China, Georgia FTA enters into Force

January 22, 2018

On 1 January 2018, the Free Trade Agreement (FTA) between China and Georgia entered into force and implemented. China-Georgia FTA is the first FTA China has signed with Eurasian countries as well as the first Free Trade Agreement China has initiated

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Georgia: Free Trade Zone MoU with China

December 17, 2017

At the "Tbilisi Belt and Road Forum" on 28 November 2017, China and Georgia have signed an agreement on the creation of free trade zones in Georgia that would facilitate Georgia's role in China's Belt and Road initiative. The China-Georgia Free

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Hong Kong signs free trade agreement with ASEAN

November 19, 2017

On 13 November 2017, ASEAN and Hong Kong signed a free trade and investment agreement hoping to strengthen economic cooperation between the two sides and promote development in the region. Both agreements, ASEAN-Hong Kong, China Free Trade Agreement

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Canada: CETA Trade Agreement enters into force

October 08, 2017

The Comprehensive Economic and Trade Agreement (CETA) between Canada and European Union came into force on September 21, 2017. The CETA is a progressive free trade agreement that covers virtually all sectors and aspects of Canada-EU trade in order

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WTO: World Trade Statistical Review 2017

August 04, 2017

On 28 July 2017 the WTO issued the latest annual statistical report World Trade Statistical Review 2017. This publication examines trends in trade in goods and services and trade policy developments including restrictive trade practices. World

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Negotiations for Sri Lanka-Singapore Free Trade Agreement (SLSFTA) Launched

August 02, 2017

On July 18, the governments of Singapore and Sri Lanka signed a statement on the opening of negotiations on a bilateral free trade agreement (FTA). The Free Trade Agreement (FTA) with Singapore would be beneficial to Sri Lanka because it would

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Canada: FTA with Ukraine enters into effect on August 1, 2017

July 27, 2017

The Free Trade Agreement between Canada and Ukraine will enter into force on 1st August 2017. As per previous discussion, from August 1, 2017, the agreement will cut 98% of the tariffs for Ukrainian exports to Canada and 72% of the tariffs from

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Canada and EU: CETA agreement to enter into force

July 20, 2017

Recently the Prime Minister of Canada and the European Commission announced that they were agreed that the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) would enter into force on September 21, 2017. The CETA will create

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Canada agrees to start FTA with EU

July 11, 2017

The Prime Minister, Justin Trudeau, announces that Canada agreed to commence operation of the Free Trade Agreement with the European Union (EU) on September 21, 2017. The commencement of the Comprehensive Economic and Trade Agreement (CETA) had been

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Australia: FTA negotiation with Peru

June 04, 2017

On 24 May, Australia and Peru launched negotiations for a free trade agreement (FTA). A fellow signatory to the Trans-Pacific Partnership (TPP) Agreement, Peru has been one of the fastest growing economies in Latin America. A Peru-Australia FTA

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Ukraine: Parliament ratifies the free trade agreement with Canada

March 21, 2017

The Ukrainian parliament passed a law on 14 March 2017 ratifying the free trade agreement between Canada and Ukraine, signed on 11 July 2016 in Kiev. The Canada-Ukraine Free Trade Agreement represents a significant milestone in the relationship

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Russia: Publishes the draft procedure on multilateral APAs

March 15, 2017

The Russian Finance Ministry on 3 March 2017, published a draft Procedure outlining the process for handling multilateral Advanced Pricing Agreements (APAs). The Procedure is intended to enable a taxpayer to conclude an APA in relation to a foreign

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Peru-FTA with Honduras entered into force

January 10, 2017

The Free Trade Agreement (FTA) between Peru and Honduras entered into force on 1 January 2017. The new trade agreement immediately abolished Honduran taxes on 84% of Peruvian exports and provided that the remaining duties will be eliminated within

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The 9th Round of China-GCC FTA Negotiation Concluded

December 27, 2016

On December 19 to 21, the 9th Round of China-GCC Free Trade Agreement (FTA) negotiation was held in Riyadh, Saudi Arabia. Wang Shouwen, Vice Chinese Minister of Commerce and Al-Bazai, General Coordinator for GCC FTA Negotiations and the Vice

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Ireland: Entity registration form

December 24, 2016

The Irish Revenue Commissioners released a “reporting entity” registration form which is required to be filed by entities that do not already have an Irish Tax Reference Number or a Revenue Customer Number (RCN), and that have reporting

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The 16th Round of RCEP Negotiations Held in Tangerang

December 18, 2016

On December 1-10, the 16th Round of Regional Comprehensive Economic Partnership (RCEP) Negotiation was held in Tangerang, Indonesia. Attending were 10 countries of ASEAN, China, Japan, South Korea, Australia, New Zealand, India and the Secretariat

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China-Pakistan FTA negotiations held

December 15, 2016

The 7th Meeting of China-Pakistan free trade agreement (FTA) negotiation (Phrase 2) was held in Islamabad, Pakistan on December 6 to 7. The two sides negotiated on tax reduction model for trade in goods, Pakistan’s tax regulating and further

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China Proposes FTA with Russia and others

November 22, 2016

China's Deputy Minister of Commerce has proposed that the member countries of the Shanghai Cooperation Organization (SCO) – China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan should establish a free trade agreement (FTA). At the

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