Trade Horizons’ Market Entry Blog

In an unprecedented move aimed at bolstering international trade relations, the Exports Minister embarked on a strategic visit to Latin America. This visit, a first of its kind, is set to unlock billions worth of exports and significantly boost trade ties between our nation and the Latin American countries. The journey is not just about numbers, but a testament to the growing global interconnectedness and the immense potential that lies within these robust economies. This article delves into the details of this landmark visit, the opportunities it presents, and the potential impact on our export industry.

As we venture into 2024, Turkey stands at a crossroads of economic transformation. After a tumultuous period marked by political upheavals and unconventional monetary policies, the nation is poised to redefine its stance on foreign direct investment (FDI). The question on the minds of many is: Can Turkey successfully lure back foreign investors this year? The past decade has seen Turkey's impressive growth and reform efforts place it firmly on the international investment map. However, recent challenges have cast a shadow over its economic stability. Now, with a return to orthodox economic policies and strategic reforms aimed at enhancing the investment environment, Turkey is signalling a renewed commitment to becoming a prime destination for global capital.

In a remarkable testament to the resilience and adaptability of the UK's economy, recent data reveals a significant shift in the global trade landscape. The United Kingdom, traditionally known for its strength in manufacturing and goods export, has seen a surge in its services trade, catapulting it to the position of the world's fourth-largest exporter. This article delves into the factors contributing to this shift, the implications for the UK's economy, and the potential future of global trade dynamics.

Romania’s strategic efforts to position itself as a key energy player in Europe have garnered attention. Let’s delve into the fascinating aspects of Romania’s energy landscape: 1.        Energy Potential: Romania stands as the second largest producer of natural gas within the European Union, trailing only behind the Netherlands. On a daily basis, it produces 25 to 26 million cubic meters of gas, which is sufficient to meet its summer consumption needs. However, during colder seasons, this falls short. The real game-changer lies in Romania’s untapped gas reserves in the Black Sea. Estimates suggest that its onshore reserves amount to 100 billion cubic meters, while offshore reserves in the deep Black Sea waters range from 42 to 84 billion cubic meters. These resources could potentially make Romania the EU’s largest net exporter of natural gas. Additionally, the development of liquefied natural gas (LNG) infrastructure in Romania’s Black Sea territories could significantly impact the EU’s clean energy transition.