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International Trade

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About International Trade


International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product.

Agoa Forum: Has the US trade pact benefited Africa?

Agoa Forum: Has the US trade pact benefited Africa?
Nov 1,2023 11:31 pm

... 4bn, mostly oil, while Kenya came third with about $523m, according to statistics from the US International Trade Commission (ITC) and US Department of Commerce...

Big banks linked to products with pangolin and leopard parts

Big banks linked to products with pangolin and leopard parts
Oct 24,2023 8:51 pm

... Both are also listed on the CITES (Convention on International Trade in Endangered Species of Wild Fauna and Flora) treaty which prohibits international commercial trade in them and their parts, in a bid to ensure their survival in the wild is not threatened...

Angela Rayner handed new role as Keir Starmer reshuffles top team

Angela Rayner handed new role as Keir Starmer reshuffles top team
Sep 4,2023 10:41 am

... Nick Thomas-Symonds, whose International Trade brief was merged with the business department, has been handed a more junior role shadowing the Cabinet Office...

Turtle swept 4,000 miles to Wales flies home to Texas

Turtle swept 4,000 miles to Wales flies home to Texas
Aug 30,2023 12:10 pm

... The Convention on International Trade in Endangered Species of Wild Fauna and Flora () is an international agreement between governments...

UK inflation and interest rates high - how do other economies compare?

UK inflation and interest rates high - how do other economies compare?
Jul 22,2023 9:50 pm

... Also International Trade being slower to recover from that shock than it was in other major countries...

The tech flaw that lets hackers control surveillance cameras

The tech flaw that lets hackers control surveillance cameras
Jun 26,2023 7:30 am

... Hikvision cameras are used to monitor many government buildings too - in a single afternoon in central London, Panorama found them outside the Department for International Trade, the Department of Health, the Health Security Agency, Defra and an Army reserve centre...

Labour defends donations from Just Stop Oil backer Dale Vince

Labour defends donations from Just Stop Oil backer Dale Vince
May 31,2023 5:10 am

... Shadow International Trade secretary Nick Thomas-Symonds said Labour had been " extremely clear on our views on Just Stop Oil"...

Ivory ban to extend to hippos and killer whales

Ivory ban to extend to hippos and killer whales
May 22,2023 9:20 pm

... The five species are listed in the Convention on International Trade in Endangered Species of Fauna and Flora (CITES), which regulates their trade internationally...

Boris Johnson: I crashed the car over Owen Paterson case

May 18,2023 7:41 am

Prime Minister Boris Johnson has told Conservative MPs he " crashed the car" in his handling of the case of The Party 's former MP Owen Paterson .

It Comes after Tory MPs voted through a proposal that is expected to lead to a ban on them taking paid political consultancy work.

Labour abstained from the vote, saying the government's plan was a watered down version of its own plan.

No 10 has faced weeks of political pressure over the Paterson row.

Mr Johnson has conceded publicly that he made a mistake in " conflating" changes to the Parliamentary standards system with the disciplinary process for Mr Paterson, who broke lobbying rules.

But the PM stopped short of apologising for the debacle, during a grilling by senior MPs on The Commons Liaison Committee .

'Like an old Rock Star '

In private, at a meeting of the 1922 committee of Conservative backbenchers on Wednesday night, he was even more Candid - telling them he had " crashed the car" over the Paterson case.

His message was greeted with the traditional desk banging to show approval, but some MPs leaving The Meeting had a more downbeat assessment.

One told The Bbc the Prime Minister had looked and sounded " weak". Another, who backed him in The Leadership campaign, said The Meeting had been " very flat" with " hostile questioning from all factions".

BBC Newsnight's political editor Nicholas Watt said one Brexit grandee told him " it was Awful - he's like an old Rock Star in need of new material".

Labour wanted the standards committee to draw up new rules by 31 January to implement the ban on MPs working as political consultants.

But the government ordered its MPs to vote against the opposition's motion, defeating it by 51 votes.

The government's amendment was passed by 297 to zero, after Labour ordered its MPs not to take part.

Under the government's plan any outside role, paid or unpaid, should be " within reasonable limits" and not stop MPs fully serving their constituents.

This is yet to be defined, but International Trade Secretary Anne-Marie Trevelyan has suggested 15 hours a week would be a reasonable limit.

In a statement after the vote, the government said MPs had backed updating The Code of conduct for MPs.

" This means that MPs will be banned from acting as paid political consultants or lobbyists and that MPs are always prioritising their constituents, " it said.

" This will strengthen our Parliamentary System and we will work on a cross-party basis to achieve this. "

The Commons Committee on Standards is due to report its recommendations early next year.

The Committee 's chairman, Labour MP Chris Bryant , said it would then be up to ministers to find the necessary time to debate any planned changes.

On Wednesday night, MPs did vote to tighten up The Rules on what they are allowed to do to earn money on the side.

Or, at least, that when there are precise proposals, they will make decisions on it, at some not entirely precise date in The Future . .

No 10 hopes that it will be The End - or at least the beginning of The End - of the self-inflicted fortnight of bad headlines and claims of sleaze that have come, day after day after day.

And, with that, allow the government to move on to make noise about what they are trying to get done, rather than the things that are Going Wrong .

Will they get their way?

Arguments over second jobs held by MPs outside of Westminster have intensified in recent weeks in The Wake of the Owen Paterson case.

The Conservative MP was found to have broken Commons rules by using his position to Lobby for two companies paying him.

The government tried to block his suspension from Parliament and get the whole disciplinary process for MPs reviewed.

But it abandoned The Plan A Day later, after an outcry from opposition MPs and some Tories. Mr Paterson then resigned as an MP.

Appearing in front of the Liaison Committee , Mr Johnson said he believed the MP had broken The Rules , saying it was " extraordinary" that some of his colleagues " behave in these ways".

What are the current rules about second jobs?

There's nothing to stop MPs - other than ministers - doing extra work on top of The Job they were elected to do.

The Rules do not prohibit them earning money - in addition to their £81,932 salary - or gaining greater experience of The World beyond Westminster.

So, MPs can continue to work in professions such as The Law or medicine. Or they can work as consultants for companies, offering advice on strategy.

But they must not Lobby - try to alter government Policy - for firms, individuals or organisations who pay them, or use Commons facilities to do work on behalf of employers or clients.

MPs have to register their outside earnings and if they take part in a debate or other parliamentary activities in which their employer or client is involved, they have to declare an interest.

Any breaches of Parliament's code of conduct can result in punishment, including a suspension from The Commons .

MAKING DEATH YOUR LIVING: IMAGINE One Day THE WATER JUST KEPT COMING:

Source of news: bbc.com

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