US Customs rejects food list: India and Mexico are most affected
26 October 2023
Recently, The Indian Express reported a concerning issue: the rejection of Indian food by the United States. In global trade, food safety is always a core issue. When food is rejected, it means that there may be serious quality and safety problems, which is a huge blow to any exporting country. According to the U.S. Food and Drug Administration (FDA)...
Sri Lanka and Bangladesh prepare to join RCEP
October 24, 2023
Four years after India withdrew from the Regional Comprehensive Economic Partnership Agreement (RCEP), its neighbors Sri Lanka and Bangladesh are now actively considering joining this large trade alliance to open up broader markets for their economies.RCEP is the largest trade agreement in Asia, which includes China, Japan, South Korea, ASEAN countries, Australia and New Zealand, and collectively accounts for the world’s largest trade agreement.
The Palestinian-Israeli conflict escalates, and operations of many ports are hampered
16 October 2023
Recently, the conflict between Palestine and Israel has escalated again, with both sides using a large number of heavy weapons in the confrontation. The range of this conflict has covered an area of 80 nautical miles along the coast, posing a serious threat to the safety of surrounding ports. When Hamas launched its attack last Saturday, the cargo ship Oceania Nautica was docked at the Port of Haifa. Fortunately, due to the port...
How India promotes the transformation of domestic manufacturing through IT hardware import policy
12 October 2023
India, as a growing economy and a huge market entity, has had a profound impact on the development trajectory of the global IT hardware industry. With the Indian government’s determination to drive the development of domestic manufacturing, its recent series of measures on IT hardware import policy has attracted widespread attention in the industry. These policies attempt to protect the domestic industry, reduce import dependence...
Regulations on the revision of Regulations on the Use of Food Additives in the European Union
10 October 2023
In the course of its ongoing regulation and evaluation of regulations on the use of food additives, the EU has always placed the safety of food for its citizens at the highest priority. After careful consideration and evaluation, based on food safety considerations, Regulation (EU) No. 2023/2379 is now officially issued on 3 October 2023, and Regulation (EC) No. 1333/2008 on the use of food additives will be issued on 3 October 2023.
Ups and downs: layoffs at the British port of Liverpool caused waves
9 October 2023
In the grand chessboard of the global economy, every change in the container shipping market symbolizes countless business opportunities and challenges. Recently, the Port of Liverpool, which has always been regarded as a major port in western England, decided to lay off employees due to the continued deterioration of the global container shipping market. This unusual move has undoubtedly caused ripples around the world. I. Port of Liverpool...
EU revises technical specifications for wired charging interface communication protocol
September 28, 2023
With the continuous development of technology, the interoperability between wireless devices and charging equipment is increasingly becoming a focus of consumer attention. To ensure a minimum common standard for this interoperability, the European Union recently revised the technical specifications for wired charging interface communication protocols, aiming to improve consumer convenience, reduce environmental waste, and avoid market fragmentation. I. EU Tech...
Uruguay and China resume negotiations on beef and mutton export agreement
26 September 2023
Uruguay and China have resumed negotiations on an agreement on beef exports for the first time since 2018. According to the Uruguayan National Gazette website on September 22, this is the first time the two countries have renegotiated an agreement on beef exports since 2018. Uruguay’s Minister of Livestock, Agriculture and Fisheries, Fernando Matos, said the negotiating conditions were very mature, and Uruguay’s...
The EU electric vehicle market grew by 20% in August%
21 September 2023
The Association of Manufacturers (ACEA) has released a remarkable set of data showing a significant increase in electric vehicle sales in the EU in August, reaching a market share of 21%. This figure has a milestone significance in the automotive industry, especially in a month generally thought to be relatively low sales.
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