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Economics Gazette

Economy and Business news

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December 10, 2019

Trade

UN sanctions

The UN Security Council imposed new sanctions against North Korea

The UN Security Council Sanctions Committee sanctions 27 vessels, 21 shipping companies and one individual, at the request of the US. The unanimous approval of this historic package of sanctions is a clear sign that the international community is united in the effort to maximize pressure on the North Korean regime. The new package of

Liam Fox

Britain hopes to conclude 40 trade agreements after Brexit

Britain hopes to conclude 40 trade agreements with 70 countries by the end of the transition period after Brexit in 2020, revealed the Foreign Minister Liam Fox. According to him, the negotiations with all these countries have already started and they have agreed to such a result. The UK will have to continue to observe

venezuela

Switzerland introduced sanctions against Venezuela

Switzerland introduced sanctions against Venezuela on Wednesday for suspected human rights violations. It followed the example of the European Union from January 22, which introduced sanctions against the government in the South American country. The neutral Switzerland said it was seriously concerned about the repeated violations of individual freedoms in Venezuela where the principle of

customs duties

American customs duties may confront Germany and France

Germany is ready to offer trade concessions to the US in order to prevent the imposition of customs duties on European aluminum and steel imports, demonstrating its differences with France regarding methods of avoiding a trade war. The authorities in Berlin are ready to discuss with the European Union any options to counteract the US

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