Search
Become a Member

News

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

International Trade Council Acknowledges Indonesia’s Proposal for Critical Minerals Trade Deal with the United States

September 7, 2023

Daisy

The International Trade Council takes note of Indonesia’s recent proposal to initiate discussions on a potential trade agreement for critical minerals with the United States. This significant development emerged during a meeting between Indonesian President Joko Widodo and U.S. Vice President Kamala Harris on the sidelines of the Association of Southeast Asian Nations (ASEAN) meetings […]

International Trade Council Commends the Philippines and South Korea on the Signing of a Free Trade Agreement

September 7, 2023

Daisy

The International Trade Council is pleased to recognize the signing of a free trade agreement (FTA) between the Philippines and South Korea during the ASEAN Summit in Indonesia. President Ferdinand Marcos Jr. announced this significant development, emphasizing its potential to strengthen investment relations and create employment opportunities.   President Marcos highlighted that the FTA underscores […]

Taiwan Temporarily Opens Market for Egg and Egg Products to Address Shortage

September 7, 2023

Daisy

In a recent development aimed at alleviating a domestic egg shortage, Taiwan has temporarily opened its market to eggs and egg products from 12 countries, including Australia. This move is in response to supply constraints in Taiwan attributed to unpredictable weather, escalating feed costs, and recent outbreaks of avian influenza. The newly implemented market access […]

International Trade Council Statement on Recent BRICS Expansion

September 7, 2023

Daisy

The International Trade Council acknowledges the recent expansion of the BRICS group to potentially include Saudi Arabia, the United Arab Emirates, Iran, Egypt, Argentina, and Ethiopia. According to a note from S&P Global Ratings, the near-term economic impact for member countries is anticipated to be limited.   S&P Global Ratings explains that their current sovereign […]

International Trade Council Takes Note of Canada’s Anticipation to Conclude Free Trade Agreement with ASEAN

September 6, 2023

Daisy

The International Trade Council acknowledges Canada’s Prime Minister, Justin Trudeau’s announcement regarding the expectation to finalize a free trade agreement with the Association of Southeast Asian Nations (ASEAN). This development follows the formal launch of the Canada-ASEAN strategic partnership, which was a focal point of discussion during the ASEAN-Canada summit held in Jakarta.   Prime […]

President Wickremesinghe Proposes Nationwide Industrialization Modeled After Biyagama Free Trade Zone

September 6, 2023

Daisy

President Ranil Wickremesinghe’s recent address at the centenary celebration of Al Mubarak Central College in Malwana has unveiled an ambitious economic vision for Sri Lanka’s future.   President Wickremesinghe outlined a strategy to replicate the successful Biyagama Free Trade Zone model on a national scale, with the goal of fostering rapid development over the next […]

International Trade Council Applauds UK-Australia Free Trade Agreement for Accelerating Fintech Collaboration

September 6, 2023

Daisy

The International Trade Council warmly welcomes the Free Trade Agreement (FTA) between the United Kingdom and Australia, a landmark deal set to boost fintech sectors in both nations by removing over 99% of tariffs and enhancing labor mobility.   Signed in December 2021, this comprehensive agreement will not only facilitate work and travel opportunities but […]

International Trade Council Applauds the Revival of Tariff-Free Sugar Trade Between Australia and the UK

September 5, 2023

Daisy

The International Trade Council welcomes the significant milestone of the first shipment of raw sugar from Australia to the United Kingdom under the newly established free trade agreement between the two nations. This historic trade event marks the reopening of a valuable market for Australian sugar suppliers and underscores the positive impact of international trade […]

China’s Multilateral Trade with BRICS and Africa Demonstrates Significant Growth in the First 7 Months of 2023

September 5, 2023

Daisy

In recent data released by the Chinese General Administration of Customs, it has been revealed that China’s imports and exports with fellow BRICS members experienced notable growth of 19.1% year-on-year, reaching ¥2.38 trillion (approximately US$330.62 billion) between January and July 2023. The BRICS, comprised of Brazil, Russia, India, China, and South Africa, have collectively strengthened […]

International Trade Council Takes Note of Israel’s Exploration of a Free Trade Agreement with Bahrain

September 4, 2023

Daisy

Israeli Foreign Minister, Eli Cohen, recently visited Bahrain and explored the possibility of signing a free trade agreement with the Gulf nation. The International Trade Council acknowledges these diplomatic discussions, aimed at fostering economic cooperation and enhancing regional stability.   During his official visit to Bahrain, Minister Cohen was accompanied by a business delegation representing […]

«4445Page 46 of 684748»