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MY-UAE CEPA a boost for local palm oil exporters to expand in the Middle East
21-Jan-2025     Business Today
The Malaysian Palm Oil Council believes the recently signed Malaysia-United Arab Emirates Comprehensive Economic Partnership Agreement is set to deliver substantial benefits to the local palm oil industry.
Indonesia welcomes WTO ruling on EU curbs on palm oil biofuel
21-Jan-2025     Antara News
Indonesia won a WTO case against the EU regarding discriminatory biofuel regulations. The WTO ruled that the EU unfairly treated Indonesian palm oil-based biofuel, which the EU had deemed unsustainable due to deforestation concerns. This ruling is expected to impact the EU's anti-deforestation regulation (EUDR) and potentially speed up trade negotiations between Indonesia and the EU.
Malaysia, EU resume negotiations for landmark free trade deal
21-Jan-2025     The Star
Malaysia and the EU have resumed negotiations for a free trade agreement (MEUFTA). This renewed effort aims to strengthen economic ties, boost Malaysian exports (especially in electronics, palm oil, and scientific equipment), and attract EU investment in sectors like green energy and advanced manufacturing.
Nigeria’s first AfCFTA shipment arrives in Kenya
20-Jan-2025     Punch
Nigeria’s first shipment under the African Continental Free Trade Area has arrived at Mombasa Port, Kenya.
GCC eyes free trade agreement with India in 2025: Key developments at Kochi dialogue
20-Jan-2025     News of Bahrain
The Gulf Cooperation Council is set to initiate long-awaited free trade negotiations with India this year, according to its Secretary-General Jasem Mohamed Al-Budaiwi.
Sri Lanka Singapore Free Trade Agreement implementation in limbo
20-Jan-2025     economynext
Import tax reductions for the people of Sri Lanka under a free trade agreement with Singapore has been halted, suspending the implementation of the deal.
Thailand and Saudi Arabia deepen trade ties, explore free trade pact
20-Jan-2025     The Nation
Thailand and Saudi Arabia have made significant strides in strengthening their bilateral trade relations, with both countries exploring opportunities to further enhance economic cooperation.
Turkey seeks free trade deal with Syria amid criticism over skyrocketing import tariffs
20-Jan-2025     Turkish Minute
Turkey’s Trade Ministry said that the country is pursuing a free trade agreement with Syria amid mounting criticism over the Syrian government’s recent decision to standardize tariffs.
EAEU finalizes procedures necessary for FTA with Iran to enter into force
20-Jan-2025     BelTA
The countries of the Eurasian Economic Union have completed the procedures necessary for the entry into force of the free trade agreement with Iran.
Kwara garment to leverage African free trade agreement
20-Jan-2025     Business Day
Kwara Garment Factory in Nigeria plans are underway to leverage the African Continental Free Trade Agreement, and explore export opportunities across Africa.