The economies of APEC are working in a way to motivate the regional trade. Since 2012, the growth of regional trade has been lower than that of gross domestic product. Therefore, the economies of APEC are intensifying their effort to reduce the tariff, the barrier in the service sector and the bottle necks in the facilitation of the trade.
Venezuela Becomes India’s Fourth Strategic Crude Supplier Amid Global Energy Realignment
A sharp increase in bilateral shipments during the second quarter of 2026 positions Venezuelan crude as a key alternative for Indian supply, historically accounting for nearly 80% of the Asian nation’s total imports from the South American country.



