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 […]
Category: European Union
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 […]
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 […]
UK’s chemical industry has been witnessing growth, despite the differences in the value of the imports and exports of the most valued commodity in the section—fatty acids. The market of fatty acids has been a robust and essential one due to its application in various other sectors. Fatty acid is a valuable commodity in the […]
The G20 Summit spotlighted India’s trade discussions with the United States, China, and European countries. The U.S. and the European Union signed an agreement with India to strengthen trade through building rail and sea routes. In 2022, India’s trade with the United States totaled USD 131 billion, with China totaled USD 117 billion, and with […]
Whether a country is close to its immediate neighbors or not, bilateral mediation is essential for rendezvous with other nations. Through these engagements, states strengthen their own international purposes. There are political, economic, and cultural relations between India and the UK. The bilateral trade between these two countries is for promoting trade and commerce. G20 […]
A multinational rails and shipping project – India-Middle East-Europe mega economic corridor has been announced at the G20 Summit 2023. This step is seen as a challenge to China’s economic ambitions in the region. It aims to link Middle Eastern countries by railway and connect them to India by port, helping the flow of energy […]
The global packaging industry is a broad sector that indulges different industries as its part. The scope of the global industry for packaging ranges from F&B to e-commerce, comprising the most significant number of industries and their respective requirements for products manufactured. The packaging industry is composed of different packaging materials and types, and depending […]
Logistics is widely known as the process of coordinating and moving goods such as food, equipment, liquids, materials, and inventory from one location to the storage of the desired destination. It is the management of the flow of goods from one point of origin to the point of destination to meet the requirements of customers. […]
Germany inflation is on the rise again this year and has led to the downfall of the economy. The declining economy of Europe’s largest economy has resulted in the market downfall and higher prices of most consumer goods. Consumer goods such as dairy products, confectionary such as jam and bread, and fresh produce such as […]