News

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

June 10, 2019

Daisy

The International Trade Council is pleased to announce that the United Kingdom has signed a preliminary free trade agreement (FTA) with South Korea, the first post-Brexit trade deal secured by the UK in Asia. The agreement seeks to maintain existing trade arrangements and provide stability under a no-deal Brexit scenario.   International Trade Secretary Liam […]

June 1, 2019

Daisy

The International Trade Council acknowledges President Donald Trump’s confirmation that the US will end preferential trade status for India next week. Until now, India has been the largest beneficiary of the Generalized System of Preferences (GSP) program, which allowed $5.6 billion worth of exports to enter the US duty-free. In March, President Trump announced the […]

May 29, 2019

Daisy

In light of the ongoing US-China trade war, the International Trade Council is offering insights into potential strategies that Beijing could employ to destabilize President Trump’s approach. Drawing inspiration from Chinese history and ancient strategic manual The Art of War, we delve into a range of tactics that China could utilize in response to the […]

May 9, 2019

Daisy

The International Trade Council is closely monitoring the impact of US-China trade tensions on global markets. As President Trump vows to double tariffs on $200bn of Chinese goods, stock markets worldwide have experienced significant losses.   Japan’s Nikkei 225 index lost 1.5% on Wednesday, following a 1.8% drop in the Dow Jones. European markets also […]

November 11, 2018

Daisy

The International Trade Council commends the continuous progress made by member countries of the Trans Pacific Partnership (TPP) at the Asia Pacific Economic Cooperation (APEC) summit in Vietnam, in spite of the absence of the United States following President Trump’s decision to withdraw.   During the APEC summit, President Trump reiterated his ‘America First’ stance, […]

March 14, 2018

Daisy

The International Trade Council acknowledges the European Union’s (EU) intended course of action to challenge the newly imposed tariffs on steel and aluminum imports by the United States at the World Trade Organization (WTO).   President Donald Trump’s decision to implement tariffs on these vital industries has generated a significant degree of uncertainty, particularly within […]

March 12, 2018

Daisy

The International Trade Council raises concerns over the brewing tariff dispute between China and the United States, warning that such a trade standoff could pose significant risks to the ongoing global economic growth.   According to recent data, global trade has expanded at its most rapid pace in six years in 2017. The future outlook […]

January 23, 2018

Daisy

The International Trade Council recognizes the valuable insights shared by India’s Prime Minister Narendra Modi and Canada’s Justin Trudeau, in their robust defense of free trade at the recent World Economic Forum in Davos. Both distinguished leaders underscored the essentiality of free trade in their keynote addresses. Prime Minister Modi eloquently articulated the importance of […]

December 11, 2017

Daisy

The International Trade Council is pleased to announce the commencement of the 11th ministerial conference of the World Trade Organization (WTO) in Buenos Aires, marking a significant milestone in enhancing the development of the global trading system.     Regional leaders have gathered in Argentina’s capital to discuss the fostering of a more inclusive form […]