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Philippines Expands Coconut Oil Exports to Australia, Strengthening Trade Ties

November 12, 2024

Jessica Jumaway

The Philippines is set to significantly boost its coconut oil exports to Australia, tapping into the rising demand for high-quality, natural ingredients in Australian food, beverage, and cosmetic sectors. This expansion, driven by Ares Merchants Philippines Inc. (AMPI), will add an estimated 30,000 metric tons of coconut oil annually to Australia’s imports, a move expected […]

International Trade Council Anticipates Accelerated Progress on Australia-EU Free Trade Agreement

November 11, 2024

In a significant development for international trade, Australian Prime Minister Anthony Albanese expressed optimism about the prospects of finalizing a free trade agreement with the European Union this year. The negotiations, which had encountered obstacles in July, appear to be gaining momentum. The talks between Australia and the European Union, a bloc representing over […]

The EU and Republic of Korea Collaborate to Streamline Trade in Agricultural Products

November 11, 2024

Trade in agricultural products between the European Union (EU) and South Korea is set to become more efficient with the recent agreement on digitalizing procedures. The European Commission and South Korea have signed an administrative arrangement that focuses on electronic health certification and harmonizing certificates for the export of agricultural goods from the EU […]

South Korea Advocates for Clarity in US Chip Trade Regulations, Underscoring Global Industry Impact

November 11, 2024

In a significant move reflecting the intricate dynamics of global trade relations, South Korea called upon the United States to provide clarity and resolution pertaining to uncertainties in U.S. export controls within the semiconductor sector, as well as conditions surrounding subsidies for chip investment. This request, articulated by Industry Minister Bang Moon-kyu during a meeting […]

India Poised for Continued Growth, Offering Stability in Trade and Investment

November 11, 2024

Jessica Jumaway

India’s financial markets are emerging as a key destination for investors, offering a strong and stable environment for trade and investment. With its robust economic growth, strategic participation in global supply chains, and growing role in international trade, India is proving to be a resilient and attractive market in the face of global uncertainty. […]

Japan Announces $65 Billion Investment to Drive Domestic Chip and AI Industries, Boosting Trade Opportunities

November 11, 2024

Jessica Jumaway

Japan is set to energize its semiconductor and artificial intelligence (AI) sectors with a transformative $65 billion investment plan, designed to strengthen both its domestic technology capabilities and its position in global trade. Announced by Prime Minister Shigeru Ishiba, the initiative will offer substantial subsidies and financial incentives to support the growth of Japan’s high-tech […]

China and Indonesia Strengthen Strategic Ties with New Cooperation Deals

November 9, 2024

Jessica Jumaway

In a significant step towards enhancing bilateral ties, Chinese President Xi Jinping and Indonesian President Prabowo Subianto have signed multiple cooperation agreements aimed at deepening collaboration in key sectors. These agreements, which include areas such as water conservation, maritime resources, and mining, signal a strengthened partnership between the two nations, with long-term trade and economic […]

Cambodia’s Rice Exports Achieve New Heights, Strengthening Global Trade Impact

November 8, 2024

Jessica Jumaway

Cambodia’s rice export sector has reached a new milestone, with the country earning over $1.5 billion from the export of paddy and milled rice in the first ten months of 2024. This achievement highlights the Kingdom’s growing role in the global agricultural trade. Between January and October, Cambodia exported 502,029 tonnes of milled rice […]

UK Modern Slavery Act Transparency in Supply Chains (2015) – 2024 Revision Impact

November 8, 2024

UK Modern Slavery Act Transparency in Supply Chains (2015) – 2024 Revision Impact

The UK government’s 2024 consultation on strengthening the Modern Slavery Act 2015 represents a significant step towards enhancing corporate accountability for forced labour and human trafficking risks in supply chains. The proposed revisions aim to close gaps in reporting consistency, improve public access to modern slavery statements, and mandate the inclusion of key risk mitigation […]

JordanÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢s Agricultural Exports Thrive, Reaching Five-Year High Amid Global Demand

November 8, 2024

Jessica Jumaway

Jordan’s agricultural exports have reached an impressive milestone, achieving their highest levels in five years as the sector capitalizes on growing international demand for high-quality produce. By the end of October, fruit and vegetable exports hit 522,000 tons, a 17% increase compared to the previous year, according to the Ministry of Agriculture. This achievement brings […]

EgyptÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢s Mandarins Exports to Poland See Exceptional Growth, Strengthening Trade Ties

November 7, 2024

Jessica Jumaway

Egypt has achieved a remarkable milestone in its agricultural exports, with mandarin exports to Poland reaching an all-time high during the 2023/24 season. The first 11 months of the season saw Egypt directly supply 6.8 thousand tons of mandarins to Poland, more than doubling the 3 thousand tons shipped during the previous season. This impressive […]

KazakhstanÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢s Surge in Grain Exports Enhances Global Trade Connections

November 7, 2024

Jessica Jumaway

Kazakhstan has seen a significant boost in its grain exports following the new harvest, which has reached a record 26.6 million tonsÃƒÂ¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬”56% higher than in 2023. This remarkable increase highlights the country’s expanding role as a key player in the global agricultural market. Between September and October, Kazakhstan Temir Zholy (KTZ), the national railway […]

Brazil Broadens Global Trade Horizons with Agricultural Exports to Peru

November 7, 2024

Jessica Jumaway

Brazil’s agricultural sector continues its impressive global expansion, with Peru now among the latest markets to welcome Brazilian products. The inclusion of Peru is part of a strategic move that has opened doors for a variety of exports this year, including yerba mate, cassava meal, coconut fiber, dried clove flowers, hay, and derivatives of bovine […]

Italy Expands Exports of Fashion and Lifestyle Goods to the Philippines, Boosting Economic Ties

November 6, 2024

Jessica Jumaway

Italy is taking significant steps to enhance its export activities to the Philippines, focusing on high-quality fashion, lifestyle products, and innovative technologies. This initiative highlights Italy’s commitment to strengthening its economic relationship with the Philippines and the broader ASEAN region, positioning both nations for mutual growth. Mauro Battocchi, Italy’s Director-General for Country Promotion, underscored […]

German Industrial Sector Sees Promising Growth in September Amid Rising Demand

November 6, 2024

Jessica Jumaway

Germany’s industrial sector experienced notable growth in September, with new orders rising by 4.2% from the previous month, marking a robust performance and highlighting the country’s resilience in global trade. Driven by substantial large-scale orders across key sectors such as aerospace, maritime, and transportation, this growth exceeded analysts’ expectations and underscores Germany’s continued appeal in […]

South Korea Enhances Support for Businesses to Foster Resilience in Evolving Trade Landscape

November 6, 2024

Jessica Jumaway

South Korea is taking proactive steps to support local businesses and bolster trade resilience amid potential shifts in global trade policies. Finance Minister Choi Sang-mok announced that the government is working closely with industries to understand their needs and develop strategies that minimize any potential challenges in the evolving trade environment. “We are committed […]

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