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Trade Minister heads to Abu Dhabi for key WTO negotiations

Trade Minister Todd McClay travels to Abu Dhabi in the United Arab Emirates for the 13th Ministerial Conference of the World Trade Organisation (WTO) today, to take up his role as Vice Chair of the negotiations.The Ministerial Conference is the highest decision-making body within the WTO and meets every two years. Trade ministers will negotiate the reform of agriculture trade rules, E-commerce, fisheries subsidi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 23rd, 2024

‘Trade with China should continue’

The Philippines should continue to pursue stronger trade ties with China despite rising tensions in the West Philippine Sea, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. and the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

China urges ROK to stay prudent on South China Sea issue: Chinese FM

BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

China: Carmakers Implicated in Uyghur Forced Labor

VOICEOVER:Do you have a car?  If so, then parts of your car could be made with forced labor from China. Let's explain how. The first thing you need to know is that factories in China make the most cars in the world.Major brands such as General Motors, Tesla, BYD, Toyota, and Volkswagen manufacture and sell cars in China.  .....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

US set to overtake China as Germany s top trade partner - data

Berlin has been exporting less to the Asian country in recent years, statistics have shown The US is on track to surpass China as Germany's leading trade partner as soon as next year, Reuters reported this week, citing the German Chamber of Industry and Commerce (DIHK). China has held the top spot for the past seven y.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 10th, 2024

China criticises 'bewildering' US trade policies in face of curbs from Washington

Beijing [China], March 7 (ANI): Chinese Foreign Minister Wang Yi criticised the United States for its "bewildering" trade policy, describing it as a series of "unfathomable absurdities," CNN reported. In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching "bewi.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

China criticises 'bewildering' US trade policies in face of curbs from Washington

Beijing [China], March 7 (ANI): Chinese Foreign Minister Wang Yi criticised the United States for its "bewildering" trade policy, describing it as a series of "unfathomable absurdities," CNN reported. In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching "bewi.....»»

Category: newsSource:  manilanewsRelated NewsMar 8th, 2024

NZ welcomes Australia and Brazil to agreements

New Zealand has welcomed Australia to the Inclusive Trade Action Group (ITAG) and Australia and Brazil to the Global Trade and Gender Arrangement (GTAGA) Minister for Trade Todd McClay says. As the current chair of ITAG and GTAGA, Minister McClay hosted the signing ceremony and issued the Abu Dhabi Joint Statement on Sustainable and Inclusive Trade with fellow ITAG Ministers from Australi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

Biden s top-level execs ready for trade, investment mission in Philippines

US President Joe Biden has assembled a high-level US trade and investment mission set to arrive in the Philippines next week to explore business opportunities in the country......»»

Category: financeSource:  philstarRelated NewsMar 9th, 2024

Philippines, EU resume free trade agreement talks

MANILA, March 19 (Xinhua) -- The Philippines and the European Union (EU) resumed negotiations for a free trade agreement (FTA) on Monday, the Philippines' Department of Trade and Industry (DTI) announced Tuesday. "Strengthening economic engagement with the EU remains a priority for the Philippines," said Philippine Trade and Industry Secretary Alfredo Pascual, adding that the Philippines aims for an ambitious, b.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

NZ - UAE trade agreement consultation begins

Following a meeting with UAE Trade Minister Dr. Thani bin Ahmed Al Zeyoudi at the WTO Ministerial Conference in Abu Dhabi, Trade Minister Todd McClay has launched public consultation for a trade agreement between New Zealand and the United Arab Emirates (UAE).  "The UAE is a top-20 export market for New Zealand, and our largest market in the Middle East, with exports increasing 17% i.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

PH OKs revised Asean free trade pacts with ANZ, Hong Kong

MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday  that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

UNCTAD raises alarm over global trade disruptions

The United Nations Conference on Trade and Development is sounding the alarm about the increasing disruptions in global trade, attributed to escalating geopolitical tensions and the impact of climate change on vital trade routes around the world......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Philippine calls for stronger action on climate change

Trade Secretary Alfredo Pascual has called for stronger sustainable trade and development initiatives to address climate change during the second ministerial meeting of the Coalition of Trade Ministers on Climate on the sidelines of the 13th World Trade Organization ministerial conference in Abu Dhabi, United Arab Emirates......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Philippines total external trade shrinks by 15.4 pct in March

MANILA, May 8 (Xinhua) -- The Philippines' total external trade in goods recorded a year-on-year decrease of 15.4 percent in March to 15.44 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Wednesday. Of the total external trade in March, 60.3 percent were imported goods, while the rest were exported goods, the agency said. The PSA data showed the trade deficit in March amounted to 3.....»»

Category: newsSource:  manilanewsRelated News4 hr. 3 min. ago

Philippines total external trade up 9.7 pct in February

MANILA, April 11 (Xinhua) -- The Philippines' total external trade in goods increased by 9.7 percent in February to 15.46 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Thursday. Of the total external trade in February, 61.8 percent were imported goods, while the rest were exported goods, the agency said. The PSA said the deficit of trade in goods amounted to 3.65 billion dollars,.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippines external trade drops 2.1 pct in January

MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Australia, Britain Criticize China for Actions in Hong Kong

SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»

Category: newsSource:  manilanewsRelated NewsMar 22nd, 2024

Marcos: Philippines ‘trying everything’ to lower tensions with China

“We are trying everything. We still continue to talk at a ministerial level, at a sub-ministerial level, at a people-to-people level,” Marcos said. .....»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Marcos: Philippines ‘trying everything’ to lower tensions with China

“We are trying everything. We still continue to talk at a ministerial level, at a sub-ministerial level, at a people-to-people level,” Marcos said. .....»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024