The US, one of the key players in world trade across the regions, has overridden Qatar and Australia to secure the top position as the global supplier of LNG. The significant rise in the export of LNG from the USA demonstrates the shift in the demand for energy from crude oil to sustainable sources of […]
Highlights The traffic through the Maryland port has been disrupted after the collapse of Baltimore’s Francis Scott Key Bridge, after being struck by the container ship on 26th March 2024. This port is the major hub for warehousing and transhipment of commodities on the US East Coast. The port of Baltimore near the bridge is […]
The European Union (EU), the world’s largest trading block consisting of 27 countries, and China, the world’s 2nd largest economy with a global manufacturing powerhouse, are failing on the economic front to sustain bilateral trade for both export and import businesses. China and the EU dominated the export market worldwide, with more than 17% and […]
The Red Sea and Panama Canal crises have taken the world of trade by storm. An unexpected chain of events has caused significant slowdowns in the affairs of trade. This has impacted the import and export trade of most countries dealing in various commodities. The escalating attacks in the Red Sea and climate-induced droughts have […]
The US recently presented constructive support for the QUAD, a comprehensive strategic group, by passing a bill in the House aimed at ensuring continuous support and fostering all-weather connectivity through supply chain diversification. What is QUAD? QUAD is a group of the world’s most influential countries including the USA, India, Japan, and Australia. Initially, it […]
The United States of America, the world’s largest gas producer and exporter, is working on a new gas pipeline on Mexico’s coast to bypass the drought-chocked Panama Canal and establish a direct trade route to Asia. This route potentially cuts travel times and costs significantly. Once the development of the proposed project is completed, it […]
Have you ever wondered how strategic forums like the Bilateral Investment Treaty (BIT), Comprehensive Economic Partnership (CEP) and other forums help in fostering the country’s economic growth and how this strengthens the strategic relationship? Let’s understand this whole scenario with India and UAE examples and learn how this provides a platform for businesses and entrepreneurs […]
What if the non-renewable energy source is replaced with a clean, abundant energy source that revolutionizes industry, transforms transportation, and solves the ongoing issues of global warming and Climate change? What! Yes, Hydrogen, which is generally known as the Future fuel. Let’s understand this. Recently, India has proposed a $5 Billion fund for IH2A, a […]
We started our journey in 2024 with the commitment to pursue success in life, achievement, and recognition of fame. What if the election of a country does the same for export-import business? Let’s delve into the unfolding event of 2024 and see how countries’ elections are crucial for any business accomplishment. More than half […]
Have you ever thought about a scenario where two strategic partners conflict with each other in the trade arena? Where one country is a king of the Indian Ocean and the other holds a strategic location and plays an important role in ensuring the free flow of international trade of Export-Import. The Countries are India […]
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