A member of the Iran-Russia Joint Chamber of Commerce has projected that over 88 percent of commodities exchanged between Iran and the member states of the Eurasian Economic Union (EAEU) will soon be subject to zero tariffs, within the next two months.
Australian desi chickpea prices rose sharply after India suspended tariffs on imports, opening the door to a revival of a trade once worth hundreds of millions of dollars.
The import of Vietnamese fresh pomelo into the Australian market may be allowed if the product meets the Oceanian country's biosecurity conditions, said the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).
With Vietnamese coffee accounting for only 2.2% of the market share in Singapore, there are sanguine prospects ahead for the product to further make inroads into the demanding market moving forward, according to the Vietnam Trade Office in Singapore.
There’s no shortage of demand for Canadian beef in South Korea, but the country’s import tariff regime is making it difficult for Canadian beef to compete with meat from the U.S. and Australia, according to the president of the Canadian Cattle Association.
Vietnamese leather and footwear exports during the opening four months of the year rose by 5.7% year on year to US$6.542 billion, according to statistics from the Vietnam Leather, Footwear and Handbag Association (LEFASO).
Russia wishes to increase mutually beneficial cooperation with Vietnam in various fields, from traditional to new ones, said Russian Ambassador to Vietnam Gennady Stepanovich Bezdetko at a press briefing in Hanoi on May 2.