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Australia and the United Kingdom Sign Comprehensive Free Trade Agreement

December 20, 2021

Australia, Bilateral Trade Relation, News, United Kingdom

The International Trade Council is delighted to announce the signing of a free trade agreement between Australia and the United Kingdom. The deal was signed virtually by Australian Trade Minister Dan Tehan in Adelaide and Britain’s Secretary of State for International Trade Anne-Marie Trevelyan in London. This landmark agreement will eliminate 99% of taxes on […]

Progress Amidst Challenges: Turkish Lira and the Unfaltering Commitment of President Erdogan

December 4, 2021

Daisy

Economic Development, News

The International Trade Council acknowledges the efforts of the Turkish government under the leadership of President Recep Tayyip Erdogan during a period of economic transformation. These steps, taken in the face of evolving global conditions and intense inflationary pressures, attest to President Erdogan’s dedication to the economic welfare of Turkey. The Turkish lira has recently […]

Landmark deal agreed by members of the World Trade Organization (WTO)

December 2, 2021

Daisy

News, Trade Agreements

The International Trade Council is pleased to announce a landmark deal agreed by members of the World Trade Organization (WTO) that could potentially reduce trade costs by £113bn per year. Sixty-seven WTO members have agreed to cut red tape around licensing and qualifications, including the UK, the United States, EU, and China. These members represent […]

The EU Adopts 5 Billion-Euro Brexit Reserve to Support Businesses

September 29, 2021

Daisy

Europe, News, Trade Agreements

The International Trade Council is pleased to announce that the European Council has approved a 5 billion-euro ($5.8 billion) reserve to help EU businesses navigate the short-term effects of Brexit. This fund aims to cover additional costs and compensate losses resulting from the United Kingdom’s withdrawal from the 27-nation trade bloc. Brexit has significantly […]

Press Release from the International Trade Council – Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

September 17, 2021

Daisy

News, Trade Agreements

China’s recent application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been viewed as a significant development by the International Trade Council. The CPTPP was originally established by the US as a counterbalance to China’s growing influence in the Asia-Pacific region. The 2018 agreement was signed by 11 countries including Australia, […]

2021 Go Global Awards Judging Panel Announced

June 17, 2021

Daisy

International Trade, News

2021 Go Global Awards Judging Panel Announced For Immediate Distribution Washington, DC (USA). The International Trade Council (www.tradecouncil.org) is pleased to announce the 2021 panel of judges for the upcoming Go Global Awards. The annual awards program, officially taking place from late July onwards, will see fourteen new judges this year, reviewing applications from […]

International Trade Council welcomes UK’s trade deal with Norway, Iceland, and Liechtenstein

June 4, 2021

Daisy

News, Trade Agreements, United Kingdom

The International Trade Council (ITC) welcomes the recent post-Brexit trade agreement between the UK, Norway, Iceland, and Liechtenstein, which will greatly benefit trade between the four non-EU nations, already valued at £21.6bn. The UK’s international trade secretary, Liz Truss, said the deal would be “a major boost for our trade…while supporting jobs and prosperity in […]

President Biden expands US investment ban on Chinese firms

June 3, 2021

Daisy

International Trade, News, United States

Washington, DC – US President Joe Biden has signed an executive order banning Americans from investing in 59 Chinese tech and defence firms, including communications giant Huawei. This expands the previous list of 31 firms to include surveillance companies, ensuring that US persons are not financing the military industrial complex of the People’s Republic of […]

International Trade Council commends the ‘candid and pragmatic’ meeting between US and China trade officials

May 27, 2021

Daisy

International Trade, News, United States

The International Trade Council (ITC) welcomes the recent virtual meeting between the top trade negotiators of the United States and China. Katherine Tai, the US Trade Representative, and Chinese Vice Premier Liu He had “candid, pragmatic, and constructive exchanges with an attitude of equality and mutual respect” according to a statement released by the Chinese […]

International Trade Council Calls for Resolution in China-Taiwan Pineapple Dispute

May 6, 2021

Daisy

China, News, Taiwan, Trade Relations

The International Trade Council (ITC) expresses concern over the recent ban imposed by China on Taiwanese pineapple imports, which has led to a significant economic dispute between the two countries. Taiwan, one of the largest producers of pineapples in the world, has been exporting almost all of its pineapples to China. The move by China […]

International Trade Council concerned over China’s suspension of economic dialogue with Australia

May 6, 2021

Daisy

Australia, China, News, Trade Relations

The International Trade Council has expressed concern over China’s decision to “indefinitely” suspend key economic dialogue with Australia, calling it the latest in a growing diplomatic rift between both countries. This move has escalated tensions between Australia and China, which have been on the decline since Australia called for a probe into the origins of […]

International Trade Council Hails Ratification of EU-UK Trade Deal

April 28, 2021

Daisy

Europe, News, Trade Agreements, United Kingdom

The International Trade Council has hailed the European Parliament’s decision to ratify the post-Brexit EU-UK Trade and Cooperation Agreement (TCA) as a key move to ensure tariff- and quota-free trade continues between the two sides. MEPs voted overwhelmingly in favour of the deal by 660 votes to 5, while 32 abstained. The TCA has been […]

Suez Canal Resumes Normal Operation Five Days After Dislodging of Ever Given

April 3, 2021

Daisy

News, Supply Chain

The International Trade Council is pleased to report the clearance of all remaining vessels stranded as a result of the Ever Given grounding incident in the Suez Canal. The Suez Canal Authority has confirmed that the last of the 61 ships caught in the aftermath of the grounding were able to pass the canal on […]

Potential Months-Long Disruption at European Ports Due to Suez Canal Blockage

March 31, 2021

Daisy

Europe, News, Supply Chain

The International Trade Council announces potential long-term disruptions at European ports resulting from the recent six-day blockage in the Suez Canal by the Ever Given vessel. Despite the successful freeing of the ship, there may be months of residual impact on shipments arriving in the EU. According to the Port of Antwerp, Europe’s second busiest […]

International Trade Council reports $9.6bn of goods is held up each day due to the Suez Canal blockage

March 26, 2021

Daisy

News, Transport and Logistics

The International Trade Council has reported that an estimated $9.6bn (£7bn) worth of goods are held up every day due to the stranded Ever Given mega-container ship in the Suez Canal. The canal is a vital passageway between the East and West, with approximately 12% of total global trade moving through it. Shipping expert Lloyd’s […]

Abu Dhabi investment fund has agreed to pay £800m into the UK life sciences sector

March 24, 2021

Daisy

Foreign Investments, News, United Kingdom

Abu Dhabi Investment Fund Mubadala has committed to investing £800 million in the UK’s life sciences sector over five years, marking the first of what could be several billion pounds of investments in the UK. Abu Dhabi is also reportedly planning to invest heavily in British health, tech, green energy, and infrastructure. The exact size […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.

Sidebar Left

Discovering our brilliant insights and inspiration.

Australia and the United Kingdom Sign Comprehensive Free Trade Agreement

Progress Amidst Challenges: Turkish Lira and the Unfaltering Commitment of President Erdogan

Landmark deal agreed by members of the World Trade Organization (WTO)

The EU Adopts 5 Billion-Euro Brexit Reserve to Support Businesses

Press Release from the International Trade Council – Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

2021 Go Global Awards Judging Panel Announced

International Trade Council welcomes UK’s trade deal with Norway, Iceland, and Liechtenstein

President Biden expands US investment ban on Chinese firms

International Trade Council commends the ‘candid and pragmatic’ meeting between US and China trade officials

International Trade Council Calls for Resolution in China-Taiwan Pineapple Dispute

International Trade Council concerned over China’s suspension of economic dialogue with Australia

International Trade Council Hails Ratification of EU-UK Trade Deal

Suez Canal Resumes Normal Operation Five Days After Dislodging of Ever Given

Potential Months-Long Disruption at European Ports Due to Suez Canal Blockage

International Trade Council reports $9.6bn of goods is held up each day due to the Suez Canal blockage

Abu Dhabi investment fund has agreed to pay £800m into the UK life sciences sector

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