India scales back Russian oil buying as US trade deal talks advance

Indian refiners are stepping back from purchasing Russian oil for upcoming deliveries, a move seen as supporting New Delhi’s efforts to finalize a trade agreement with the United States.

Bangladesh is set to sign a trade agreement with the United States tomorrow designed to reduce reciprocal tariffs and ease pressure on its export sector, particularly the garment industry. The deal will include commitments from Bangladesh to increase imports of American goods to help narrow the significant trade gap between the two countries.

Bangladesh is set to sign its first-ever Economic Partnership Agreement (EPA) with Japan in Tokyo, marking a major step in its trade diplomacy as the country prepares to graduate from least developed country status later this year. 

Malaysia has announced an immediate and complete ban on the import of electronic waste, declaring the country will no longer serve as a destination for the world’s discarded electronics. The Malaysian Anti-Corruption Commission (MACC) said all e-waste is now classified under “absolute prohibition,” eliminating previous exemptions that allowed limited imports with environmental approval.