China and the European Union are advancing in the approval process of an investment agreement, the Comprehensive Investment Agreement (CAI), Gao Feng, a spokesman for the Chinese Ministry of Commerce, said on Thursday. “The China-EU Investment Agreement serves the common interests of China and the EU and is
The sale of electric vehicles (EV) decreased 15% quarter-on-quarter in the March 2021 quarter, but increased 126% year-on-year, according to an Australian government report. However, sales in the United States increased 14% quarter-on-quarter. Worldwide EV sales exceeded 3 million units in 2020, and growth is unlikely to slow
A total of 103 countries (member states, correctly) depend on commodities, according to the United Nations Conference on Trade and Development (UNCTAD). A country is commodity dependent when it derives at least 60% of its merchandise export earnings from the commodity sector. Trade data shows that approximately 53%
The demand for cobalt, lithium or copper will grow 1,000% by 2050, the United Nations Conference on Trade and Development (UNCTAD) projected. These three minerals are found in large quantities in commodity-dependent developing countries. «Demand for some of these commodities could increase by 1,000% by 2050,» UNCTAD estimated
TC Energy announced Friday that it intends to recover more than $ 15 billion in damages related to its Keystone XL project. United States President Joe Biden revoked the existing presidential permit for the Keystone XL pipeline on January 20, 2021. As a result, TC Energy has suspended
The governments of Mexico and the United States analyzed the possibility of coordinated policies on blends of gasoline with ethanol. This Wednesday, the United States Trade Representative, Katherine Tai; the Secretary of Agriculture and Rural Development of Mexico, Víctor Villalobos, and the Secretary of Economy, Tatiana Clouthier, held