Tag: trade
Congress votes to suspend Russia’s trade status, enact an oil ban
Congress overwhelmingly approved measures to end normal trade relations with Russia and ban oil imports, escalating economic pressure over the Ukraine conflict. The Senate passed both bills unanimously, and the legislation now awaits President Biden's signature.
Malaysia’s trade performance breaks record in April
Malaysia's exports surged by 63% year-on-year in April 2021, driven by strong domestic exports. The Department of Statistics reported a trade surplus of RM 20.5 billion, highlighting the nation's economic recovery from the COVID-19 pandemic.
