Tag : Global Trade

Russia’s grain exports hit record 72 million tonnes in 2024
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Russia’s grain exports hit record 72 million tonnes in 2024

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Russia’s grain exports reached a record 72 million tonnes in 2024, driven by strategic growth in agricultural output and trade, cementing its global leadership....
Egypt food exports reach $5.5 billion in first 11 months of 2024
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Egypt food exports reach $5.5 billion in first 11 months of 2024

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Egypt’s food exports reached $5.5 billion by November 2024, marking a 17% growth over 2023, with key markets including Arab nations, Europe, Africa, and the United States....
DP World starts $1.2 billion port construction in Senegal's Ndayane
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DP World starts $1.2 billion port construction in Senegal’s Ndayane

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DP World launches construction on Senegal’s $1.2 billion Port of Ndayane, designed to accommodate the largest container ships and transform the country into a major global trade hub....
EU moves closer to forced labor product ban in major regulation push
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EU moves closer to forced labor product ban in major regulation push

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The EU is finalizing a regulation to ban forced labor products, enforcing compliance across its 27 nations, a move to uphold ethical practices and human rights globally....
UAE diamond trade set to hit $40 billion by year-end 2024
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UAE diamond trade set to hit $40 billion by year-end 2024

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UAE’s diamond sector is projected to exceed $40 billion this year, boosting the nation’s rank as the third-largest global diamond market, per Ministry of Economy’s Juma Al Kait....
Global air cargo demand rises 9.4% in September 2024 says IATA
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Global air cargo demand rises 9.4% in September 2024 says IATA

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IATA reports global air cargo demand grew 9.4% in September 2024, continuing a robust trend of 14 consecutive months of growth, driven by high international operations....
WTO anticipates 2.7% rise in global merchandise trade for 2024
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WTO anticipates 2.7% rise in global merchandise trade for 2024

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WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions....
Korea’s economy strengthens on robust exports and stable inflation
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Korea’s economy strengthens on robust exports and stable inflation

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Korea’s economy is showing signs of recovery, driven by strong exports and stabilizing inflation, with manufacturing and domestic demand improving over the past five months....
PM Modi lays foundation stone for India’s largest deep-water port
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PM Modi lays foundation stone for India’s largest deep-water port

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India has unveiled its largest deep-water port, Vadhvan, in Maharashtra today, marking a major boost in the nation’s maritime capabilities and global trade profile....