The second phase of the China-Pakistan Free Trade Agreement came into effect early this month providing zero duty facility to over thousand Pakistani products, while Islamabad continue to grapple with huge trade deficit with Beijing despite the inflow of large Chinese investments into the country under the CPEC.

The Trade Policy Review Body of the World Trade Organisation (WTO) has stated that trade restrictions by WTO members continue at historically high levels.

International free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) have opened up unprecedented opportunities for Vietnamese steelmakers with the industry forecast to see robust growth.

China’s tightening of import standards for vegetables and fruits is causing difficulties for the export of Vietnamese products to the Chinese market. However, opportunities to expand exports to fastidious markets such as the US, EU, the Republic of Korea (RoK), Japan, ASEAN and others are opening up.

Is the World Trade Organization dying? Why does America disregard the authority of the Appellate Body?

President Trump boosted hopes for peace in the U.S.-China trade war by announcing that a “Phase One” deal would be signed on January 15. Now both his supporters and his critics are anxious to see what the deal includes.

Countries like China, South Korea and Japan may boast of low tariffs but they have erected huge non-tariff barriers (NTBs), most of which are tailored to mask the ferocity of trade protectionism, in a bid to control the imports they deem undesirable.

The combined export value of main agricultural products was estimated at 18.5 billion USD in 2019, down 5.3 percent year on year, according to the Ministry of Agriculture and Rural Development.

The manufacturing and processing industry drove economic growth in 2019 with production volume increasing 11.29 percent over the previous year, according to the General Statistics Office (GSO).

The forestry sector had set a target of earning US$12.5 billion from exports of timber and timber products this year, up 10 per cent year-on-year, said Phạm Văn Điển, deputy director general of the Việt Nam Administration of Forestry (VNFOREST).