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January 30, 2023 Today’s Economic and Trade Consulting

2023-01-30


1. EU Council: Extending economic sanctions against Russia for 6 months
The Council of the European Union (EU) announced on January 27 that it will extend economic sanctions against Russia for six months, until July 31, 2023. The sanctions currently cover a number of areas, including trade, finance, science and technology and dual-use goods, industry, transport and luxury goods industries, and also include a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU, the exclusion of several Russian banks from the Society for Worldwide Interbank Financial Communications (SWIFT) payment system, and the suspension of the broadcast licenses of some Russian media.


2. The State Council approved the establishment of China-Indonesia Economic and Trade Innovation and Development Demonstration Park and China-Philippines Economic and Trade Innovation and Development Demonstration Park
According to the Chinese government website, the State Council recently issued the "Approval on the Establishment of China-Indonesia Economic and Trade Innovation and Development Demonstration Park" and "Approval on the Establishment of China-Philippines Economic and Trade Innovation and Development Demonstration Park", agreeing to establish the China-Indonesia Economic and Trade Innovation and Development Demonstration Park in Fuzhou City, Fujian Province and the China-Philippines Economic and Trade Innovation and Development Demonstration Park in Zhangzhou, Fujian Province. The approval for the establishment of China-Indonesia Economic and Trade Innovation Development Demonstration Park in Fuzhou City, Fujian Province and China-Philippines Economic and Trade Innovation Development Demonstration Park in Zhangzhou City, Fujian Province.


3. Maersk and MSC will terminate the operation of 2M alliance in 2025
Shipping giants Maersk and Mediterranean Shipping Company (MSC) announced that they have also agreed to cease operating the 2M alliance, a capacity-sharing agreement, from January 2025 so that the two companies can continue to focus on their respective strategic developments. The statement noted that 2M is a container shipping company common class agreement.


4. Shopee on line WeChat seller to enter the small assistant
January 30 news, Shopee for non-resident sellers on line seller in small assistant, to help sellers convenient to move in. After the submission of audit information, sellers can be submitted to the "Submit Success" page, scan the QR code to add a small assistant to move in, the first time to grasp the seller's exclusive move in dynamics, light speed store, early entry burst single. At the same time, you can also accelerate the connection to the exclusive account manager.


5. Mexico is the world's fastest-growing e-commerce
January 30 - David Giesen, CEO of Mercado Mexico, confirmed that 288,000 Mexican households derive the majority of their revenue from the Mercado platform. david explained that for the past three years, Mexico has been the fastest growing country in the world for e-commerce. in 2019 it grew 35%; by 2020, it grew 81% due to the epidemic. Growth slowed last year, but continues at a respectable rate: 27%.


 

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