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Global Trade Market

UK Joins CPTPP boosting Welsh economy and trade opportunities

On 15 December 2023, the UK officially became a full member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which is a free trade bloc that covers the Indo-Pacific region.

International trade week 2024: Global opportunities for UK businesses

The Department for Business and Trade (DBT) hosting the International Trade Week (ITW) again this year, offering UK businesses a new opportunity to tap into global markets.

Negotiations resume on UK-South Korea trade deal

Talks have resumed on a modernised trade deal between the UK and South Korea, with negotiators meeting in Seoul. The move aims to boost the already strong trading relationship, valued at £17 billion in the year ending June 2024.

Mobile ecommerce apps: Benefits and development guide

Mobile ecommerce apps: 39% of US internet users made weekly mobile purchases, reflecting the growing trend of consumers using phones.

Taiwan and the UK strengthening trade amidst 26th annual Taiwan talks

UK and Taiwan: Minister for International Trade Nigel Huddleston will co-host 26th annual Taiwan Trade Talks to enhance trade and investment opportunities

UK and Middle East strengthen ties during foreign secretary’s visit

Foreign Secretary James Cleverly is embarking on a 3-day visit to Qatar, Kuwait, and Jordan, highlighting the UK and Middle East region's growing partnership.

UK and India conclude 11th round of FTA negotiations

On 18 July 2023, the United Kingdom and India successfully wrapped up the eleventh round of talks to establish a Free Trade Agreement (FTA) between the two nations.

UK economy set for £1 billion boost with Electronic Trade Documents Act

The UK's economy is set to receive a £1 billion boost by implementing the innovative Electronic Trade Documents Act, enabling paperless trade.

UK and Turkey initiate talks on new trade agreement

The UK and Turkey have announced their intention to commence negotiations on an updated free trade agreement (FTA).

UK and Japan sign historic agreement to enhance justice collaboration

UK and Japan: The Lord Chancellor and Justice Secretary of the United Kingdom, Alex Chalk, and Japan's Justice Minister, Ken Saitō, have signed a groundbreaking agreement in Tokyo.

Global oil prices decline amid concerns over China’s economy

Concerns about China's economy continue to grow as global oil prices dropped over 1% today (Monday, 19th June 2023), but what does this mean for the Chinese government and the international economy?

New UK and Switzerland agreement will allow professional qualifications to be recognised

This significant accord serves to officially recognise and validate professional qualifications obtained in the United Kingdom within the borders of Switzerland.

OECD forecasts highest inflation rate for Britain among G20 nations

The OECD, a club consisting of rich countries based in Paris, has unveiled its latest forecasts, revealing the highest inflation rate for Britain among G20 Nations, placing it just behind Argentina and Turkey.

How do India’s protectionist rice export restrictions affect those in need?

Peter Bachmann, Vice President Policy & Government Affairs, at USA Rice, states that India’s protectionist rice export restrictions hurt the neediest the most.

Intercepting smuggled products to protect animal health

Will Wepsala, Public Affairs Specialist at the Animal and Plant Health Inspection Service, part of the U.S. Department of Agriculture, walks us through the work of intercepting smuggled products to protect animal health.

Price of COVID vaccines to rise as they become variant-ready

France's Junior Minister for European Affairs, Clément Beaune, said that the price of COVID vaccines Pfizer and Moderna rose after being adapted for the Delta variant.

Study finds COVID increased “forced labour” in garment supply chains

This study examined 302 factories, finding that forced labour and exploitation increased in garment supply chains across Ethiopia, Honduras, India and Myanmar.

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