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European Union Global US & LATAM

EU and US to Impose 38% Tariff on Chinese Electric Vehicles Exports

Worldwide demand for eco-friendly vehicles is witnessing double-digit growth over the year. This could be observed from traditionally fuelled power to electric run engines. And, opens the door for a billion dollar market for EVs and the business directly or indirectly associated with it. In Western countries, Chinese exporters of zero-emission vehicles have successfully replaced […]

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Global Trade

G-7 Sanctions On China- An Unforeseen Opportunity for Export and Import Business

Key Insights Recently, the world’s most advanced trade bloc, G7 held a meeting in Italy, contributing to 41% of the global merchandise trade. During the G7 members have made it clear that they will promote the work of IMEC (India-Middle-East- Economic Corridor), food security, and focus on infrastructure investment. Despite their effort to establish a […]

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Asia Pacific European Union Global

Global Agricultural and Fruits Demand and Supply Outlook and Forecast

Global demand and supply for agricultural products and fruits is projected to continue increasing in 2024 due to rising consumption across regions. In terms of trade, the largest gainers in 2023 were rice, and sugar in the agricultural category, and apples, berries, pears, grapes, mangoes, melons, and bananas in the fruit category. This research report […]

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Asia Pacific European Union Global Trade

Why Iran’s Chabahar Port is Strategically Important for India – Explained

India has taken one step forward to expand trade with Central Asian countries by signing a crucial Chabahar Port agreement with Iran for 10 years. The Chabahar Port is located on the Gulf of Oman and is a crucial gateway for Indian commodities to access landlocked Afghanistan and Central Asia. This will be accomplished through […]

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European Union Global Market Trend Trade US & LATAM

Germany Export Growth Analysis: Rise Despite the Challenges

Germany’s economy has faced significant challenges in the last two quarters, from technical recession to becoming the old sick man of Europe. Germany has become the world’s 3rd largest economy, despite challenges. Strong economic fundamentals, Govt policies, manufacturing power, strategic trade partners, and other factors, led Germany to register growth and improve its trade performance. […]

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Asia Pacific Finance Global Trade

China and Russia to Push De-dollarization Agenda in BRICS 2024

China and Russia are likely to discuss the agenda of de-dollarization in BRICS 2024 as both countries have agreed to use local currencies up to $260 billion. To counter the plan of two influential BRICS members in favor of de-dollarization, the United States is playing the sanctions card against China and Russia. What will be […]

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Trade

US Raises Concerns about India’s Import Regulations on IT Goods

The United States of America expressed concerns regarding India’s import regulations for specific information and communications technology (ICT) products such as automatic processing machines, and PCs. This concern arises amidst India’s decision to restrict the influx of such items. So, importers must obtain authorization for certain IT hardware imports. How much does India depend on […]

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Asia Pacific European Union Global

Red Sea and Panama Canal Crises on Global Trade

The Red Sea and Panama Canal crises have taken the world of trade by storm. An unexpected chain of events has caused significant slowdowns in the affairs of trade. This has impacted the import and export trade of most countries dealing in various commodities. The escalating attacks in the Red Sea and climate-induced droughts have […]

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Asia Pacific Global Trade

US House Passes Quad Bill: India’s Boost, China’s Challenge

The US recently presented constructive support for the QUAD, a comprehensive strategic group, by passing a bill in the House aimed at ensuring continuous support and fostering all-weather connectivity through supply chain diversification. What is QUAD? QUAD is a group of the world’s most influential countries including the USA, India, Japan, and Australia. Initially, it […]

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Asia Pacific Global Market Trend Trade

Why USA’s Gas Giants Tapping Asia and Mexico’s Markets?

The United States of America, the world’s largest gas producer and exporter, is working on a new gas pipeline on Mexico’s coast to bypass the drought-chocked Panama Canal and establish a direct trade route to Asia. This route potentially cuts travel times and costs significantly.  Once the development of the proposed project is completed, it […]

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