News

China Engages with EU to Strengthen Trade Relations on Electric Vehicles

October 9, 2024

Jessica Jumaway

In a proactive move to enhance trade relations, China is engaging in “intensive communications” with the United States and the European Union regarding electric vehicle (EV) trade issues. This initiative follows the EU’s recent anti-subsidy ruling on Chinese EVs, announced on October 4, 2024, and reported by the state news agency Xinhua. The ruling has […]

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South Korea and Singapore Set to Strengthen Trade Relations Through Strategic Partnership

October 8, 2024

Jessica Jumaway

In a significant advancement for trade and regional cooperation, South Korea and Singapore have announced their intention to establish a strategic partnership in 2025, coinciding with the 50th anniversary of their diplomatic relations. This exciting development was unveiled during a joint press conference by South Korean President Yoon Suk Yeol and Singapore’s Prime Minister Lawrence […]

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Vietnam Elevates Diplomatic Relations with France to Comprehensive Strategic Partnership

October 8, 2024

Jessica Jumaway

Vietnam has reached a significant milestone by upgrading its diplomatic relations with France to a “comprehensive strategic partnership.” This notable achievement was announced during Vietnamese President To Lam’s recent visit to Paris, highlighting Vietnam’s growing importance in global supply chains and its skillful navigation of international relations through its flexible foreign policy, often referred to […]

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Philippine-European Union Free Trade Deal Set to Boost Exports to $8.3 Billion

October 3, 2024

Daisy

The Philippines is set to achieve a major increase in exports to the European Union as progress continues on a potential Free Trade Agreement between the two regions. A recent study from the Philippines suggests this agreement could elevate exports to the European Union to an impressive $8.3 billion, opening new doors for economic growth. […]

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Poland’s Technology Exports Continue to Thrive for 12th Consecutive Year

October 2, 2024

Daisy

Poland’s technology exports have experienced impressive growth for the twelfth year in a row, according to a recent report from the Polish Development Fund, a government-backed investment organization. In 2023, the technology sector accounted for 9.6% of the country’s total exports, a notable increase from 9.2% the previous year, reflecting a robust upward trend in […]

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Vietnam’s Pepper Exports Achieve $1 Billion Milestone in 2024

October 2, 2024

Daisy

Vietnam’s pepper industry is celebrating remarkable success in 2024, with exports soaring to an impressive $1 billion in the first nine months. This achievement highlights the country’s position as a global leader in pepper production, despite a slight 1.5% drop in volume. The value of exports has surged by 46.9% year-on-year, driven by a significant […]

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China’s Global Cleantech Investments Exceed $100 Billion, Driving International Trade Opportunities

October 2, 2024

Daisy

Chinese investments in clean energy technology abroad have surpassed $100 billion since 2023, marking a significant boost for global trade and collaboration in the cleantech sector, according to research from Climate Energy Finance (CEF). This surge highlights China’s expanding role in supporting the global transition to sustainable energy, with its overseas projects driving growth in […]

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Brazil’s Fruit Export Industry Poised for Growth, Tapping into Global Demand

October 2, 2024

master

Brazil, a global leader in fruit production, is gearing up to expand its presence in the international market. While the country contributed less than 1% to global fruit exports last year, with $1.2 billion in exports, there is immense potential for growth. As the third-largest fruit producer worldwide, Brazil’s abundant supply of tropical fruits like [...]

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U.S. Commerce Department Announces New Duties on Solar Imports from Southeast Asia

October 1, 2024

Daisy

In a significant move to promote fair trade and bolster domestic solar manufacturing, the U.S. Commerce Department has introduced preliminary countervailing duties on solar cell imports from Vietnam, Cambodia, Malaysia, and Thailand. These measures aim to ensure a level playing field for U.S. solar producers, safeguarding billions of dollars in American investments while encouraging healthy […]

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Uzbekistan’s Plum Exports Reach $24.3 Million, Strengthening Global Trade Relations

October 1, 2024

Daisy

Uzbekistan’s plum exports have surged this year, with revenues reaching $24.3 million between January and August 2024. This marks a $4.1 million increase compared to the same period last year, showcasing the country’s growing influence in global trade. According to the Uzbekistan Statistics Agency, 30.1 thousand tons of plums were exported to 12 countries, highlighting […]

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Kazakhstan Explores Opportunities to Expand Gas Exports to China

October 1, 2024

Daisy

Kazakhstan is actively exploring ways to enhance its gas exports to China, with plans for a potential new pipeline to increase capacity. This initiative highlights the country’s growing importance in the regional energy market and reflects its commitment to fostering international trade.   Despite challenges in the global economy, demand for gas in China continues […]

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South Korea’s September Exports Reach New Heights, Signifying Strong Trade Momentum

October 1, 2024

Daisy

In a remarkable display of economic resilience, South Korea’s exports surged 7.5% year-on-year in September, totaling a record $58.77 billion. This outstanding performance marks the 12th consecutive month of growth, reflecting the nation’s strong position in global trade.   Leading the charge were the semiconductor and automobile sectors, which achieved all-time highs. Semiconductor exports soared […]

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Belgian Pork Exports Thrive in the UK, Showcasing Resilience and Adaptability

October 1, 2024

Daisy

Belgian pork exports continue to flourish in the UK, proving their resilience and adaptability in the face of evolving trade landscapes and consumer preferences. Valued for its premium quality, Belgian pork has solidified its presence in the UK market, navigating past challenges such as Brexit and changing regulations, while maintaining strong trade relations with British […]

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Chile Targets 40% Growth in Cherry Exports, Strengthening Global Trade Relations

October 1, 2024

Daisy

Chile is on the verge of a significant leap in its cherry exports, targeting a remarkable 40% increase for the upcoming season. After exporting close to 83 million boxes last year, Chile anticipates between 115 and 120 million boxes in the next season, as stated by Manuel José Alcaino, President of Decofrut. This surge is […]

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Cargo Operations Resume at Major U.S. Trade Hub, Ensuring Continued Flow of Global Goods

September 30, 2024

Daisy

  Cargo operations at a key U.S. trade hub are back in full swing after a brief disruption caused by an overturned tractor-trailer carrying lithium batteries. The quick and efficient response ensured that the flow of global goods through the port was minimally impacted, reinforcing the resilience of the logistics network.   Following the incident, […]

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Smartphone Exports Propel India as Top Product Exporter to the U.S.

September 30, 2024

Daisy

India’s smartphone exports have emerged as the country’s leading product export to the United States, surpassing traditional sectors like diamond exports. This significant milestone highlights India’s expanding role in the global technology trade and showcases the country’s commitment to enhancing its manufacturing capabilities.   The trend began earlier this year when smartphone exports reached impressive […]

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