Posts Tagged ‘InternationalNews’

Ongoing discussions between industry leaders and the U.S. government are paving the way for a strategic investment aimed at strengthening the domestic steel sector and enhancing global trade. The collaboration seeks to drive innovation, boost manufacturing capabilities, and reinforce supply chain resilience, positioning the industry for long-term growth.   The latest developments indicate positive progress […]

News, Peru, Trade and Investments

March 24, 2025

Peru is set to expand its agricultural sector with a $24 billion investment in irrigation infrastructure, aiming to cultivate an additional one million hectares of farmland. The initiative, largely driven by public-private partnerships, will support 22 new and existing projects across the country’s coastal, highland, and Amazon regions.   Agriculture Minister Angel Manero highlighted the […]

The United States is reinforcing its global trade partnerships by importing eggs from Turkey and Korea, ensuring market stability and affordability for consumers. This strategic move highlights the role of international trade in strengthening food supply chains and meeting consumer demand.   With imports already in motion and discussions underway with additional trade partners, the […]

The Philippine agricultural sector is currently facing challenges due to an influx of imported vegetables, prompting local farmers to seek increased government support to safeguard their livelihoods. The surge in imports has led to heightened competition, adversely affecting the domestic market and the income of local producers. Impact on Local Agriculture The entry of imported […]

In response to recent concerns over contaminated durian exports, the Thai government is implementing stricter quality control measures to safeguard its agricultural trade relationships. This initiative follows China’s rejection of a 64-ton shipment of Thai durians found to contain Basic Yellow 2 (BY2), a carcinogenic dye, in February 2025. During a recent Cabinet meeting, Commerce […]

The Directorate General of Trade Remedies (DGTR), under India’s Ministry of Commerce and Industry, has recommended a provisional 12% safeguard duty on specific steel imports for a duration of 200 days. This measure aims to shield the domestic steel industry from a surge in low-cost imports, primarily originating from China, South Korea, and Japan. The […]

The International Trade Council reports that Indonesia and the European Union (EU) have prolonged their negotiations for a Comprehensive Economic Partnership Agreement (CEPA) due to ongoing regulatory challenges. Initiated in 2016, these discussions aim to enhance trade relations by addressing tariffs, non-tariff barriers, and investment opportunities. A significant point of contention is the EU’s forthcoming […]

The Philippine Department of Agriculture (DA) has initiated legal proceedings against JRA and Pearl Enterprises Inc. for allegedly importing fresh yellow onions valued at approximately PHP 2.37 million without the necessary permits. The Bureau of Plant Industry (BPI) filed a formal complaint with the Manila City Prosecutor’s Office, asserting that the company imported 25 metric […]

Canada, Energy Trade, News

March 6, 2025

Canada’s crude oil exports are experiencing strong growth, reinforcing the country’s role in global energy trade. In the first two months of 2025, tanker shipments surged to 618,000 barrels per day (bpd), reflecting a 59% increase compared to the same period in 2024. This expansion is largely driven by the successful completion of the Trans […]

Uzbekistan is making strides in international trade with a significant increase in peanut exports. In January 2025, the country shipped 1,384 tons of peanuts abroad, generating $1.5 million in export revenue. This growth highlights Uzbekistan’s expanding role in global agricultural markets and its commitment to strengthening trade partnerships.   The country’s peanuts reached both regional […]

Thailand is reinforcing its position as a leading agricultural exporter by enhancing safety measures for key fruit shipments. With the harvest season approaching, the Ministry of Agriculture and Cooperatives, led by Minister Narumon Pinyosinwat, is ensuring that durian, longan, and mango exports meet the highest international standards.   Stricter regulations, including advanced chemical residue testing, […]

South Africa’s agricultural sector has reached a new milestone with the approval of fresh table grape exports to the Philippines. This achievement, the result of ten years of negotiations, underscores the country’s commitment to expanding international trade and diversifying export markets.   Agriculture Minister John Steenhuisen highlighted the significance of this development, noting that increased […]

U.S. pork and beef exports continue to play a key role in strengthening the nation’s agricultural trade, delivering substantial economic benefits to corn and soybean producers. A recent study conducted by the Juday Group for the U.S. Meat Export Federation (USMEF) highlights how these exports contributed $2.24 billion in market value to corn and $1.12 […]

Vietnam’s agro-forestry and fishery exports to the European Union (EU) continue to grow, reflecting the country’s commitment to quality and international trade expansion. With the EU’s market of over 450 million consumers, Vietnamese exporters are successfully adapting to stringent food safety and environmental standards, positioning themselves as key players in global agriculture.   The rising […]

U.S. pork exports to Central America soared to new heights in 2024, reaching record-breaking levels in both volume and value. This remarkable growth highlights the strength of trade relationships and the increasing demand for high-quality U.S. agricultural products in international markets.   According to the U.S. Meat Export Federation (USMEF), strategic consumer education initiatives have […]

Economic Development, News

March 5, 2025

Bank of England Governor Andrew Bailey has emphasized the importance of open trade and international cooperation in strengthening global economic stability. Speaking before British lawmakers, Bailey highlighted the benefits of addressing trade concerns through multilateral discussions rather than unilateral measures, reinforcing the need for balanced trade policies that support long-term growth.   During a recent […]