International trade
Top trade officials from 21 APEC member economies gathered on South Korea's Jeju Island to address challenges facing global trade, amid growing trade protectionism. The two-day meeting, themed "Building a Sustainable Tomorrow: Connect, Innovate, Prosper," includes bilateral talks between major APEC members, including South Korea, Japan,
International trade
The Asia-Pacific Economic Cooperation (APEC) trade ministers' meeting has begun on South Korea's southern resort island of Jeju to address the challenges the global trade is facing amid the rise of protectionist policies. The meeting, held under the theme "Building a Sustainable Tomorrow: Connect, Innovate, Prosper,
International trade
Tanzanian President Samia Suluhu Hassan's economic diplomacy policy is yielding significant results, with the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) leading the charge to expand trade and investment ties with foreign countries. Recent high-level delegations to Vietnam and the United Arab Emirates (UAE) have opened up
International trade
As Turkiye and Azerbaijan criticized India's recent military strikes on terror camps in Pakistan, the Indian Chamber of Commerce (ICC) has weighed in on the controversy, supporting calls for a boycott of Turkish goods and tourism. The ICC's chairman of the Tourism Committee, Subhash Goyal, emphasized
International trade
Hong Kong's Secretary for Commerce and Economic Development, Mr Algernon Yau, emphasized the importance of maintaining the multilateral trading system at the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) Meeting in Jeju, Korea. He noted that recent unilateral tariff measures pose a threat to the system,
International trade
Ambassador Li Song, speaking at the 41st session of the Programme and Budget Committee of the UNIDO, highlighted the need for the international community to support multilateralism and strengthen solidarity and cooperation to promote a strong voice for common development. The international community is facing challenges from unilateralism, protectionism, and
International trade
The Asean-GCC-China Summit, scheduled for May 26-27 2025, marks a significant convergence of three major economies, representing over 2.5 billion people and controlling vital maritime choke points. This summit holds promise in institutionalizing a new form of multilateralism, rooted in necessity, and addressing the urgent need for stable trade
International trade
The latest trade tariff announcements from the US administration have sparked significant uncertainty in global markets, creating a challenging environment for businesses in Northern Ireland and worldwide. A panel of experts gathered at Queen's University Belfast's Business School to explore the implications of these changes and
International trade
The United Kingdom Government has accepted the recommendation of the Trade Remedies Authority (TRA) to impose new anti-dumping and countervailing measures on imports of excavators from China. This decision follows a investigation by the TRA, which was initiated in response to an application from JCB, a Staffordshire-based multinational business. The
International trade
The Department of Trade and Industry (DTI) will reevaluate Thailand's request to review the Philippines's imposition of preliminary anti-dumping duties on gypsum board imports, following a meeting of the World Trade Organization's (WTO) Committee on Anti-Dumping. Thai officials questioned the Philippines's move,
International trade
Firms with strong connections within the US economy wield significant influence in shaping trade policy decisions, particularly in the context of anti-dumping petitions. This is the key finding of a recent preprint study that excavates the complex relationships between corporations and government. By analyzing over 600,000 customer-supplier relationships among
International trade
The Cambodian Ministry of Commerce (MoC) and the International Finance Corporation (IFC) reaffirmed their commitment to enhancing trade sector cooperation during a high-level meeting in Phnom Penh. The meeting, led by Oum Kosal, Undersecretary of State at the MoC, and Tofiqua Hoque, IFC Resident Representative in Cambodia, centered on development
