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Vietnam and Australia Set to Strengthen Energy and Mineral Cooperation with New MOU

March 5, 2024

Daisy

Australia, Energy Trade, News, Vietnam

0

Vietnam and Australia are poised to enhance their collaboration in the energy and mineral sectors with the upcoming signing of a memorandum of understanding (MOU), announced the Vietnamese Ministry of Industry and Trade during Prime Minister Pham Minh Chinh’s visit to Melbourne.   The MOU aims to bolster cooperation between the two nations in energy […]

Malaysia Awaits $5 Billion Investment from Australian Firms

March 5, 2024

Daisy

Australia, Malaysia, News

0

Malaysia Anticipates $5 Billion Investment from Australian Companies. Malaysia is poised to welcome investments totaling up to 24.5 billion ringgit ($5.17 billion) from Australian firms, according to Prime Minister Anwar Ibrahim, as reported by state news agency Bernama on Wednesday.   Leading the investment charge are Australian data center operators AirTrunk and NextDC, with plans […]

EU Officials Propose Measures to Strengthen Defense Industry Cooperation

March 5, 2024

Daisy

Europe, Geopolitics, News

0

Top European Union officials unveiled plans on Tuesday to enhance collaboration within the continent’s defense industry, citing the need for increased joint procurement of weapons among member countries. The European Commission, the EU’s executive body, proposed allocating 1.5 billion euros ($1.63 billion) to incentivize collective purchases from European firms and foster the development of new […]

WTO Advanced Global Workshop Opens Applications for Government Procurement Training

March 5, 2024

Daisy

International Relations, News

0

Government officials from WTO member countries and observer nations eligible for technical assistance are encouraged to apply for the 2024 Advanced Global Workshop on the Agreement on Government Procurement (GPA) 2012. Scheduled from April 29 to May 3, 2024, the workshop aims to enhance participants’ understanding of key issues related to government procurement, international trade, […]

Philippines and Cambodia Forge Stronger Rice Trade Partnership

March 4, 2024

Daisy

Agricultural Trade, Cambodia, News, Philippines

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In a bid to bolster their rice trade amidst the challenges posed by the current El Niño phenomenon, the Philippines and Cambodia have pledged to strengthen their collaboration in agricultural trade, particularly focusing on rice.   During a meeting between President Ferdinand Marcos Jr. and Cambodian Prime Minister Hun Manet on March 4, 2024, on […]

South Africa Launches Safeguard Investigation on Flat-Rolled Steel Products

March 4, 2024

Daisy

Africa, News

0

South Africa has initiated a safeguard investigation into certain flat-rolled products of iron, non-alloy steel, or other alloy steel, as reported to the WTO’s Committee on Safeguards on February 29, 2024.   In this notification, South Africa outlined the procedure for interested parties to participate in the investigation. Interested parties are required to make themselves […]

U.S. Corn and Soy Crucial for Boosting Red Meat Exports

March 4, 2024

Daisy

Agricultural Trade, News, United States

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At the recent Commodity Classic event, thousands of growers convened to discuss industry trends and developments. Among them was Randy Spronk, Chair of the U.S. Meat Export Federation (USMEF) and a prominent pork and grain producer from Edgerton, Minn. Together with other USMEF leaders, Spronk expressed gratitude to corn and soybean producers for their invaluable […]

Uzbekistan’s Cabbage Exports Surge in January 2024

March 4, 2024

Daisy

Agricultural Trade, News, Uzbekistan

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In January 2024, Uzbekistan’s cabbage exports experienced a notable upturn, with shipments totaling 29,100 tons and yielding a revenue of 7 million US dollars, according to recent data released by the Statistics Agency. This surge reflects a substantial financial growth of 4.6 million US dollars compared to the corresponding period in the previous year.   […]

French Exports to Libya Soar to 301 million Euro in 2023, Marking Highest Since 2015

March 4, 2024

Daisy

International Trade, News

0

In a notable development, the French embassy in Tripoli revealed today that French exports to Libya surged to €301 million (US three hundred twenty-five million) in 2023, marking their highest level since 2015. This substantial increase represents a remarkable growth of 36 percent compared to the previous year.   According to reports from the embassy, […]

Turkey Achieves Record-High February Exports, Marking Positive Economic Momentum

March 3, 2024

Daisy

Economic Development, News, Turkey

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Turkey has reached a significant milestone in its export sector, with official data revealing a record-high volume of exports in February, contributing to the country’s positive economic trajectory in recent months. The nation concluded 2023 on a high note, boasting a record of $255.8 billion in outbound shipments.   Trade Minister Ömer Bolat announced that […]

Australia’s Maritime Security Initiative Elevates Trade Confidence in Southeast Asia

March 3, 2024

Daisy

Australia, International Trade, News, Southeast Asia

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Australia’s recent announcement of increased funding for maritime security initiatives in collaboration with ASEAN countries holds significant implications for regional trade dynamics.   During a crucial summit with the Southeast Asian bloc, Australia unveiled a substantial investment of A$64 million ($41.8 million) over four years, including A$40 million in new funding. This infusion of resources […]

South Africa Joins Global Efforts for Sustainable Fisheries

March 1, 2024

Daisy

News, Sustainable Trade

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In a significant move towards promoting sustainable trade practices, South Africa formally deposited its instrument of acceptance of the Agreement on Fisheries Subsidies on 1st March. The Minister of Trade and Industry, Ebrahim Patel, presented South Africa’s acceptance to Director-General Ngozi Okonjo-Iweala at the closing session of the 13th Ministerial Conference (MC13) held in Abu […]

Indonesia Aims for OECD Membership to Boost Trade Prospects

February 28, 2024

Daisy

Indonesia, News, Trade Policy

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Indonesia is eyeing membership in the Organization for Economic Co-operation and Development (OECD) within the next two to three years, with the aim of enhancing its trade landscape, a senior cabinet minister announced Wednesday.   As Southeast Asia’s largest economy, Indonesia sees OECD membership as a strategic move to attract increased investment and foster beneficial […]

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