World trade grew again, 2.5% compared to July 2020, reported the Netherlands Bureau for Economic Policy Analysis (CPB). This is less than July’s growth, which was 5.0% compared to June. In total, global trade is now 3-4% below the pre-Covid-19 level. Europe showed strong export growth of 4.0%.
In maritime transport, the United Nations Conference for Trade and Development (UNCTAD) outlined policy actions to prepare for a post-pandemic world. As part of its annual report on maritime transport, it identified six priority areas for policy action in response to the Covid-19 pandemic and the persistent challenges
India recently announced that it would not join the Regional Comprehensive Economic Partnership (RCEP), which this country negotiated with China and 14 other Asian-Pacific nations. The Indian government cited concerns about the fairness and balance of the RCEP and was also concerned about the possible effects of opening
The signing of the Regional Comprehensive Economic Association (RCEP) is a victory for free trade and multilateralism, Chinese Prime Minister Li Keqiang celebrated on Sunday. The RCEP is made up of China, the Philippines, Malaysia, Indonesia, Singapore, Thailand, Brunei, Vietnam, Laos, Burma, Cambodia, Japan, South Korea, Australia, India
This Sunday 15 countries signed the Regional Comprehensive Economic Association (RCEP), a regional free trade agreement. The RCEP is an agreement that covers trade in goods, trade in services, investment, economic and technical cooperation, and the new rules for electronic commerce, intellectual property, public procurement, competition and small
For the first time in 20 years, iron ore trade fell 1.5% year-on-year in 2019 due to severe supply disruptions caused by the collapse of the Vale dam in Brazil and Cyclone Veronica in Australia, the United Nations Conference on Trade and Development (UNCTAD) reported in its Maritime