| By Emma Kuruppacherry | On Friday, July 21st, seven leading AI companies came to the White House to form an agreement on basic guidelines for developing AI.
Asia Business China Technology
June 1, 2023
China Bans Micron Chip Deal
| By Haiqi Li | The Cyberspace Administration of China blocked a deal with Micron Technology in a move viewed as a response to US national security policies towards the Chinese semiconductor industry.
AI Business Technology
May 23, 2023
G-7 Leaders Discuss International Standards for AI
| by Emma Kuruppacherry | The G-7 leaders met in Hiroshima to address AI and how to regulate its use. World leaders discussed concerns about privacy attacks, civil rights violations, disinformation, and the unethical use of data.
Business EU Ireland UK
February 28, 2023
UK, EU propose New Framework on Northern Ireland Border
| By Alexander Haidar | On February 27, 2023 the British Prime Minister, Rishi Sunak, and President of the European Commission, Ursula von der Leyen announced a tentative post-Brexit trade agreement concerning Northern Ireland.[i] The existing Northern Ireland Protocol is an agreement which came into effect in January of 2021 as part of the Brexit ...
Business Technology
January 23, 2023
Amazon Cloud Gets More Global Thunder with New AWS Data Centers in US, Australia, and India
| By Alexander Haidar | On January 20, 2023, Governor Glenn Younkin of Virginia announced that the Amazon subsidiary Amazon Web Services (AWS) is planning to invest $35 Billion into expanding its operations in the state over the next seventeen years. According to the Director of Economic Development for AWS, investment from the company has ...
Business Information
August 25, 2022
Doing Business in Morocco
The Virginia Economic Development Partnership International Trade team hosted a conference on Wednesday, August 24th, to talk about business opportunities in Morocco. The guest speaker for the event was David Garay, Managing Partner of Indegate Consulting in Casablanca. The event was held online as part of the VEDP's program to promote international trade. From his ...
Africa Business
August 24, 2022
Africa Business Trends and Outlook
| By Kai Heaven | The Virginia Economic Development Partnership hosted its Africa Business Conference at the Tower Club in Tyson’s Corner, Virginia on August 26, 2022. Ellen Meinhart and Mercedes Sanchez, VEDP Senior International Trade Managers, and Ed Laughlin, VEDP Global Defense Manager, were on hand to make introductions and start off the event. Richard ...
Asia Business China Information
October 13, 2020
China Olive Oil Market Analysis
| By Kimberly Kim | Q1: Is there any interest from Chinese buyers to purchase US olive oil? The Chinese middle class is booming and imports of foreign products continue to grow. Chinese consumer market interest in foreign olive oil has experienced an increase in recent years. As more and more Chinese consumers start to appreciate foreign food, especially ...