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

Semiconductor Demand Propels South Korean Exports as India and Singapore Deepen Tech Trade Pacts

September 3, 2026

Jessica Jumaway

South Korea’s outbound shipments experienced significant growth in August 2026, driven by a surge in global demand for technology components. According to reports from Reuters and Bloomberg, the nation’s exports rose by 11.4% year-on-year to reach $57.9 billion, representing the 11th consecutive month of export expansion. This upward trajectory was primarily propelled by semiconductor exports, […]

EU and Singapore Sign Landmark Digital Trade Agreement to Streamline Cross-Border Commerce

September 3, 2026

Jessica Jumaway

The European Union and Singapore officially signed a landmark Digital Trade Agreement (DTA), marking a significant step forward in modernizing bilateral commerce. According to the European Commission, the agreement establishes binding rules designed to facilitate cross-border digital trade, ensure paperless contracting, and protect consumer trust. This pact represents the EU’s very first digital trade agreement […]

United Kingdom and India Prepare to Relaunch Bilateral Free Trade Agreement Negotiations

September 3, 2026

Jessica Jumaway

In late 2024, the United Kingdom and India announced plans to officially relaunch negotiations for a bilateral free trade agreement (FTA) in early 2025. According to a report by Reuters, British Prime Minister Keir Starmer announced the planned resumption of talks following a high-level bilateral meeting with Indian Prime Minister Narendra Modi. The meeting took […]

UAE and New Zealand Conclude Negotiations for Comprehensive Economic Partnership Agreement

September 3, 2026

Jessica Jumaway

The United Arab Emirates and New Zealand have successfully finalized negotiations for a Comprehensive Economic Partnership Agreement (CEPA), marking a significant milestone in bilateral trade relations. According to reports from Reuters, the newly concluded trade pact is designed to eliminate or significantly reduce tariffs, dismantle existing trade barriers, and facilitate smoother investment flows between the […]

European Union and Philippines Formally Resume Free Trade Agreement Negotiations

September 1, 2026

Jessica Jumaway

The European Union and the Philippines have formally announced the resumption of negotiations for a comprehensive Free Trade Agreement (FTA), marking a significant step toward strengthening economic ties and enhancing market access between the two regions. According to the European Commission, the official announcement was made on March 18, 2024, revitalizing trade relations that had […]

South Korea and Chile Convene Ninth Round of Talks to Modernize Landmark Free Trade Agreement

September 1, 2026

Jessica Jumaway

Delegations from South Korea and Chile recently gathered in Santiago to advance negotiations aimed at modernizing their landmark bilateral free trade agreement (FTA). The ninth round of talks, which took place from August 27 to 29, 2024, represents a concerted effort to adapt the twenty-year-old trade pact to contemporary economic realities. According to reports from […]

India and EFTA Finalize Landmark $100 Billion Trade and Economic Partnership Agreement

September 1, 2026

Jessica Jumaway

According to reports from Bloomberg, India and the European Free Trade Association (EFTA)—which comprises Switzerland, Norway, Iceland, and Liechtenstein—have finalized a landmark Trade and Economic Partnership Agreement (TEPA). This comprehensive trade contract, signed on August 27, 2026, marks a significant shift in India’s bilateral trade relations and establishes a long-term framework for economic cooperation between […]

South Korea and United Arab Emirates Sign Comprehensive Economic Partnership Agreement to Eliminate Tariffs

September 1, 2026

Jessica Jumaway

According to reports from Reuters, South Korea and the United Arab Emirates (UAE) have formally signed a Comprehensive Economic Partnership Agreement (CEPA). This major trade contract, signed on August 30, 2026, is designed to eliminate tariffs on over 90% of all traded goods between the two nations, providing a significant boost to bilateral commerce and […]

Nippon Steel Pledges Additional $1.3 Billion for US Steel Plants to Secure Acquisition

September 1, 2026

Jessica Jumaway

In a significant development for the global metals sector, Japan’s Nippon Steel Corp. has announced a commitment to invest an additional $1.3 billion in US Steel’s union-represented facilities, according to reports from Reuters, Bloomberg, and the Wall Street Journal. This newly announced capital injection is designed to modernize key production sites, allocating $1 billion for […]

ICTTM Appoints Ravindra Puttewar as Special Advisor to the Chair

August 28, 2026

Nina E.

London, United Kingdom — August 28, 2026 — The International Centre for Trade Transparency & Monitoring (ICTTM) today announced the appointment of Ravindra Puttewar as Special Advisor to the Chair, effective immediately. The appointment recognizes Mr. Puttewar’s extensive international experience in corporate growth and scaling, product development and innovation, and global import and export.   […]

Brazil and United Kingdom Strengthen Trade Defenses on Steel and Ceramic Imports

August 26, 2026

Jessica Jumaway

In an effort to protect domestic manufacturing sectors from underpriced foreign imports, trade authorities in Brazil and the United Kingdom have implemented significant trade defense measures. According to reports from S&P Global Commodity Insights, Reuters, and Bloomberg, Brazil’s Chamber of Foreign Trade (Camex) has established a tariff-rate quota (TRQ) system on several steel products. This […]

Japan and Thailand Complete Blockchain Integration for Paperless Trade Documentation

August 26, 2026

Jessica Jumaway

In a significant development for bilateral trade digitization, Japan’s blockchain-based trade platform, TradeWaltz, has successfully completed a technical integration and proof of concept with Thailand’s National Digital ID (NDID) platform. According to reports from Ledger Insights and Japan Metal Daily, this connection establishes a secure, paperless link designed to streamline the exchange of critical trade […]

Korea Customs Service Deploys AI-Powered X-Ray Screening for E-Commerce Clearance

August 26, 2026

Jessica Jumaway

The Korea Customs Service (KCS) has introduced an advanced artificial intelligence (AI) X-ray screening system at its major express cargo clearance centers. According to a report by The Korea Herald, this technological deployment is aimed at expediting the clearance of cross-border e-commerce parcels while maintaining border security measures. The implementation of the AI-powered system comes […]

Canada Expands Global Trade Footprint with Indonesia Agreement and Ecuador Negotiations

August 26, 2026

Jessica Jumaway

According to reports from Reuters and Bloomberg, Canadian Prime Minister Justin Trudeau and Indonesian President Prabowo Subianto announced the substantive conclusion of negotiations for the Canada-Indonesia Comprehensive Economic Partnership Agreement (ICA-CEPA). The announcement was made on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Lima, Peru, on November 15, 2024. An official statement […]

International Trade Council Publishes New Book Bridging Customary Land Governance and Global Agriculture Trade

August 26, 2026

Nina E.

Author Kofi Kankam outlines a collaborative framework for integrating traditional leadership with sustainable agri-export markets   August 20, 2026 – The International Trade Council has announced the publication of a new book, The Customary Governance & Land Lens, authored by economic researcher Kofi Kankam. This 15-chapter publication explores how traditional leadership frameworks can be mobilized […]

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