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India proposed to abolish the de minimis rule in anti - dumping investigations and directly determine the tax rate based on the dumping margin. The change is expected to have a significant impact on the Indian market of enterprises from China and other countries.
On February 23, 2024, the US Department of the Treasury announced new sanctions against Russia and more than 300 entities worldwide in response to the Russia - Ukraine war and the death of Alexei Navalny. The sanctions cover key sectors such as finance and the military - industrial complex, involving 6 Chinese entities.
The British Foreign Secretary announced new sanctions against Russia, targeting arms manufacturers, oil traders, and diamond companies, aiming to weaken Putins arsenal and war funds.
US President Joe Biden announced new sweeping sanctions against Russia, triggering price surges in aluminum and nickel markets as global attention turns to sanction details and their impact on international metal supply chains.
Brazils Foreign Trade Committee has decided to impose provisional anti-dumping duties on non-surgical latex and PVC gloves originating from China, Malaysia, and Thailand for six months to protect domestic industries from foreign product dumping.
The US NSTC updates the 2024 version of the list of critical and emerging technologies, strengthening areas such as artificial intelligence and cybersecurity, aiming to enhance technological competitiveness and national security, reflecting the new trends of scientific and technological development.
The South Korean government plans to achieve a $701 billion export target in 2024, representing a 10.8% growth. It aims to consolidate markets in the US, China, and ASEAN while diversifying exports to Europe and the Middle East. The plan addresses geopolitical challenges and supports SME exports.
In 2023, Indias LNG imports increased to 22.2 million tons, an 8% increase. Qatar, the United States, and the United Arab Emirates became the main suppliers, and Russian supply was scarce.
The bilateral trade relations between Ireland and China have witnessed significant growth, and the two sides have demonstrated great cooperation potential in multiple fields. Especially in the agricultural and livestock food sector, Irelands exports to China have been continuously increasing, indicating the huge demand of the Chinese market for Irish products. With the deepening of trade exchanges between the two countries, the scope of cooperation is constantly expanding, heralding broad prospects for cooperation.
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PSB Record: Shanghai No.31011502009912
