More than 20 vessels were dispatched last week to relieve Hanjin ships on trade routes to North America, Europe and Southeast Asia, said a South Korean finance ministry official.
View the discussion thread.
The EU remains the largest market for local exports – importing some 83 000 tonnes.
Conflict between Israel and Iran is driving up international oil prices.
Liberia in 2022 became the world’s largest ship register in terms of deadweight tonnage.
For the first 10 months of the year, vehicle exports were 23.1% below the corresponding period in 2023.
The CIIE coincides with the US presidential election, an event that could bring new China-centric policies.
The new law promotes local content as a development strategy to enable national participation.
The Philippine Coast Guard has intensified its search for the missing vessel.
Strategy focuses on harmonising Sanitary and Phytosanitary measures, and establishing equivalence in standards.
The removal of all barriers to intra-African trade is not enough. – UN Economic Commission for Africa.
In 2023, the main imports were electrical and electronic equipment ($7.7bn), machinery ($4bn), vehicles ($1bn) and iron and steel ($623 million).
Local growers currently spend approximately R3.7 billion annually to comply with EU measures.
