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

Global Health Equity and Trade Discussed at John Snow Society Lecture

October 3, 2023

Daisy

In a recent address at the John Snow Society’s Pumphandle Lecture, Dr. Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), highlighted the critical intersection of global health equity and international trade. Dr. Okonjo-Iweala discussed the role of trade in addressing health challenges and emphasized the need for a collaborative approach to ensure equitable […]

US and UK Discuss Trade Partnership, Agriculture a Key Topic

October 3, 2023

Daisy

The United States and the United Kingdom have embarked on discussions concerning a prospective “foundational trade partnership.” This partnership encompasses various dimensions, including digital trade, labor protections, and agriculture, marking a significant stride in bolstering economic connections between the two nations.   Distinguishing itself from a comprehensive free trade agreement, this partnership does not assure […]

WTO Director-General Notes Early Indications of Trade Fragmentation

October 2, 2023

Daisy

In a recent address at an event in Geneva, Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), expressed concerns about early signs of potential global trade fragmentation. Okonjo-Iweala cautioned against practices like ‘reshoring’ and ‘friendshoring’ occurring between trade blocs, emphasizing the importance of maintaining a connected global trade landscape. “While we don’t yet see […]

France Initiates Bird Flu Vaccination Program Amidst Trade Concerns

October 2, 2023

Daisy

PARIS – France has commenced a vaccination campaign against bird flu, aiming to combat the virus responsible for the deaths of millions of birds worldwide. This initiative has led to trade restrictions imposed by the United States on French poultry imports. France has been severely impacted by the global spread of highly pathogenic avian influenza, […]

Concerns Emerge Over Growing Disregard for Trade Rules at WTO

October 2, 2023

Daisy

The World Trade Organization (WTO) is currently facing significant challenges, with mounting unresolved disputes and increasing concerns among its member nations. This situation underscores the critical issues the organization is grappling with. Since late 2019, the WTO has been dealing with the repercussions of the United States’ decision to block the appointment of new judges […]

Movement of Cargo Vessels to Ukrainian Ports

October 1, 2023

Daisy

The International Trade Council acknowledges the recent developments in Ukraine’s maritime trade. We have received information that five additional vessels are navigating to Ukrainian sea ports. This initiative comes as a part of an alternative mechanism to the Black Sea grain deal which faced challenges earlier.   The five vessels, namely OLGA, IDA, DANNY BOY, […]

International Trade Council Report on South Korean Exports

October 1, 2023

Daisy

SEOUL – The latest trade data indicates a deceleration in the decline of South Korean exports in September, marking the most moderate reduction over the past 12 months. This trend may offer insights into global economic dynamics, given South Korea’s significant role in international trade.   In September, exports from South Korea, recognized as Asia’s […]

Anticipating Effects of a Possible Government Shutdown on International Trade Activities

September 29, 2023

Daisy

As of September 29, 2023, there’s an impending concern about the U.S. Congress failing to finalize a spending agreement. Companies engaged in international trade are advised to brace for potential disruptions due to a possible Federal government shutdown beginning 12:01 am, October 1, 2023. This would significantly impact international trade practices, including agency closures and […]

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