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The Latest Breaking News from International Trade

Tory who helped do Aussie trade deal blasts it as 'not very good' and 'failure'

George Eustice, who was the Environment Secretary, said the post-Brexit deal was 'not actually very good' and 'gave away far too much for far too little in return'

Daily Mirror

International Trade Fair Tickets To Be Available At 67 Delhi Metro Stations

Entry tickets for the India International Trade Fair to be held from November 14-27 will be available at 67 metro stations of the DMRC. Read on for details:

Dynamite News

China exports fall in October, first decline since 2020

Beijing (AFP) - China's exports shrank in October, the first such decline since mid-2020, customs authorities said Monday, as a domestic slowdown and the threat of global recession hit international trade.

AFP

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Badenoch calls for green investment to ‘future-proof’ UK economy

The International Trade Secretary said new technologies to combat climate change will create jobs and deliver energy security.

The Independent UK

Brexit deal should be renegotiated says director general of British Chambers of Commerce

A renegotiated trade agreement would boost export growth and in turn the UK economy said Shevaun Haviland

Birmingham Post

Labour accuse Braverman of undermining ‘stalled’ trade talks with India

Labour shadow international trade secretary Nick Thomas-Symonds said Braverman caused ‘offence’ through remarks made about Indians overstaying visas.

The Independent UK

New Immingham ferry terminal will 'bring confidence to economy' with international trade investment - ABP

Humber port director updates on huge project with Stena Line as consent is about to be sought

Birmingham Post

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Backbenchers should unite behind Prime Minister, says Badenoch

The International Trade Secretary has said she is focused on helping deliver Liz Truss’s growth plans despite criticism from Tory MPs.

The Independent UK

Somalia: Puntland state port is getting a revamp - this is key to its future

The port city of Bosaso, located at the north-eastern corner of Somalia, provides a striking example of the interlinkage between security and infrastructure. The city benefited from the civil war that ravaged the southern parts of Somalia in the 1990s and 2000s. It developed into a booming trade centre. But…

The Conversation

Consumers at risk due to post-Brexit regulatory system, Commons committee warns

The Commons Public Accounts committee has warned that regulators are ‘struggling to recruit and retain the skills they need to regulate effectively’.

The Independent UK

Liz Truss news - live: Kwarteng bows to pressure to bring forward medium-term budget

It follows warnings of a ’mortgage ticking time bomb’

The Independent UK

Labour demands probe over top job for Jacob Rees-Mogg's ex-business partner

Critics lashed out at 'cronyism' after Dominic Johnson, who set up Somerset Capital Management with the now-Business Secretary in 2007, was named as a Trade Minister

Daily Mirror

A secretive legal system lets fossil fuel investors sue countries over policies to keep oil and gas in the ground – podcast

A new barrier to climate action is opening up in an obscure and secretive part of international trade law, which fossil fuel investors are using to sue countries if policy decisions go against them.

The Conversation

UK-Morocco trade deal did not get consent of Western Sahara people, court told

The Western Sahara Campaign UK has brought legal action against the Department for International Trade and the Treasury,

The Independent UK

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AFP

WC host Qatar sees 'incredible progress' in labour rights: union head

Doha (AFP) - The International Trade Union Confederation chief said Wednesday that Qatar has made a dramatic turnaround in its treatment of foreign workers to become a country fit to host World Cup 2022.

The Independent UK

Badenoch urges colleagues: We need to have dissent in a grown-up fashion

Kemi Badenoch spoke about the need for ‘unity’ and to ‘get behind the Prime Minister’.

Evening Standard

Anger as Rees-Mogg’s former business partner made minister

Dominic Johnson will be made a life peer serving as a minister in the Department for International Trade and the Cabinet Office

The Independent UK

Anger as Rees-Mogg’s former business partner made government minister

Dominic Johnson will be made a life peer serving as a minister in the Department for International Trade and the Cabinet Office.

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Asharq Al-Awsat

Egypt Says Supports African Accreditation System to Develop Intra-Trade

Egypt's Minister of Trade and Industry Ahmed Samir asserted that Cairo supports establishing an internationally recognized African accreditation system as an essential pillar for developing intra-trade within the continent. The system also seeks to increase the competitiveness of Africa's exports to various global markets, increase international trade rates, and meet…

Asharq Al-Awsat

Saudi SAR Signs Agreements, MoU to Develop Railways

The Saudi Railways Company (SAR) concluded several agreements and memoranda of understanding with global partners to achieve the objectives of the national strategy for transport and logistics. SAR participated in InnoTrans and the international trade conference in Berlin. SAR awarded a contract to the French electronics company Thales for developing…

Asharq Al-Awsat

New Authority in Jeddah Seeks to Promote Development

The city of Jeddah, located on the western coast of Saudi Arabia, is preparing for a new phase of development, with the transformation of the city’s project management office into the Jeddah Governorate Development Authority. Jeddah is the gateway to international trade and foreign markets. It accommodates one the most…

Bangkok Post

Shopee inks pact to help empower SMEs

The Commerce Ministry's International Trade Promotion Department on Monday signed a Memorandum of Understanding (MoU) with Shopee, an e-commerce platform, to empower small and medium-sized enterprises (SMEs) to showcase their quality products and sell their products online.

The Conversation

South Africa’s farm exports are an economic lifeline – with weak spots

International trade has been at the core of South Africa’s agricultural progress since the early 2000s. Since 1994, the country has excelled in opening up new markets, as evidenced by several free trade agreements with critical regional and international markets.

Bangkok Post

Thai traders join halal boom

Muslim population growth and trust in halal-certified foods are creating new opportunities in the world's halal food market for Thai halal food traders, say exhibitors.

The Independent UK

Truss and Kwarteng’s old departments reprimanded for failing to comply with transparency laws

Department for International Trade given its first enforcement notice in seven years

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