In a statement, the executive body of the European Union said, the United Kingdom is liable to pay $56.2 billion (47.5 billion euros) to the bloc as part of its post-Brexit financial settlement. The amount, forming part of the EU’s… Read More ›
trade
Australia, Germany sign bilateral trade agreement on hydrogen trade
In a significant development, Australia and Germany signed a bilateral partnership on hydrogen production and trade with the aim to facilitate renewable energy-based hydrogen supply chain between the two countries. German economy Minister Peter Altmaier along with German Education and… Read More ›
Despite China’s anti-Australia rhetoric, Beijing continues to be Australia’s biggest trading partner
Despite China’s anti-Australia rhetoric, ongoing trade between the two countries is evidence of the ongoing relationship, pointed out Australian Prime Minister Scott Morrison. Beijing’s criticism of Australia is aimed at its domestic audience for political gains. While bilateral relationship between… Read More ›
UK firms seeing long-term disruption in supply chain from Brexit: Survey
According to the results of a survey that was published on Saturday, the vast majority of British companies have faced trade related disruptions with the European Union following Brexit, with many expecting the issues to persist in the foreseeable future…. Read More ›
Myanmar coup likely to dampen investment interest: trade experts
According to analysts and trade experts, the coup by Myanmar’s military is likely to dampen the interest of western companies in investing in the country and may even prompt big U.S. companies to relocate. In the first 11 months of… Read More ›
Britain signs FTA with Singapore
In a significant development, on Thursday, Britain has signed a free trade agreement with Singapore as it prepares its transition out of the European Union on December 31, 2020. The deal was signed by Britain’s secretary of state of international… Read More ›
China continues trade war against Australia, imposes punitive tariffs on Australian wine exports
Continuing its efforts in an attempt to bully Australia, on Friday, China’s Ministry of Commerce said, it will temporary impose anti-dumping measures on Australian wine from November 28, 2020. The move will further escalate trade and diplomatic tensions between Canberra… Read More ›
Britain must successfully trade deal with Canada by December 31, 2020: Liz Truss
On Thursday. British trade minister Liz Truss said, Britain is determined to enter into a trade agreement with Canada before the end of this year thus underscoring the notion that both countries could enter into subsequent agreements after securing this… Read More ›
Pfizer’s positive news on COVID-19 vaccine triggered $2 trillion trades on bourses
According to early data analysis of stock trading, news of a breakthrough in the race to find a vaccine for COVID-19 triggered one of the heaviest trading days since the height of the pandemic crisis with trade worth around $2… Read More ›
Very serious gaps continue to exist in Brexit negotiations: Michel Barnier
In a statement Michel Barnier, the European Union’s top Brexit negotiator said, “very serious divergences” continues to remain in trade talks with Britain suggesting that it would be better off for the bloc to accept disruptions in commerce in the… Read More ›
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