Tag: Trade
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Indonesia Eyes 100% Trade Rise With EAEU After FTA Deal
Indonesia Signals Ambitious Trade Growth With EAEU After FTA Indonesia has outlined an ambitious goal to double its trade with the Eurasian Economic Union (EAEU) following the signing of a free trade agreement. Officials cited by the Indonesian News Agency ANTARA say the target could see trade volumes rise by as much as 100 percent,…
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China Backs Nigeria Port Modernization with Technical and Diplomatic Support
China Pledges Strong Support for Nigeria’s Port Modernization In a move that underscores a deeper diplomatic and economic partnership, the Government of the People’s Republic of China has pledged technical and diplomatic support for Nigeria’s ongoing port modernization and automation efforts. The commitment comes as Nigeria seeks to upgrade its seaports to handle rising cargo…
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Mexican Peso Rises as U.S. Dollar Weakens on Fed Rate Cut Bets
Mexican Peso strengthens as dollar weakens The Mexican Peso advanced on Tuesday, trading around the 18.38 per dollar level as a softer U.S. dollar boosted sentiment across Latin American currencies. Traders scaled back expectations for aggressive U.S. rate hikes and instead priced in a potential Federal Reserve rate cut later this year, providing much-needed relief…
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India-Canada Trade Plan: A $50B Boost to Bilateral Ties
New Momentum for Indo-Canadian Relations As world leaders gathered at the G20 Leaders’ Summit in Johannesburg, a high-stakes economic initiative moved to the fore: a renewed commitment to a $50 billion trade plan between India and Canada. The discussions, reportedly led by Prime Minister Narendra Modi and Canada’s premier at the sidelines of the summit,…
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Pakistan and EU Deepen Strategic Partnership in 7th Brussels Dialogue
Brussels hosts the 7th Pakistan-EU Strategic Dialogue In a significant stride for regional and global diplomacy, Pakistan and the European Union reaffirmed their broad-based, forward-looking partnership during the 7th Strategic Dialogue held in Brussels. The meeting, co-chaired by Pakistan’s Deputy Prime Minister and Foreign Minister and high-ranking EU officials, underscored a mutual commitment to deepen…
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Ruto Announces SGR Extension: Naivasha to Kampala Next Year
Ruto Announces Start of Naivasha–Kampala SGR Extension President William Ruto has confirmed that construction on the Standard Gauge Railway (SGR) extension from Naivasha, Kenya, to Kampala, Uganda, will commence in early 2026. The project marks a significant milestone in East Africa’s push to boost regional trade, enhance cross-border transport links, and spur economic growth across…
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Why Australia’s Pro-Globalisation Consensus Endures
Introduction: A resilient pro-globalisation stance As nations recalibrate after the most disruptive years of the COVID-19 era, Australia shows a notable continuity in its embrace of globalization. Despite the pandemic-era tilt toward stricter borders and a more cautious national posture, the country’s economic, strategic, and social fabric has remained anchored in open trade, immigration, and…
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Why Australia’s pro-globalisation consensus endures
The durable pull of globalisation in Australia As Australia recovers from the shocks of the COVID-19 era, the country’s political culture has shown a surprising resilience in its pro-globalisation stance. The consensus is not a digital fossil of the pre-pandemic era; rather, it reflects a pragmatic recalibration that treats openness to trade, investment, and skilled…
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East of Where? The Future of UK’s Asia Policy
Introduction: A Geographic Question with Global Consequences The reshuffle in Westminster has thrust the UK’s Asia policy back into the spotlight. The appointment of a minister for the Indo-Pacific—a portfolio spanning roughly half the globe—signifies more than a symbolic nod to a growing geopolitical arena. It signals an attempt to articulate a long-term strategy for…
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Canada Hosts Sweden’s King and Queen: A Royal Visit Shaping a Resilient Economy
Canada Embraces a Historic Royal Visit In a moment that signals renewed friendship between two long-standing democracies, Prime Minister Carney welcomed Their Majesties King Carl XVI Gustaf and Queen Silvia of Sweden to Canada. The visit comes at a pivotal time as Canada charts a course toward a more resilient economy, less vulnerable to global…