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May 16, 2023

Daisy

The International Trade Council (ITC) welcomes the European Union’s new landmark law obligating EU-based companies to ensure their imports and exports are “deforestation-free” and respectful of human rights.   The newly adopted European Union Deforestation-Free Products Regulation places the responsibility on companies registered in EU member states to confirm that seven key agricultural commodities – […]

May 12, 2023

Daisy

The International Trade Council (ITC) acknowledges the signing of the Free Trade Agreement (FTA) between China and Ecuador, marking a significant strengthening of economic relations between the Andean nation and the world’s second-largest economy. This development comes despite concerns raised by the United States, which has been active in countering the expansion of China’s influence […]

May 12, 2023

Daisy

The Government of Honduras announced on Friday its intentions to commence negotiations with China for a free trade agreement. This move follows the establishment of diplomatic relations between Honduras and China in March, subsequent to the cessation of its long-standing relationship with Taiwan.   “We are on the cusp of a new era, with the […]

May 12, 2023

Daisy

The International Trade Council (ITC) is pleased to announce the signing of a Free Trade Agreement (FTA) between China and Ecuador. This landmark agreement, facilitated by the Chinese Ministry of Commerce, is set to enhance bilateral trade and strengthen business ties between the two nations.   As per the agreement, Ecuador joins the ranks as […]

May 12, 2023

Daisy

The leading independent manufacturer of forklift truck attachments, KAUP GmbH & Co adds to its electrically operated material handling solutions, as part of its e-op (Electrically Operated) line.   Following the launch of the world’s first electric fork positioner, in Stuttgart, over half a decade ago, KAUP has continued to develop and expand its electric […]

May 10, 2023

Daisy

The International Trade Council (ITC) acknowledges President Ferdinand “Bongbong” Marcos Jr.’s recent call for ASEAN member states to demonstrate their commitment to the principle of free trade. This call was made during the plenary session of the 42nd ASEAN Summit held in Labuan Bajo, Indonesia.   The Philippine government has shown its commitment to this […]

May 7, 2023

Daisy

Singapore, 8th May 2023 – The International Trade Council (ITC) is delighted to announce the addition of 135 new members who have joined the esteemed organization within the last seven days. These forward-thinking businesses have taken a significant step towards fostering international trade, expanding their global footprint, and leveraging the numerous benefits offered by the ITC. As members […]

May 2, 2023

Daisy

The International Trade Council (ITC) has today highlighted concerns over potential economic implications for Sub-Saharan Africa amid escalating geopolitical tensions. In a scenario of global bifurcation into two isolated trading blocs centered around the United States/European Union and China, Sub-Saharan Africa could experience a permanent decline of up to 4% of real GDP after a […]

May 1, 2023

Daisy

Unleash Your Global Potential at the 2023 Go Global Awards! Shine Bright Among International Business Leaders. The 2023 Go Global Awards is the ultimate global platform for businesses seeking to extend their reach and establish a formidable presence in the international marketplace. This government-sponsored event, hosted this year in Rhode Island, USA, invites companies from […]

May 1, 2023

Daisy

The Rhode Island Commerce Corporation is pleased to announce that entries are now open for the highly anticipated 2023 Go Global Awards. This world-class event brings together innovative businesses from around the globe to compete for recognition in export promotion and foreign direct investment.   The Go Global Awards are judged by an esteemed panel […]

May 1, 2023

Daisy

The International Trade Council is pleased to announce the re-establishment of finance dialogue between Japan and South Korea, as the two countries held their first finance leaders’ meeting in seven years on May 2, 2023. The renewed commitment to regular dialogue is a crucial step towards enhanced cooperation and coordination in the region.   Japanese […]

April 21, 2023

Daisy

The International Trade Council (ITC) expresses deep concern over the increasing use of exit bans by Chinese authorities, impacting both Chinese nationals and foreigners attempting to leave the country. Recent reports and research highlight a surge in cases involving exit bans, sending a troubling message amidst China’s claims of openness for business.   The ITC […]

April 20, 2023

Daisy

April 20, 2023 – The International Trade Council (ITC) is proud to announce the launch of its newly redesigned website (www.tradecouncil.org), a comprehensive online resource for businesses, governments, and organizations involved in global trade. The new website offers a modern, user-friendly interface and is designed to provide up-to-date news, reports, and valuable insights on international […]

April 19, 2023

Daisy

The International Trade Council wishes to inform its members and relevant stakeholders that Hungary has implemented a temporary ban on imports of honey, certain meat products, and grains from Ukraine, effective immediately until June 30, 2023. This decision follows the European Commission’s announcement of emergency preventive measures for wheat, maize, sunflower seeds, and rapeseed imports […]

April 18, 2023

Daisy

The International Trade Council is pleased to announce that China’s industrial output and retail sales have shown significant growth in March 2023, signaling a steady economic recovery following the easing of COVID-19 restrictions. Official data released on Tuesday reveals that China’s industrial output rose by 3.9% year-on-year in March, accelerating from a 2.4% increase in […]