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

Philippines Semiconductor Exports Set for 5% Growth in 2025, Signaling Trade Opportunities

October 25, 2024

Daisy

The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is excited to announce an anticipated 5% growth in semiconductor exports for 2025. This positive projection comes despite current challenges, highlighting the resilience of the sector and its critical role in global trade. SEIPI President Danilo C. Lachica shared insights during the 13th Arangkada […]

EU and China Advance Collaborative Talks on Electric Vehicle Trade

October 25, 2024

Jessica Jumaway

The European Union and China are taking significant steps toward enhancing their trading relationship through continued technical negotiations on electric vehicles (EVs). Both parties are exploring innovative alternatives to the tariffs set to be imposed on China-made EVs, with the aim of fostering a more cooperative and beneficial trade environment.   In a recent video […]

Strong U.S.-UK Trade Relationship Poised for Continued Growth, Says British Finance Minister

October 25, 2024

Jessica Jumaway

British Finance Minister Rachel Reeves recently highlighted the enduring strength of the U.S.-UK trade relationship, emphasizing its importance for both nations. In an interview with Reuters during the International Monetary Fund (IMF) and World Bank annual meetings in Washington, Reeves expressed optimism about the future of trade between the two countries.   “The U.S. remains […]

Turkey’s Fruit Exports Reach $1 Billion, Strengthening Global Trade Position

October 24, 2024

Jessica Jumaway

In an exciting development for Turkey’s agricultural sector, the country has achieved a significant milestone by exporting fruits valued at over $1 billion to 114 countries in just the first nine months of 2024. This impressive achievement not only showcases the quality and competitiveness of Turkish fruits but also underscores the sector’s pivotal role in […]

Germany Invests EUR 150,000 to Enhance Trade Opportunities for Developing Economies

October 24, 2024

Daisy

Germany is taking a proactive step to bolster trade opportunities for developing economies and least-developed countries (LDCs) by pledging EUR 150,000 (approximately CHF 140,000) in 2024 to the Standards and Trade Development Facility (STDF). This initiative aims to strengthen sanitary and phytosanitary (SPS) capacities, enabling these nations to access global and regional markets more effectively. […]

Kazakhstan to Enhance Grain and Wheat Exports Following Record Harvest

October 24, 2024

Jessica Jumaway

Kazakhstan is poised to bolster its grain and wheat exports after an outstanding harvest this year. With over 16.7 million hectares of cereals sown, the country has completed 99.7% of its harvesting, yielding an impressive 26.5 million tons of grain. This achievement not only highlights Kazakhstan’s agricultural capabilities but also sets the stage for increased […]

G20 Ministers Embrace Sustainable Trade and Women’s Empowerment in Global Economy

October 24, 2024

Jessica Jumaway

G20 ministers gathered in Brasilia on October 24, 2024, to forge a progressive path forward for international trade, focusing on sustainable development and the vital role of women in the global economy. Brazil’s Vice President and Trade Minister, Geraldo Alckmin, proudly announced the agreement, underscoring the commitment to creating an inclusive trading environment that benefits […]

WTO Advanced Trade Policy Course Underway in Geneva

October 24, 2024

Jessica Jumaway

An exciting opportunity is unfolding in Geneva, where 27 government officials from developing and least-developed countries are participating in the Advanced Trade Policy Course from October 14 to December 6. This eight-week program, organized by the WTO, aims to empower participants with essential knowledge of international trade and enhance their understanding of WTO agreements and […]

Chilean Grape Exports Set for Success with Varietal Innovations

October 22, 2024

Jessica Jumaway

Chilean grape exports are gearing up for a successful season, with the Chilean Table Grape Committee forecasting an impressive export crop of 66 million cartons for the 2024/25 season, reflecting a 2.4% increase compared to the previous year. This growth showcases the resilience and adaptability of Chile’s agricultural sector, with estimates based on approximately 85% […]

Panama’s Exports Surge by 7%, Targeting $1.25 Billion by Year-End

October 22, 2024

Jessica Jumaway

Panama is experiencing a promising upward trend in its export sector, reporting a notable 7% increase from January to October 2024 compared to the same period last year. The Ministry of Commerce and Industry (MICI) is optimistic that total export values will surpass $1.25 billion by year-end, reflecting a robust 5% growth from 2023. Eric […]

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