SHOCKING: International trade news topic - What They Never Told You

Nirmala Sitharaman calls for open, rules-based global economic ties amid geopolitical tensions

At the Kautilya Economic Conclave, Nirmala Sitharaman spoke about fostering international trade policies that are not only open but also predictable. She underlined the critical need for nations to communicate effectively to dissolve geopolitical trade barriers. Highlighting the importance of resilience in the global economy, she introduced the National Critical…

The Economic Times · Oct 3

Critical minerals emerge as key India-Canada trade opportunity amid supply chain diversification: Trade Minister Maninder Sidhu

Canada sees an opportunity to support India's supply chain diversification through critical minerals, particularly for the country's growing auto, electric vehicle and battery sectors, Canadian International Trade Minister Maninder Sidhu said.

The Economic Times · Oct 3

Building global infrastructure: JEY GROUP’s vision for long-term growth

Acknowledged for his pivotal role in global maritime investments, Dr. Dattatreya Nagireddy leads JEY GROUP’s mission in creating connected ecosystems to boost international trade and sustainable energy practices. His leadership is centered on logistics, shipping, and energy, aimed at branching out operations worldwide. This recognition reflects JEY GROUP's commitment to…

The Economic Times · Oct 1

Iran's actions risk 'global economic instability', says G7; warns West Asia conflict may escalate

The G7 warned that Iran's actions risk further escalating the West Asia conflict, undermining international trade and creating global economic instability. It condemned continued Houthi strikes in Yemen and against Saudi Arabia, called for an immediate halt to attacks on civilian shipping, and urged Iran to stop supporting the Houthis.

The Economic Times · Sep 22

Uttar Pradesh clocks Rs 47,484 crore exports to BRICS, partner nations

Uttar Pradesh has significantly increased its exports to BRICS and partner nations. The state recorded substantial trade engagement, reaching Rs 47,484 crore in total exports. Exports to BRICS member countries alone amounted to Rs 34,811 crore, showing strong international presence. The government is actively promoting industrial investment and improving business…

The Economic Times · Sep 13

BRICS chief backs de-dollarisation, says local currencies are the way forward

BRICS Chamber Chairman Sameep Shastri supports de-dollarisation for a multipolar economic system. He believes local currency trade and digital transactions offer developing nations a greater voice. Businesses face multiple costs when conducting international trade through the US dollar. India aims to strengthen exports to BRICS economies while managing energy import…

The Economic Times · Sep 10

India to work with BRICS partners to expand opportunities for women-led enterprises in global trade: Piyush Goyal

Piyush Goyal urged BRICS nations to boost women entrepreneurs in global trade. India shared its success in financial inclusion and collateral-free loans for women. The minister highlighted efforts to increase female workforce participation significantly. BRICS countries agreed to explore a common platform for international trade. This initiative aims to integrate…

The Economic Times · Sep 10

Settlement in yuan reduces trade costs

Direct settlements between the yuan and local currencies, including the baht, can reduce the cost of international trade transactions, according to an economist.

Bangkok Post · Aug 16

India’s digital logistics tracking platform crosses 10 crore EXIM container tracking milestone

India's Logistics Data Bank has successfully tracked ten crore export-import containers. This digital platform enhances domestic manufacturing and international trade corridor expansion. Technology integration simplifies and speeds up logistics operations across the nation. The system monitors container movements using RFID and IoT technologies. This milestone supports India's vision for a…

The Economic Times · Aug 14

US court backs Trump's power to close 'de minimis' tariff exemption

The U.S. Court of International Trade on Thursday upheld Donald Trump’s authority to end the “de minimis” tariff exemption for low-value imports from China, Mexico and Canada, ruling that the International Emergency Economic Powers Act allowed him to rescind the trade privilege. The decision marks a rare court victory for…

The Economic Times · Aug 14