South Korea's trade minister asked his British counterpart to exempt imports of Russian liquefied natural gas from upcoming UK sanctions, citing potential threats to Seoul's energy security and long-term contracts.
Donald Trump's administration imposed new 12.5% tariffs on Australian exports, citing a failure to combat forced labor, a claim the Albanese government disputes. Australia's trade minister called for immediate removal, stating the tariffs are unjustified and inconsistent with their free-trade agreement.
Russia is developing financial and leasing instruments to support its aircraft exports to foreign markets, according to Industry and Trade Minister Anton Alikhanov. Discussions are underway regarding the involvement of GTLK or Rostec in these mechanisms, with foreign partners showing interest, particularly India and Indonesia.
China's Commerce Minister Wang Wentao urged the Netherlands to create a fair business environment for Chinese companies and resolve disputes involving relevant enterprises during a meeting with Dutch trade minister Sjoerd Sjoerdsma. Both sides aim for a "clean break" from previous frictions, particularly concerning Nexperia.
S7 Airlines intends to buy between 70 and 100 fully domestically produced Tu-214 passenger jets. Russian Industry and Trade Minister Anton Alikhanov stated that the United Aircraft Corporation is in talks with S7's main shareholder regarding delivery terms and commercial issues.
Russian PM Mikhail Mishustin will address the Innoprom International Industrial Exhibition in Yekaterinburg on Monday. He will also meet with heads of government from the Eurasian Economic Union (EAEU) member states attending the event.
India's trade minister, Piyush Goyal, stated that the trade deal with the US is delayed due to a 50% tariff on Indian goods. New Delhi seeks preferential market access through the pact.
South Korea's Trade Minister Yeo Han-koo met with officials to discuss countermeasures against proposed US tariffs on dozens of countries, including South Korea, over alleged failure to enforce import bans on products made through forced labor.
The Eurasian Economic Union (EAEU) is exploring free trade agreements with Tunisia, Pakistan, and several African nations, with negotiations with India at an advanced stage.
South Korean Trade Minister Yeo Han-koo attended the OECD Ministerial Council Meeting in Paris, presenting the nation's industrial policies on AI transformation, clean energy, and regional growth. He also held bilateral talks with officials from the US, EU, France, Britain, Argentina, and Brazil on trade issues and cooperation.
South Korean Trade Minister Yeo Han-koo urged the U.S. to resolve trade issues, including a Section 301 probe on forced labor imports, within the existing bilateral tariff agreement. The U.S. proposed tariffs on goods from 60 economies over alleged failure to enforce import bans on forced labor products.
South Korean Trade Minister Yeo Han-koo urged the U.S. to address trade issues, including a Section 301 probe on forced labor imports, within the existing bilateral tariff agreement. The U.S. proposed tariffs on goods from 60 economies over alleged failure to enforce import bans on forced labor products.
South Korean Trade Minister Yeo Han-koo urged the EU to grant favorable treatment to Korean firms under its new, stricter steel safeguard measures set to be implemented next month. The EU's new system will halve tariff-free steel import quotas and double tariffs on excess imports, potentially impacting Korean steel, automotive, and home appliance sectors.
The US has imposed a 12.5% trade tariff on Australia and 53 other countries for allegedly failing to prevent imports of goods made with slave labor. Australia disputes the findings, citing its robust modern slavery legislation, and is seeking clarification from US officials.
Canada has formally requested a 16-year renewal of the USMCA trade pact with the US and Mexico, as a July deadline approaches. Trade Minister Dominic LeBlanc is in Washington for talks with US Trade Representative Jamieson Greer, but disagreements persist over tariffs and auto manufacturing content.
Canada has formally requested a 16-year renewal of the USMCA trade pact with the US and Mexico, as a July deadline approaches. Trade Minister Dominic LeBlanc seeks to remove sector-specific tariffs, while US Trade Representative Jamieson Greer indicates potential US tariffs and increased North American content for vehicles.
APEC trade ministers met in Suzhou, China, agreeing on a joint statement and a roadmap for services trade. The 'Suzhou Statement' and 'Roadmap' aim to boost innovation, competitiveness, and resilience in the Asia-Pacific services sector amidst global economic challenges.
South Korea's Trade Minister Yeo Han-koo met with the EU Parliament's Korean Peninsula delegation to address concerns over EU's protectionist trade measures affecting steel, automotives, batteries, and more, seeking resolution and discussing expanded supply chain cooperation.
APEC trade ministers met in Suzhou, China, agreeing on a joint statement. Taiwan proposed strengthening supply chain resilience and offered to share AI innovation and green transition experiences to deepen economic cooperation.
The 2026 APEC Trade Ministers Meeting in Suzhou concluded with agreements on the Free Trade Area of the Asia-Pacific (FTAAP) and service industry development. Discussions also focused on digital trade, aiming to stabilize expectations and foster new growth amid a complex global trade environment.
The 2026 APEC Trade Ministers Meeting in Suzhou concluded with five key achievements, including reaffirming support for the Free Trade Area of the Asia-Pacific (FTAAP), advancing WTO reform, outlining a 10-year service sector development plan, expanding digital trade cooperation, and exploring green trade initiatives.
China's Commerce Minister Wang Wentao announced that the APEC Trade Ministers' Meeting will be held in Suzhou in late May, focusing on building an Asia-Pacific community and promoting common prosperity through economic and trade cooperation.
The 2026 APEC Trade Ministers' Meeting begins in Suzhou, China, focusing on the Free Trade Area of the Asia-Pacific, multilateral trade, digital cooperation, and green economy. China, hosting APEC for the third time, aims to deepen regional integration and support the WTO.
The 2026 APEC Trade Ministers' Meeting will open in Suzhou, Jiangsu, with the "Export to China" event running concurrently. The event features 30 brand booths showcasing products from over 30 countries and regions, alongside innovative formats like live streaming sales and cultural performances.
