ICC Principles Promote Green Economy in Global Trade

ICC Principles Promote Green Economy in Global Trade

The International Chamber of Commerce's principles for sustainable trade and trade finance provide a framework for assessing the sustainability of trade, focusing on environmental and socioeconomic development. The principles aim to direct funding toward sustainable trade by clearly defining standards, reducing the risk of greenwashing, and supporting a balance between economic growth and environmental protection.

Global Air Cargo Demand Rises Despite Economic Challenges

Global Air Cargo Demand Rises Despite Economic Challenges

In May 2025, international air cargo demand grew by 2.2% year-on-year, demonstrating the industry's resilience. Despite a contraction in global manufacturing and the impact of U.S. tariff policies on certain regions, the Asia-Pacific region experienced the fastest growth in cargo demand at 8.3%. Additionally, falling oil prices provided relief for the airlines.

Indias Cuddapah Airport Struggles Amid Modernization Demands

Indias Cuddapah Airport Struggles Amid Modernization Demands

Kudapa Airport is a historically significant medium-sized airport that, despite having well-developed infrastructure, has yet to establish commercial flights and is primarily used for non-commercial purposes. The airport's future requires market strategies to enhance its activity and contribute to local economic development.

CAD to USD Exchange Rate Volatility Sparks Economic Concerns

CAD to USD Exchange Rate Volatility Sparks Economic Concerns

Recent data indicates that 25 Canadian dollars can be exchanged for approximately 18.18 US dollars, with the current exchange rate at 1 CAD = 0.72729 USD. The fluctuations in the exchange rate are influenced by various factors, including changes in international oil prices and US interest rate policies. Staying informed about exchange rate dynamics is crucial for consumers and investors.

Rockhampton Airport Emerges As Key Queensland Aviation Hub

Rockhampton Airport Emerges As Key Queensland Aviation Hub

Rockhampton Airport (ROK) is a significant aviation hub in Rockhampton, Queensland, Australia. As a non-customs airport, it primarily serves domestic passenger and cargo transport, playing a crucial role in local economic development and personnel mobility. Its IATA code, ROK, is an important identifier for the airport.

WCO and UN Push for Global Trade Data Standardization

WCO and UN Push for Global Trade Data Standardization

The World Customs Organization (WCO) recommends that its member customs administrations transmit trade data based on the Harmonized System (HS) to the United Nations Statistics Division (UNSD). This aims to promote the standardization and interoperability of global trade data. This initiative is significant for improving data quality, strengthening international cooperation, promoting trade facilitation, and fostering sustainable development. Ultimately, it contributes to building a new landscape for global trade data sharing.