EU adopts its 10th package of economic and individual sanctions

On February 25th, 2023, the sad commemoration of one year since Russia’s full-scale invasion of Ukraine, the Council adopted a tenth package of additional restrictive measures giving another turn of the screw to the government of the Russian Federation and those responsible for Russia’s continuing war of aggression. Import-export controls and restrictions The decision imposes […]

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WTO updates February 2023

Indonesia initiates WTO dispute complaint regarding EU steel duties Indonesia has requested WTO dispute consultations with the European Union regarding EU anti-dumping and countervailing duties imposed on imports of stainless-steel cold-rolled flat products from Indonesia. The request was circulated to WTO members on 26 January. Singapore submits formal acceptance of Agreement on Fisheries Subsidies Singapore […]

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Preferential Trade updates February 2023

China-ASEAN negotiations enter next round The first-round consultations of Version 3.0 China-ASEAN Free Trade Area (FTA) negotiations started on February 7. Relevant authorities of China and the ASEAN countries, as well as officials from the ASEAN Secretariat, attended the meeting via video link. The two sides held in-depth discussions on the procedural rules, organizational arrangements […]

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Regulatory Compliance updates February 2023

China updates multiple import & export license/permit catalog  Multiple license/permit catalogs related to import & export were updated by China MOFCOM and all went effective on Jan 1 2023. The catalogs includes Catalogue of Goods subject to Automatic Import Licensing Administration (2023),Catalogue of Goods subject to Export License Administration (2023),Catalogue of Goods subject to Import […]

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Anti-dumping Duty updates February 2023

Canada: Notice of close of record and updated schedule of Oil country tubular goods and seamless casing  The Canada Border Services Agency (CBSA) has now closed the record of the expedited review of certain oil country tubular goods (OCTG) and seamless casing exported from China, to Canada by Linzhou Fengbao Pipe Industry Co., Ltd. The […]

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Customs Tariff updates February 2023

China Customs Tariff updates China customs authority published the annual import & export tariff on Dec 31 2022, which goes effective on Jan 1 2023. Updates included provisional import tariffs, which are lower than the MFN rate, will be applied to 1,020 items. Zero tariff will be applied to some raw materials for anti-cancer drugs, […]

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