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International Trade

2024/25 cocoa freight rate increases by 5%

The Cocoa Marketing Company (CMC), Ghana Shippers’ Authority (GSA), and 17 shipping lines involved in Ghana’s cocoa trade have successfully concluded negotiations, agreeing to an average 5% increase in the basic freight rate for the…

Korea urged to brace for surge in Chinese EV sales

Chinese EV maker BYD's logo is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25. Reuters-YonhapBy Lee Min-hyungKorea is being urged to brace for an influx of Chinese electric…

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