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November 29, 2024

Daisy

In a remarkable feat of strategic planning and infrastructure development, India is making significant strides in expanding its fresh fruit exports, particularly bananas, to European markets. Despite the geographical distance, the country has set an ambitious target of achieving one billion dollars in exports, showcasing a commitment to leveraging its agricultural potential through innovative approaches. […]

November 29, 2024

Daisy

In a significant move towards enhancing economic collaboration, Taiwan and Canada formally sealed a bilateral investment deal on Friday. This accord not only reinforces the Taiwanese government’s commitment to fostering business partnerships with like-minded democratic allies but also paves the way for potential inclusion in a major pan-Pacific trade pact.   Taiwan, seeking increased diplomatic […]

November 29, 2024

Jessica Jumaway

Canada is emphasizing the importance of stronger collaboration between the United States, Mexico, and Canada to create a unified approach to trade policies regarding China. Finance Minister Chrystia Freeland expressed confidence that the three nations have a valuable opportunity to align their strategies, ensuring a fair and competitive trade environment in North America.   Speaking […]

November 29, 2024

Jessica Jumaway

The World Trade Organization (WTO) General Council has reappointed Dr. Ngozi Okonjo-Iweala as Director-General for a second four-year term, set to begin on September 1, 2025. This decision underscores her exceptional leadership and significant contributions to advancing the global trade agenda.   Throughout her first term, Dr. Okonjo-Iweala played a pivotal role in guiding the […]

November 28, 2024

Jessica Jumaway

Moldova’s grape sector is achieving unprecedented success, with exports to the European Union (EU) now accounting for 74% of its total, up from 36% in 2021. This positive shift reflects Moldova’s dedication to enhancing its agricultural trade and tapping into new global markets.   In the first ten months of 2024, the value of grape […]

November 28, 2024

Jessica Jumaway

Benin’s vibrant pineapple industry is poised for a significant leap in global trade as exporters prepare to expand their market reach to China. Currently, the West African nation exports around 85% of its premium-quality pineapples to France. However, new developments in infrastructure and strategic discussions are paving the way for a diversified export portfolio.   […]

November 28, 2024

Jessica Jumaway

Germany is taking a significant step to enhance its semiconductor industry and strengthen its role in global trade. The government has announced plans to allocate billions of euros in subsidies to support advanced chip production, a move designed to boost technological innovation and reinforce Europe’s position in the global semiconductor market.   The initiative aligns […]

November 28, 2024

Jessica Jumaway

China’s manufacturing activity is expected to continue its modest growth in November, marking the second consecutive month of expansion. Following a series of stimulus measures designed to bolster the world’s second-largest economy, the official Purchasing Managers’ Index (PMI) is projected to rise to 50.2, slightly higher than October’s reading of 50.1. A PMI above 50 […]

November 27, 2024

Daisy

The EU-Mercosur trade talks have significantly gained momentum in anticipation of an upcoming leadership transition in Argentina. Diplomats and trade experts highlight that the new administration’s approach is expected to align with the ongoing efforts to finalize the trade agreement, ensuring continuity and stability in the South American common market.   The heightened focus on […]

November 27, 2024

Daisy

In a recent survey by the Ifo economic institute, a subtle yet positive shift has been observed in the sentiment among German exporters as of November. Despite the overall cautious outlook, a select few sectors are showing signs of optimism regarding export growth.   The Ifo’s export expectations indicator, a key measure of the mood […]

November 26, 2024

Jessica Jumaway

Korea’s dried seaweed exports have achieved record-breaking success in 2024, underscoring the nation’s growing influence in the international food trade. According to the Ministry of Oceans and Fisheries, exports reached $850 million between January and October, already surpassing 2023’s annual record of $792 million. The year-end forecast predicts this figure will exceed $1 billion, marking […]

November 26, 2024

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November 26, 2024

Jessica Jumaway

Thailand’s export sector delivered impressive results in October 2024, surpassing expectations and showcasing the resilience of the nation’s supply chain. According to data from the commerce ministry, exports rose by 14.6% year-on-year, significantly exceeding the 5.2% increase anticipated by analysts. This robust growth follows a more modest 1.1% rise in September, highlighting the positive momentum […]

November 26, 2024

Jessica Jumaway

Kazakhstan continues to bolster its role as a key agricultural exporter, recording an impressive fivefold increase in potato exports to Turkmenistan from January to August 2024. According to the country’s statistical office, Turkmenistan imported 17,500 tons of Kazakh potatoes during this period, solidifying its place as a significant trade partner in the region.   This […]