Source link The Jewish state has threatened retaliation against Ankara’s restrictions over the Gaza war The Turkish government has imposed export restrictions on Israel covering 54 product categories, in response to the Gaza war, the Trade Ministry announced on Tuesday. Ankara has been one of the fiercest critics of Israel since the conflict with Hamas […]
Source link Beijing’s “non-market” policies should be rebuffed through appropriate “countermeasures,” Katherine Tai has said Market-based US and European economies are struggling to survive against China’s “very effective” alternative economic model, a top US trade representative has warned, according to Euractiv. Katherine Tai told a briefing in Brussels on Thursday that Beijing’s “non-market” policies will […]
Source link Moscow and Windhoek also agreed a number of new investment projects, the Russian foreign minister said Russia and Namibia are seeking to increase bilateral trade and investment in various economic sectors, Russian Foreign Minister Sergey Lavrov said on Tuesday after a meeting with his Namibian counterpart, Peya Mushelenga. During a press conference in […]
Source link Foreign minister has signaled Islamabad could be willing to revitalize business ties with New Delhi, in deep-freeze since 2019 Pakistan will “seriously examine” restarting trade ties with India, acting on sentiments expressed by its business community, according to the newly appointed Foreign Minister Muhammad Ishaq Dar. Diplomatic ties between the two nuclear-armed neighbors […]
Source link The European Parliament has extended the suspension of all tariffs and quotas on Ukrainian agricultural food imports to the EU until June 2025, it announced on Wednesday. The decision is in line with a European Commission proposal in January to remove tariffs on Ukrainian farm produce until June 2025 with an “emergency brake” […]
Source link The trade volume was diverted from Suez to route around South African Cape of Good Hope, the International Monetary Fund reports The Suez and Panama Canals have seen drops in trade of 50% and 32% respectively during January and February, compared with the same months in 2023, the International Monetary Fund (IMF) is […]
Source link The Red Sea crisis has shifted attention to the Eastern Maritime Corridor (EMC) – the proposed trade route for coking coal, crude oil, LNG, fertilizers and containers The trajectory of India’s oil demand growth reflects the shifting contours of the global energy landscape. The Organization of Petroleum Exporting Countries (OPEC) estimates India’s oil […]
Source link Negotiations have been deadlocked since 2001 as London seeks “more favorable” conditions from New Delhi Indian Prime Minister Narendra Modi and his UK counterpart Rishi Sunak discussed plans on Tuesday for a Free Trade Agreement (FTA) between the two countries. Reports have suggested talks on the long-awaited pact are deadlocked as the two […]
Source link New Delhi will reduce import tariffs on goods from Iceland, Liechtenstein, Norway, and Switzerland as part of the agreement New Delhi has signed a deal with a bloc of four European nations that includes an investment of $100 billion over 15 years and the creation of 1 million jobs in India. According to […]
Source link Trade rules with Kiev should return to how they were before the conflict with Moscow, the Polish prime minister has said Warsaw wants the EU to scrap the preferential trade rules granted to Kiev after the start of the conflict with Russia, Polish Prime Minister Donald Tusk told reporters on Thursday, amid pressure […]
Source link American officials have reportedly visited Türkiye to persuade banks and companies to cut ties with the sanctioned country Turkish businesses are at risk of being banned from carrying out currency operations if they continue to trade with Russia, RIA Novosti reported on Wednesday, citing the news outlet Aydinlik. At the behest of the […]
Source link Each country has prioritized the free-trade-agreement talks ahead of impending polls, but the deal has run into stumbling blocks New Delhi should reduce tariffs on goods and open up its markets for a more favorable Free Trade Agreement (FTA) with London, the Hindu BusinessLine newspaper reported on Monday, quoting unnamed UK government officials. […]
Source link 95% of the country’s transactions with India and China were conducted in local currencies last year National currencies were used in 95% of Russia’s trade with China and India last year, the secretary general of the International Chamber of Commerce (ICC), Tatiana Monaghan, revealed on Monday. According to the ICC, the share of […]
Source link Berlin has been exporting less to the Asian country in recent years, statistics have shown The US is on track to surpass China as Germany’s leading trade partner as soon as next year, Reuters reported this week, citing the German Chamber of Industry and Commerce (DIHK). China has held the top spot for […]
Source link Turnover with the EU, meanwhile, more than halved in 2023, according to Maksim Reshetnikov Russia’s mutual trade with countries that have not sanctioned Moscow over the Ukraine conflict has surged over the past year, according to Minister of Economic Development Maksim Reshetnikov. The minister, who on Thursday was addressing a forum held by […]