In 2024, South Koreas agricultural and food exports reached 7.308 billion US dollars, an increase of 8.3% year - on - year. Among them, the exports of instant noodles, snacks and beverages performed outstandingly. Does this mean that the international competitiveness of South Koreas food industry is improving?
The First Guangdong - Hong Kong - Macao Greater Bay Area Development Business Conference will be held in Macao from September 14th to 15th, aiming to promote business exchanges and cooperation both inside and outside the region. At the same time, the global economic and trade friction data for the first half of 2023 shows that although the overall friction index is slightly lower than the same period last year, the friction is still concentrated in industries such as electronics, mechanical equipment, and light industry. This article will deeply explore these two important issues.
Many European countries have reported cases of Salmonella Senftenberg ST14 infection possibly related to cherry tomatoes. The cases are widely distributed, from Austria to the UK, and even involving the United States. This situation has raised concerns about food safety and public health.
On July 28, 2023, the U.S. mattress industry and several trade associations jointly filed anti-dumping and countervailing duty petitions against mattresses imported from 13 countries and regions (including Southeast Asian and Eastern European countries). Among these, the highest anti-dumping duty rate reached 1094%. This move has significant implications for global mattress manufacturers and exporters, forcing them to seek countermeasures such as third-country transshipment models.
From the export ban on rare metals, to the sugar supply, and then to the import restrictions on personal computers and military drones, a series of major policy adjustments by the Indian government recently are changing the domestic and international market landscape. This is not only Indias strategic move towards self - sufficiency but may also have a profound impact on the global supply chain. Exploring the strategic intentions and potential impacts behind this series of policies is like piecing together a huge political and economic map, and each piece of the puzzle may determine the future direction.
Since 2022, the UK has been hit by inflation and rising interest rates, leading to a significant increase in the corporate bankruptcy rate. This article explores the reasons behind this phenomenon and provides some suggestions for export enterprises cooperating with UK enterprises.
October 10, 2024 — The UK government officially launched the new Office of Trade Sanctions Implementation (OTSI) on October 10, local time, aiming to further strengthen sanctions against Russia and enhance corporate compliance with sanctions.
The World Trade Organization (WTO) released its latest Global Trade Outlook and Statistics Report, predicting that global merchandise trade will grow by 2.7% in 2024, slightly higher than previous estimates. Export growth in Asia will outpace other regions, reaching a 7.4% increase, while the growth prospects for services trade are even more optimistic.
Facing the global economic environment, Vietnam is striving to strengthen its trade remedy measures to protect domestic industries from external pressure. With the continuous opening of the Vietnamese market, these measures are crucial for ensuring the healthy and sustainable development of its domestic industries. At the same time, for countries and enterprises trading with Vietnam, understanding and adapting to these changes will be the key to future success.
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