UAE Minister of State for Foreign Trade Thani Al Zeyoudi highlighted the country's continued leadership in global trade, driven by flexible policies, strong international partnerships, and robust service sector growth, as confirmed by the latest WTO report.
Malaysian Communication Minister Fahmi Fadzil stated that a total of 31 MoUs (memoranda of understanding) were signed during Xi Jinping's visit, which he termed "among the most significant achievements" in Malaysia's history.
The volume of world merchandise trade is expected to decline by 0.2 per cent in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a "low tariff" baseline scenario, according to the WTO Secretariat's latest Global Trade Outlook and St
Noting that not too much Chinese investment has come to India nor is the government encouraging any significant investment coming the northern neighbour, Commerce and Industry Minister Piyush Goyal on Friday said that the effort is to integrate "our economies with the developed world, who
China and EU vowed to jointly uphold the multilateral trading system with WTO at its core. Wang also via video call with Malaysia on enhancing China-Malaysia and China-ASEAN eco and trade cooperation and jointly responding to US tariffs.
In response to the US' decision to impose a 34 per cent tariff on imports from China, the country strongly criticised the move, calling it a violation of World Trade Organization (WTO) rules and a threat to the multilateral trading system.
Bilateral trade between India and the US is likely to be signed by the end of the year, said Arvind Virmani, Member Niti Aayog, while releasing the government think tank's 'Trade Watch July -September 12 FY25' report.
According to the Ministry of Commerce and Industry, the event, themed "Navigating the Future: Industrial Policy and Global Competitiveness," was hosted in collaboration with the Centre for International Trade and Business Laws, NALSAR University of Law, and the World Trade Institute, Univers
The bill urges the IMF to allow Taiwan to take part in its activities, offer employment opportunities for Taiwanese citizens, and extend its assistance to the island nation, Taipei Times reported.
Earlier today, the Customs Tariff Commission of the State Council said that starting from February 10 an additional 15-per cent tariff will be imposed on imported coal and liquefied natural gas originating from the United States
Chinese officials have failed to take the actions necessary to stem the flow of precursor chemicals to known criminal cartels and shut down money laundering by transnational criminal organizations, the White House statement read.
China has said that the US unilateral tariff hikes severely violate World Trade Organization (WTO) rules. The Chinese Ministry of Foreign Affairs noted that this move cannot solve the problems of the US at home and does not benefit either side.