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In a major policy shift, a leading regional trade bloc has announced tariff reductions on agricultural and industrial goods. This policy aims to stimulate regional trade, improve food security, and promote industrialization. Businesses in member states are already preparing to leverage the reduced tariffs to expand exports and imports within the region.

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According to the World Trade Organization, global trade in goods and services hit a record growth of 15% in 2025. Much of this growth is attributed to digital trade platforms and improved logistics networks. This surge signals renewed global economic strength after years of instability, offering businesses new opportunities to expand internationally.