Russia extends ban on exports of key goods and equipment until end of 2025
5 January 2024
Recently, the Russian government announced the extension of the temporary export ban on a series of goods and equipment until the end of 2025. The scope of the extended ban is extensive, covering products and equipment in a variety of key fields, demonstrating Russias determination to safeguard its economic and technological security. The products and equipment included in the ban include technical and medical equipment, agricultural machinery, electrical...
Adjustment of international trade policy in regions such as Japan, India and the EU
2 January 2024
Recently, many countries and regions around the world have made important adjustments to their trade and export policies, including Japan relaxing the arms export ban and introducing carbon labels for fresh fruits and vegetables, India allowing the export of non - basmati rice to specific countries, and the EU extending the import grace period for some Russian steel products. The Japanese government has decided to significantly relax its arms export ban...
Iraq implements a new tariff policy for imported goods: taxing gold and other commodities
29 December 2023
Iraqs Border Ports Authority recently announced, based on Cabinet Resolution No. 23672 of 2023, that starting December 1, 2023, tariffs will be imposed on imported goods including gold to support commercial development and regulate import processes. This policy change may significantly impact enterprises engaged in exports to Iraq.
Eurasian Economic Union strengthens regional economic cooperation: important free trade agreement signed
27 December 2023
Beautiful but Difficult: The Challenges of Fireworks Export
South Koreas new energy vehicle exports hit a record
26 December 2023
South Korea’s automotive industry has achieved remarkable achievements in the field of new energy vehicles, with exports expected to exceed 700,000 vehicles for the first time this year, setting a record-high record. This achievement is prominent in the context of the decline in global demand for electric vehicles, showing South Korea’s competitiveness and market potential in the field of new energy vehicles.
The U.S. retail industry faces challenges: declining sales and increased risk of bankruptcy
25 December 2023
According to the resolution, fixed tariffs for 20-foot containers...
EU deforestation laws affect trade in developing countries, and importers face compliance challenges
22 December 2023
The Admission Ticket: Enterprise Qualification Preparation...
US intervenes in Portugals decision to purchase Chinese scanning equipment, raising concerns about sovereignty and economic interests
21 December 2023
The recent U.S. influence on Portugal’s internal decision-making, especially in terms of the Portuguese government’s consideration of purchasing scanning equipment from Chinese companies for the port of Lisbon, has caused widespread concern in Portugal. According to the report of Portugal’s largest portal SAPO, this intervention has aroused questions among the Portuguese people, whose sovereignty over their country has been pushed by external forces.
Indias GDP growth has exceeded expectations, and economic challenges remain severe
18 December 2023
India’s GDP growth rate for the third quarter of 2023, which was recently released, was 7.6 percent higher than expected, making India one of the fastest-growing countries among the world’s major economies. The Bank of India has further raised its GDP growth forecast for the fiscal year 2023/2024 from 6.5 percent to 7 percent whileining an unchanged interest rate of 6.5 percent.
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