Author: Editorial Desk

Canada’s Port Saint John and global terminal operator DP World have completed the $178 million West Side Modernization Project, marking a major upgrade of the Atlantic port’s infrastructure and capacity. The project was delivered through a public-private partnership, with Dubai-based DP World investing more than $54 million in terminal infrastructure between 2022 and 2025. The modernization is intended to strengthen the port’s role as a key Atlantic gateway for Canadian trade. New Brunswick Premier Susan Holt said the project demonstrates the impact of long-term investment in people and the economy. She said the modernization is driving economic growth, creating hundreds…

Australian Grape & Wine, the national body representing the wine industry, has joined the newly formed Trade Diversification Network (TDN), a government-led initiative designed to help Australian exporters enter new international markets and reduce reliance on traditional trading partners. The TDN was announced by the Federal Government under the $50 million Accessing New Markets Initiative (ANMI) and brings together 40 national industry bodies from across the country. The network aims to support businesses in identifying and developing export opportunities in emerging regions, including the Middle East and Southeast Asia. Working in collaboration with government agencies, the TDN will develop and…

India and the United States are maintaining high-level engagement on trade and strategic cooperation, even as negotiations over a long-pending U.S.-India trade agreement remain unresolved. External Affairs Minister S. Jaishankar spoke with U.S. Secretary of State Marco Rubio on Tuesday, with discussions covering cooperation in trade, critical minerals, nuclear energy, defence, and energy. Jaishankar confirmed the exchange in a post on X, saying the two sides had a constructive conversation and agreed to remain in touch on these and other issues, signalling continued diplomatic engagement despite ongoing trade frictions. The dialogue comes at a sensitive phase in India-U.S. economic relations.…

China and Canada are preparing to bolster diplomatic and economic engagement as Canadian Prime Minister Mark Carney is set to make an official visit to China from January 14 to 17 at the invitation of Chinese Premier Li Qiang. The visit will mark the first trip to China by a Canadian prime minister in eight years, signalling a gradual warming of bilateral relations after a prolonged period of limited engagement. Chinese Foreign Ministry spokesperson Mao Ning said on Monday that China attaches high importance to the visit and views the steady development of China–Canada relations as serving the shared interests…

Europe processed about 4.6 billion low-value imports last year, or roughly 12 million parcels a day, with the vast majority shipped from China. Many of these packages are delivered directly to consumers by online brands with little or no presence on European high streets, reflecting how cross-border parcel flows have grown into what analysts describe as a parallel distribution system rather than conventional e-commerce. After years of debate, the European Union is now moving to tighten controls. Finance ministers have agreed to scrap the €150 duty-free exemption on low-value imports starting in 2026, two years earlier than previously planned, and…

Mexico remained the United States’ largest export market for the fourth consecutive month and has also held its position as the top source of U.S. imports since 2023, highlighting the growing strength of regional supply chains and North American economic integration. Between January and October 2025, Canada and Mexico together accounted for more than 29% of total U.S. goods exports, according to data from the U.S. Department of Commerce. Exports to Mexico represented about 15.45% of the total, while shipments to Canada made up roughly 14.49%. The figures reflect expanding productive integration across North America, driven by sectors such as…

China and the European Union said on Monday they have agreed on steps toward resolving their EV tariff dispute over the EU’s imports of Chinese-made electric vehicles, signalling a potential shift in a trade conflict that escalated after the bloc imposed steep tariffs last year. In a statement, China’s Ministry of Commerce said the EU would issue guidelines on minimum pricing for Chinese auto exporters. The statement did not explicitly confirm whether the agreement would lead to the removal of tariffs of up to 35.3% that the EU imposed in 2024 following an anti-subsidy investigation into Chinese electric vehicles. The…

The Chinese market is set to reopen to Irish beef imports after a suspension that has been in place since September 2024, following the detection of an atypical case of BSE in a cow in Ireland. Under existing trade arrangements with China, the finding triggered an automatic halt to exports, as required by animal health and food safety protocols. Since then, Irish authorities and industry bodies have been engaged in efforts to secure the lifting of the ban. The decision to reopen the market comes days after the Taoiseach, Micheál Martin, concluded an official visit to China, during which he…

Product traceability is becoming a strategic safeguard for Vietnamese goods as global trade barriers shift toward stricter controls on origin, digital compliance, and supply-chain responsibility. In this environment, traceability data are evolving into a critical layer of protection. They help exporters reduce tariff risks, shorten inspection times, and strengthen proof of origin, lowering the chances of being excluded from formal distribution networks. Experts say the Ministry of Industry and Trade’s recent launch of the verigoods vn platform reflects efforts to build a unified national data infrastructure, allowing enterprises to standardize product information before entering international markets. While traceability supports domestic…

India is stepping up efforts to secure new trade deals to protect exporters and reduce dependence on the United States, as talks with Washington remain stalled and steep U.S. tariffs continue to weigh on key industries. Relations between the two countries deteriorated in August after President Donald Trump raised tariffs on Indian goods to 50%, a move that threatens jobs and undermines India’s long-term goal of becoming a global manufacturing and export hub. The tariffs were aimed at pressuring India to cut purchases of Russian oil, which Washington says helps finance Moscow’s war in Ukraine. Trade experts say the tariff…