Economic indicators and trade statistics, market dominance, and other trade-related issues are all discussed.

The US-French commercial and economic partnership is one of the country's oldest and closest. The United States and France established diplomatic relations in 1778. That same year, the Treaty of Amity and Commerce between the United States and France was signed. The US-France relationship has...

In a historic free trade agreement, the European Union and Japan have reached a new level of cooperation.

Japan's Prime Minister Shinzo Abe and European Union (EU) Presidents Jean-Claude Juncker and Donald Tusk signed the Japan-EU Economic Partnership Agreement (EPA) yesterday, paving the way for the establishment of a free trade zone embracing more than 600 million people. The treaty, which goes...

Indonesia Joins UAE's CEPA

The United Arab Emirates and Indonesia have agreed on a wide-ranging economic partnership that will result in an expansion of commercial activity between the two countries. The United Arab Emirates and Indonesia have reached an agreement to reduce their respective tariffs as a part of this deal.<...

Dubai Customs examines the benefits of the UAE-India free trade agreement

The partnership deal is intended to boost bilateral commerce by 120 per cent to $100 billion in five years, from the present $45 billion.

According to Ahmed Mahboob Musabih, Director-General of Dubai Customs, the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and In...

Under the India-UAE trade agreement, electronics, chemicals, and machinery would be duty-free

The India-UAE Comprehensive Economic Partnership Agreement (CEPA), signed on Friday in New Delhi and Abu Dhabi, would benefit Indian exports worth $26 billion by eliminating the UAE's 5% import levy on certain commodities.

The CEPA is India's first comprehensive trade agreement ...

Countries like Thailand, Laos and Cambodia to Stand the Best Chance at Most Benefit from RCEP

A research paper published by the World Bank states that Cambodia holds the third place among the countries that have the best chance to benefit, in terms of real income, from the Regional Comprehensive Economic Partnership (RCEP) between 15 countries that are located in the East Asia Pacific reg...

World’s largest trade deal to make a difference in Singapore

Highlights:

• A mega trade agreement signed by 15 countries

The Regional Comprehensive Economic Partnership ( RCEP) , is a mega trade agreement which is signed by 15 countries and came into effect on Jan. 1

The RCEP is a high-quality and mutually b...

India and UAE Conclude Trade Pack

On Friday, the Minister of Commerce and Industry of India, Piyush Goyal met with the representatives from the industry of aluminum, chemicals, copper, and petrochemicals in New Delhi to negotiate a free trade pact between India and the UAE for a third round.

According to a statement rel...

JAPAN APPROVES RATIFICATION OF THE WORLD’S LARGEST FREE TRADE BILL

Highlights –

• Japan approves ratification of the world’s largest free trade bill.
• The trade deal was signed last year by 15 Asia-Pacific countries including China.
• The trade deal is said to eliminate tariffs on 91 percent of good...

JAPAN TO PUSH FOR A WIDER FREE TRADE PACT AMONG 21 APEC MEMBERS

Highlights –

• Japan to push for a wider free trade pact among 21 APEC members.
• Japan and 14 other Asian neighbors on Sunday signed the APEC free trade agreement.
• On late Friday Malaysia hosted a virtual meeting of APEC leaders.
...

JAPAN SIGNED RCEP TRADE DEAL ALONG WITH 14 AISA-PACIFIC PARTNERS

Highlights –

• Japan signed RCEP trade deal along with 14 Asia-Pacific partners.
• Several Japanese business leaders welcomed the signing of the world’s largest trade deal.
• RCEP covers 46% of Japan’s total trade.
• Ja...

Indian economy faces challenges post RCEP issue

Last week, Narendra Modi cut off India's participation in what was believed to be the world's largest trade deal, the Regional Comprehensive Economic Partnership or RCEP. At a Bangkok summit where 16 nations were to approve the deal, Modi withdrew with typical theatricality, declaring, &q...

RCEP deals in hiccups over Chemical industries "Rule of Origin"

The prime minister of India is on a visit to the country along with many other heads of states and delegates for the Regional Comprehensive Economic Partnership (RCEP) where the trade deal which has been in the pipeline for some time now has been put up for consideration of acceptance for the mem...

Asian summit could prove bad for China

The world is always having some summit at someplace that is changing the way the world works and hoe the politics and trades are affected due to that. The nations at the summits hope to work out the best possible deals for the nations involved, and this mostly comes out positive. There is a backs...