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?
... 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
... 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
... 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
... 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?
... 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
... 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
... 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
... The five species are listed in the Convention on International Trade in Endangered Species of Fauna and Flora (CITES), which regulates their trade internationally...
UK announces plan to boost overseas trade
The government has announced plans to boost the UK's annual exports to £1 trillion by The End of the decade.
The Made in the UK, Sold To The World plan is intended to help firms seize new opportunities in global markets.
Last Year , the UK exported about £600bn in goods and services. But only one in 10 British firms trades overseas.
International Trade Secretary Anne-Marie Trevelyan said it was " vital" for companies to " unleash their full exporting potential".
As part of the 12-point plan, government agencies such as UK Export Finance will offer new services to help UK exporters to secure business.
There will also be a new UK trade show programme to give UK companies help in exhibiting their products at international events.
BBC global trade correspondent Chris Morris says such targets have been set before, but not achieved.
But The Task has acquired a new urgency, because in other rich countries, exports have recovered more quickly from coronavirus-related lockdowns.
However, the context the government does not mention is Brexit, our correspondent adds.
He points out that it is much harder to export to the European Union (EU) under the UK's new free trade deal than it was in the single market.
Meanwhile, The Independent forecaster The Office for Budget Responsibility estimates exports to the EU will be about 15% lower in the Long Run .
" Businesses have been tackling head-on The Challenges Brexit has thrown at them for The Best part of five years, " said Emma Rowland, policy adviser at The Institute of Directors.
There were new opportunities across The World , but EU member states should not be overlooked, as they remained the UK's largest export markets, She Said .
" While there is significant potential for trade activity in the wider world, the government must secure a pragmatic solution to The Challenges of exporting to the EU, " she added.
" Only then will UK exporting be able to realise its full potential. "
Source of news: bbc.com