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

Peru Deepens East Asian Economic Ties with New Hong Kong FTA and Upgraded China Pact

July 23, 2026

Jessica Jumaway

Peru has significantly strengthened its economic integration with East Asia through two major trade developments on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Lima. The South American nation signed a brand-new free trade agreement (FTA) with Hong Kong and finalized an upgraded protocol for its existing bilateral trade pact with mainland China. […]

Global Air and Rail Freight Volumes Surge as Shippers Seek Alternatives to Red Sea Disruptions

July 23, 2026

Jessica Jumaway

The global logistics landscape is experiencing a significant shift in transportation modes as shippers seek alternatives to prolonged maritime disruptions. According to recent data from the International Air Transport Association (IATA), reported by Reuters, global air cargo demand grew by 12.2% year-on-year in the latest reporting period. Measured in cargo tonne-kilometers, this growth represents the […]

Critical Minerals and Digital Infrastructure Drive Major FDI Deals in Europe and South America

July 22, 2026

Jessica Jumaway

Foreign direct investment is increasingly targeting the dual pillars of the modern global economy: digital infrastructure and the critical minerals required for the green energy transition. Recent multi-billion dollar transactions in Europe and South America highlight how multinational corporations are positioning themselves to secure vital resources and computing capacity. In South America, mining giants BHP […]

United States and Japan Expand Critical Minerals Agreement to Strengthen Battery Supply Chains

July 22, 2026

Jessica Jumaway

According to a report by the Wall Street Journal, the United States and Japan have formally expanded their bilateral critical minerals agreement through a newly signed amendment. This strategic update is aimed at bolstering the resilience of supply chains essential for the production of electric vehicle (EV) batteries, reflecting a shared commitment to securing key […]

UAE Expands Global Trade Footprint with Landmark Colombia and South Korea Agreements

July 22, 2026

Jessica Jumaway

The United Arab Emirates (UAE) has significantly expanded its international trade network by finalizing two major Comprehensive Economic Partnership Agreements (CEPAs) with Colombia and South Korea. These agreements, signed in rapid succession in July 2026, align with the Gulf nation’s strategic push to diversify its economy away from oil and establish deeper ties across South […]

Global Ports Accelerate Expansion and Privatization to Combat Freight Congestion

July 22, 2026

Jessica Jumaway

In response to persistent supply chain bottlenecks and shifting trade patterns, major global port authorities are accelerating infrastructure upgrades and embracing private sector partnerships. Recent developments in South Africa and Vietnam highlight a coordinated effort to expand terminal capacity, deepen shipping channels, and alleviate congestion that has affected international freight movements. In Southern Africa, state-owned […]

Egypt and Singapore-Rwanda Corridor Expand Blockchain Integration in Customs and Bilateral Trade

July 21, 2026

Jessica Jumaway

National governments and regulatory authorities are increasingly integrating decentralized ledger technology into their customs frameworks and bilateral trade corridors to streamline cross-border operations. According to a report by The Loadstar, Egypt’s Ministry of Finance has extended its partnership with the blockchain-based document transfer platform CargoX. This extension supports the country’s mandatory Advance Cargo Information (ACI) […]

German Corporate Investment in the United States Reaches Record Highs Amid Domestic Pressures

July 21, 2026

Jessica Jumaway

German corporations have committed record levels of foreign direct investment (FDI) to the United States, marking a significant shift in global capital allocation. According to reports from the Financial Times, Reuters, and Bloomberg, this unprecedented wave of investment reflects a strategic realignment by European industrial giants seeking to mitigate domestic economic challenges by expanding their […]

India Accelerates Foreign Direct Investment Inflows with Landmark EFTA Deal and Space Sector Liberalization

July 21, 2026

Jessica Jumaway

India has taken significant steps to enhance its foreign direct investment (FDI) landscape through two major developments: the signing of a landmark trade agreement with the European Free Trade Association (EFTA) and a sweeping liberalization of its space sector regulations. According to reports from Reuters, Bloomberg, and the Financial Times, these initiatives represent a strategic […]

Canada and India Introduce Major Digital Customs Upgrades to Streamline Commercial Imports

July 21, 2026

Jessica Jumaway

The Canada Border Services Agency (CBSA) officially launched the CBSA Assessment and Revenue Management (CARM) system, marking a complete transition to this new digital system of record for commercial importers. According to the Government of Canada, the CARM system digitalizes and streamlines the collection of duties and taxes for goods entering the country. The Canadian […]

European Union and United Kingdom Tighten Import Controls with New Compliance Measures

July 21, 2026

Jessica Jumaway

European border authorities are significantly tightening regulatory compliance for incoming goods, introducing stricter verification processes and mandatory security declarations. On July 17, 2026, the European Commission and national customs authorities intensified compliance checks on Carbon Border Adjustment Mechanism (CBAM) transitional registrations. According to reports from Reuters and Bloomberg, importers of carbon-intensive goods—including steel, aluminum, and […]

International Trade Council Appoints Damian Mohammed to Lead New Northern Arc Chapter

July 21, 2026

Nina E.

Northern Arc Partners to spearhead trade initiatives, institutional representation, and global market access for businesses across the North of England   SINGAPORE / NORTHERN ARC — The International Trade Council (ITC) has officially announced the appointment of Damian Mohammed, Partner at Northern Arc Partners, as the Chapter Leader for the newly defined Northern Arc region. […]

Bilateral Trade Pacts Progress as India-Oman and UK-South Korea Advance Negotiations

July 20, 2026

Jessica Jumaway

As global trade dynamics continue to shift, bilateral trade negotiations in Asia and the Middle East are gaining significant momentum. India and Oman are currently finalizing the details of a Comprehensive Economic Partnership Agreement (CEPA), according to reports from Reuters, Bloomberg, and the Times of Oman. The upcoming bilateral pact aims to substantially lower import […]

EPA Announces $3 Billion in Clean Ports Grants to Decarbonize US Maritime Infrastructure

July 20, 2026

Jessica Jumaway

In a significant move to address environmental concerns in the maritime sector, the US Environmental Protection Agency (EPA) has announced nearly $3 billion in grants aimed at decarbonizing maritime infrastructure across the nation, according to reports from Reuters. Funded through the Inflation Reduction Act, this major federal initiative is designed to support the deployment of […]

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