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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...

Ivory ban to extend to hippos and killer whales

May 18,2023 7:41 am

By Georgina RannardClimate and science reporter, BBC News

The sale of ivory from the tusks and teeth of five more species will be banned under government plans.

The import, export and dealing of elephant ivory was banned in the UK Last Year . The Animals that could join The List are killer whales, hippos, walruses, narwhals, and sperm whales.

The Creatures are hunted and killed for their ivory which is often used in decorative carvings.

The government plans to extend the Ivory Act 2018 to include them.

People found to be breaking The Law can be given unlimited fines or be jailed for five years.

Parliament must vote on the extension of The Act before it can come into force.

The species set to be included in the ban are already At Risk from Climate Change and habitat loss, and conservationists are concerned that poaching for ivory will drive them closer to extinction.

" The Ivory Act is one of the toughest bans of its kind in The World and by extending greater legal protections to five more species, We Are sending a clear message the commercial trade of ivory is totally unacceptable, " said Biodiversity Minister Trudy Harrison .

Hippos, killer whales and sperm whales are targeted for their teeth, while narwhals and walruses are hunted for their tusks.

An investigation in 2022 by found 621 individual online ivory listings in the UK, with a total guide price of over £1. 2m.

This Was a significant decrease in the volume traded before restrictions were introduced, The Charity said.

But Last Year wildlife campaigners also warned that the ban on elephant ivory trafficking had led to an increase in trade of hippo teeth.

In 2020 hippo teeth were among the mammal Body Parts most often seized in the EU, according to a

The International Fund for Animal Welfare welcomed the government's proposal.

" We welcome The Department for Environment, Food and Rural Affairs's decision to extend this powerful legislation, which will go a long way in cracking down on a damaging trade. Today is a Good Day for conservation and a step change towards international commitments to safeguard our Natural World , " said Frances Goodrum, Head of Campaigns and Programmes at IFAW UK.

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

Hippopotamus, walrus and Sperm Whale are listed as vulnerable on The International Union for the Conservation of Nature (IUCN) red list.

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Source of news: bbc.com

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