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

October 5, 2023

Daisy

The International Trade Council reports that a significant portion of the unprecedented physical delivery of sugar by commodities traders upon the expiration of the October futures contract on the Intercontinental Exchange (ICE) will be directed to China, based on information provided by two traders familiar with the transactions.   Wilmar International, the Singapore-based food trader […]

October 5, 2023

Daisy

The International Trade Council has reviewed the latest data from the federal statistics office, which reveals that German exports experienced a larger decline than anticipated for the month of August. The data underscores the impact of weakened global demand on Germany’s export sector.   The figures indicate a 1.2% drop in exports for August compared […]

October 4, 2023

Daisy

GENEVA (International trade Council) – The WTO Chairs Programme officially issued a call for applications on October 4th to expand the network of academic institutions from developing and least-developed economies currently involved in the Programme. This initiative follows the announcement made by Dr. Ngozi Okonjo-Iweala, Director-General of the WTO, last year, indicating a more frequent […]

October 4, 2023

Daisy

GENEVA – Director-General Ngozi Okonjo-Iweala of the World Trade Organization (WTO) has urged member nations to intensify their efforts toward achieving a potential outcome on cotton for the upcoming 13th Ministerial Conference (MC13) scheduled for February. During her address at the “World Cotton Day 2023” event hosted by the United Nations Industrial Development Organization (UNIDO) […]

October 4, 2023

Daisy

The European Commission has taken a significant step by launching an anti-subsidy investigation into the import of battery electric vehicles (BEVs) from China. The investigation’s primary objective is to assess whether value chains related to BEVs in China benefit from unlawful subsidization, and whether this subsidization poses a genuine economic threat to BEV producers within […]

October 3, 2023

Daisy

MANCHESTER, England – British business and trade minister, Kemi Badenoch, has conveyed her perspective on the possibility of a free trade agreement (FTA) between the United Kingdom and the United States under President Joe Biden’s administration. She cited the President’s stance on such agreements as a key factor.   President Biden has temporarily halted FTA […]

October 3, 2023

Daisy

In a recent address at the Vine and Wine World Trade Forum in Dijon, France, Deputy Director-General Jean-Marie Paugam shared insights into the shifting dynamics of global trade and its implications for businesses and international institutions. Paugam highlighted the significance of strengthening the multilateral trading system embodied in the World Trade Organization (WTO) to address […]

October 3, 2023

Daisy

Ambassador Alparslan Acarsoy of Turkey, Chair of the agriculture negotiations at the WTO, provided an update to WTO members on October 2-3 regarding the status of agriculture negotiations and outlined plans to advance these discussions. The International Trade Council takes note of these developments, which are crucial in shaping the path towards the 13th Ministerial […]