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

The ITC’s Global Economic Impact Forum on Ukraine to be Held in Istanbul, July 21-22, 2022

May 11, 2022

Daisy

Istanbul, Turkey – The Global Economic Impact Forum on Ukraine (TGEIF) will be held on July 21-22, 2022, in Istanbul. This invitation-only event will bring together high-level political, public sector, and business leaders from Fortune 500 companies from across the globe to look at rebuilding Ukraine, discuss investment and trade opportunities, and address the challenges […]

US Trade Deficit Reaches Record High Amid Surge in Goods Imports

May 4, 2022

Daisy

The International Trade Council announces that the US trade deficit has widened to an all-time high in March, as companies relied on foreign producers to meet strong domestic demand. According to the Commerce Department, the gap in goods and services trade grew by 22.3% to $109.8 billion.   The widening of the trade deficit during […]

Pakistan Seeks Extension of IMF Programme and Increased Funding

April 26, 2022

Daisy

Islamabad, Pakistan – The Pakistani Finance Minister, Miftah Ismail, has announced that Pakistan is seeking an increase in the size and duration of its $6bn International Monetary Fund (IMF) programme. Following discussions with the IMF in Washington, Ismail requested that the fund extend the programme for another year and enhance the funding available to Pakistan […]

China Cuts Tariffs for New Zealand Wood and Paper: International Trade Council Acknowledges Positive Development

April 7, 2022

Daisy

The International Trade Council acknowledges the recent announcement by China’s Ministry of Finance to cut tariffs on wood and paper from New Zealand. The decision is expected to boost trade and investment between the two countries and foster economic growth. China will eliminate tariffs on 12 wood and paper products imported from New Zealand from […]

Australia and India Forge Closer Trade Ties with Economic Cooperation and Trade Agreement

April 2, 2022

Daisy

The International Trade Council welcomes the recent signing of the Australia-India Economic Cooperation and Trade Agreement, which signals an intention by the two nations to forge closer trade ties.   The virtual ceremony took place on April 2, with Australia’s Prime Minister, Scott Morrison, and his Indian counterpart, Narendra Modi, witnessing the event.   According […]

International Trade Council Announces Israel-UAE Free Trade Agreement

April 1, 2022

Daisy

The International Trade Council is pleased to announce the conclusion of negotiations between Israel and the United Arab Emirates for a free trade agreement. The deal, which was reached after four rounds of negotiations, including a meeting in Egypt last month between Israeli Prime Minister Naftali Bennett and the UAE’s de facto leader, Abu Dhabi […]

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