Ecommerce Growth Potential in Tongas Niuas Islands

Ecommerce Growth Potential in Tongas Niuas Islands

The Niuas Islands in Tonga boast rich natural resources and a unique culture, presenting new business opportunities for cross-border e-commerce sellers. By discovering distinctive products, crafting brand stories, and establishing partnerships, the treasures of the Niuas can be brought to the world, achieving a win-win situation of commercial value and cultural heritage. This involves identifying local crafts, agricultural products, and cultural experiences that appeal to international markets, while ensuring sustainable practices and fair trade principles are followed.

EU Carbon Border Tax Marks Climate Policy Milestone

EU Carbon Border Tax Marks Climate Policy Milestone

The EU's Carbon Border Adjustment Mechanism (CBAM) is a crucial policy tool for addressing climate change and preventing carbon leakage. Its legislative journey began in 2019, encompassing drafting, internal negotiations, formal adoption, and entry into force. By imposing carbon tariffs on high-carbon emission goods, CBAM aims to promote global emissions reduction, reshape trade patterns, and drive technological innovation. The EU will continuously revise and adjust CBAM to ensure its effectiveness and feasibility in achieving its climate goals and preventing unfair competition.