REGULATION (EU) 2023/956 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 10 May 2023 establishing a carbon border adjustment mechanism (CBAM) came into force on 17 May 2023. It's part of the 'Fit for 55' legislative package. Its purpose is to ensure equivalent carbon pricing for imports and domestic products. The goods covered by […]
CATTS is thrilled to announce the inclusion of a new key member to its global ensemble. Alex Martinowski will officially be joining the CATTS crew on 1st September 2023, as its representative in Brazil and South America. Alex will be entrusted with the task of establishing and growing CATTS's local presence in Brazil, a step […]
Ukraine formally accepts Agreement on Fisheries Subsidies Ukraine formally deposited its instrument of acceptance for the Agreement on Fisheries Subsidies on 17 August. Dr Ngozi Okonjo-Iweala, WTO Director-General, received Ukraine’s instrument during her visit to Kyiv from the Deputy Prime Minister. Indonesia initiates WTO dispute complaint regarding EU duties on biodiesel imports Indonesia has requested […]
China, Nicaragua substantively complete FTA negotiations Chinese Minister of Commerce and Nicaragua’s Minister of Development, Industry and Trade announced that the two countries have substantively completed their free trade agreement (FTA) negotiations. The announcement was made when the two ministers met via video link. The two sides have agreed to step up relevant technical preparations […]
EU Commission adopts detailed reporting rules for the Carbon Border Adjustment Mechanism’s transitional phase On 17 August 2023, the European Commission adopted the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which starts on 1 October 2023 and runs until the end of 2025. The Implementing Regulation details […]
Brazil extends the anti-dumping duty on imports of seamless carbon steel line pipes The Brazilian ministry of Industry, trade and Service announced the extension of anti-dumping measures imposed against imports of seamless carbon steel line pipes with up to give inches in diameter from Romania and China. The extension is valid for five years with […]