UN and Russia to Discuss Black Sea Grain Deal Amid Ongoing Conflict: International Trade Implications

Amid the ongoing Russo-Ukrainian War, which escalated with Russia’s invasion and occupation of parts of Ukraine on 24 February 2022, the Russian Foreign Ministry announced that talks between Russia and the United Nations regarding the Black Sea grain deal are scheduled to take place in Moscow on May 5, 2023. UN’s top trade official Rebeca … Read more

Copper Prices to Recover Slowly Amid Economic Uncertainties

Low Inventories Support Copper Prices Copper prices are expected to experience a moderate recovery in the coming months, primarily driven by low inventories. However, the upward trend may be limited due to weak physical demand in China and concerns over a potential global recession, according to a Reuters poll. Copper prices have been losing momentum … Read more

WTO Launches Online Registration and Call for Proposals for 2023 Public Forum

The WTO has commenced online registration for the 2023 Public Forum, themed “It is Time for Action,” scheduled to take place at the WTO headquarters in Geneva from September 12th to 15th. The organization has also initiated a call for proposals for the event. This year’s Public Forum will focus on how trade and the … Read more

The Impact of International Trade on the US Pork Industry and Economy

The Importance of International Trade for US Pork Producers In honor of World Trade Month, it is essential to understand the significance of international trade for US pork producers and the US economy. The National Pork Producers Council (NPPC) emphasizes that US pork farmers have built a global reputation for providing high-quality, safe, and affordable … Read more

Increasing Risks for US Businesses in China: A Closer Look at the Challenges in International Trade

US Chamber of Commerce Raises Concerns The US Chamber of Commerce has recently issued a warning regarding the increasing uncertainties and risks for American businesses operating in China. With heightened scrutiny from Chinese authorities, American firms are finding it more challenging to navigate the complex landscape of international trade in the country. The chamber is … Read more

EU Rapeseed Production Forecast Rises Amid Favorable Weather and International Trade Dynamics

EU Rapeseed Production Forecast Revised Upwards Strategie Grains experts have revised their EU rapeseed production forecast for 2023, increasing it from 19.5 to 20 million tonnes compared to April estimates. This boost in production is attributed to favorable weather conditions across most of Europe, which surpasses the previous year’s output of 19.4 million tonnes. The … Read more

Ukraine’s Grain Export Challenges Amid Grain Corridor Blockage and EU Supply Constraints

In April 2023, grain exports from Ukraine experienced a decline compared to March, from 5.34 million tons to 3.62 million tons. Although this still surpasses the 923,000 tons shipped in April 2022, when all Black Sea ports were blocked due to Russian aggression, the challenges posed by the blockage of the grain corridor and EU … Read more

India’s Booming Economy: International Trade Opportunities and Challenges for Businesses

India has been receiving significant attention in the international trade arena, thanks to its booming economy, rising population, and strategic geopolitical position. The country is rapidly becoming a favorite destination for businesses and investors alike, as they seek to diversify their portfolios and tap into India’s vast consumer market. This article delves into the factors … Read more

The Growing Market for Medicinal Plants, Herbs, Tea, and Infusions in the Food and Beverage Industry

The global demand for natural and healthy products has seen a steady increase in recent years, driven by growing consumer awareness of the health benefits associated with medicinal plants, herbs, tea, and infusions. The food and beverage industry has been quick to respond to this trend, incorporating these ingredients into a wide range of products. … Read more

Global AgTech Innovations: Restoring Soil Health for a Sustainable Future

Soil health is a critical component of sustainable agriculture and global food security. As the world’s population continues to grow, the demand for food increases, placing immense pressure on our soil resources. Agricultural practices, such as intensive monoculture, excessive tillage, and overuse of chemical inputs, have led to soil degradation and loss of fertility. To … Read more