Year: 2023

Sea food and marine products
Nov 26

The Global Appetite: Exploring the High Demand for Marine and Seafood Products

In recent years, marine and seafood products have experienced a surge in demand on the global market. This phenomenon can be attributed to a variety of factors, ranging from the culinary preferences of consumers to the nutritional benefits associated with seafood. In this blog post, we’ll delve into the reasons behind the increasing demand for marine and seafood products and the impact of this trend on the global market. Culinary Diversity and Gastronomic Pleasure:One of the primary drivers behind the Read Full Details…

Sustainable Consumption and production goods
Nov 26

Fostering Sustainable Consumption: Balancing Production and Environmental Stewardship

In a world where consumer choices significantly impact the environment, the promotion of sustainable consumption goods is crucial for addressing global environmental challenges. However, achieving sustainability is a delicate balancing act that involves not only encouraging responsible consumer behavior but also maintaining the production of goods in an eco-friendly manner. In this article, we explore effective strategies to promote sustainable consumption while ensuring the continued viability of production processes. Raise Consumer Awareness:A fundamental step in promoting sustainable consumption is to Read Full Details…

Sustainability in Foreign Trade
Nov 26

The Imperative of Sustainability in Foreign Trade: A Path Towards Global Prosperity

In an interconnected world where borders blur and economies transcend geographical boundaries, foreign trade plays a pivotal role in shaping the global landscape. As the international community grapples with pressing challenges such as climate change, resource depletion, and social inequality, the imperative of sustainability in foreign trade has gained unprecedented significance. In this article, we delve into the reasons why sustainability is crucial for maintaining a balance in foreign trade and fostering a more equitable and prosperous global future. Environmental Read Full Details…

Nov 26

WTO members facilitate imports, reduce trade restrictions, but food export curbs persist

The Director-General’s mid-year report on trade-related developments shows that WTO members continued to facilitate imports and generally exercise restraint in the use of trade-restrictive measures from mid-October 2022 to mid-May 2023. However, while the number of export restrictions on food, feed and fertilizers has come down substantially, many such measures remained in place, contributing to supply uncertainty and price volatility. Director-General Ngozi Okonjo-Iweala urged members to work together to deliver results at the 13th Ministerial Conference (MC13) that strengthen the Read Full Details…

Nov 26

Emerging areas to help meet $1 trillion goods export target for 2030: DGFT

New and emerging areas like electronics, renewable energy, IT hardware, and electric vehicles will be the key for India to get to the target of $1 trillion in merchandise exports by 2030, Director General of Foreign Trade Santosh Kumar Sarangi said Wednesday. “Our electronics exports are going up. Few years back our electronic exports were ranked 11-12 in total hierarchy of exports. It has suddenly jumped to become the fifth highest exported commodity largely on account of Samsung and Apple Read Full Details…