Category: Country

International Trade Partnership

Welcome to the International Trade Partnership, a global platform dedicated to fostering trade relationships and economic partnerships between countries worldwide. Our mission is to promote international trade, facilitate business collaborations, and drive economic growth and development across borders.

Our Focus
We specialize in connecting businesses and governments across the following areas:

  • Export-Import Dynamics
  • Strategic Sales and Marketing
  • Market Expansions
  • Clientele Cultivation and Relationship Building
  • Consultancy Excellence
  • Freight Forwarding and Customs Clearance
  • EXIM IT-Web Technology Integration
  • Marketing Initiatives and Advertising Campaigns
  • Services Offered
  • Trade Consultancy: Our expert team provides tailored consultancy services to businesses looking to expand their international trade operations.

Market Research: We offer comprehensive market research reports to help businesses understand new markets and make informed decisions.

Trade Missions: Join our trade missions to explore new markets, meet potential partners, and expand your business globally.

Trade Facilitation: We assist with trade documentation, customs clearance, and other logistical support to streamline your international trade transactions.

Partner Countries
We work with many countries around the world, in international trade partnership development.

Join Us Today!
Join us in our mission to promote international trade and economic development worldwide. Contact us to learn how we can help your business thrive globally.

Feb 02

Budget 2023: Commerce Ministry urges reduction in gold import duties to boost jewellery exports

To address the current account deficit (CAD) and surging imports of the yellow metal, the Centre increased the import levy on gold from 10.75 per cent to 15 per cent in July of this year. 12.5 per cent is the standard customs charge on gold. The Commerce Ministry has requested that the import duty on gold be reduced in the upcoming Budget in order to boost exports and manufacturing in the gems and jewellery sector, PTI quoted sources as saying. Read Full Details…

Feb 01

HIGH DEMAND FOR MEDICINAL PLANTS IN INDIA

India has 15 agroclimatic zones that comprise ~18,000 types of plants, of which 6,000-7,000 have therapeutic properties. These medicinal plants are used in numerous applications in the Indian society and used to make medicines in traditional medical practices such as Ayurveda, Unani, Siddha, Sowa-Rigpa and homeopathy; also used in plant-based pharmaceutical companies. ~960 types of medicinal plants are traded, of which 178 species have yearly consumption levels of >100 metric tonnes. ~80% medicinal plants are extracted from the wild, while Read Full Details…

Feb 01

Government must look at reducing import duty on gold in Budget 2023 to boost performance

For December 2022, the total gross export of Gold Jewellery (Plain & Studded) a decline of 4.55% to Rs 4,635.64 crores (declined 12.62% in dollar terms to $562.48 million) as compared to Rs 4,856.47 crores ($643.74 million) for the same period last year. For the month of December 2022, the total gross export of all kinds of Studded Gold jewellery declined 21.95% to Rs 2,265.90 crores (declined 28.51% in dollar terms to $275.03 million) as compared to Rs 2,903.01crores ($384.69 Read Full Details…

Feb 01

Rising Alabama exports put 2022 on course for record year

While full-year results are not yet available for 2022, trade data show that Alabama exports approached $23.4 billion in value through November — a figure that already eclipses the annual record of $21.7 billion, set in 2017. That’s good news for Alabama businesses that export their products to an international customer base because it suggests the strong recovery made during 2021 is accelerating. “Alabama is full of next-level innovation taking place in key industries, and we’re ready to bring what’s Read Full Details…

Feb 01

Brazil, U.S., Ukraine, Australia Grain Exports, and China Growth, in Focus

“China recently was buying record amounts of Brazilian corn but with supplies in South America now running thin demand will shift to the US through July when Brazil should start exporting a record safrinha crop. Safrinha is a second-crop corn planted after the soybean harvest. “‘Of course we lost some bean business but the corn business basically is going to be with us until the crop in Brazil,’ said ADM Chief Executive Officer Juan Luciano. ‘And the US will be Read Full Details…

Feb 01

China hikes Aluminium tariffs but export boom already over

China raised export tariffs on unwrought primary aluminium and alloy at the start of this year after a rare burst of export activity in the first part of 2022. The country, which was a huge importer of unwrought aluminium in both 2020 and 2021, briefly emerged as supplier of last resort, particularly to Europe, where multiple smelters curtailed operations due to high power prices. The tariff increases fit with China’s long-standing policy of encouraging exports of value-add aluminium products rather Read Full Details…

Feb 01

40% of the goods that Spain imports and exports by sea enter or leave from Valenciaport

Valenciaport, as a thermometer of economic activity and world trade, reflects in its 2022 data the international crisis that is affecting the business situation and the global exchange of goods, which is facing a complex situation marked by the war in Ukraine, increased neo-protectionism, high inflation and the rise in fuel and raw material prices. Despite the fall in total traffic (-6.92%) and container traffic (-9.85%) during the previous year, Valenciaport maintains its share of 40% of import/export traffic in Read Full Details…

Jan 31

India’s imports from China reach record high in 2022, trade deficit surges beyond $100 billion

India’s bilateral trade with China reached a record $135.98 billion in 2022, Chinese Customs data showed on January 13, 2023, driven by surging Indian imports of Chinese goods that were up by more than 21% last year. India’s exports to China, however, fell in 2022, driving an already significant trade deficit beyond the $100 billion-mark for the first time. Source : thehindu.com/ For more Details

Jan 31

Myanmar’s foreign trade up 18.47 per cent in nearly 10 months

YANGON, Jan 29 (Xinhua): Myanmar’s total goods imports and exports surged 18.47 per cent year on year to over US$27.19 billion in nearly 10 months of the 2022-23 fiscal year beginning in April last year, official data has showed. From April 1 last year to Jan. 20 this year, exports rose 14.25 per cent to over US$13.36 billion from a year earlier, while imports climbed 22.85 percent to over US$13.82 billion, data from the country’s Ministry of Commerce showed. During Read Full Details…

Jan 31

In U.S. actions, the worry of global trade lawlessness

In a significant development in international trade law, four separate World Trade Organization (WTO) Panel reports have ruled that the tariffs of 25% and 10% on steel and aluminium, respectively, that the United States (U.S.) had imposed during the presidency of Donald Trump are inconsistent with WTO law. The cases were brought by China, Norway, Switzerland, and Turkey. The WTO panellists held that these tariff rates breached the U.S.’s obligations under Article II.1 of the General Agreement on Tariffs and Read Full Details…