The supply of trade finance in the world registered a year-on-year decrease of 20% with data as of November 2020, the International Chamber of Commerce (ICC) reported in a meeting with representatives of the World Trade Organization (WTO). A representative of the ICC indicated that this reduction was
February 1 marks the second anniversary of the Free Trade Agreement (FTA) between the European Union (EU) and Japan, called the Economic Association Agreement (EPA). The Joint Committee established under the Agreement, co-chaired by Executive Vice President Valdis Dombrovskis and Japanese Foreign Minister Toshimitsu Motegi, celebrates this anniversary
The United Kingdom formally applied to join the Comprehensive and Progressive Treaty of Trans-Pacific Partnership (CPTPP). International Trade Secretary Liz Truss spoke with the ministers of Japan and New Zealand on Monday morning to request to join that free trade agreement between 11 nations. The announcement comes as
Mexico imported oxygen concentrators, a crucial device at a certain stage for Covid-19 patients, worth 259.6 million dollars from January to November 2020, a year-on-year increase of 103.1%, according to statistics from the Ministry of Economy. These products are devices designed to concentrate oxygen from ambient air and
Bombardier confirmed the closing of the previously announced sale of its transportation business to Alstom. Total income to suppliers after deduction of debt-like items and transferred liabilities amounts to US $ 6 billion. Headquartered in Montreal, Canada, Bombardier is present in more than 12 countries, including its production
The United States Energy Information Administration (EIA) estimates that the world consumed 92.2 million barrels per day (b/d) of oil and other liquid fuels in 2020, a 9% decrease from the previous year and the largest decrease in EIA series dating back to 1980. In its short-term perspective,