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UK to Relaunch Trade Talks with India, Focuses on Strengthening Economic Partnership

November 18, 2024

Jessica Jumaway

The United Kingdom is set to relaunch discussions with India on a free trade agreement in early 2025, signaling a renewed commitment to building a stronger economic partnership between the two nations. Prime Minister Keir Starmer’s office confirmed on November 18 that talks would resume following a pause during the recent elections in both countries. […]

Moldova Sees Surge in Apple Exports to the EU, Doubling Export Value

November 17, 2024

Jessica Jumaway

Moldova has achieved a significant milestone in its agricultural export sector, with apple exports to the European Union reaching an impressive $12.48 million in the first ten months of 2024, marking a twofold increase in value compared to the previous year. This surge is attributed to the hard work of Moldovan farmers and targeted government […]

Thailand’s Economy Surges 3% in Q3, Fueled by Strong Exports and Strategic Stimulus Measures

November 17, 2024

Jessica Jumaway

Thailand’s economy exceeded expectations in the third quarter of 2024, with a robust 3% year-on-year growth, driven by a resurgence in exports and strategic government stimulus initiatives. The National Economic and Social Development Council (NESDC) reported this impressive performance, surpassing the 2.4% growth forecast and the 2.2% expansion seen in the previous quarter. Quarterly […]

Nigeria and India Forge Stronger Ties in Trade, Maritime Security, and Development

November 17, 2024

Jessica Jumaway

Nigeria and India have strengthened their economic and strategic partnership, focusing on maritime security, intelligence collaboration, and economic development. The announcement followed Indian Prime Minister Narendra Modi’s landmark visit to Nigeria, marking the first such visit by an Indian premier in 17 years, at the invitation of President Bola Tinubu. During their discussions at […]

Peru and Japan Strengthen Trade Relations with Defense and Mining Agreements

November 17, 2024

Jessica Jumaway

Peru and Japan have taken a significant step forward in strengthening their trade relations with the signing of key defense and mining cooperation agreements. The deals were officially signed by Peru’s President Dina Boluarte and Japan’s Prime Minister Shigeru Ishiba, following the Asia-Pacific Economic Cooperation (APEC) summit hosted in Lima. These agreements focus on […]

WTO E-Commerce Services Course Concludes in Geneva with Focus on Global Trade

November 15, 2024

Jessica Jumaway

An advanced course on the services aspects of e-commerce, hosted by the World Trade Organization (WTO), concluded on November 15 in Geneva, bringing together 27 government officials from WTO member and observer countries. The course, held from November 12 to 15, provided participants with valuable insights into the growing role of e-commerce in shaping global […]

Dominica Enhances Agricultural Trade with Increased White Potato Production

November 14, 2024

Jessica Jumaway

Dominica is taking a significant step to enhance its agricultural output and trade opportunities by expanding its white potato production for the 2024/25 season. The Ministry of Agriculture has announced plans to import 1,160 bags of high-quality seed potatoes, including popular varieties, to support the cultivation of over 40 acres of white potatoes from December […]

Brazil’s Orange Juice Exports Show Strong Revenue Growth

November 14, 2024

Jessica Jumaway

Brazil’s orange juice exports have achieved impressive revenue growth, despite facing production challenges. Between July and September 2024, Brazilian exporters generated USD 905.3 million from orange juice shipments, reflecting a 42.3% increase compared to the same period last year, which saw USD 636.1 million. This surge in revenue underscores the continued global demand for Brazilian […]

Peru Sees Strong Growth in Fresh Mandarin Exports in 2024

November 14, 2024

Jessica Jumaway

Peru has achieved significant success in its agricultural export sector, with fresh mandarin exports increasing by 32% in 2024. As of October 28, the country exported 210.66 million kilograms of mandarins, up from 159.65 million kilograms during the same period in 2023. This marks the highest export volume in recent years, surpassing the previous record […]

UK’s Focus on Free Trade and Strengthening EU Ties Vital for Economic Growth

November 14, 2024

Jessica Jumaway

The United Kingdom is encouraged to prioritize free trade and work towards strengthening its relationship with the European Union as a key strategy to enhance its economic growth, according to Bank of England Governor Andrew Bailey. In a recent speech, Bailey emphasized the critical importance of maintaining open and accessible trade policies amidst a global […]

Indonesia’s Trade Performance Exceeds Expectations, Strong Export Growth Drives Economic Momentum

November 14, 2024

Jessica Jumaway

Indonesia has posted impressive trade results for October 2024, showcasing strong growth in both exports and imports, which highlights the resilience of the nation’s trade sector amid global market dynamics. Exports from Indonesia reached $24.41 billion in October, growing by 10.25% year-on-year—significantly surpassing market expectations of a 3.84% increase. This marks the highest export […]

U.S. Pork Exports to Mexico Set for Record High, Strengthening North American Trade Ties

November 14, 2024

Jessica Jumaway

U.S. pork exports to Mexico are on track for a record-setting year, underscoring the strength of trade partnerships across North America and the rising demand for quality agricultural products. According to the U.S. Department of Agriculture (USDA) and U.S. Meat Export Federation (USMEF), September saw 91,492 metric tons (mt) of U.S. pork exported to Mexico—a […]

India’s Punjab Boosts Trade with Litchi Exports and Horticulture Growth

November 13, 2024

Jessica Jumaway

India’s Punjab is making notable progress in expanding its agricultural trade, with a special focus on horticulture and crop diversification to enhance the economic stability of its farmers. Under the leadership of Chief Minister Bhagwant Singh Mann, the state has been actively promoting the cultivation of high-value fruits, vegetables, and flowers. A standout achievement is […]

Peru’s Dragon Fruit Exports Set to Boost Trade and Economic Growth

November 13, 2024

Jessica Jumaway

Peru is on track to become a significant player in global trade with its rapidly growing dragon fruit industry, projected to reach $15 million in exports over the next three to four years. Known for its unique flavor and versatility, dragon fruit is capturing international attention as demand continues to rise. German Caballero, a […]

Philippines-South Korea Free Trade Agreement Set to Propel Apparel Exports, Strengthening Trade and Economic Growth

November 13, 2024

Jessica Jumaway

The Philippines is preparing for a remarkable boost in its apparel export industry, with a new Free Trade Agreement (FTA) with South Korea projected to push export values to $1 billion by 2025. Expected to be effective in the first quarter of next year, the agreement offers the Philippines access to South Korea’s vibrant, zero-tariff […]

Japan’s Energy Subsidies Boost to Empower Trade and Household Stability as Fuel Costs Rise

November 13, 2024

Jessica Jumaway

Japan is preparing to reinstate subsidies for electricity and gas prices from January, a proactive measure aimed at supporting households and energizing the broader economy in response to rising fuel costs. Expected to continue through March, these subsidies are poised to not only ease financial pressures on consumers but also stimulate economic activity—a move that […]

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