway

The Philippines’ pineapple industry is experiencing remarkable growth, with exports significantly expanding, particularly in its largest market—China. In 2023, the country exported an impressive 200,000 tons of pineapples to China, dominating the Chinese pineapple import market. This growth comes as a result of strong government policies that support the industry and boost its export potential. […]

December 5, 2024

Jessica Jumaway

Members of the World Trade Organization gathered to reflect on their substantial progress in promoting trade and environmental sustainability, looking ahead to the 14th Ministerial Conference in 2026. The meeting marked a key moment as the Philippines became the 78th co-sponsor of the Trade and Environmental Sustainability Structured Discussions initiative, strengthening the global commitment to […]

December 5, 2024

Jessica Jumaway

The trade partnership between Azerbaijan and Kazakhstan reached a remarkable milestone in 2024, with a bilateral trade turnover of $393.8 million from January to October, reflecting an impressive 38.7% growth compared to the previous year. This surge underscores the strong and growing economic collaboration between the two nations.   Azerbaijan’s exports to Kazakhstan rose by […]

December 4, 2024

Onyx

Mark your calendars for December 28–29, 2024 and get ready to explore the future of investing at the HITEX Exhibition Center, Hyderabad. The India Retail Investors Expo (IRIE) 2024 is South India’s premier platform designed to empower retail investors with the tools, knowledge, and connections needed to make informed financial decisions.   This year’s theme focuses […]

December 4, 2024

Jessica Jumaway

South Korea is ramping up its efforts to expand its presence in the global energy infrastructure market. The government has launched a new initiative aimed at boosting the country’s energy exports, particularly in the areas of power generation, transmission, and distribution.   With growing global demand for energy infrastructure, driven by technological advancements and the […]

December 4, 2024

Jessica Jumaway

Poland and Vietnam have taken a significant step forward in strengthening their trade relationship by finalizing an agreement on the phytosanitary requirements for highbush blueberry exports. This landmark arrangement paves the way for Poland to begin exporting its premium blueberries to Vietnam, with shipments anticipated to commence from the 2025 production season.   This development […]