Vietnamese shrimp exports to the EU increased 71%, year-on-year, to $86.4 million for the month of November, after the Southeast Asian country saw a strong increase in exports to the trading bloc through 2017.
The US on Friday ratcheted up pressure on India, blocking a request from New Delhi that calls for allowing a World Trade Organization (WTO) compliance panel to determine whether India has removed the mandatory domestic content requirements and other restrictive measures imposed on imported solar cells and solar modules, according to people familiar with the development.
Singapore has joined the pile of countries going to the World Trade Organisation (WTO) to demand a consultation with the US over its 30% solar import tariffs, according to a WTO filing from Friday 9 February.
The Asia-Pacific Working Group of the diverse and broad-based U.S. Food and Agriculture Dialogue for Trade (Dialogue), which represents more than 95% of the U.S. farming, ranching and food processing sector, is expressing its desire to share specific ideas with the Trump administration on how to reengage in the TPP trade negotiations following President Donald Trump’s Jan. 26 address at the World Economic Forum in Davos
U.S. apparel imports were virtually flat in 2017 as retailers and brands continued to tighten inventory levels amid stable sales but lower average prices. Vietnam, Mexico and India gained a bigger piece of the U.S. import pie, taking share from China and, to a lesser extent, Bangladesh, Indonesia and Honduras.
More than half of small and medium enterprises in ASEAN region (52%) are expecting revenue growth this year, with 26% projecting a double-digit growth.
Dutch Minister for Foreign Trade and Development Co-operation Sigrid Kaag visited Hanoi and Ho Chi Minh City on February 6-7, 2018, aiming to enhance trade and investment co-operation between the Netherlands and Vietnam.
Trade promotion in Việt Nam is facing many difficulties as many importers, such as the US, China, Japan and the European Union, were now protecting their own farm production.
Policy orientation in modern-age trade negotiations has progressively turned to non-price measures looking beyond tariff liberalisation. In the past, India’s FTAs did not necessarily and always benefit domestic exports and exporters. Instead, imports increased more than exports in most cases. So, there exist instruments, other than custom tariffs, that are operative in constraining access to markets abroad
The government are planning to sign the re-branded Trans Pacific Partnership (TPP) in Chile on March 8th 2018.
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