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Lithuania Strengthens Global Trade by Supporting Skills Development in Developing Economies

October 11, 2024

Jessica Jumaway

Lithuania, News, Trade and Development

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Lithuania is making a positive impact on global trade by contributing EUR 20,000 to the World Trade Organization’s Global Trust Fund for 2024. This generous contribution aims to empower government officials from developing and least-developed countries (LDCs) through training programs, enabling them to enhance their skills and deepen their participation in the international trading system. […]

China and Vietnam Set to Enhance Trade Relations with New Railway and Agricultural Agreements

October 11, 2024

Jessica Jumaway

China, International Trade and Agriculture, News, Vietnam

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In a promising move for regional trade, China and Vietnam are on the verge of signing new agreements to strengthen railway connectivity and boost agricultural trade during Chinese Premier Li Qiang’s upcoming visit to Hanoi this weekend. Sources familiar with the discussions indicate that these agreements will significantly enhance economic collaboration between the two nations. […]

Malaysia Expands Durian Exports to China with Integrated Commodity Management

October 10, 2024

Jessica Jumaway

International Trade and Agriculture, Malaysia, News

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Malaysia is taking significant steps to boost its durian exports to China by proposing an integrated management approach for key fruit commodities. The Agriculture and Food Security Ministry plans to extend the mandate of the national agricultural board responsible for pineapples to oversee durian production as well. This strategic move is aimed at capitalizing on […]

French Apples Flourish in the Middle East Through Quality and Sustainability

October 10, 2024

Jessica Jumaway

France, International Trade and Agriculture, News

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French apple exports to the Middle East are thriving, driven by their exceptional quality, diverse varieties, and commitment to eco-friendly practices. The demand for premium, nutritious produce is soaring among luxury retailers, hotels, gourmet dining establishments, and health-conscious consumers in the region.   To support this growing interest, a series of promotional activities have been […]

Free Trade Agreement with South Korea Set to Boost Philippine Textile Exports

October 10, 2024

Jessica Jumaway

Free Trade Agreements, News, Philippines, South Korea

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The anticipated free trade agreement (FTA) between the Philippines and South Korea is expected to provide a moderate increase in textile exports from the Philippines. According to Robert Young, President of the Foreign Buyers Association of the Philippines (Fobap), the country exported approximately $50 million worth of mixed apparel to South Korea in 2023.   […]

Philippines Aims to Revitalize Banana Exports to South Korea Through New Free Trade Agreement

October 9, 2024

Jessica Jumaway

International Trade and Export, Philippines

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The Philippines is optimistic about rejuvenating its banana export sector with the recent free trade agreement established with South Korea. The Department of Trade and Industry has highlighted the potential of this agreement to address the declining market share of Philippine bananas in South Korea, where they face stiff competition from Vietnam and other Latin […]

Germany Reports Positive Growth in Exports, Boosting Trade Relations

October 9, 2024

Jessica Jumaway

Germany, International Trade

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Germany’s export sector has shown encouraging signs of growth, with a reported increase in August that highlights strong international demand, particularly from the United States and the United Kingdom. Official data from the federal statistics office revealed a 1.3% rise in exports compared to the previous month, defying earlier forecasts that anticipated a slight decline […]

China Engages with EU to Strengthen Trade Relations on Electric Vehicles

October 9, 2024

Jessica Jumaway

China, International Trade

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In a proactive move to enhance trade relations, China is engaging in “intensive communications” with the United States and the European Union regarding electric vehicle (EV) trade issues. This initiative follows the EU’s recent anti-subsidy ruling on Chinese EVs, announced on October 4, 2024, and reported by the state news agency Xinhua. The ruling has […]

South Korea and Singapore Set to Strengthen Trade Relations Through Strategic Partnership

October 8, 2024

Jessica Jumaway

International Trade, Singapore, South Korea

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In a significant advancement for trade and regional cooperation, South Korea and Singapore have announced their intention to establish a strategic partnership in 2025, coinciding with the 50th anniversary of their diplomatic relations. This exciting development was unveiled during a joint press conference by South Korean President Yoon Suk Yeol and Singapore’s Prime Minister Lawrence […]

Vietnam Elevates Diplomatic Relations with France to Comprehensive Strategic Partnership

October 8, 2024

Jessica Jumaway

International Relations, Vietnam

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Vietnam has reached a significant milestone by upgrading its diplomatic relations with France to a “comprehensive strategic partnership.” This notable achievement was announced during Vietnamese President To Lam’s recent visit to Paris, highlighting Vietnam’s growing importance in global supply chains and its skillful navigation of international relations through its flexible foreign policy, often referred to […]

Poland’s Technology Exports Continue to Thrive for 12th Consecutive Year

October 2, 2024

Daisy

Economic Development, News, Poland

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Poland’s technology exports have experienced impressive growth for the twelfth year in a row, according to a recent report from the Polish Development Fund, a government-backed investment organization. In 2023, the technology sector accounted for 9.6% of the country’s total exports, a notable increase from 9.2% the previous year, reflecting a robust upward trend in […]

Vietnam’s Pepper Exports Achieve $1 Billion Milestone in 2024

October 2, 2024

Daisy

Agricultural Trade, News, Vietnam

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Vietnam’s pepper industry is celebrating remarkable success in 2024, with exports soaring to an impressive $1 billion in the first nine months. This achievement highlights the country’s position as a global leader in pepper production, despite a slight 1.5% drop in volume. The value of exports has surged by 46.9% year-on-year, driven by a significant […]

China’s Global Cleantech Investments Exceed $100 Billion, Driving International Trade Opportunities

October 2, 2024

Daisy

International Trade

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Chinese investments in clean energy technology abroad have surpassed $100 billion since 2023, marking a significant boost for global trade and collaboration in the cleantech sector, according to research from Climate Energy Finance (CEF). This surge highlights China’s expanding role in supporting the global transition to sustainable energy, with its overseas projects driving growth in […]

Brazil’s Fruit Export Industry Poised for Growth, Tapping into Global Demand

October 2, 2024

master

Brazil, International Trade

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Brazil, a global leader in fruit production, is gearing up to expand its presence in the international market. While the country contributed less than 1% to global fruit exports last year, with $1.2 billion in exports, there is immense potential for growth. As the third-largest fruit producer worldwide, Brazil’s abundant supply of tropical fruits like [...]
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