China Import and Export Licensing Management in 2023: List of Goods Impacted
Since the start of 2023, new rules and regulations are set to impact the operations of foreign businesses in China. Among others, China has announced
Month: January 2023
Challenges to India’s G20 Presidency and Effectiveness of G20 Framework
India’s G20 (The Group of Twenty) Presidency inherits volatility of geopolitics coupled with a slowdown in global economic activity. The road ahead for India is
Maersk to integrate Hamburg Süd and Sealand
COPENHAGEN : Maersk has announced its intention to unify its brands by integrating Hamburg Süd and Sealand. The Danish shipping company believes that by integrating
Both Imports and Exports of Stainless Steel Decreased Significantly in Dec Due to Dismal Overseas Trades
According to SMM statistics, China imported 237,100 mt of stainless steel in December 2022, a month-on-month decrease of 18.8% and a year-on-year decline of 12.4%.
Dry Bulk Market Under Pressure in Early 2023
The dry bulk market has faced increasing headwinds in these early weeks of 2023. In its latest weekly report, shipbroker Intermodal said that “during the
85 percent of flour mills shut after India restricted wheat export
The eight-month-long ban on the export of wheat by the Indian government has forced 80-85 percent of flour mills in Nepal to shut down. Flour
Japan Bets Big on Bringing Semiconductor Manufacturing Home
TOKYO—To get back some of the high-tech mojo that made it an economic powerhouse, Japan is launching an ambitious program to bring back cutting-edge semiconductor
Demand for imported goods grows among cross-border shoppers
Chinese consumers have shown vibrant purchasing power for exquisite and premium consumer goods, with their spending on imported and foreign-branded products becoming a key driver
WCO Secretary General addresses EU Customs representatives
At the invitation of the Swedish Presidency of the Council of the European Union (EU), the Secretary General of the World Customs Organization (WCO), Dr.
Saudi EXIM signs deal with Italian Export Credit Agency to boost trade
The Saudi Export-Import Bank has signed a memorandum of understanding with the Italian Export Credit Agency, also known as SACE, to boost trade between the