Brazil has eliminated import tariffs for almost a thousand IT, telecommunications, and medical equipment products, but has decided to keep taxes unchanged on GPUs, essential components for data centers and artificial intelligence. The decision was made by the Executive Management Committee of the Foreign Trade Chamber (Gecex-Camex), based on the understanding that the products covered...Read More

The Reserve Bank of India on Tuesday extended the enhanced export credit period of up to 450 days for pre-shipment and post-shipment finance for disbursals made till June 30, citing continuing logistical disruptions due to the ongoing West Asia crisis. The central bank had first introduced the measures in November 2025 amid the US tariff...Read More

The Cabinet Committee on Government Purchase (CCGP) on Tuesday approved several key procurement proposals including the import of a large consignment of MOP fertiliser from Russia and a cost variation for the rehabilitation of Kulaura-Shahbazpur railway section. The meeting, chaired by Finance and Planning Minister Amir Khosru Mahmud Chowdhury, also rejected a cost variation...Read More

A month-long conflict between Iran and Israel and their surroundings is sending shockwaves through global trade routes, triggering a sharp rise in costs and a decline in export orders for Bangladesh, industry insiders and economists say. The fallout, marked by soaring freight rates, disrupted supply chains, volatile energy prices and weakening demand, has placed Bangladesh’s...Read More

As the escalating US-Israel war on Iran drives a global fuel supply crisis, New Zealand is eyeing two major – and very different – projects aimed at bolstering its long-term energy security. While one risks deepening the country’s reliance on the very fossil fuel systems now in turmoil, the other offers a more sustainable alternative....Read More

New Delhi: Record difference between the price of crude oil and refined diesel amid the Iran war pushed India to increase diesel exports 20% month-on-month in March, even as overall refined product exports fell 8%, according to shipping data. India exported 12.90 million barrels of diesel during the March 1-28 period, up from 10.74 million...Read More

South Korea has purchased Russian naphtha for the first time in four years as disruptions linked to the effective closure of the Strait of Hormuz force refiners to seek alternative supplies. LG Chem bought 27,000 metric tons of naphtha, according to sources cited by the Yonhap News Agency, with shipments expected to arrive on Monday....Read More

Traders operating along Arakan (Rakhine) State’s border with India’s Mizoram State have reported that the Mizoram government recently imposed restrictions on cross-border fuel exports. In the third week of March, authorities in Lawngtlai, Siaha, and Lunglei abruptly banned all fuel exports across the border. The directives cited concerns over potential fuel shortages linked to conflicts...Read More

A search warrant was also executed on the ship’s crew at Villawood Immigration Detention Centre where a number of items of clothing were seized for forensic examination. Further evidence seized has allegedly linked six members of the ship’s crew to at least one drop-off of drugs within Australia’s territorial waters. On Saturday, March 28, AFP...Read More

New Law Cuts Jail for Minor Export Crimes The recent Jan Vishwas Bill marks a strategic shift in India’s economic policy, moving towards ‘trust-based governance.’ This law aims to end the practice of jailing people for minor offenses in key export areas like textiles, handloom, and agriculture. Instead, it proposes replacing prison sentences with monetary...Read More