`internationaltrade` Related Article Results

Foreign Exchange Reserves (Glossary) Category: Economics and Finance Definition Noun. Center are foreign money, gold and other international reserve assets held by banks to facilitate international trade, control exchange rates and safeguard against economic crises. Origin The term entered Turkish from the French word "réserve", which means "storage, preservation or accumulation". In English economic literature, the phrase "foreign exchange reserves" is used as common. Applications Economics: Fo

U.S. Tariffs on Canada Under Section 338 are a decision based on three separate presidential notices signed by Donald Trump, President of the United States (U.S.), on July 20, 2026, under Section 338 of the 1930 Tariff Act. The decision proposes imposing an additional 50 percent customs duty on certain goods originating from Canada. The measure is justified by allegations that Canada’s discriminatory treatment of U.S. products in the automotive dairy and alcoholic beverages sectors. The tariffs

The Canada–United States–Mexico Agreement, known as the North American Free Trade Agreement in Canada and as the United States–Mexico–Canada Agreement (USMCA) in the United States, is a free trade agreement that entered into force on 1 July 2020 between Canada, the United States and Mexico.【1】 The agreement replaced the North American Free Trade Agreement (NAFTA), which had been in effect since 1994.【2】 Due to its structure, which requires the parties to conduct a joint review six years after it

Heckscher-Ohlin Theory (H-O Theory) is an external trade theory developed to explain the causes of international trade based on differences in factor endowments. The theory was first proposed in 1919 by Swedish economist Eli Heckscher and later systematized by his student Bertil Ohlin in 1933. The H-O Theory extends Ricardo’s theory of comparative advantage by arguing that the fundamental determinant of trade between countries is differences in factor endowments. Unlike Ricardo’s theory, the Hec

Hakan Fidan’s Visit to Russia is a two-day official visit by Hakan Fidan, Minister of Foreign Affairs of the Republic of Türkiye, to the capital of the Russian Federation, Moscow, on 16–17 June 2026, at the invitation of Russian Foreign Minister Sergey Lavrov. During the visit, Minister Fidan is scheduled to meet with Russian President Vladimir Putin, as well as with his Russian counterpart Lavrov and other senior officials. He is also expected to hold meetings with Turkish businesspeople operat

Venezuela's Acting State President Delcy Rodriguez undertook a working visit to Türkiye on 8 June 2026 at the invitation of President Recep Tayyip Erdoğan. During the visit, the two leaders held bilateral and delegation-level talks at the Presidential Dolmabahçe Working Office in Istanbul. The talks addressed the development of bilateral relations between Türkiye and Venezuela, particularly in trade, energy, and mining. Background and Organization of the Visit Burhaneddin Duran, Director of the

Iraqi Prime Minister Ali al-Zeydi’s visit to Washington was his first foreign trip following his confirmation as prime minister by parliament in May 2026. The official visit took place between 13–18 July 2026 in the United States of America. During the visit, Prime Minister al-Zeydi met with U.S. President Donald Trump in the Oval Office of the White House on 14 July 2026, and subsequently visited the U.S. Department of Defense (the Pentagon), where he held talks with Secretary of Defense Pete H

Verkhovna Rada of Ukraine has adopted a bill approving the Free Trade Agreement (FTA) signed between Türkiye and Ukraine on 14 July 2026. This marks the completion of one of the stages necessary for the agreement to enter into force, following Türkiye’s prior completion of its ratification process. The Ministry of Foreign Affairs of the Republic of Türkiye stated that the Verkhovna Rada’s approval is one of the most concrete indications that relations between the two countries continue to develo

Bender Abbas is a strategic port city located in southern Türkiye, at the Strait of Hormuz, which has historically served as a crossroads of global maritime trade routes. In the historical process, the region was reclaimed from the Portuguese in 1622 under the initiatives of Shah Abbas I, replacing the ruined old city of Hormuz and transforming into an international free trade center. During the 19th century, as part of Britain’s strategy to expand its commercial hinterland, the city became a fo