China halts port fees on US vessels for one year
The one-year suspension aims to stabilise bilateral trade, safeguard industrial supply chains, and enhance cooperation between China and the United States in the maritime sector.
Trade
North Korean liquor could hit South Korean shelves after safety review
South Korea may soon allow select North Korean alcoholic beverages on the market after safety inspections. Authorities are reviewing production standards to ensure the drinks meet…
China suspends some rare earths, lithium battery export control measures
Also on Friday, Chinese customs announced it will lift a suspension on soybean imports from three US companies, including CHS Inc, effective Monday.
India expands electronic cargo tracking system for Nepal-bound shipments
Move allows cargo movement through more ports and new railroad routes, easing trade procedures and reducing transit time.
Bangladesh, Sri Lanka to launch joint tourism initiative
As Sri Lanka has expressed its interest in collaborating with Bangladesh on developing green tourism, Bangladesh proposed to develop joint tourism initiatives, including tea and…
Malaysia’s trade with the US soars 15.4% amid tariff concerns
Given this substantial trade volume, the Investment, Trade, and Industry Minister stated that any modifications to US trade policy, especially the implementation of retaliatory…
Fact sheet reported to cite $25-billion US arms sale to Seoul
An official at President Lee Jae Myung's office said on the condition of anonymity that the decisions will be made "based on the government's review of its spending capacity and…
China, US seek to stabilise trade relations
Since May, the two sides' economic and trade teams have held five rounds of talks under the strategic guidance of the important consensus reached by the two heads of state,…
Taiwan must be allowed equal participation when China hosts APEC, US says
APEC is one of the only international bodies Chinese-claimed Taiwan is a member, and next November's summit in Shenzhen will come as relations between Taipei and Beijing have…
US President Trump has ‘great respect’ for PM Modi; serious discussion with New Delhi about trade ties underway: White House
White House Press Secretary Karoline Leavitt further highlighted last month’s Diwali event at the White House and the appointment of Sergio Gor as the next US Ambassador to…