UNCTAD and Iraq signed an agreement on 27 May to help the country modernize and automate its customs procedures. Acting UNCTAD head Isabelle Durant and Iraq’s finance minister Ali Abdul Ameer Allawi inked the deal to implement a project that will promote trade and development in Iraq. “The agreement that we are signing today signals the beginning of one of the most ambitious projects in the region,” Ms. Durant said.

The US' order that requires Hong Kong products to be relabeled as "Made in China" is a "discriminatory and unjust" requirement motivated by political reasons, and violates WTO rules, the Hong Kong Special Administrative Region (HKSAR) government said Friday.

Vietnam’s rice exports are anticipated to continue rising during the second half of the year due to high demand for the staple caused by the complicated nature of the COVID-19 pandemic globally, according to industry insiders.

Vietnam posted a trade surplus of US$3.27 billion from agro-forestry-fishery trade in the first five months of 2021, down 28.3% from the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).

US and Chinese trade negotiators have made contact over the two countries' ongoing trade dispute for the first time since US President Joe Biden took office.

The Biden administration initiated a dispute process against the Canadian dairy industry, triggering the formal dispute mechanism of the new U.S.-Mexico-Canada Agreement for the first time.

As Vietnam’s largest export market, the US economy is recovering powerfully, leading to a climb in demand for goods including those imported from the Southeast Asian nation, as the two countries enjoy a heyday in bilateral trade and investment ties.

The RCEP agreement creates a free trade arrangement between ASEAN and Asia-Pacific nations, providing new trading opportunities through tariff reduction, new rules of origin, and trade-facilitation measures.

Boasting huge production advantages and capitalising on good market opportunities, Vietnam’s furniture sector has stood firm amid COVID-19 and improved its position in the global market and especially in the US.

In an effort to secure and build on the already vital economic and security partnership between the U.S. and UK, the two nations embarked on negotiations for a long-desired Free Trade Agreement (FTA) last year shortly after the UK withdrawal from the European Union.