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South Korea’s Acting President Seeks Mutually Beneficial Trade Deal with U.S.

In the approaching trade negotiations with the United States, South Koreas acting president, Han Ducksoo, anticipates a winwin outcome. U.S. Treasury

In the approaching trade negotiations with the United States, South Koreas acting president, Han Ducksoo, anticipates a winwin outcome. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet with Finance Minister Choi Sangmok and Industry Minister Ahn Dukgeun on April 24 in Washington to discuss the matter. Reports indicate that Seouls involvement in US efforts to limit trade with China may be on the agenda however, this has not been confirmed. Recognising that negotiations might not be simple, Han emphasised South Koreas resolve to put its own interests first while fortifying its economic partnership with the United States. China has warned against larger economic agreements at its price and criticised Washingtons trade policies. Read More..

B2B Tech News | 1 months ago        

NDB Expands Cooperation with Bangladesh, Focusing on Infrastructure and Sustainability

Working on sustainable development and infrastructure projects, the New Development Bank NDB is fortifying its relationship with Bangladesh. In order

Working on sustainable development and infrastructure projects, the New Development Bank NDB is fortifying its relationship with Bangladesh. In order to examine funding options, NDB Vice President Vladimir Kazbekov recently travelled to Dhaka and met with Chief Adviser Muhammad Yunus and other officials. Bangladeshs national priorities and the UN Sustainable Development Goals are in line with the banks mission to support renewable energy, transport, water supply, and digital infrastructure. To further demonstrate its dedication to multilateral financial cooperation, NDB is thinking of providing subsidies for particular projects. Global collaborations are crucial for promoting economic growth and development, and the talks underscore Bangladeshs increasing involvement with international financial organisations. Read More..

B2B Tech News | 1 months ago        

Brazil Leverages Agricultural Strength to Expand Exports Amid U.S.China Trade Tensions

Amid economic concerns between the United States and China, Brazil is establishing itself as a global leader in food, using its agricultural prowess t

Amid economic concerns between the United States and China, Brazil is establishing itself as a global leader in food, using its agricultural prowess to boost exports. Carlos Fávaro, Brazils Minister of Agriculture, highlighted the nations position as a dependable food provider during the BRICS agriculture ministers conference, especially since China banned the import of beef from 395 U.S. processing facilities. Brazil has increased its productive capacity by restoring more than four million hectares of degraded land. With an emphasis on sustainable growth and land restoration, the nation seeks to deepen commercial ties among the BRICS countries. Brazil sees a chance to expand its market share and solidify its agricultural dominance as global commerce changes. Read More..

B2B Tech News | 1 months ago        

JD Vance Visits India to Strengthen Economic Ties and Advance Trade Agreement

To further negotiations on a bilateral trade agreement and fortify economic relations, U.S. Vice President JD Vance is travelling to India. Tariff red

To further negotiations on a bilateral trade agreement and fortify economic relations, U.S. Vice President JD Vance is travelling to India. Tariff reduction, defence cooperation, and semiconductor and renewable energy partnerships are the main agenda items for his meeting with Prime Minister Narendra Modi. To complete the agreement, India would lower tariffs on more than half of its imports from the United States, which would be worth $41.8 billion in 2024. The agreement is critical for both countries because of the current global trade tensions and Trumps threats of retaliatory tariffs. The United States continues to be Indias greatest economic partner, with bilateral trade reaching $129 billion in 2024. The talks are intended to address regional security issues and strengthen strategic alignment. Read More..

B2B Tech News | 1 months ago        

PM Modi and Elon Musk Discuss Collaboration in Technology and Innovation

Continuing from their February meeting in Washington, D.C., Prime Minister Narendra Modi and Elon Musk talked about the enormous potential for coopera

Continuing from their February meeting in Washington, D.C., Prime Minister Narendra Modi and Elon Musk talked about the enormous potential for cooperation in technology and creativity. Modi underlined Indias dedication to strengthening ties with the United States, especially in the areas of sustainable development, artificial intelligence, and space research. Musk showed interest in Indias reform initiatives and its emphasis on maximum governance with less government. Opportunities to strengthen collaboration in entrepreneurship and emerging technologies were also discussed, underscoring Indias expanding position in the global IT scene. A possible entry into the Indian market is indicated by the fact that Musks businesses, such as Tesla and Starlink, are looking at investment prospects there. Read More..

B2B Tech News | 1 months ago        

China’s ENN and Zhenhua Oil Secure LongTerm LNG Deals with ADNOC.

ChinaUAE energy relations have been strengthened with the signing of longterm LNG supply contracts with Abu Dhabi National Oil Company ADNOC by Zhenhu

ChinaUAE energy relations have been strengthened with the signing of longterm LNG supply contracts with Abu Dhabi National Oil Company ADNOC by Zhenhua Oil and ENN Natural Gas. ENN landed ADNOCs biggest LNG contract with a Chinese client, securing a 15year contract for 1 million metric tonnes of LNG per year. Zhenhua Oil, on the other hand, agreed to a fiveyear contract beginning in 2026, receiving up to 12 cargoes annually, with deliveries correlated with Brent oil benchmarks and the Japan Korea Marker. In order to emphasise ADNOCs expansion strategy in China, the agreements were formally signed during the opening of the companys Beijing headquarters, which CEO Sultan Al Jaber attended. Read More..

B2B Tech News | 1 months ago        

Nigeria and South Africa Sign Landmark Mining Cooperation Deal in Abuja

South Africa and Nigeria have inked a mining cooperation pact to increase technology transfer, investment, and information sharing. Formally signed in

South Africa and Nigeria have inked a mining cooperation pact to increase technology transfer, investment, and information sharing. Formally signed in Abuja, the agreement focuses on collaboration in the exploration of Nigerias agro and energy minerals, mineral data sharing, and droneassisted geological mapping. Nigeria wants to revitalise its undeveloped mining industry, which accounts for less than 1% of its GDP and is rich in gold, limestone, lithium, iron ore, and zinc. Due to its wellestablished mining experience, South Africa is an important collaborator in this endeavour. According to officials, the deal will make Nigeria a significant player in the world resources market by promoting industrialisation, generating jobs, and bolstering intraAfrican commerce. Read More..

B2B Tech News | 1 months ago        

Egypt’s Suez Canal Revenue Plummets by Nearly TwoThirds Amid Red Sea Attacks

From $10.25 billion in 2023 to $3.99 billion in 2024, Egypts Suez Canal revenue fell by almost twothirds. Regional conflicts are mostly to blame for t

From $10.25 billion in 2023 to $3.99 billion in 2024, Egypts Suez Canal revenue fell by almost twothirds. Regional conflicts are mostly to blame for the reduction, especially the Houthi rebel strikes on merchant vessels in the Red Sea that caused maritime routes to be disrupted. Two ships were sunk and four people were killed when more than 100 ships were targeted between November 2023 and January 2024. According to the Suez Canal Authority, only 13,213 ships travelled through in 2024, a 50% decrease from the year before. Although the IMF cautions that trade through the canal dropped 50% in early 2024, creating concerns about the stability of the global supply system, Egypt still offers navigational services despite the turmoil. Read More..

B2B Tech News | 1 months ago        



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