Posts Tagged ‘InternationalTrade’

Agricultural Exports, Kazakhstan, News

December 3, 2024

Kazakhstan is making significant progress in strengthening its position as a key player in global agricultural trade, achieving a remarkable 51% growth in grain exports from September to November, compared to the same period last year. The nation’s railway company, Kazakhstan Temir Zholy (KTZ), played a vital role in facilitating the transportation of 2.9 million […]

The Philippines and South Korea have taken a significant step to enhance their agricultural trade partnership with the ratification of a free trade agreement (FTA). This agreement is expected to open new opportunities for the export of Philippine tropical fruits to South Korea, complementing the existing trade in vegetables and other agricultural products.   President […]

Agricultural Exports, Chile, News

December 2, 2024

The 2024-2025 season is shaping up to be a remarkable year for Chile’s stone fruit exports, with shipments of plums, peaches, and nectarines projected to increase by 4% over the previous year. This growth, estimated at 38 million boxes averaging 8.3 kilograms each, reflects Chile’s strategic efforts to strengthen its position in global agricultural trade. […]

Korea’s cosmetic industry has achieved a significant milestone, with exports soaring to a record $9.3 billion from January to November 2024, according to the Ministry of Food and Drug Safety. This remarkable achievement surpasses the previous high of $9.2 billion in 2021, reflecting the growing global admiration for Korean beauty products and their influence on […]

Agricultural Exports, News, Vietnam

December 2, 2024

Vietnam’s agricultural sector is set to reach new heights in 2024, with exports projected to achieve a remarkable $60-61 billion in revenue, marking a significant increase from last year. This growth underscores the strength and competitiveness of Vietnam’s agricultural products on the global market.   Key sectors are driving this impressive expansion, with durians, often […]

Agricultural Exports, Greece, News

December 2, 2024

Greece is set to experience a significant boost in its tomato exports starting December 15th, following a challenging growing season. A hot summer and water shortages had initially delayed the harvest, but with production now on the rise, the country is prepared to meet increasing international demand, creating new trade opportunities for Greece’s agricultural sector. […]

New Zealand’s avocado exports are set for a positive turn in 2025, with expectations of a stronger market performance. After a challenging year for local growers, production in neighboring Australia and Peru is forecasted to decline, giving New Zealand a prime opportunity to increase its international market share.   Australia experienced a surge in avocado […]

Indonesia and Canada have signed a landmark Comprehensive Economic Partnership Agreement (CEPA), signaling a commitment to deepen economic ties and foster sustainable trade growth. This milestone agreement, finalized after three years of negotiations, will take effect in 2026 and aims to create a more predictable and mutually beneficial trade relationship between the two G20 nations. […]

Morocco has experienced impressive export growth in several key industries, including aerospace, automotive, and phosphate products, during the first ten months of 2024.   The aerospace sector saw a notable 17.3% increase in exports, reaching $2.16 billion, driven by a 26.9% surge in the assembly segment, which accounted for $1.43 billion. The country’s strong political […]

China, Manufacturing, News

December 1, 2024

China’s manufacturing sector showed strong improvement in November, with factory activity expanding at the fastest pace in five months. According to the Caixin/S&P Global Manufacturing Purchasing Managers’ Index (PMI), the index rose to 51.5, up from 50.3 in October, marking the highest level since June. This positive trend signals a solid rebound in China’s manufacturing […]

Canada, International Relations, News

November 29, 2024

Canada is emphasizing the importance of stronger collaboration between the United States, Mexico, and Canada to create a unified approach to trade policies regarding China. Finance Minister Chrystia Freeland expressed confidence that the three nations have a valuable opportunity to align their strategies, ensuring a fair and competitive trade environment in North America.   Speaking […]

Global Trade, News, Switzerland

November 29, 2024

The World Trade Organization (WTO) General Council has reappointed Dr. Ngozi Okonjo-Iweala as Director-General for a second four-year term, set to begin on September 1, 2025. This decision underscores her exceptional leadership and significant contributions to advancing the global trade agenda.   Throughout her first term, Dr. Okonjo-Iweala played a pivotal role in guiding the […]

Agricultural Exports, Benin, News

November 28, 2024

Benin’s vibrant pineapple industry is poised for a significant leap in global trade as exporters prepare to expand their market reach to China. Currently, the West African nation exports around 85% of its premium-quality pineapples to France. However, new developments in infrastructure and strategic discussions are paving the way for a diversified export portfolio.   […]

Germany, International Trade, News

November 28, 2024

Germany is taking a significant step to enhance its semiconductor industry and strengthen its role in global trade. The government has announced plans to allocate billions of euros in subsidies to support advanced chip production, a move designed to boost technological innovation and reinforce Europe’s position in the global semiconductor market.   The initiative aligns […]

Costa Rica has received a formal invitation to join the prestigious Trans-Pacific Partnership (TPP), a move that promises to open new doors for trade and economic growth. This agreement will enable Costa Rica to strengthen its connections with a diverse group of nations, boosting access to markets such as Japan, Australia, Malaysia, New Zealand, Brunei, […]