May 14, 2026
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India-UAE non-oil trade target of USD 100 billion by 2030 ambitious, but achievable: CII President

March 4, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
ABU DHABI : The target of USD 100 billion non-oil trade between India and the UAE by 2030 is ambitious but achievable as huge business opportunities are there in both the nations for sectors such as textiles, jewellery and

The Green Award welcomes 8 New Japanese ports, expanding its Asian footprint

March 4, 2024 Foreign Ports, Global Trade, Trending News
ROTTERDAM : The Green Award Foundation is pleased to announce that 8 ports additionally managed by the Osaka Ports and Harbors Bureau have joined as new Incentive Providers, offering discounted port fees to Green

DPIIT and World Bank jointly organise National Workshop on Logistics Efficiency Enhancement

March 2, 2024 Logistics, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry in collaboration with the  World Bank Group organised a National Workshop on Logistics Efficiency Enhancement, on February 27 2024, that brought together

India permits the export of onions to specific countries

March 2, 2024 EXPORT, Global Trade, Trending News
NEW DELHI : India has allowed exports of onions on government-to-government basis to some countries, on recommendation of the Ministry of External Affairs, said people aware of the matter. Another person said the government

India and South Africa object to WTO investment agreement in MC 13

March 2, 2024 Trade, Global Trade, Trending News
ABU DHABI : India and South Africa have lodged a formal objection against an investment agreement during a World Trade Organization (WTO) meeting, Ministerial Conference 13, here, hindering its adoption, according to a report. This move, observers say,

Red Sea crisis puts Transpacific contract negotiations in the balance

March 2, 2024 International Shipping, Global Trade, Trending News
OSLO : Container rate negotiations on the Transpacific are about to begin in earnest, but Xenata believes shippers and carriers both have strong hands and that will make discussions long and complex. As negotiations

India stresses need for policy space for digital industrialization at ongoing WTO Ministerial Conference-13

March 1, 2024 Trade, COMMERCE, Global Trade, Trending News
ABU DHABI : At the Working Session on Work Programme on E-Commerce at the World Trade Organization’s 13th Ministerial Conference on 29 February 2024, India presented its views on the importance of digital industrialization

South Korea hoping to conclude FTA talks with India before possible state visit in 2024

February 29, 2024 Export - Import, Global Trade, Trade, Trending News
NEW DELHI : India and South Korea are hopeful of concluding negotiations to ‘upgrade’ the Comprehensive Economic Partnership Agreement (CEPA) in 2024 before a possible state visit of the Korean President, Ambassador Chang Jae-bok

New container line starts operations in Saudi Arabia

February 29, 2024 Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, Maritime, Shipping, Trade, Trending News
RIYADH : A new shipping company has started operations in Saudi Arabia, called Folk Maritime, offering feeder vessel services and short-sea transportation solutions. Mr. Poul Hestbaek is the first Chief Executive Officer (CEO) of

Red Sea crisis hurt global trade volumes: WTO DG

February 29, 2024 International Shipping, Global Trade, Trending News
ABU DHABI : The crisis in the Red Sea, one of the world’s busiest trade corridors, hit global merchandise trade volumes in 2023, according to Ngozi Okonjo-Iweala, Director-General, World Trade Organization (WTO). These disruptions,
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