The wood processing industry has set itself a modest export target of US$17.5 billion for this year, an increase of just 2.5 per cent over 2022, due to unfavourable conditions in the global market.

Three years ago, amid a blaze of optimism, African leaders officially launched a new continent-wide free trade area after 17 years of haggling.

The Philippines has long been ready to participate in the Regional Comprehensive Economic Partnership (RCEP), according to the head of the Department of Trade and Industry (DTI).

Vietnam’s goods export landscape for 2023 is expected to continue enjoying a surge as it did last year, on the back of a rebound in global demands and domestic production.

Currently, only 22 Vietnamese enterprises are licensed to export rice to China with a certain quota.

Despite woes from domestic and export markets, garment and textile businesses have been excited to start production in the new lunar year, finding out new opportunities and markets to reach the goals set forth.

Trade tensions have been rising even before the pandemic, and a new economic nationalism has begun to counter the decades of globalization that followed the end of the Cold War and the opening of China to the world.

The EU wants to champion "green agriculture" in Southeast Asia. But limited trade relations, regulatory nightmares and distrust could stymie it.

The leaders of Colombia and Venezuela on Thursday renewed a trade deal that had been suspended for four years, in the latest rapprochement between the neighbors.

Following easing of restrictions, boost in Chinese demand and investment will offset Seoul's losses caused by the Covid-19 pandemic motivated lockdown.