Vietnam’s Vinatex to Export Fire-Resistant Fabrics to US, India, and Other Major Markets
Vietnamese textile giant Vinatex will begin exporting its first shipments of fire-resistant fabrics to the United States, India, Indonesia, and the Middle East. This move highlights Vietnam’s growing capabilities in…
Ethiopia Emerges as Major Animal Vaccine Exporter to 33 African and Middle Eastern Countries
Ethiopia has become a major exporter of animal vaccines, supplying 33 countries across Africa and the Middle East. The state-owned National Veterinary Institute (NVI) has been producing and exporting a…
Thermal Coal Import Trends Diverge: China and India Ease Imports, North Asia Gains
China and India, the world’s two largest coal importers, have seen a decline in their thermal coal imports in June 2024. However, the developed economies of North Asia, such as…
Nigerian Government Refutes Dangote Refinery’s Claims of ‘Dirty Fuel’ Imports, Meets with Local Refiners on Pricing
The Federal Government of Nigeria met with local oil refiners on Tuesday, June 25, 2024 to discuss pricing issues. During the meeting, the government faulted Dangote Refinery’s recent claim that…
Afreximbank Provides $80 Million in Financing to Zimbabwe’s CBZ Bank for Trade and Export Growth
Afreximbank, the African Export-Import Bank, has signed two deals totaling $80 million with Zimbabwe’s CBZ Bank. The first deal provides $60 million to support export growth through trade finance and…
US and Europe Diverge in Approaches to Countering China’s Surging Electric Vehicle Exports
The US and Europe are taking divergent approaches to addressing China’s growing dominance in the global electric vehicle (EV) market. The US views the EV challenge through a national security…
Finland’s Gasum to Halt Russian LNG Imports Amid EU Sanctions
Finland’s state-owned energy firm Gasum will cease importing liquefied natural gas (LNG) from Russia starting July 26, in compliance with the latest EU sanctions. Gasum stated that the EU sanctions…
IICA Launches Special Fund to Bolster Caribbean Agriculture Resilience and Food Security
The Inter-American Institute for Cooperation on Agriculture (IICA) has established a special fund to support efforts by Caribbean nations to increase local food production and strengthen the resilience of their…
Moldova Lifts Temporary Import Licensing on Grains and Oilseeds
Moldova has abolished the import licensing regime for grains and oilseeds that was introduced in December 2023 for a 3-month period. The licensing requirement had been put in place to…
Rapid U.S. Wheat Harvest and Easing Global Supply Concerns Drive Down Chicago Futures
Chicago wheat futures have fallen sharply in recent weeks due to the rapid pace of the U.S. wheat harvest and improved weather conditions easing concerns about crop damage. CBOT wheat…