The UAE entered the world’s top 10 goods exporters in 2025 after merchandise exports reached $707 billion and total trade rose to $1.637 trillion.
World Trade Organization
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WTO ministers ended talks without renewing the digital tariff moratorium, leaving e-commerce duties unresolved and reform work unfinished.
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Trump declared a 25 percent tariff on Iran trading partners, bypassing formal process and creating uncertainty for exporters, importers and foreign governments.
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The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official details.
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WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions.
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The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc’s biggest trade clash in a decade.
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India led a WTO meeting discussing resilient trade strategies, digital solutions for trade barriers, and climate action tailored for developing nations, fostering inter-regional cooperation.
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New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual Confederation of Indian Industry (CII) conference. Prominent figures such as …