Hong Kong ratifies WTO’s Trade Facilitation Agreement (TFA)
Hong Kong, China has become the first WTO member to formally ratify the WTO’s new Trade Facilitation Agreement (TFA). Hong Kong officials informed the WTO's General Council on December 10 that the territory deposited its instrument of acceptance
See MoreUS Imposes Preliminary Anti-Subsidy Duties On Chinese Tires
The U.S. Commerce Department has set preliminary anti-dumping duties ranging from 12.5 percent to 81.29 percent on tires imported from China. Five years ago, following a previous USW complaint, the US imposed AD and CVD tariffs on similar Chinese
See MoreSlovak Republic: Law amendments regarding excise duties signs
The amendments to the law related to excise duties were signed by the President on 19th November
See MoreAustralia and China confirm FTA agreement
Australia and China has confirmed the conclusion of a free trade agreement (FTA). If the agreement is fully implemented, it will enable a tariff-free access of 95% Australian goods exports to Chinese
See MoreUS Signed Draft Agreement With Mexico On Sugar Trade Dispute
The draft agreement has signed between US and Mexico which aims to suspend US anti-dumping and anti-subsidy duties on Mexican sugar. The US Department of Commerce (DOC) had announced on October 27, 2014, preliminary anti-dumping duties ranging from
See MoreChina: Bonded treatment for steel imports revoked
Chinese Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly issued a notice that revokes the bonded treatment for steel materials imported under 78 tariff codes, with an effective date of 1
See MoreChina: Termination of Anti-dumping Measures Applicable to Imports of Pyrocatechol originated in the EU
On August 25, 2009, the Ministry of Commerce issued Announcement No.53 of 2009, deciding to continue to impose anti-dumping measures against imports of pyrocatechol originated in the EU in accordance with Announcement No. 41 of 2003, Announcement 61
See MoreChina: Termination of Anti-dumping Measures against Imports of Phthalic Anhydride Originated in ROK, Japan and India
On August 30, 2009, Ministry of Commerce of the People’s Republic of China (hereinafter referred to as the “Ministry of Commerce”) issued Announcement No. 56 of 2009, deciding to continue to impose anti-dumping measures against imports of
See MoreKorea-Extending antidumping duties on Chinese products
The trade commission of South Korea has decided that the anti-dumping duties on Chinese plate glass would be imposed for another three years. That means the anti-dumping duties of 15.22%-36.01% on the Chinese products would be kept for the
See MoreRussia: Introduce tariffs on Ukrainian products
On the basis of provisions place out by the Vienna Convention on international treaties, Russia is looking for chances to initiate protection measures in its trade relations with Ukraine. Ukraine has signed the economic part of the Ukraine-European
See MoreUS imposes tariffs on Grain-Oriented Electrical Steel From Germany, Japan, and Poland
The International Trade Administration (ITA) of the US Department of Commerce (DOC) has issued its affirmative final determinations on July 17, in the antidumping duty (AD) investigations of imports of grain-oriented electrical steel (GOES) from
See MoreAustralia and Japan signed an agreement to promote economic relations
Australia and Japan signed an agreement to promote economic relations (EPA), in Canberra on 8 July 2014. The Australian Department of Foreign Affairs and Trade said that, “this is the most liberalizing bilateral trade agreement and if it is fully
See MoreUS imposes tariffs on steel from nine countries
The International Trade Administration (ITA) of the US Department of Commerce (DOC) has issued a final decision to impose anti-dumping duties on certain Oil Country Tubular Goods (OCTG) from India, Korea, the Philippines, Saudi Arabia, Taiwan,
See MoreWTO issues mixed ruling in US-China trade remedy case
The WTO Appellate Body released its final ruling on a US countervailing duty law affecting Chinese products which is also known otherwise as the “GPX Legislation”. According to WTO ruling there was not enough factual analysis in a previous panel
See MoreNew Zealand and Canada welcome WTO environmental goods discussion
As part of a multilateral trade pact being negotiated at the World Trade Organization (WTO), New Zealand and Canada have to cut their import tariffs on a number of environmental goods and it was announced on July 8, 2014. According to their
See MoreUS: Re-establishes Duty-Free Aid Commitment To Africa
The Government of the USA has reviewed Madagascar’s eligibility for African Growth and Opportunity Act (AGOA) tariff benefits, effective immediately, but has withdrawn Swaziland's eligibility, with effect from January 1, 2015. President Obama has
See MoreDuty-Free export of petroleum products and gas from Russia
The President of Russia has signed into law a cooperation agreement with Armenia that approves duty-free export of petroleum products, natural gas and uncut diamonds from Russia. Last month, Russia has customized its duty-free oil arrangement with
See MoreVenezuela: Customs system changes regarding foreign exchange rates
Venezuela’s tax and customs administration (SENIAT) has declared changes to both versions of its automated customs system (Sistema Aduanero Automatizado or SIDUNEA) naming S++ and SW under foreign exchange agreements that is used to determine the
See More