Category: Trade

Nordic perishable goods by train to China now possible: Saving up to 80 percent

Russia’s has removed restrictions on transportation of perishable products via train through Russia to third countries, e.g. China, which may bring big savings to the way for instance salmon from Norway will reach China. Norwegian salmon farmers could see their transport costs to Asia cut by 80%, following this change in Russian regulations. Same goes…

Green light for EU-Vietnam trade and investment agreements

On June 25, the Council of Ministers authorized the EU-Vietnam trade and investment agreements which are set to be signed by Swedish born EU Commissioner for Trade Cecilia Malmström and Romanian Minister for Business, Trade and Entrepreneurship Ștefan-Radu Oprea on the EU’s behalf in Hanoi on Sunday 30 June. The agreements with Vietnam, the EU’s…

China and Norway signed agreements on seafood

Norway’s government has signed agreements with China’s government on May 20 in Norway to facilitate in importing Norwegian salmon, fishmeal and oil to China’s market, according to the report by Undercurrent News, news agency publicizing seafood business news. The deal on salmon was signed to renew the agreement first signed in 2017. The duration of…

ECCP’s Luncheon Meeting with Philippines’ Secretary of Trade

European Chamber of Commerce of the Philippines (ECCP) held a Membership Luncheon Meeting on creating an enabling business environment for trade and investments with the Department of Trade and Industry (DTI). Taking place at Dusit Thani, Manila on Thursday, 21 March 2019, the meeting was opened by the key speaker, Ramon M. Lopez, Secretary of Trade and Industry…

High grade of activity,‘ Business Blueprint’ concept: SwedCham Singapore

Since the Swedish Chamber of Commerce (SwedCham) was formed in Singapore its professional business activities have exceeded anything seen under the previous organisational format, known as SBAS. “We have increased the volume of activities by 500 per cent and in 2018 we had on average one event per week! During the one and a half…

European Parliament says yes to the EU-Singapore agreement

The European Parliament has approved three keys of the EU-Singapore agreement which are EU-Singapore Free trade Agreement (EUFSTA), EU-Singapore Investment Protection Agreement (EUSIPA) and EU-Singapore Partnership and Cooperation Agreement (ESPCA). According to European Commission’s Press release on 13 February 2019, this approval is considered as a “historical moment” because it is the first bilateral trade…

Finland’s Singapore-based innovation, trade specialist continues

Embassy of Finland in Singapore has grown its contact network tenfold in the last three years. Number of new Finnish business entities starting their business in Singapore has grown steadily. The innovation and trade specialist working at the Finnish Embassy continues to connect Finland and ASEAN through Singapore. Team Finland, in its effort to assist…

Swedish leadership delegation visited Hong Kong, Shenzhen

A Swedish leadership delegation visited Hong Kong and Shenzhen in mid-November. The delegation comprised of 28 participants whom hold senior executive management positions, including successful owners and CEOs of local Swedish SMEs in industries ranging from construction to IT consulting. This delegation intended to facilitate exchange and broaden perspectives in learning and discussion with leaders…

Head of the largest Nordic bank branch in Asia, Jan Stjernström, is retiring after 40 years in the business

He has worked in over 50 different countries, doing transactions, and his career has spanned 40 years in the banking business. Now, after five years as the head of the largest Nordic Bank branch in Asia, Jan Stjernström retires from SEB Singapore. As a young banker in 1984, Swedish Jan Stjernström travelled to Southeast Asia…