Author: wp

  • Vietnam and Laos strive to achieve bilateral trade volume of US$2 billion

    International Business News – Since the establishment of diplomatic relations between Vietnam and Laos 60 years ago, the two countries have been walking side by side and have achieved vigorous development; bilateral trade relations have been actively developed, becoming increasingly in-depth and pragmatic. Laos is Vietnam’s seventh largest trading partner in ASEAN, and the scale […]

  • Intraregional trade in Africa revisited

    International Business News – On January 1, 2021, the African Continental Free Trade Area was officially launched. According to the plan, tariffs on 97% of goods between African countries will be phased out by 2034. It is widely expected that the free trade area will bring significant economic growth to the African continent. According to […]

  • Ethiopia says willing to use any mechanism to trade with Russia

    International Business News  –  Ethiopian Ambassador to Russia Alemayehu Tegenu said that Ethiopia is willing to use any mechanism to conduct trade with Russia, including the gradual use of bank cards in Russia’s MIR payment system. When asked about the prospect of Ethiopia’s use of bank cards in the MIR payment system, Tegenu said: “We […]

  • Coal exports from Kazakhstan up 2.1 times in January-July 2022

    International Business News  – In January-July this year, 66.4 million tons of rock coal, lignite and refined coal were produced in Kazakhstan, Khartoum news agency said. Of this amount, 92.6% or 61.5 million tons were rock coal, which is 5.8% higher than the same period in 2021. 92.6% of the industry’s production comes from stone […]

  • Vietnam runs $3.96 billion trade surplus in first 8 months of 2022

    International Business News – According to statistics from the General Administration of Vietnam Customs, in the first eight months of this year, Vietnam’s trade surplus reached US$3.96 billion (the trade deficit was US$3.52 billion in the same period last year). In August this year, Vietnam’s export volume reached 33.38 billion US dollars, an increase of […]

  • Kazakhstan imports 2,000 tons of horse meat annually

    International Business News  –  According to TradeReport.kz statistics, Kazakhstan enterprises produce 4000 tons of horse meat per year and households produce about 20,000 tons of horse meat. In addition, 2000-2500 tons of frozen horse meat are imported annually, mainly from Uruguay, Argentina, Russia and Mongolia. The share of imported horse meat in Kazakhstan’s market consumption […]

  • Malaysia announces conditional resumption of broiler exports from October

    International Business News – According to reports, the Malaysian cabinet agreed on August 29 that specific and specialized chicken farms to export broilers can resume exporting broilers starting in October once they have obtained approval from the Ministry of Agriculture and Food Industry. This is the first time Malaysia has approved the resumption of broiler […]

  • China remains the largest importer of Cambodian rice for 4 consecutive years

    International Business News – According to Song Sarun, president of the Cambodian Rice Federation, China has been the largest importer of Cambodian rice for four consecutive years since 2019 to 2022. It predicts that China will remain the most important export market for Cambodian rice in the next five years. According to Song Sarun, China’s […]

  • GCC and UK Launch FTA Talks

    International Business News – The first phase of the Gulf Cooperation Council (GCC)-UK FTA negotiations was officially launched on August 22 with the presence of GCC member states’ trade ministers, GCC Secretary General Dr. Nayef Al Hajraf and UK Trade Secretary Anne-Marie Trevelyan, according to the Bahrain Daily Forum. A joint declaration to launch FTA […]

  • Colombia is getting more patent friendly

    International Business News  –  Latin American countries are often not a priority when it comes to strategically deploying global litigation activities to enforce patent rights. In 2022, however, the development of Colombian law emphasizes that the country is a country with an administrative and judicial system that favors patent rights and provides effective protection for […]