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Switzerland eyes great potential for developing trade with Russia
Swiss companies consider Russia and the Eurasian Economic Union as an important market with a high growth potential, the head of Switzerland’s Department of Foreign Affairs Ignazio Cassis said in an interview with TASS published on Wednesday.
Japan incurs goods trade deficit in May amid US-China tensions
Japan’s goods trade balance logged its first deficit in four months in May on sluggish exports to China amid Beijing’s economic friction with the US, government data showed Wednesday.
Iran, Russia sign nine pacts to expand economic ties
Tehran and Moscow signed nine agreements in the closing ceremony of the 15th joint economic cooperation meeting of Iran and Russia in the central city of Isfahan on Tuesday.
Minister: Moscow eager for stronger economic ties with Tehran
Russian Minister for North Caucasus Affairs Sergei Chebotarev reiterated on Monday that his country is eyeing stronger economic relations with Iran, and asked the two countries to appoint special envoys to follow up the expansion of bilateral ties.
Iran, Russia, Azerbaijan to boost trilateral cooperation
Presidents of Iran, Russia, and Azerbaijan will convene in the Russian resort city of Sochi in August to further work on ways to boost tripartite cooperation to form a strong regional bloc of trade and transit.
Russia, India enhance China's trade within SCO amid tariff war
China's trade volume with the Shanghai Cooperation Organization (SCO) stood at $337 billion in 2018, a rise of $47 billion since 2013, with Russia and India emerging as Beijing's biggest trading partners within the Eurasian bloc, according to a recent study by the Shanghai Cooperation Organization United Center for Business Cooperation, a copy of which was provided exclusively to CGTN Digital.
Businesses showing discontent with Trump’s trade policies
US President Donald Trump’s aggressive and wildly unpredictable use of tariffs is spooking American business groups, which have long formed a potent force in his Republican Party.
Seoul asks Washington to resolve difficulties of South Korean firms
South Korea’s finance minister called for positive US consideration in resolving difficulties facing smaller South Korean companies due to US sanctions on Iran, the Finance Ministry said on Monday.
UK signs post-Brexit free trade deal with South Korea
The UK and South Korea signed an outline free trade agreement (FTA) that seeks to maintain existing trade arrangements post-Brexit.
Japan's Q1 GDP grows at faster pace, but trade war blunts outlook
Japan’s economy grew slightly faster than initially estimated in the first quarter, thanks to stronger capital spending, but analysts say global trade tensions remain a drag on growth and raise risks to the outlook for the export-reliant nation.
China says its May trade surplus was $41.65b, significantly more than expected
China said on Monday its overall trade surplus was $41.65 billion last month, significantly more than expected as the trade impasse between Washington and Beijing drags on.
G20 warns ‘intensified’ trade tensions hurt global growth
Finance officials from the Group of 20 (G20) countries say that global trade and geopolitical tensions have “intensified,” warning that they could pose risks to global growth.
China may restrict tech access in spiraling US trade dispute
China is creating a system to protect its technology, according to state media, as the US restricts the access of Chinese companies to American technology in a spiraling trade dispute.
G-20: Deepening trade tensions pose threat to world economy
After days of wrangling over the wording of a communique, finance chiefs from the world’s largest economies have warned that escalating trade and geopolitical tensions pose the biggest risk to global growth.

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