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

South Korea Expands Trade Cooperation with the United States

February 20, 2025

Jessica Jumaway

Japan is exploring opportunities to increase its imports of natural gas from the United States, reinforcing trade ties and enhancing energy security in the region. Recent discussions between Japanese and U.S. officials highlighted the potential of expanding natural gas trade, which could support economic growth and strengthen global supply chains.   A key focus of […]

Japan Expands Imports of Natural Gas from the United States to Strengthen Trade and Energy Security

February 20, 2025

Jessica Jumaway

Japan is exploring opportunities to increase its imports of natural gas from the United States, reinforcing trade ties and enhancing energy security in the region. Recent discussions between Japanese and U.S. officials highlighted the potential of expanding natural gas trade, which could support economic growth and strengthen global supply chains.   A key focus of […]

U.S. Oil Export Project Moves Forward, Strengthening Global Trade

February 20, 2025

Jessica Jumaway

A major deepwater oil export project off the Texas coast is moving closer to a final investment decision, with its developers awaiting a key government license. Once approved, this initiative is set to enhance the efficiency of U.S. energy exports and strengthen global trade connections.   The project, located about 30.5 miles off Freeport, Texas, […]

WTO and Switzerland Strengthen Global Trade Through Reform Discussions

February 19, 2025

Jessica Jumaway

The World Trade Organization (WTO) is advancing efforts to modernize global trade regulations, with members emphasizing the need for deeper discussions on reform during the recent General Council meeting in Switzerland. As international trade continues to evolve, the WTO is working toward a more efficient, inclusive, and adaptive system that fosters economic growth and investment […]

Argentina Strengthens Trade Relations Through U.S. Tariff Discussions

February 19, 2025

Jessica Jumaway

Argentina is reinforcing its commitment to international trade as President Javier Milei prepares for key meetings in Washington this week. One of the topics expected to be discussed is the recent adjustment to U.S. aluminum import tariffs, highlighting the country’s proactive approach to maintaining strong trade partnerships.   Governor Ignacio Torres of Chubut, a major […]

U.S. and Hungary Strengthen Trade and Economic Cooperation

February 19, 2025

Jessica Jumaway

U.S. Treasury Secretary Scott Bessent and Hungary’s Foreign Minister Peter Szijjarto met on Wednesday to discuss expanding economic and trade cooperation, reinforcing the strong partnership between the two nations. The meeting highlighted shared priorities in fostering investment opportunities and enhancing bilateral trade relations.   Secretary Bessent emphasized the growing economic ties between the U.S. and […]

Uzbekistan Strengthens Support for Small Farmers to Boost Agricultural Exports

February 19, 2025

Jessica Jumaway

Uzbekistan is taking significant steps to support small farmers and enhance agricultural exports through newly approved initiatives aimed at fostering economic growth. President Shavkat Mirziyoyev has introduced a strategic plan to advance agricultural development, focusing on increasing fruit production and ensuring higher export potential.   The Ministry of Employment and Poverty Reduction will oversee efforts […]

Vietnam’s Shrimp Exports Surge in January 2025, Set for Continued Growth in Global Trade

February 18, 2025

Jessica Jumaway

Vietnam’s shrimp export industry has kicked off 2025 with strong momentum, recording a 13% increase in export value in January. According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp exports reached $273.3 million in the first month of the year, contributing 35.3% to the country’s total seafood export turnover.   The […]

Taiwanese Electronics Firms Plan Major Expansions in Texas, Boosting U.S. Trade Opportunities

February 18, 2025

Jessica Jumaway

Taiwanese electronics companies are set to make significant investments in Texas, marking a new chapter in expanding U.S.-Taiwan trade relations. The announcements, expected to take place in May, are poised to further strengthen the economic ties between the two nations, especially in the tech sector.   Richard Lee, chairman of the Taiwan Electrical and Electronic […]

Thailand’s Dried Fruit Exports to China Experience Significant Growth, Boosting Trade Opportunities

February 17, 2025

Jessica Jumaway

Thailand has solidified its position as the world’s leading exporter of dried fruit to China, with exports rising by an impressive 10.22% in the first 10 months of 2024. According to the Department of International Trade Promotion (DITP), Thai dried fruit sales to China reached $125.64 million (4.24 billion baht), a clear testament to the […]

Positive Outlook for U.S.-UK Trade Relations Despite Tariff Discussions

February 17, 2025

Jessica Jumaway

The United States is shifting its view of trade relations with the United Kingdom, marking an encouraging step toward stronger bilateral ties. British Business Secretary Jonathan Reynolds highlighted that the U.S. now sees the UK’s trade relationship in a new, positive light, appreciating the balance between both economies. This shift reflects growing opportunities for collaboration […]

Indonesia Implements New Export Regulation to Strengthen Forex Reserves and Economic Growth

February 17, 2025

Jessica Jumaway

Indonesia is taking a bold step toward enhancing its financial stability and economic resilience with the introduction of a new export regulation that is expected to add $80 billion to the nation’s foreign exchange reserves. Signed by President Prabowo Subianto, the regulation requires exporters of natural resources, excluding oil and gas, to retain their earnings […]

Italy’s Trade Surplus Expands in 2024, Reaches $57.5 Billion

February 17, 2025

Jessica Jumaway

Italy’s trade performance in 2024 reflects a positive trajectory, with the country recording a robust trade surplus of 54.92 billion euros ($57.5 billion), up from 34.01 billion euros in 2023. This growth demonstrates Italy’s continued strength in global trade, fueled by a solid export sector.   In December, Italy posted a trade surplus of 5.98 […]

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