JD Airlines has inaugurated a new international air cargo route connecting Wuhu, China, with Hanoi, Vietnam. This marks the first international cargo route for Wuhu Xuanzhou Airport and signifies the city’s commitment to global integration and economic growth.
Results for: International Trade
The 22nd Kunming International Flower Expo of China, the nation’s leading floral industry trade show, will take place on September 20 at the Kunming Dianchi International Convention and Exhibition Center. Spanning 50,000 square meters, the event will gather over 400 companies and 30,000 industry professionals. Kunming, a hub for flower production and distribution, hosts this premier platform for cultivators, breeders, and distributors to showcase their exceptional plant varieties and connect with global partners.
After protracted negotiations, India and Iran are set to sign a long-term contract for the development of Chabahar Port. The agreement will cover a period of 10 years and aims to accelerate the development of the strategically important port. The Chabahar Port, located in southeastern Iran, provides India access to markets in Afghanistan and Central Asia. It also serves as a strategic gateway for the International North-South Transport Corridor. The contract signing is expected to take place after India’s general election in the second half of 2024.
A coalition of US solar manufacturers has petitioned the federal government to impose tariffs on imports of solar cells and modules from Cambodia, Malaysia, Thailand, and Vietnam. The companies allege that these countries are flooding the US market with cheap products that are subsidized by their governments, which is hurting the domestic industry. The petition has divided the US solar industry, with manufacturers such as First Solar supporting tariffs and the Solar Energy Industries Association opposing them.
An explosion near the strategic Bab el-Mandeb Strait may indicate a resumption of attacks by Yemen’s Houthi rebels, despite a recent lull due to US-led airstrikes. The strait is a vital waterway for international trade and aid, connecting the Red Sea to the Gulf of Aden. The Houthis have launched over 50 attacks on shipping since November, including seizing and sinking vessels. The US-led airstrike campaign has temporarily reduced the frequency of these attacks, but the Houthis have vowed to continue their assault until Israel ends its war in Gaza.
A delegation led by the Chairman of the China Council for the Promotion of International Trade (CCPIT) visited . The visit focused on the China- Business Assembly Forum and a roadshow for the 2nd China International Supply Chain Expo (CISCE). Several agreements were signed, including a memorandum of cooperation and letters of intent for participation in the upcoming expo in November. These agreements mark a further step in the strong trade partnership between the two nations.