Category: Trade

EU to train non-EU countries how to introduce “novel foods” in EU

The European commission has developed a comprehensive set of laws that govern the authorization of Novel Foods. Novel Foods are defined as those which have not been consumed to any significant extent within Europe prior to May 15th 1997, the date of the first Novel Food legislation (Regulation (EC) No 258/97).   The European Commission’s Directorate…

Finland says rail link to China important to Nordic cooperation

The Finnish Minister for Development Cooperation and Foreign Trade, Ville Skinnari, has stressed the importance for Nordic cooperation of the rail link between Finland and China. The minister said according to the Finnish national media, Yle. that the Norwegian and Swedish industries are interested in cooperating in logistics with Finland. “This cooperation has now been…

EU committee voted in favour of free trade agreement to Vietnam

The EU Committee on International Trade decided to back the free trade and investment protection agreements between the EU and Vietnam on 21 January 2020. According to Europarl, the official statement said: “The committee gave its consent to the free trade agreement by 29 votes, six votes against and five abstentions and recommends that EP…

TSCC held Nobel-themed Gala Dinner and 30th Anniversary Celebration

The Thai-Swedish Chamber of Commerce marked 30 years as organisation in 2019, culminating with its ‘TSCC Nobel Gala Dinner’ grand celebration, held in Bangkok on Saturday 23 November. Members and friends from far and near had also flown in for the auspicious occasion. Those from abroad (Indonesia, Laos, Malaysia and Sweden) were especially highlighted with…

Norwegian industry minister expressed positive progress on free-trade deal with China

Norway aims to reach a free-trade agreement with China by the end of 2020, Norwegian Industry minister said on 8th January 2020, H.E. Torbjoern Roe Isaksen told Reuters during an industry conference in Oslo, “By the end of last year we had good progress in the talks, we continue to be optimistic and think it…

Norway seafood industry hits record breaking export sale in 2019

NORWAY’S seafood industry enjoyed its best ever year in 2019 with export sales hitting a record 107.3 billion kroner – or £9.25 billion – despite slightly lower volumes. Seafood trade between Norway and China grew significantly. Tom-Jørgen Gangsø, director of market insight and market access at the Norwegian Seafood Council, said “We have seen an…

China’s refinery sector to buy Norwegian Johan Sverdrup crude oil in 2020

China appears likely to add Norway into the list of its regular crude oil suppliers in 2020, with the country’s independent refineries especially finding North Sea’s new Johan Sverdrup crude attractive for its competitive price and familiar specification. “We have run multiple tests and found the grade acceptable. Its specification is not bad, which is…

Danish Unifeeder buys majority share from Singaporean Feedertech

The Danish carrier service, Unifeeder has expanded its global reach and closed the gap on market leader X-Press with its acquisition of a majority stake in Singapore-based feeder and shortsea operator Feedertech Group. Unifeeder will buy a 77% stake in Feedertech, with the Singapore registered company’s chairman, Ali Maghami, retaining the remaining 23%. Unifeeder said…

Maersk launched the latest logistics centre in Bac Ninh, Vietnam

The Danish logistics conglomerate Maersk launched a new logistics center in Bac Ninh, Vietnam on 11th December 2019. Danish Ambassador to Vietnam Mr. Kim Højlund Christensen, Mr. Quang Le, Maersk senior executives and Vietbeko Head of Supply Chain were honorary guests along with other distinguished at the opening ceremony. The new warehouse offers premium Warehousing…