The EU-Kenya Economic Partnership Agreement (EPA) has entered into force, representing a key milestone in the EU-Kenya Strategic Partnership. The agreement will boost bilateral trade in goods, increase investment flows, strengthen the ties between reliable partners, and facilitate mutually advant...

The UK’s ratification of CPTPP sets the stage for 99% of trade with the growing “Pacific Rim” bloc becoming tariff free later this year. Trade Policy Minister Greg Hands announced the conclusion of the UK’s ratification step last week, while meeting with representatives of the other CPTPP nations...

China’s Ministry of Commerce has announced an anti-dumping investigation into imports of a plastic that is used in electronics and cars – polyoxymethylene copolymer. The investigation covers imports from the US, the EU, Taiwan and Japan. This is seen by many as an escalation, following the high-p...

Trade in services just got a boost with the entry into force of new World Trade Organization (WTO) rules facilitating and simplifying trade in services. The new rules apply to a large and diverse group of WTO Members, including developed, developing and least developed countries – represent...

US and European importers have been significantly affected by the double shock of the Red Sea and Panama Canal trade crises, UN research shows, as firms continue to battle import delays, elevated shipping costs and working capital constraints. Escalating attacks by Houthi rebels on commercial shi...

As of January 1, 2024, a series of new laws and regulations affecting business practices in China will come into effect. It is of utmost importance for foreign investors and enterprises engaged in various sectors, including but not limited to food and beverage, import and export, and financial ac...

On 18 December, the EU and Kenya signed an Economic Partnership Agreement (EPA) which will boost trade in goods and create new economic opportunities, with targeted cooperation to enhance Kenya’s economic development. The signing of this Agreement is a testimony of our shared ambition to fu...

The sixth annual China International Import Expo (CIIE) is underway in Shanghai. The country’s largest annual trade fair, the CIIE attracts hundreds of the world’s leading companies to showcase their newest products and innovations to potential buyers. It is also an important stage for Chinese of...

ASEAN’s rapid economic growth presents an array of prospects for American businesses. With a consumer market estimated to surpass US$4 trillion and a significant rise in the middle-class segment, the region offers an attractive destination for market diversification and expansion. By leveraging t...

Despite China’s economic slowdown in the past pandemic era, there are positive developments. In August, the National Bureau of Statistics (NBS) released service retail data separately for the first time. In the first seven months, retail service sales in China grew by 20.3 percent year-on-year (y...

The EU-Kenya Economic Partnership Agreement (EPA) has today taken a step towards approval, with the Commission sending to the Council proposals for its signature and conclusion. The EU-Kenya EPA will boost trade in goods and create new economic opportunities, with targeted cooperation to enhance ...

Saudi Arabia’s Membership Process in BRICS “BRICS Plus” was created in 2017 and provided an opportunity for the multi-dimensional presence of Saudi Arabia in BRICS mechanisms. After the beginning of some changes in foreign policy, Riyadh participated in meetings and summits of the bloc. Over the ...

India’s Prime Minister Narendra Modi recently attended the annual ASEAN-India summit and the 18th East Asia summit held in Jakarta, Indonesia. During the visit, Modi unveiled an extensive 12-point proposal designed to enhance collaboration between India and ASEAN member countries. As India contin...

Now that the BRICS (Brazil, Russia, India, China, and South Africa) will accept new members, one wonders if the grouping can pose a genuine challenge to the prevailing global-governance institutions. As in the past, the group’s influence will depend on its effectiveness, not on its composit...

President Joe Biden issued a ban in August on new US investments in China targeting three high-tech sectors—AI, advanced semiconductors, and quantum information technologies. This includes any new indirect investments, private equity, venture capital, joint ventures, and greenfield investments. T...

The European Commission has doubled its anti-dumping duties on optical fibre cables from China, following an investigation which found that Chinese exporters of optical fibre cables were attempting to impede the effects of the original measures. Chinese exporters had deliberately decreased their ...

Exports drop 14.5% y/y in July, worst decline since Feb. 2020 Imports fall 12.4%, much deeper than economists expected China’s exports fell for a third straight month in July amid a slump in global demand, while imports plunged as domestic pressures also undermine the economy’s recove...

India and Japan enjoy a strong economic partnership, marked by extensive trade, investment, and industrial collaboration. The 2011 CEPA trade agreement has played a pivotal role in boosting their bilateral trade, which reached US$21.96 billion in FY 2022-23. Japan remains a significant investor i...

By connecting startups and innovators from around the world to local businesses, Japan’s second city Osaka aims to open a new gateway for business and trade this autumn, that will be of great benefit to UK firms. Global Innovation Forum (GIF) 2023 is a multi-week event: the online exhibition open...

The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China’s influence India and the United States announced deals on defence and key commercial sectors on Thursday as US President Joe Bide...