WTO

WTO updates January 2023

China initiates WTO dispute complaint targeting US semiconductor chip measures China has requested WTO dispute consultations with the United States, challenging US export control and related measures with respect to certain advanced computing semiconductor chips and manufacturing products, supercomputer items, as well as related technologies and services, destined for or otherwise related to China. The […]

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Preferential Trade updates January 2023

Canada extends copyright protection another 20 years to meet new trade obligation Canada will not add any new books, songs or plays to the public domain until 2043 after the government pushed through a change in copyright laws just before the end of 2022. Until December 30, copyright protection for literary, dramatic, musical or artistic […]

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Regulatory Compliance updates January 2023

Croatia joins the Euro and Schengen areas On 1 January 2023 Croatia has adopted the euro as its currency and will fully join the Schengen area. This marks an important milestone in the history of Croatia, of the euro and Schengen areas and of the EU as a whole. It follows a period of intensive […]

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Anti-dumping Duty updates January 2023

Canada: Notice of close of record and updated schedule normal value review of Carbon steel fasteners The Canada Border Services Agency (CBSA) has now closed the record of the normal value review (review) applicable to certain carbon steel fasteners (fasteners) exported to Canada from the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese […]

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Customs Tariff updates January 2023

Australia Customs Tariff updates Australia customs authority has published the annual import tariff. Update includes the changes in the preferential duty rates for various trade agreements and inclusion of newly implemented Australia - India Economic Cooperation Trade agreement rates.  Bahamas Customs Tariff updates Bahamas customs authority has published the annual import tariff, which includes the […]

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EU adopts 9th package of sanctions against Russia

On December 16th, the Council of the European Union adopted a ninth package of new measures intended to step up pressure on Russia and its government. The package includes the following measures: For more details, please refer European Council : https://www.consilium.europa.eu/en/press/press-releases/2022/12/16/russia-s-war-of-aggression-against-ukraine-eu-adopts-9th-package-of-economic-and-individual-sanctions/

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