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27 Sep

Slovak Parliament Approves NATO Membership for Finland, Sweden

Slovakia’s parliament on Tuesday ratified the entry of Finland and Sweden to NATO, becoming one of the last countries to back the military alliance’s expansion.   Finland and Sweden sought to join NATO this year in response to Russia’s invasion of Ukraine.   NATO’s 30 members have been ratifying their entry since accession protocols were […]

23 Sep

India-UK free trade pact to boost joint ventures, investments -UKIBC head

The proposed comprehensive free trade pact between India and the United Kingdom, likely to be signed by next month’s end, could accelerate joint ventures and boost bilateral investments, the head of the body promoting bilateral trade said on Thursday.   Richard Heald, executive chair of the UK India Business Council (UKIBC) said negotiation teams were working overnight to meet the […]

20 Sep

S.Korea 20-Day Exports Fall on Holiday Effects, Slow Global Economy

South Korea’s exports fell 8.7% in the first 20 days of September from the same period a year earlier due to holiday effects and amid signs of slowing growth in major trading partners, customs agency data showed on Wednesday. The country’s imports for the same 20-day period rose 6.1%, producing a trade deficit of $4.1 […]

16 Sep

U.S., Paraguay Discuss Ways to Deepen Trade Ties

 Officials from the United States and Paraguay met this week in Washington to discuss ways to deepen trade ties between the two countries under a Trade and Investment Framework Agreement that entered into force in 2021, the U.S. said on Friday.   The U.S. Trade Representative’s office said the first meeting of a trade and […]

09 Sep

U.S., Indo-Pacific Countries Agree on Roadmap to Strengthen Trade Ties

The United States and 13 Indo-Pacific countries on Friday agreed on parameters for negotiating closer trade, environment and economic ties that U.S. Commerce Secretary Gina Raimondo said would boost investment and jobs in the partner countries.   U.S. Trade Representative Katherine Tai said that India, the world’s largest democracy, did not initially join the U.S.-led […]

05 Sep

EU Races to Shield Industry as Russia Gas Stoppage Shakes Markets

European gas prices surged, stocks slid and the euro sank on Monday after Russia halted gas flows via a major pipeline, sending another shock wave through economies in the region still struggling to recover from the pandemic.   European Union governments are pushing through multi-billion euro packages to prevent utilities buckling under a liquidity squeeze […]

31 Aug

Japan Aug Factory Activity Growth Drops to Near One-Year Low – PMI

Japan’s manufacturing activity grew at its weakest rate in nearly a year in August, as businesses took a hit from worsening conditions in the global economy and declining demand from China and South Korea.   The weaker expansion sends a warning sign about the outlook for global growth to policymakers hoping that the world’s third-largest […]

26 Aug

Turkey Dismisses ‘Meaningless’ Concerns Over U.S. Sanctions Warning

 Turkey’s Finance Minister on Friday dismissed as “meaningless” concerns among Turkish businesses over a U.S. Treasury warning that they risked being penalised if they maintained commercial ties with Russians under sanctions.   NATO-member Turkey has sought to strike a balance between Moscow and Kyiv by criticising Russia’s invasion and sending arms to Ukraine, while opposing […]

24 Aug

Germany Exports Power to France, Urges Savings at Home

 Germany will keep exporting electricity to neighboring France despite calling on people to help fend off winter shortages by saving energy at home, officials said Wednesday.   Problems at French nuclear plants have driven up electricity prices there in recent months, prompting power companies in neighboring countries to sell excess energy to France.   “Only […]

22 Aug

Oportunidades para México si avanza TLC EU-Taiwán

Más allá de representar una competencia para la industria mexicana, un eventual Tratado de Libre Comercio entre Estados Unidos y Taiwán podría favorecer a México a través del nearshoring, con el traslado de empresas taiwanesas a territorio mexicano, consideró José Abugaber, presidente de la Confederación de Cámaras Industriales de la República Mexicana (Concamin).   Explicó […]