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Asia Pacific European Union Global

Global Agricultural and Fruits Demand and Supply Outlook and Forecast

Global demand and supply for agricultural products and fruits is projected to continue increasing in 2024 due to rising consumption across regions. In terms of trade, the largest gainers in 2023 were rice, and sugar in the agricultural category, and apples, berries, pears, grapes, mangoes, melons, and bananas in the fruit category. This research report […]

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Asia Pacific European Union Global Trade

Why Iran’s Chabahar Port is Strategically Important for India – Explained

India has taken one step forward to expand trade with Central Asian countries by signing a crucial Chabahar Port agreement with Iran for 10 years. The Chabahar Port is located on the Gulf of Oman and is a crucial gateway for Indian commodities to access landlocked Afghanistan and Central Asia. This will be accomplished through […]

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Asia Pacific Finance Global Trade

China and Russia to Push De-dollarization Agenda in BRICS 2024

China and Russia are likely to discuss the agenda of de-dollarization in BRICS 2024 as both countries have agreed to use local currencies up to $260 billion. To counter the plan of two influential BRICS members in favor of de-dollarization, the United States is playing the sanctions card against China and Russia. What will be […]

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Asia Pacific European Union Global

How Could a Blocked Strait of Hormuz Disrupt the Global Oil and Gas Network?

In a recent geopolitical event, Iran shocked the world with potential disruption in worldwide oil supply by blocking the strait of Hormuz. This strategic place controls around 30% of the global oil supply and 20% of natural gas exports to the world, passing through this strait.  The Strait of Hormuz is one of the biggest […]

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Asia Pacific European Union Global

EU-China Trade: A Tale of Increase & Decrease in Deficit

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 […]

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Asia Pacific European Union Global

Red Sea and Panama Canal Crises on Global Trade

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 […]

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Asia Pacific Global Trade

US House Passes Quad Bill: India’s Boost, China’s Challenge

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 […]

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Asia Pacific Global Market Trend Trade

Why USA’s Gas Giants Tapping Asia and Mexico’s Markets?

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 […]

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Asia Pacific Trade

India Signs BIT with UAE to Foster Economic Collaboration

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 […]

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Asia Pacific Trade

India Proposes $5 Billion Fund to IH2A for Large-Scale Hydrogen Projects

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 […]

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