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The Latest Breaking News from International Trade

Post-Brexit trade deal with Japan branded failure as exports plummet

The agreement, signed by Liz Truss in October 2020, was hailed as "historic" and Ms Truss claimed it would add billions to the UK economy - but now Labour has hit out at ministers

Daily Mirror

Brexit blow: exports to Japan slump after ‘landmark’ free trade deal

First such accord after leaving EU was predicted to bring £15bn boost but UK now lags rivals

The Guardian - UK

UN Wildlife Conference Ends with Protection for 500 Species

An international conference on trade in endangered species ended Friday in Panama, with protections established for over 500 species. The measures were approved by the Convention on International Trade in Endangered Species of Wild Fauna and Flora, known by its initials as CITES. The conference agreed to tighten trade regulations…

Asharq Al-Awsat

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Decision on North American auto rules dispute 'imminent', Canada says

A decision should be made very soon on a dispute pitting Canada and Mexico against the United States on the interpretation of regional trade rules in the auto industry, Canada Minister of International Trade Mary Ng said on Friday.

Reuters

Rees-Mogg's former business partner BACK in government after sacking

RISHI Sunak has been criticised for reappointing a controversial minister a month after sacking him.

The National (Scotland)

Sunak reappoints Rees-Mogg’s ex-business partner a month after sacking him

The Prime Minister has been criticised for reinstalling financier Lord Johnson as international trade minister after axing him from the job weeks ago.

The Independent UK

PM to tell unions to push ahead on wages

Prime Minister Anthony Albanese will address the International Trade Union Confederation's 5th World Congress in Melbourne on Monday.

AAP

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Japan's ivory market is no longer a threat to elephant populations – here's why

Elephants feature heavily in mythology, religion and popular culture. Yet they are hunted for their ivory tusks. Ivory poaching has led to a 70% decline in African elephant numbers over the past 40 years.

The Conversation

Military Demands Establishing Anti-Terrorism Maritime Coalitions

Military leaders stressed the need for creating solid alliances to combat terrorism threatening maritime safety and security with low-cost materials that significantly impact international trade and marine environment. They described the second edition of the Saudi International Maritime Forum, organized by the Royal Saudi Naval Forces, as crucial in terms…

Asharq Al-Awsat

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

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

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Birmingham Post

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

The Independent UK

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 Conversation

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 Independent UK

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’.

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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’

Daily Mirror

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

The Conversation

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 Independent UK

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

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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