Search
Become a Member

News

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

Director-General Okonjo-Iweala Announces the Launch of WTO’s Task Force for Establishing Global Carbon Pricing

October 17, 2023

Daisy

In a significant move towards addressing global climate change concerns while ensuring equitable international trade practices, the World Trade Organization (WTO) has announced the launch of a task force dedicated to creating a comprehensive methodology for establishing global carbon prices. This initiative aims to prevent the imposition of import taxes based on carbon emissions from […]

China and Indonesia Forge Stronger Economic Ties in Emerging Industries

October 17, 2023

Daisy

In a bid to strengthen ties and foster collaboration, President Xi Jinping of China has expressed China’s willingness to expand cooperation with Indonesia in several emerging industries, including the digital economy, photovoltaics, and new energy vehicles. During a meeting with Indonesian President Joko Widodo on the sidelines of the Belt and Road Forum, President Xi […]

Mexico Strengthens Trade Relations with Cuba through Humanitarian Oil Assistance

October 16, 2023

Daisy

In a heartening display of solidarity, Mexican President Andres Manuel Lopez Obrador announced on Monday that Mexico is committed to assisting Cuba, including supplying the country with vital oil resources.   Since the beginning of this year, Mexico has been regularly shipping crude oil to Cuba, with approximately 2.8 million barrels sent to the island […]

U.S. and EU Business Leaders Advocate for Resolution of Trade Disputes and Collaborative Approach to Critical Minerals

October 16, 2023

Daisy

Leading business federations from the United States and the European Union have come together to call for constructive dialogue and cooperation as leaders convene for a crucial summit on Friday. The primary agenda includes resolving ongoing disputes stemming from metal tariffs initiated during the Trump administration and bolstering collaboration on essential minerals vital to the […]

Western Balkans’ Path to EU Membership: Single Market and Comprehensive Reforms, Key to Accelerating Accession

October 16, 2023

Daisy

  In a pivotal move to reinvigorate the accession process for the Western Balkan countries, the European Union emphasizes comprehensive economic reform and the establishment of a regional single market as critical precursors to full EU membership, the International Trade Council (ITC) has learned.   While the nations of Albania, Bosnia, Kosovo, Montenegro, North Macedonia, […]

Australia Anticipates Wine Trade Resolution with China as Deadline Approaches

October 16, 2023

Daisy

  In an address to the business community, Australian Trade Minister Don Farrell emphasized the need for businesses to diversify their customer base and reduce their dependence on a single market, particularly in light of the ongoing trade dispute with China. Australia’s pursuit of a resolution through the World Trade Organization (WTO) reflects the country’s […]

U.S. and EU Business Leaders Call for Steel Resolution and Critical Minerals Collaboration at Summit

October 16, 2023

Daisy

Business federations representing the United States and the European Union are urging leaders convening for an upcoming summit to address persistent issues surrounding Trump-era metals tariffs and to strengthen cooperation concerning vital minerals crucial for the green energy transition.   In a joint statement issued on Monday, the U.S. Chamber of Commerce and Business Europe […]

German Finance Minister Extends Invitation to UK for Post-Brexit Trade Talks

October 14, 2023

Daisy

In an unexpected move, Christian Lindner, the German Finance Minister and leader of the German liberals, has extended an invitation to the United Kingdom to explore “new steps” in their post-Brexit trade relations with the European Union (EU). Lindner’s gesture, made during a BBC interview, has raised the prospect of reducing trade barriers and addressing […]

UAE and South Korea Cement Economic Ties with Landmark Trade Agreement

October 14, 2023

Daisy

In a significant stride for global trade, the United Arab Emirates and South Korea announced the culmination of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) this Saturday. This pivotal accord underscores the robust and burgeoning economic partnership between the two nations, set against a backdrop of sustained growth in non-oil bilateral trade, which touched […]

«3233Page 34 of 683536»