European Union Trade Commissioner Maros Sefkovic announced on Thursday that the EU may postpone the implementation of its first set of countermeasures against the United States until mid-April. This decision comes in response to tariffs imposed by former President Donald Trump on U.S. imports of steel and aluminum. Sefkovic indicated that the EU is considering...
The trade relationship between the UAE and the U.S. has strengthened significantly, with merchandise trade growing by 9.47% to reach $34.43 billion in 2024. This increase is up from $31.45 billion in 2023, highlighting a robust economic partnership that has developed over more than five decades. The recent visit of H.H. Sheikh Tahnoon bin Zayed...
A significant trade agreement between the UAE and India has triggered an impressive surge in bilateral commerce. Merchandise trade escalated from $43.3 billion in the fiscal year 2020–21 to $80.5 billion in the first ten months of the current fiscal year, according to recent data. This remarkable growth positions both nations on track to exceed...
A Memorandum of Understanding was signed on February 27, 2025, between the Dhaka Chamber of Commerce & Industry (DCCI) and the Sharjah Chamber of Commerce and Industry. The signing took place at the Sharjah Chamber and aims to promote the export of Bangladeshi products to Sharjah while increasing bilateral investment. Taskeen Ahmed, the President of...
A Memorandum of Understanding (MoU) has been signed between Fiji and the United Arab Emirates (UAE), marking the establishment of the first UAE-Fiji Joint Business Council. This council aims to identify and facilitate trade and investment opportunities between the two nations. Manoa Kamikamica, Deputy Prime Minister and Minister for Trade, described the signing of this...
The United Arab Emirates (UAE) is actively using its membership in BRICS to boost global trade resilience and take the lead in infrastructure development, according to experts at the World Governments Summit 2025 held in Dubai. During a recent panel discussion, Sultan Ahmed bin Sulayem, chairman and CEO of DP World, along with Mohamed Saif...
Dubai is preparing to inaugurate the 2nd Japan Trade Exhibition on February 10, 2025, at the Dubai World Trade Centre (DWTC). The event will feature participation from more than 100 companies and brands, showcasing the growing trade relationship between the UAE and Japan. The organizer, Maico Enterprise, anticipates significant growth in trade volumes and foreign...
The UAE and Germany have reaffirmed their strong economic partnership during the UAE-German Business Forum held in Abu Dhabi at the Abu Dhabi Global Market (ADGM). The event brought together senior officials, business leaders, and private sector representatives from both nations to explore collaboration in key sectors such as clean energy, advanced technology, and logistics....
Dubai Trade is advancing its operations by evolving its Digital Delivery Order (DDO) platform into Trade+. This upgrade is part of a broader strategy to improve the efficiency and speed of trade operations within Dubai’s supply chain and logistics sectors. The new Trade+ platform aims to facilitate the digital exchange of cargo release documents among...
Uzbekistan and the UAE have taken their partnership to new heights, forming a strategic alliance rooted in trust between their leaders, President Shavkat Mirziyoyev and the UAE’s leadership. This collaboration has sparked growth in trade, economic, industrial, technological, and cultural sectors. Investments from the UAE in Uzbekistan have been rising steadily, with $1.08 billion invested...