Ireland's new prime minister insisted a post-Brexit trade deal can be struck after talks with Boris Johnson yesterday. Micheal Martin said failure to reach an agreement would harm economies across the EU and the UK in the wake of the coronavirus crisis.

Date: August 2020 By: World Trade Organization

The Vietnamese Ministry of Industry and Trade and the Chinese Ministry of Commerce jointly held the 9th Meeting of the Vietnam-China Working Group on Economic and Trade Cooperation via an online form for the first time on August 13.

Although the export of agro-forestry-fishery products in the first seven months of the year decreased by 2.8% compared to the same period last year, the Ministry of Agriculture and Rural Development affirmed that if we make the best efforts and there are no major changes in the global situation, the total export value this year will reach over US$40 billion.

Aside from enjoying preferential tariffs brought about by the European-Vietnam Free Trade Agreement (EVFTA), local steel firms have been urged to update their technologies whilst meeting rules on product origin in order to make inroads into the EU market.

The U.S. said tariffs on European Union products will remain unchanged, despite efforts by plane maker Airbus to move into compliance with a World Trade Organization decision over state aid.

Cheese exports worth less than $150,000 could be holding up a trade deal between Britain and Japan.

AS the deadline to agree a trade agreement between Brexit Britain and Brussels looms closer and closer, an economist has claimed a no deal outcome will not collapse UK-EU trade overnight.

The EU trade discussions earlier this month were littered with buzzwords: level playing field, economic governance, market access, coronavirus response, finance and taxation cooperation.

Brussels has partially withdrawn tariff-free buying and selling rights from Cambodia in protest in opposition to human rights violations within the nation — the primary time the EU has revoked preferential “Everything But Arms” trade phrases created for the world’s poorest nations.