17 June 2021 – In the coming years, the new international and development policies of China, the United States and the European Union will significantly overlap, as China’s 14th Five-Plan Plan (2021-25) period coincides with the terms of the Joe Biden administration and the European Commission (2019-24). The year 2021 is special for China as…
Details15 June 2021 – The UK & Australia agree broad terms for a trade deal On Tuesday June 15th, the United Kingdom and Australia have agreed the broad terms for a trade deal between the two countries. The deal seeks to eliminate tariffs on goods but with a 15 year transitional period. The liberalisation of…
Details14 June 2021 – The EU, together with the UK, was India’s largest vacation spot (as a bloc) in FY20, with a 17% share within the nation’s general exports. Importantly, the UK accounted for 16% of India’s $53.7-billion exports to the EU in FY20. As India and the European Union (EU) put together to resume…
Details11 June 2021 – Suez Canal Container Terminal (file image courtesy APMT) Egypt is set to implement a new law designed to protect its territory from supply chain security threats. Following a decree issued by the Ministry of Finance in February, all importers in the country will be required to declare all cargo before leaving…
Details10 June 2021 – Australian Prime Minister Scott Morrison reiterates intentions to stand up for barley and wine producers But any road through the World Trade Organization (WTO) could be riddled with difficulties Australian Prime Minister Scott Morrison said his government will ask the World Trade Organization (WTO) to resolve its wine-tariff trade dispute with…
Details10 June 2021 – Indonesian coal exports rose in April from a year earlier led by strong Indian demand. Indonesian authorities are expecting the momentum in shipments to continue this year, helping the country to meet its output target. Indonesia shipped 33.15mn t of coal in April, up from 31.61mn t a year earlier, the…
Details09 June 2021 – As every economist knows, there are three types of lies: lies, damned lies and statistics. But that view is not confined to economists. It is now shared by many in the Scottish salmon sector, thanks to an extraordinary episode over export figures. The collation of our export figures is usually pretty…
Details08 June 2021 – A new customs clearance office has opened in Dover – bringing together leading Swiss and Italian firms, united by an opportunity they believe has been generated by Brexit. Franzosini and Butti (F&B) Ltd is a new company formed by Swiss firm Franzosini and Italian company Butti Dino. Both already deploy their customs specialists to…
Details08 June 2021 – Indian customs officials at the Delhi Airports seized an impressive haul of electronics goods and other miscellaneous items a few days ago. Among the items confiscated were 10 Sony PS5 consoles (review), 173 used laptops and 222 Apple iPhones. It also included lots of food supplements and cosmetics too, but we…
Details1 June 2021 – Canadian exporters must develop new strategies to deal with numerous external challenges As we all know, the pandemic has been a brutal shock. The forced closure of many parts of the economy in the first few months of 2020 plunged Canada and the world into a steep recession. What do we make of…
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