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Taiwanese Auto Parts Manufacturer Expands to U.S. Amidst Global Challenges

November 30, 2023

Daisy

International Trade, News, Taiwan, United States

0

In response to evolving global dynamics and supply chain uncertainties, Hota Industrial Mfg. Co, a renowned Taiwanese auto parts manufacturer, is making a strategic shift by establishing its first manufacturing facility in the United States. For decades, Hota has been a key supplier of gears, shafts, and other automotive components to major foreign car manufacturers […]

Surecomp further expands electronic trade document connection with CargoX partnership

November 29, 2023

Daisy

Digital Trade, News

0

Toronto, Canada, 29th November 2023 – Surecomp today announced that CargoX is the latest partner to join its RIVO™ platform. The collaboration further expands Surecomp’s fintech ecosystem, affording customers centralized access to a choice of best-in-class electronic trade document solutions through which to streamline their digital trade finance process.   Operating its own independent Blockchain Document Transfer (BDT) platform, […]

Bolivia to Secure Full Membership in Mercosur Trade Bloc

November 29, 2023

Daisy

International Trade, News

0

In a significant development, Bolivia is poised to become a full-fledged member of the South American Mercosur trade bloc, following the approval of its admission by the Brazilian Senate on Tuesday. This crucial step towards bolstering regional trade ties is expected to be formally ratified during a regional summit scheduled for December 7 in Rio […]

New Zealand Aims to Enhance Engagement with the United States

November 29, 2023

Daisy

International Relations, News

0

New Zealand’s Foreign Minister, Winston Peters, expressed his country’s intent to strengthen its engagement with the United States regarding strategic, security, and economic challenges. Speaking at the United States Business Summit in Auckland, Peters outlined New Zealand’s commitment to fostering shared values, regional security, and economic growth.   In his first address as foreign minister […]

Vietnam-Japan Relations Reach New Heights with Comprehensive Strategic Partnership

November 27, 2023

Daisy

Bilateral Trade Relation, Japan, News, Vietnam

0

In a landmark development for international trade, Vietnam and Japan have officially elevated their bilateral relations to a “comprehensive strategic partnership”. This significant advancement was formalized during Vietnamese President Vo Van Thuong’s visit to Tokyo, marking a key milestone in both countries’ diplomatic journeys.   This enhanced partnership underscores Vietnam’s pivotal role in the global […]

Global Trade Shows Signs of Recovery Amid Uncertainty

November 27, 2023

Daisy

News, Trade Relations

0

The latest quarterly WTO Goods Trade Barometer, released on November 27, indicates a rebound in the volume of global merchandise trade following a recent decline. Key drivers of this recovery include increased automobile sales and production, as well as the trade in electronic components. However, while trade volumes are on the mend, mixed economic data […]

China, Japan, and South Korea Take Steps to Improve Relations and Plan Summit

November 25, 2023

Daisy

China, Geopolitics, Japan, News, South Korea

0

In an effort to ease tensions and enhance cooperation, China, Japan, and South Korea have agreed to restart diplomatic and economic exchanges and work toward organizing a summit. Despite China’s attempts to mend relations with the United States, Beijing is concerned about the strengthening partnership between Washington and its key regional allies.   Previously, Beijing, […]

Somalia Joins East Africa Trade Bloc as It Eyes New Opportunities

November 24, 2023

Daisy

Africa, Geopolitics, News

0

Somalia has officially become the eighth member of the East African Community (EAC) trade bloc, a development expected to have significant implications for the region’s economy and trade opportunities. The EAC, comprising countries such as Kenya, Tanzania, Uganda, and others, has welcomed Somalia into its common market, expanding its market size to nearly 300 million […]

European Union Boosts Global Fisheries Sustainability with EUR 1 Million Contribution to WTO Fund

November 23, 2023

Daisy

Europe, International Trade, News

0

In a landmark move to promote sustainable marine fisheries, the European Union has generously donated €1 million to the World Trade Organization’s Fisheries Funding Mechanism. This multi-year contribution, presented by Ambassador João Aguiar Machado to WTO Director-General Ngozi Okonjo-Iweala, is a significant step toward assisting developing and least-developed members in implementing the Agreement on Fisheries […]

Vietnam and Japan to Explore New Horizons in Bilateral Relations During President Vo Van Thuong’s Tokyo Visit

November 23, 2023

Daisy

International Trade, Japan, News, Vietnam

0

An upcoming visit by Vietnamese President Vo Van Thuong to Japan is poised to mark a significant chapter in the bilateral relations between Vietnam and Japan. This visit, slated for next week, will be President Thuong’s inaugural official trip to Japan and aligns with the 50th anniversary celebrations of diplomatic ties between the two nations. […]

South Korea and UK Forge Stronger Ties in Defense, Technology, and Trade

November 22, 2023

Daisy

Economic Development, News, South Korea, United Kingdom

0

In a landmark move, South Korean President Yoon Suk Yeol and British Prime Minister Rishi Sunak have signed the Downing Street Accord during President Yoon’s state visit to London. This agreement represents a significant step in strengthening bilateral cooperation in various sectors, notably in defense, security, and technology.   The accord underlines both nations’ commitment […]

Leveraging Trade as a Catalyst, Latin America Seeks to Boost Economic Growth

November 22, 2023

Daisy

Economic Development, News

0

Latin America and the Caribbean have yet to fully tap into the potential of international trade, which is a crucial driver of growth for emerging market economies, according to a recent report by the International Trade Council. Despite some progress in trade openness, the region continues to face challenges such as inadequate infrastructure, cumbersome customs […]

Uruguay Strengthens Ties with China, Eyes Enhanced Trade Opportunities

November 22, 2023

Daisy

China, International Trade, News

0

In a strategic move to expand its international trade relations, Uruguay has elevated its ties with China, aligning its level of engagement with that of its fellow Mercosur members, Brazil and Argentina. This development signifies Uruguay’s ambition to explore beneficial deals beyond its regional trade bloc, while China continues to deepen its connections in South […]

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Important Disclaimer: The International Trade Council is not affiliated in any way with the International Trade Centre. The International Trade Centre is a joint subsidiary organ of the United Nations (acting through UNCTAD) and the World Trade Organization. The International Trade Council is an independent peak-body chamber of commerce acting on behalf of its member businesses and governments. If you are looking for the International Trade Centre, please visit www.intracen.org.