The European Union and Australia have reached a comprehensive free trade agreement, eliminating almost all trade tariffs between the two sides. It is expected that the EU's exports to Australia will increase by 33% within ten years, with dairy products, automobiles, chemicals and other industries be Read More

On March 26th local time, Japan officially launched the release of its national oil reserves. The first batch of releases started from the Kikuma base in Ehime Prefecture, and will cover 11 reserve bases across the country. The total expected release volume is about 8.5 million kiloliters, which, co Read More

On March 24th local time, the European Union and Australia signed an eight year long trade agreement, canceling tariffs on almost all goods and key mineral exports from both sides, and simultaneously promoting defense cooperation and scientific research collaboration. This move is not only an import Read More

Since the US Israel military strike on Iran, the long restricted LAFA port has resumed two-way traffic for the first time, breaking the bottleneck of cross regional transportation in the Middle East and providing important support for the reconstruction of international logistics links. As the core Read More

Madrid, March 18 (Xinhua) -- The Spanish government announced on March 17 the partial release of its national strategic petroleum reserve, approving the release of 11.5 million barrels of oil to be supplied to the market in batches to cope with the energy market impact caused by the blockade of the Read More