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

The ITC Supports Strict Enforcement of Cosmetics Regulations

May 16, 2023

Daisy

The International Trade Council (ITC) today underscores the importance of adhering to cosmetic regulation management rules, as a small trading firm in southwest China faces a significant fine of $420 million for suspected violations.   The Chongqing-based company, Dezhao, was fined by the city’s market regulator for alleged breaches, including the failure to obtain necessary […]

EU Passes Groundbreaking Law for ‘Deforestation-Free’ Trade

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 – […]

International Trade Council Responds to the Recent China-Ecuador Free Trade Agreement

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 […]

Honduras Set to Begin Negotiations on a Free Trade Agreement with China

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 […]

Free Trade Agreements Set to Transform Trade in the Gulf Region

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 […]

KAUP Expands its e-op Range

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 […]

The International Trade Council Responds to the Philippines’ Call for Asean’s Committment to Free Trade

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 […]

International Trade Council Welcomes New Members in Pursuit of Global Business Excellence

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 […]

Advocating for Resilience and Integration in Sub-Saharan Africa

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 […]

2023 Go Global Awards

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 […]

Entries Now Open for the 2023 Go Global Awards

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 […]

Japan and South Korea Re-establish Finance Dialogue Amid Geopolitical Challenges

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 […]

International Trade Council Condemns China Exit Bans

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 […]

International Trade Council Launches New Website

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 […]

Hungary Implements Temporary Import Ban on Select Ukrainian Agricultural Products

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 […]

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