IPEF nations are losing interest, trade group official warns
“‘IPEF is going to have to produce concrete, tangible and commercially relevant results in order to really maintain the bandwidth and interest of our partners in the IPEF context, particularly in Southeast Asia this year.’”
[South China Morning Post]
UK issues critical imports and supply chains strategy
“The strategy sets out how government will work with business and international partners across 5 priorities.”
[UK Department of Business and Trade]
Maersk, Hapag-Lloyd to form new shipping alliance
“The container shipping giants … set a target to deliver schedule reliability rates of above 90 percent once the network is fully phased in—a lofty goal considering these rates were just 61.9 percent in November 2023.”
[Sourcing Journal]
African bloc to expand free-trade pilot to 31 countries
“AfCFTA has a potential market of 1.3 billion people with a combined gross domestic product of $3.4 trillion, and could be the world’s biggest free-trade zone by area when the treaty becomes fully operational by 2030.”
[American Journal of Transportation]
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