The British Foreign Secretary announced new sanctions against Russia, targeting arms manufacturers, oil traders, and diamond companies, aiming to weaken Putins arsenal and war funds.
US President Joe Biden announced new sweeping sanctions against Russia, triggering price surges in aluminum and nickel markets as global attention turns to sanction details and their impact on international metal supply chains.
The US NSTC updates the 2024 version of the list of critical and emerging technologies, strengthening areas such as artificial intelligence and cybersecurity, aiming to enhance technological competitiveness and national security, reflecting the new trends of scientific and technological development.
The South Korean government plans to achieve a $701 billion export target in 2024, representing a 10.8% growth. It aims to consolidate markets in the US, China, and ASEAN while diversifying exports to Europe and the Middle East. The plan addresses geopolitical challenges and supports SME exports.
In 2023, Indias LNG imports increased to 22.2 million tons, an 8% increase. Qatar, the United States, and the United Arab Emirates became the main suppliers, and Russian supply was scarce.
The bilateral trade relations between Ireland and China have witnessed significant growth, and the two sides have demonstrated great cooperation potential in multiple fields. Especially in the agricultural and livestock food sector, Irelands exports to China have been continuously increasing, indicating the huge demand of the Chinese market for Irish products. With the deepening of trade exchanges between the two countries, the scope of cooperation is constantly expanding, heralding broad prospects for cooperation.
In 2023, the export trade in Latin America and the Caribbean region increased, and China became its largest trading partner. The bilateral trade volume increased by 6.8% year - on - year, and investment cooperation continued to deepen. The Latin American region has made new progress in trade facilitation, and the diversity of export products has increased. Looking ahead, Latin American countries will strengthen the development of industrial clusters and enhance their international trade status.
Facing an economic recession, Germanys GDP slightly decreased by 0.3% in 2023, and its foreign trade shrank by 1.4%. Both exports and imports declined. Although it maintained a trade surplus, the pressure on foreign trade increased.
Red Sea Crisis Severely Impacts Korean Auto and Petrochemical Exports: Renault Koreas Auto Exports Plummet 90%, Ocean Freight Rate Hike Warning, Korean Companies Face Logistics Challenges and Cost Pressures.
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PSB Record: Shanghai No.31011502009912
