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Trade Development News
- Feb 9
- 3 min
Covid-19, e-commerce fuel illicit trade in Asean: EU-Asean Business Council
SMUGGLED wildlife, cigarettes, counterfeit medicines, substandard personal protective equipment (PPE), and even children's toys that bypass safety checks are among the worrisome goods traded in South-east Asia's illicit markets. The region's counterfeit goods market, excluding fraudulent medicines, is worth around US$35.9 billion annually, according to a 2019 report by the United Nations Office on Drugs and Crime (UNODC). It also costs governments further billions in tax reve
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Trade Development News
- Jan 21
- 2 min
China FDI rose to record level in 2020 despite coronavirus, fastest growth rate in five years
Foreign direct investment (FDI) into China rose 4.5 per cent from 2019 to US$144.37 billion last year Investment from the Netherlands and Britain increased by 47.6 per cent and 30.7 per cent, respectively, from a year earlier Foreign direct investment (FDI) into China rose to a record high in 2020 by posing the fastest growth rate in five years despite the disruptions caused by the coronavirus pandemic.
FDI in US dollar terms – excluding financial sectors such as banking, sec
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Trade Development News
- Jan 21
- 1 min
Cambodia To Implement Data Automation Between Tax & Customs Authorities
System will strengthen tax and customs cooperation, enabling instantly the sharing and exchange of data and information, including corporate tax registration, corporate import and export declaration documents, sales and purchase records, as well as other related documents. The introduction of the data automation system represents Cambodia’s optimisation of new technology to strengthen inter-institutional cooperation. Under the automated exchange system, the two tax authoritie
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Trade Development News
- Oct 16, 2020
- 3 min
CHINESE DEMAND BOOSTS COVID-19 RECOVERY
Latest Official China Trade Statistics from our partners Trade Data Monitor by Lead Economist John Miller China, the world’s most powerful trading nation, this week reported September exports of $239.8 billion, up 9.9% over a year before. The strong performance suggests that the global economy may be recovering from the devastating impact of the Covid-19 pandemic, which has infected over 38 million and killed over a million people around the world. Significantly, imports clim
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Trade Development News
- Sep 18, 2020
- 2 min
BCG: The $10 Trillion Case for Open Trade
By Pedro Anaya, Natalie Blyth, Ravi Hanspal, Michael McAdoo, Sukand Ramachandran, Krishnan Ramadurai, and Sophie Schram For the past few years, in many parts of the world, a protectionist mindset has been challenging the continuing trend of globalization. This mindset, if it spreads further, could endanger the many benefits of more open international trade—which include allowing multinational supply chains to become more flexible and versatile, giving consumers throughout the
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Trade Development News
- Sep 8, 2020
- 3 min
OFFICIAL AUG TRADE DATA: The business of China is strong
By John W. Miller, Chief Economic Analyst - Trade Data Monitor - The business of China is strong. The country’s exports increased to $235.3 billion in August, up 9.5% compared to the same month a year ago. Because China still reigns supreme as the world’s top maker and exporter of manufactured goods from car parts to computers, its trading performance is closely watched as business and government leaders try to figure out where the global economy is headed in the midst of the
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Trade Development News
- Sep 4, 2020
- 1 min
The World Macroeconomic Risk Map in 2020
Which countries have the highest levels of economic risk, and which are best positioned to continue weathering the COVID-19 storm? In times of crisis, risk is thrown under the microscope and former assumptions are reassessed. From the political climate to the flow of international trade, the impact of COVID-19 has destabilized macroeconomic conditions in many jurisdictions globally. The above Markets in a Minute chart from New York Life Investments is a macroeconomic risk map
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Trade Development News
- Aug 16, 2020
- 1 min
This is how drones and other 'tradetech' are transforming international trade
Interesting perspectives by World Economic Forum on how technology is transforming global trade. Digitalization is the key to unlocking trade potential post COVID-19 and harnessing Fourth Industrial Revolution innovations for the Great Reset. Tradetech and innovative solutions for trade facilitation are already being piloted successfully. For example, drones used for underwater inspection and port infrastructure maintenance already show how the acceleration of a tech-ready mi
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Trade Development News
- Aug 3, 2020
- 3 min
Trade Intelligence Supporting Economic Recovery Expands To Asia
As nations in Asia adapt to Covid-19, regional trade conflicts, trade embargoes and new trade deals, accurate trade intelligence is becoming a critical, precious and essential asset. US trade intelligence company Trade Data Monitor Inc (US) has signed an Memorandum Of Understanding with KW Group (Malaysia) to support their growth and business development in the Asia Pacific region. US-based Trade Data Monitor (TDM) publishes the official monthly trade statistics of over a hun
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Trade Development News
- Jun 23, 2020
- 1 min
5 ways to advance digital trade in the post-COVID world
Recommendations by GTDW Speaker Ziyang Fan Head of Digital Trade, World Economic Forum & Mike Gallaher The COVID-19 pandemic has accelerated the adoption of digital technologies and services, which have kept trade flowing even as movement has been restricted. This has highlighted the need to modernize trade rules and reverse the trend of digital protectionism. Modernizing digital trade rules will advance digital trade and create more jobs, human connections and creativity in
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Trade Development News
- Jun 11, 2020
- 1 min
UNCTAD: China's Trade Facilitation responses to the COVID-19 Pandemic
Written by: Pamela Ugaz and Sijia Sun With the unprecedented global spread of COVID-19 in only one month, the World Health Organization has declared the virus a pandemic. The COVID-19 poses a severe global threat, not only substantially impacting people and public health, but also disrupting global trade. Border agencies face the challenge of expediting imports, including donations and emergency relief while ensuring epidemic prevention and providing adequate Customs clearanc
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Trade Development News
- May 6, 2020
- 2 min
Top Investment Promotion Agencies 2020
From our partners at Site Selection Magazine we are pleased to share the top IPA's OF 2020. This is one of the very few rankings the magazine publishes based entirely on subjective input. The annual Top IPAs are selected by you, the corporate decision-makers and global site consultants who work with them day in and day out. On the following pages we join these global experts in celebrating those agencies at the top of their field. Winning agencies were selected on the followi
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Trade Development News
- Apr 22, 2020
- 1 min
The Crucial Role of FDI Attraction In Times Of COVID19
The spread of the Coronavirus and its impacts have become increasingly visible during the last weeks and affect almost all dimensions of the global economy. Thus, the flow of foreign direct investment (FDI) will not be spared from the repercussions of the COVID-19 pandemic. Recently, the UN Conference on Trade and Development (UNCTAD) published a report stating that COVID-19 “could bring global foreign direct investment flows to their lowest levels since the 2008-2009 financi
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Trade Development News
- Mar 9, 2020
- 1 min
Indonesian Customs and IBM’s Blockchain Supply Chain Platform
Indonesia’s #customs department is set to be the 11th government agency to be part of the Tradelens consortium after the realization of the benefit and advantage of making use of the TradeLens platform, other countries whose custom departments have partnered with TradeLens includes #Thailand #Canada #Azerbaijan among others. The company’s stated goal is to facilitate faster #trade and to eliminate altogether paper-based verification processes thereby paving the way for quicke
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Trade Development News
- Mar 8, 2020
- 1 min
With technology fueling illicit trade, how can governments & brand owners stay ahead?
4th GTDW Anti Illicit Trade, Brand & IPR Protection Conference & Expo, 16-18 June, Shanghai | 4th 反非法贸易，品牌和知识产权保护会议 | 全球贸易发展周-中国论坛 | 2020年6月16日至18 - 20.02 Presented in partnership with Quality Brands Protection Committee, China (QBPC) Join heads of brand protection, IPR, Customs, Police, Judiciary & Technology as they come together to discuss critical security aspects of brand protection, market integrity, counterfeiting, product smuggling and diversion, illicit threats and c
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Trade Development News
- Feb 28, 2020
- 2 min
How Can Trade Compliance Heads Leverage Data & Technology In Uncertain Times For Trade?
''Leveraging Data & Innovative Technologies to Comply with Trade Regulations, Mitigate Risks & Maintain Operating Margins in an Increasingly Uncertain Cross-Border Trade Environment" As part of the preparations for GTDW China Trade Development Forum, June, Shanghai we are pleased to announce the Trade Compliance Leaders Panel Discussion and welcome top international speakers; Dr Ali Salamat, Economic Adviser-Trade Economist, the Directorate of International Trade, Oceans and
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Trade Development News
- Feb 27, 2020
- 1 min
Ghana Single Window - UNI-PASS Unfazed By Negative Campaign
As Ghana moves to implement its new single window system with UNIPASS at GTDW China Trade Development Week we ask "Single Window: What Is The New Way Forward?" Leaders Panel led by Ricardo Trevino Chapa, Deputy Secretary General, World Customs Organisation & C. Donald Brasher, President, Trade Data Monitor: VIEW AGENDA Operators of Unviersal Press (Uni-Pass), Korea Customs Service (KCS) electronic customs clearance system for trade facilitation currently being piloted at Tako
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Trade Development News
- Feb 25, 2020
- 1 min
议程 | 中国外商投资企业协会优质品牌保护委员会 (QBPC) | 反非法贸易，品牌和知识产权保护会议
议程 http://bit.ly/3ccm7xJ 全球贸易发展周-中国论坛 | 2020年6月16日至18日 | 中国上海 第19届全球贸易发展周（GTDW）即将于上海举办，全球贸易发展周-中国论坛旨在为全球贸易领域从业者提供一个分享和交流的平台。本次论坛将通过以下方式探索全球贸易未来发展趋势，并且有效打击非法贸易： • 共享跨界优质资源 • 探讨商机对接合作 • 发掘新兴贸易科技 • 共商贸易未来倡议 • 举办各类闭门会议 2020年全球贸易发展周-中国论坛 两大分论坛议题： 1. 全球贸易便利化、合规化与数字化 2. 反非法贸易，品牌与知识产权保护 赞助商和参展商包括 技术/解决方案/创新/服务：品牌保护、防伪、知识产权保护、防伪印刷、标签和包装、射频识别（RFID）、溯源认证跟踪、在线品牌保护、调查与执法等 全球贸易发展周中国论坛诚邀海关和税务机关、贸易/经济/财政部、知识产权局、司法机关等政府部门代表，及品牌保护、贸易与海关合规领域的负责人免费出席。 本届活动的演讲者、赞助商和参展商可以邀请符合要求的代表作为活动嘉宾。 网站：www.kw
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Trade Development News
- Feb 24, 2020
- 2 min
Have You Booked Your Exhibition Space?
GTDW China Trade Development Week 2020 is CONFIRMED to take place 16-18 June, Shanghai Pudong. Co-hosted with APMEN Operational Center, Partnered with Shanghai Association of Foreign Investment & Quality Brands Protection Committee, China (QBPC). PROGRAM ENGLISH: http://bit.ly/37mxOOI PROGRAM MANDARIN: http://bit.ly/37cFLG5 EXHIBITION & PARTNERSHIPS As this is a free to attend event for delegates from Customs & Tax Authorities, Ministries of Trade/Economy/Finance, IP, Police
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