International trade
The Eurasian Economic Commission, a regulatory body for the Eurasian Economic Union, has strengthened its cooperation with China on trade remedy measures. A high-level meeting between Andrey Zakharov, Director of the Department for Internal Market Protection of the Eurasian Economic Commission, and Tao Peng, Head of the Trade Remedy and
International trade
Asean+3 economies, comprising the ten Association of Southeast Asian Nations member states, plus China, Japan, and South Korea, are at a critical juncture due to the fragmentation of the multilateral trading system. The region's long-term growth and resilience are threatened by the current environment of escalating strategic
International trade
China's decision to offer zero-tariff treatment on all products from the world's least developed countries (LDCs) has significant implications for the global trade landscape. Effective December 1, 2024, Beijing raised its duty-free coverage for LDCs with which it has diplomatic relations from 98 percent to 100
International trade
The STDF annual report covers a momentous year for the partnership, marking its 20th anniversary in 2024 and highlighting significant achievements, including strengthened SPS capacity in developing countries and mainstreaming gender and environmental issues. The report also features an external evaluation of the STDF's performance, showcasing its continued
International trade
African countries have been encouraged to prioritize collaboration to enhance intra-African connectivity, which is believed to unlock economic potential, improve living standards, and foster a more integrated and prosperous continent. The African Continental Free Trade Area (AfCFTA) and other initiatives, such as the Single African Air Transport Market (SAATM) and
International trade
In recent months, Sultan Haitham bin Tarik has led a notable wave of diplomatic engagement, marked by official visits to countries such as Belgium, the Netherlands, Russia, and Algeria, aiming to bolster Oman's strategic, political, and economic interests. These efforts reflect a broader ambition to expand Oman'
International trade
The global Trade Wars Impact on Semiconductors market is rapidly expanding, driven by strong demand from key industries. The market is expected to reach nearly $1 trillion by 2034, with a projected compound annual growth rate (CAGR) of around 6.5% between 2025 and 2034. Several transformative trends are fueling
International trade
As geopolitical tensions rise and global supply chains fragment, the European Central Bank (ECB) president, Christine Lagarde, has emphasized the need for deeper regional cooperation to protect the continent's economic ties and mitigate exposure to external shocks. Lagarde believes that by strengthening economic relationships within the region, Europe
International trade
The Canadian International Trade Tribunal has issued a decision in a complaint filed by 5D Property Management Group, awarding the Department of Public Works and Government Services (PWGSC) its reasonable costs incurred in preparing and proceeding with the complaint. The Tribunal's preliminary indication of the level of complexity
International trade
The Canadian International Trade Tribunal has conducted a preliminary injury inquiry into the dumping and subsidizing of polyethylene terephthalate (PET) resin imports from China and Pakistan, finding a reasonable indication of injury to the Canadian industry. The inquiry, initiated on March 19, 2025, focused on PET resin with an intrinsic
International trade
The Turkish Central Bank made a unanimous decision to maintain its benchmark policy rate at 46%, aligning with market expectations. This move comes after the bank noted that the underlying trend of inflation declined in May, and leading indicators suggest the decline will continue in June. The bank is closely
International trade
The United Arab Emirates (UAE) has seen a record-breaking surge in foreign direct investment (FDI), with a 48% annual increase reaching AED 167 billion in 2024, according to Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade. This significant development is driven by the UAE's
