Posts Tagged ‘EconomicGrowth’

The National Economic and Development Authority Board has approved the implementation of the free trade agreement between the Philippines and Korea, marking a significant milestone in enhancing economic collaboration and trade relations. This agreement aims to reduce market barriers, foster investment opportunities, and provide expanded access to goods and services between the two countries.   […]

Agricultural Exports, Brazil, News

December 17, 2024

Brazil is making strides in global trade with the expansion of its fresh grape exports to China, supported by innovative and eco-friendly packaging solutions. This development follows the signing of a phytosanitary protocol in November, opening doors for Brazilian table grapes to reach new international markets.   The introduction of the DaColheita packaging solution has […]

Africa, International Trade, News

December 17, 2024

Efforts to boost trade and connectivity with African nations are gaining momentum, focusing on fostering mutually beneficial agreements and enhancing infrastructure links across the region. Recent discussions among key economic leaders have emphasized the importance of balanced trade agreements and regional collaboration to support economic growth.   New trade initiatives aim to create equitable agreements […]

Europe, International Relations, News

December 17, 2024

The eurozone and European Union have showcased resilience and adaptability in their international trade activities, with October 2024 figures highlighting growth and stability despite global economic adjustments.   In the eurozone, exports of goods to the rest of the world climbed to €254 billion in October 2024, representing a 2.1% increase from the same period […]

Cambodia’s garment, footwear, and travel goods exports have surged impressively in the first eleven months of 2024, reflecting the country’s growing importance in global trade. Export revenues from these sectors rose by over 25%, reaching $12.51 billion, which accounts for more than half of the nation’s total export earnings. This significant growth underscores Cambodia’s position […]

In a positive step for international trade, Japanese strawberries are set to return to the Philippine market following the successful lifting of an export ban. This decision, achieved through collaborative efforts between Japan and the Philippines, highlights the strengthening trade partnership between the two nations.   The Ministry of Agriculture, Forestry, and Fisheries (MAFF) of […]

News, United Kingdom

December 16, 2024

The United Kingdom has set a new record in renewable energy production, with wind power generation surpassing 22 gigawatts on Sunday. This remarkable achievement not only met the country’s energy needs but also led to the highest level of electricity exports to France in over a year, showcasing the UK’s growing role in the European […]

Agricultural Exports, Japan, News

December 16, 2024

Japan’s sweet potato exports have experienced remarkable growth, showcasing the country’s innovative approach to agriculture and its commitment to meeting international market demands. In 2023, export volumes reached 6,200 tons, marking a tenfold increase in shipment value over the past decade. This surge underscores Japan’s focus on quality and adaptability in global trade.   Agricultural […]

Agricultural Exports, China, News

December 15, 2024

China’s fruit export industry continues to flourish, showcasing substantial growth and reinforcing the country’s role as a major player in global agricultural trade. The consistent demand from international markets, particularly across Southeast Asia, reflects the growing importance of cross-border trade in supporting regional economies.   Southeast Asian markets remain key destinations for Chinese fruits, with […]

International Trade, News, Vietnam

December 13, 2024

Global merchandise trade saw continued growth in the third quarter of 2024, with volumes rising by 1.1% from the previous quarter and 3.3% year-on-year, marking the fourth consecutive quarter of positive expansion. This growth demonstrates the resilience of global trade, even amid uncertainties. In dollar terms, the value of merchandise trade increased by 4.3% year-on-year, […]

Energy Trade, News, United States

December 11, 2024

The U.S. government has introduced increased tariffs on solar wafers, polysilicon, and tungsten products, aiming to empower its clean energy sector and strengthen its global competitiveness. This move underscores a commitment to fostering innovation and enhancing the resilience of domestic supply chains while supporting a growing clean energy economy.   By adjusting tariffs, the U.S. […]

Global Trade, News, Switzerland

December 9, 2024

Global trade continues to play a transformative role in enhancing food security and promoting better nutrition worldwide, emphasized Deputy Director-General Jean-Marie Paugam at the WTO’s Annual Agriculture Symposium on December 9. Speaking on behalf of Director-General Ngozi Okonjo-Iweala, DDG Paugam highlighted how international trade fosters innovation, diversity, and resilience in food systems, driving positive global […]

Agricultural Exports, Cambodia, News

December 6, 2024

Cambodia is making impressive strides in global trade, with a record $1.79 billion earned from paddy and milled rice exports in the first eleven months of 2024. According to a report from the Cambodia Rice Federation, the Kingdom exported 575,562 tonnes of milled rice to 67 countries, contributing significantly to its trade growth. Although there […]

Vietnam’s export sector is poised to achieve its highest growth rate since 2021, with an expected 18% increase by the end of the year. This impressive performance underscores the country’s expanding role in international trade and its ability to adapt and thrive in a competitive global market.   By mid-November, Vietnam’s export turnover reached 352.38 […]

Kazakhstan is solidifying its position as a vital energy partner for the European Union, exporting over 70% of its oil to EU countries. As the bloc’s third-largest non-OPEC oil supplier, the nation is scaling up efforts to meet growing demand and strengthen its presence in international trade.   Energy Minister Almasadam Satkaliyev announced plans to […]