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03 / 2024

India lowers import tariffs on electric vehicles to attract global car companies

The Indian government has decided to lower import tariffs on electric vehicles on the condition that global automakers need to invest and build factories in India in order to make India a global manufacturing hub for electric vehicles.

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03 / 2024

Argentina fully liberalizes imports of necessities of life to cope with high inflation

The government opened up food and medicine imports, shortened payment terms, aimed at lowering prices, mitigating inflationary pressures and increasing market competitiveness.

15

03 / 2024

China cancels U.S. wheat orders on a large scale

Chinese buyers have repeatedly canceled U.S. wheat orders, reaching a total of 50.4 million tons.U.S. wheat exports have fallen to the lowest level in half a century, replacing Brazil with the U.S. as the world’s largest corn exporter.

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03 / 2024

South Korea accelerates the diversification of its mineral supply chain to reduce its dependence on China

The South Korean government and major enterprises are taking action to reduce China’s dependence on key mineral resources such as lithium hydroxide and titanium, in response to changes in the global trade environment.

14

03 / 2024

China becomes the main importer of Russian oats, promoting bilateral trade

Two months before 2024, China surpassed other countries to become the largest importer of Russian oats, promoting agricultural cooperation between the two countries, and Russia plans to strengthen food trade within the framework of the BRICS countries.

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03 / 2024

Brazil to become world’s third largest cotton producer

Brazils cotton output is expected to increase by 23.7% in 2023-24 to 1.4 million packs, hoping to surpass the United States to become the worlds third largest cotton producer, promoting the development of the textile industry.