Search
Become a Member

News

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

Boosting India-ASEAN Economic Collaboration: Prime Minister Modi Unveils 12-Point Proposal

September 10, 2023

Daisy

The International Trade Council is pleased to report on the groundbreaking developments arising from India’s Prime Minister Narendra Modi’s participation in the 20th annual ASEAN-India summit and the 18th East Asia summit, both held in Jakarta on September 7, 2023. The Prime Minister, during his visit, introduced an extensive 12-point proposal aimed at fostering deeper […]

International Trade Council Releases Statement on Nepal’s Inaugural Import Through China Transit Arrangement

September 9, 2023

Daisy

The International Trade Council recognizes Nepal’s accomplishment in successfully importing its first batch of goods via a transit arrangement with China. The transaction took place on September 7, 2023, in Kathmandu, Nepal, and marks a significant development in Nepal-China trade relations.   The imported shipment consisted of 15 tons of turmeric powder from Vietnam. The […]

Pakistan and UAE to Potentially Sign Free Trade Agreement by Month’s End

September 8, 2023

Daisy

Pakistan’s interim commerce minister, Dr. Gohar Ejaz, has announced that the South Asian nation is expected to finalize a free trade agreement (FTA) with the United Arab Emirates (UAE) during the forthcoming visit of a UAE delegation scheduled for the last week of September. The UAE holds the position of being Pakistan’s third-largest trading partner, […]

Global Trade Finance Deficit Swells to Record $2.5 Trillion, Reveals Asian Development Bank Survey

September 8, 2023

Daisy

The gap in global trade finance has broadened to an unprecedented $2.5 trillion in 2022, a marked increase from $1.7 trillion in 2020. This development comes as a result of surging interest rates, uncertain economic outlooks, inflation, and geopolitical instability, which have inhibited banks’ capacity to facilitate trade financing, according to the 2023 Trade Finance […]

Industry Outlook Towards UK’s Electronic Trade Documents Act

September 8, 2023

Daisy

A recent webinar conducted by the Institute of Export & International Trade (IOE&IT) has revealed that approximately 75% of businesses believe the forthcoming UK Electronic Trade Documents Act (ETDA) will positively impact their operations. The legislation is slated for implementation later this month. Digital Economy and Technology Minister Paul Scully has projected that the ETDA […]

International Trade Council Reports on India’s Proposed Changes to Foreign Investment in Non-Services Sector

September 8, 2023

Daisy

India is contemplating changes to its investment policies to encourage foreign inflows into its manufacturing and industrial sectors, according to sources within the Department for Promotion of Industry and Internal Trade (DPIIT). These changes are expected to be part of the ongoing discussions for Free Trade Agreements (FTAs). A Shift in Policy The proposed modifications […]

International Trade Council Reports on $2.5 Trillion Global Trade Finance Deficit

September 8, 2023

Daisy

According to a recent survey by the Asian Development Bank, the global trade finance deficit reached an unprecedented $2.5 trillion in 2022, increasing from $1.7 trillion in 2020. The surge in the deficit is attributed to various factors, including rising interest rates, economic uncertainty, inflation, and geopolitical volatility, all of which have constrained banks’ capacity […]

International Trade Council Issues Statement on the Adoption of UN Convention on the Judicial Sale of Ships

September 8, 2023

Daisy

The International Trade Council acknowledges the recent signing of the United Nations Convention on the International Effects of Judicial Sales of Ships. The ceremony took place in Beijing, People’s Republic of China, on September 5, 2023. Formulated by the United Nations Commission on International Trade Law (UNCITRAL), the convention, now known as the Beijing Convention […]

Bespoke Gas Cylinder Attachment Provides Safe and Secure Handling at A-Gas

September 8, 2023

Daisy

A-Gas was founded in 1993 in Bristol, UK, by founder and pioneer John Rutley, and co-founder John Cooper. Together, they saw opportunities to build a new business that could support the HVACR industry with the transition away from Chlorofluorocarbons (CFCs). Today, as A-Gas celebrates its 30th anniversary, a leading supplier of refrigerants to the heating, ventilation, […]

«4344Page 45 of 684647»