Our collection of Trade News

European Parliament announces sanctions against Belarus

May 6, 2022

A package of sanctions against Belarus hitting their most important sectors and individuals supporting the Russian war effort.

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European Parliament announces the sixth package of sanctions against Russia

May 6, 2022

Speaking at the European Parliament plenary session, President of the Commission Ursula von der Leyen announced the sixth package of EU sanctions against Russia in response to its invasion of Ukraine. She proposed a gradual ban on the import of all Russian oil. The package also includes measures against Russia’s military officers, three major banks and certain TV channels.

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Russia removed from the list of EU export authorisations for dual-use goods and technology

May 6, 2022

Having regard to Regulation (EU) 2021/821 of the European Parliament and of the Council of 20 May 2021 setting up a Union regime for the control of exports, brokering, technical assistance, transit and transfer of […]

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WTO updates 04/22

April 19, 2022

WTO panel issues report regarding Costa Rican import restrictions on Mexican avocados The WTO circulated the panel report in the case brought by Mexico in “Costa Rica — Measures Concerning the Importation of Fresh Avocados […]

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Preferential Trade updates 04/22

April 19, 2022

Australia - India Economic Cooperation and Trade Agreement India and Australia on Saturday signed an economic cooperation and trade agreement under which Canberra would provide duty free access in its market for over 95 per […]

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Regulatory Compliance updates 04/22

April 19, 2022

Australia: Russia sanctions regime Australia imposes autonomous sanctions in relation to Russia in response to the Russian threat to the sovereignty and territorial integrity of Ukraine. They were first imposed in 2014 and extended in […]

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Anti-dumping Duty updates 04/22

April 19, 2022

Canada: Initiation of investigations on Drill pipe The Canada Border Services Agency initiated investigations on March 25, 2022, respecting the alleged injurious dumping and subsidizing of certain drill pipe (Classified under chapter 7304223 and 843143) […]

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Customs Tariff updates 04/22

April 19, 2022

Brazil customs tariff update Brazil customs authority has updated the import tariff. Update includes the addition/deletion of HTS codes per WCO 2022 tariff nomenclature and changes in the Maritime Merchant Renewal Fee, Industrial Product Tax, […]

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OFAC: Balkans-related Designations and Designations Removals

April 12, 2022

The following individuals have been added to OFAC's SDN List: GRUEVSKI, Nikola (Cyrillic: ГРУЕВСКИ, Никола), Hungary; Skopje, North Macedonia, The Republic of; DOB 31 Aug 1970; POB Skopje, North Macedonia; nationality North Macedonia, The Republic […]

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Russia-related Designations and Designations Updates; Issuance of Russia-related General Licenses

April 12, 2022

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued Russia-related General License 9C, General License 10C, General License 21A, General License 24, and General License 25.  In addition, the following names […]

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Australia: Russia sanctions regime

April 12, 2022

Australia imposes autonomous sanctions in relation to Russia in response to the Russian threat to the sovereignty and territorial integrity of Ukraine. They were first imposed in 2014 and extended in 2015 and 2022. Australia […]

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EU adopts fifth round of sanctions against Russia over its military aggression against Ukraine

April 12, 2022

In light of Russia’s continuing war of aggression against Ukraine, and the reported atrocities committed by Russian armed forces in Ukraine, the Council decided today to impose a fifth package of economic and individual sanctions […]

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