Browsing: trade

Ministers from across the globe are convening at the World Trade Organization (WTO) Ministerial Conference in Abu Dhabi from Feb. 26-29 to try to set new rules for global commerce, including reforming its dispute system and cutting fishing subsidies. Expectations for the biennial meeting are modest amid growing disregard for trade rules as the nearly 30-year-old body grapples with global geopolitical tensions and the risk of world trade breaking up.

Russia will suspend gasoline exports for six months starting in March to ensure sufficient supply for the domestic market during high demand season, the RBK daily reported on Tuesday.  

The demonstrators converged on EU headquarters where the bloc’s agricultural ministers were meeting on Monday

This four-day event brings together ministers and senior officials worldwide to discuss international trade rules and regulations

Meanwhile, “movement towards technical compatibility among central bank digital currencies holds the potential to reduce dependency on international payment infrastructure, establishing a novel trade and financial infrastructure,” the bank’s experts noted

RIYADH: Arab-Turkish economic relations are continuing to progress at all levels, with the volume of intra-trade standing at $55 billion, as stated by the secretary-general of the Union of Arab Chambers.  

Nobel Laureate Paul Romer argued US policymakers need to take a more nuanced view toward trade in order to protect the jobs and living standards of those left behind by globalization.

The director-general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund to help female entrepreneurs in developing countries to export more using the opportunities offered by the digital economy.

SAO PAULO: Brazil sent its biggest ever delegation to the Middle East’s largest food and beverage trade fair this year.

TEHRAN (Tasnim) – The director general of Iran’s North Railway Administration-2 said the transit of goods between Iran and the Republic of Azerbaijan registered a 28% hike in the 11 months of the current Iranian calendar year (started March 21, 2023).