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The Latest Breaking News from International Trade

Consumers at risk due to post-Brexit regulatory system, Commons committee warns

The Commons Public Accounts committee has warned that regulators are ‘struggling to recruit and retain the skills they need to regulate effectively’.

The Independent UK

Liz Truss news - live: Kwarteng bows to pressure to bring forward medium-term budget

It follows warnings of a ’mortgage ticking time bomb’

The Independent UK

Labour demands probe over top job for Jacob Rees-Mogg's ex-business partner

Critics lashed out at 'cronyism' after Dominic Johnson, who set up Somerset Capital Management with the now-Business Secretary in 2007, was named as a Trade Minister

Daily Mirror

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A secretive legal system lets fossil fuel investors sue countries over policies to keep oil and gas in the ground – podcast

A new barrier to climate action is opening up in an obscure and secretive part of international trade law, which fossil fuel investors are using to sue countries if policy decisions go against them.

The Conversation

UK-Morocco trade deal did not get consent of Western Sahara people, court told

The Western Sahara Campaign UK has brought legal action against the Department for International Trade and the Treasury,

The Independent UK

Badenoch urges colleagues: We need to have dissent in a grown-up fashion

Kemi Badenoch spoke about the need for ‘unity’ and to ‘get behind the Prime Minister’.

The Independent UK

Anger as Rees-Mogg’s former business partner made minister

Dominic Johnson will be made a life peer serving as a minister in the Department for International Trade and the Cabinet Office

Evening Standard

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Anger as Rees-Mogg’s former business partner made government minister

Dominic Johnson will be made a life peer serving as a minister in the Department for International Trade and the Cabinet Office.

The Independent UK

Egypt Says Supports African Accreditation System to Develop Intra-Trade

Egypt's Minister of Trade and Industry Ahmed Samir asserted that Cairo supports establishing an internationally recognized African accreditation system as an essential pillar for developing intra-trade within the continent. The system also seeks to increase the competitiveness of Africa's exports to various global markets, increase international trade rates, and meet…

Asharq Al-Awsat

India’s campaign for rupee trade finds fans from Russia to UAE

NEW DELHI: Indian tea exporters are getting interest from the United Arab Emirates and sanctions-hit Russia and Iran to pay in rupees, a nod toward the government’s plan to settle international trade in the local currency.

The Times of India

Saudi SAR Signs Agreements, MoU to Develop Railways

The Saudi Railways Company (SAR) concluded several agreements and memoranda of understanding with global partners to achieve the objectives of the national strategy for transport and logistics. SAR participated in InnoTrans and the international trade conference in Berlin. SAR awarded a contract to the French electronics company Thales for developing…

Asharq Al-Awsat

New Authority in Jeddah Seeks to Promote Development

The city of Jeddah, located on the western coast of Saudi Arabia, is preparing for a new phase of development, with the transformation of the city’s project management office into the Jeddah Governorate Development Authority. Jeddah is the gateway to international trade and foreign markets. It accommodates one the most…

Asharq Al-Awsat

Shopee inks pact to help empower SMEs

The Commerce Ministry's International Trade Promotion Department on Monday signed a Memorandum of Understanding (MoU) with Shopee, an e-commerce platform, to empower small and medium-sized enterprises (SMEs) to showcase their quality products and sell their products online.

Bangkok Post

South Africa’s farm exports are an economic lifeline – with weak spots

International trade has been at the core of South Africa’s agricultural progress since the early 2000s. Since 1994, the country has excelled in opening up new markets, as evidenced by several free trade agreements with critical regional and international markets.

The Conversation

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Bangkok Post

Thai traders join halal boom

Muslim population growth and trust in halal-certified foods are creating new opportunities in the world's halal food market for Thai halal food traders, say exhibitors.

The Independent UK

Truss and Kwarteng’s old departments reprimanded for failing to comply with transparency laws

Department for International Trade given its first enforcement notice in seven years

Wales Online

Liz Truss's cabinet in full as new Prime Minister rewards allies

A major reshuffle of the top jobs in government has now been completed

Glasgow Live

New Prime Minister Liz Truss Scottish connections as she went to school in Paisley

The former Secretary of State for International Trade has been appointed Leader of the Conservative Party, and will take up position as Prime Minister in a ceremony performed by the Queen.

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Manchester Evening News

Who is expected to be in Liz Truss' new Cabinet?

The new Prime Minister will be finalising her Cabinet roles

AAP

Britain pledges nuclear submarines support

Britain stands ready to help Australia with a new fleet of nuclear-powered submarines, UK international trade minister Anne-Marie Trevelyan says.

The Independent UK

Ukraine and UK in talks over ‘landmark’ digital trade deal to help war-torn country

UK will use ‘trade as force for good,’ says International Trade Secretary

The Independent UK

UK and Ukraine kick off talks on digital trade deal to help war-torn country

The International Trade Secretary Anne-Marie Trevelyan said the UK will use ‘trade as a force for good’.

Bangkok Post

Department urged to help stimulate exports to China

Commerce Minister Jurin Laksanawisit has ordered the International Trade Promotion Department to speed up the organisation of online business matching with Chinese and Hong Kong importers to boost Thai exports to China after China hit Taiwan with trade curbs amid tensions over the visit of US House Speaker Nancy Pelosi…

The Guardian - UK

Call for hippos to join list of world’s most endangered animals

New classification would mean a total ban on international trade in the animal’s body parts, as climate crisis and poaching hit populations

The Times of India

New bench of traders muscle in to supply Russian oil to India

NEW DELHI: India is set to get more channels to buy cheap Russian oil, with a new wave of smaller, international traders muscling into its vast market by offering barrels shunned by rivals after the invasion of Ukraine.

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