Stories tagged “Trade.”
30 stories
Ghana's cabinet has approved a formal application to join the BRICS geopolitical and economic bloc, with Foreign Minister Samuel Okudzeto Ablakwa stating the move aims to diversify economic and diplomatic partnerships.
QatarEnergy Secures $3 Billion Loan From Chinese Banks as LNG Exports Stall
QatarEnergy has secured a $3 billion loan from Chinese banks to support its operations, coming at a time when its liquefied natural gas (LNG) exports are reportedly stalling.
Khadijah Program Opens Pathways to Global Markets for Women
The Khadijah Women Entrepreneurship Program, organized by Pakistan Single Window, aims to empower women entrepreneurs for international trade through knowledge, financial access, and institutional support.
Jordan has launched three new industrial strategies targeting engineering, food, chemical industries, and cosmetics to enhance productivity, exports, and investment through 2029.
Ghana's cabinet has approved a formal application to join the BRICS bloc, aiming to diversify economic and diplomatic partnerships. The country has sought India's support for its bid.
Iran's Minister of Energy, Abbas Aliabadi, arrived in Kabul, Afghanistan, for official meetings with Afghan authorities and to visit the Abu Hanifa International Exhibition.
Yemeni pro-government forces claim to have secured the Bab al-Mandab Strait and captured the city of Mokha in a major offensive against Houthi rebels, though conflicting reports suggest they have only reached the city's outskirts.
Pakistan, Turkiye, and Saudi Arabia have agreed to expedite military force and defense capability deployment in Saudi Arabia under the Makkah Joint Defence Agreement. An emergency meeting in Riyadh focused on security threats and coordinated responses.
The 169th joint patrol and law enforcement operation on the Mekong River involving China, Laos, Myanmar, and Thailand has concluded. The operation focused on combating cross-border crime and ensuring waterway safety.
Tories warn Burnham’s EU ‘pandering’ will shred post-Brexit trade deals
Conservative former trade ministers are warning that Andy Burnham's pledge to review the UK's relationship with the EU, including potential customs union membership, threatens to invalidate existing post-Brexit trade deals.
India Looks to Boost Exploration as Hormuz Crisis Threatens Supply
India is intensifying its domestic oil and gas exploration efforts to reduce reliance on imports, a strategic move prompted by the ongoing crisis in the Strait of Hormuz that threatens global energy supply chains.
Rising global memory chip costs are increasing India’s tech import bill and consumer device prices, though their low weightage in the CPI basket limits the broader economic impact.
The UK is in discussions with US authorities and preparing for a potential ban on diesel exports by President Donald Trump, as UK diesel prices hit a new record high amid global supply pressures.
Iran says it expects US response Tuesday on plan to reopen Strait of Hormuz
Iran's Foreign Minister Abbas Araghchi stated that Tehran anticipates a US response on Tuesday regarding its proposal to reopen the Strait of Hormuz. This reopening is contingent on several conditions, including a regional ceasefire and the lifting of sanctions.
Iran is legalizing and expanding informal border trade methods, kolbari (porterage) and tah-lenji (trade by traditional boats), to circumvent international sanctions and secure essential imports, transforming these activities into official supply channels.
Iran denies plans to negotiate with US, Trump says indirect talks could resume soon. US plans to release new fuel economy standards, China releases reciprocal tariff cuts list.
Iran's National Petrochemical Company (NPC) has restored 60% of its damaged petrochemical production capacity, despite challenges from energy facility damage, gas imbalances, and sanctions.
Iran's Ports and Maritime Organization announced over 90% growth in essential goods unloading at northern ports. Implementing 24-hour operations and optimized warehousing significantly reduced vessel and cargo dwell times.
The second EU-GCC Summit in Riyadh on October 24 will mark a new economic phase, shifting focus from traditional trade to strategic investment in technology, AI, clean energy, and digital infrastructure.
The US and China have announced reciprocal tariff cuts on approximately $30bn worth of goods each, marking a step away from their intense trade war, though strategic products remain unaffected.
The U.S. and China plan to reduce tariffs on $30 billion worth of goods from each country, totaling $60 billion, following a summit between Presidents Trump and Xi. The cuts primarily target U.S. imports of Chinese consumer goods and Chinese imports of American agricultur…
Russia Begins Oil Exports From Its Giant Vostok Arctic Project
Russia has commenced oil exports from its massive Vostok Arctic project, a significant development for the country's energy strategy.
Niger and the Australian company Atomic Eagle have signed a new agreement to restart the Madaouela uranium project, increasing the state's stake to 40%. This move follows the revocation of Atomic Eagle's previous permit and aligns with the junta's push for greater control…
Nigeria Has the Scale of a Power. It Still Needs the Economy of One
Nigeria possesses the population, market, and entrepreneurial talent of a continental power, yet this scale has not translated into widespread prosperity for its citizens.
Chinese President Xi Jinping has commenced his first full day of a US visit, scheduled to include formal talks with US President Donald Trump and a state dinner, following an unprecedented reception upon arrival.
Israel plans to offer financial aid of up to 200,000 shekels ($54,000) to companies in illegal settlements affected by European trade bans. While some European nations like the Netherlands have enacted strict import prohibitions, others, including the UK, are delaying imp…
China's Commerce Ministry confirmed its first artificial intelligence talks with the U.S., alongside discussions on reducing tariffs and extending trade arrangements, ahead of a summit between Presidents Xi Jinping and Donald Trump.
Iran's President Masoud Pezeshkian and Bangladesh Prime Minister Tarique Rahman met on the sidelines of the UN General Assembly, calling for deeper bilateral relations and expanded economic cooperation.
Chinese President Xi Jinping arrived in the United States for a three-day state visit, advocating for enhanced cooperation and stating that China and the US should be partners, not adversaries.
India has reduced import duties on crude and refined edible oils, including palm, soy, and sunflower oils, to combat a 20% price surge over the past year and provide consumer relief ahead of the festive season.