CANBERRA — Australia and the European Union (EU) on Tuesday finalized a free trade agreement (FTA) worth AUD10 billion (approximately $7 billion) alongside a Security and Defense Partnership (SDP), marking the conclusion of eight years of negotiations. Read More: UK open to looser ‘Australia-style’ trade deal with EU The FTA is expected to expand market access for Australian […]
global supply chain
Garment exports stranded as Middle East conflict disrupts flights
Garment shipments from South Asia destined for major global fashion brands are facing significant delays after the ongoing Middle East conflict forced major airlines to suspend flights across the region. Manufacturers in Bangladesh and India say consignments bound for European markets are currently stranded at airports due to widespread flight cancellations by leading Gulf carriers […]