US Customs and Border Protection (CBP) launched their newly renovated website on 10 March, 2014. The new CBP.gov features a sleek new design and updated drop down menus. Upgrades have been made to design, navigation and to the website search engine. Continue reading → ...
Supply & Demand Chain Executive magazine announced its 14th annual list of “Pros to Know” in the supply chain industry which includes three Integration Point team members. The team members were recognized for their efforts in assisting multi-national companies in achieving success in global trade management and compliance. Continue reading → ...
Since the free trade agreement (FTA) between the US and South Korea went into effect on 15 March, 2012, Korean exports to the US have increased by 10 percent. The Korean Ministry of Trade, Industry and Energy stated that Korea’s exports to the US rose well above the average export growth rate of six percent. Continue reading → ...
Have you registered to attend the Annual ICPA EU Conference? May 12-14 2014, ICPA will host its members and many trade professionals in Brussels for a few days of networking and learning more about navigating international trade compliance. Continue reading → ...
Canadian fisherman and farmers are elated as the proposed Canada-Korea free trade agreement (FTA) is set to eliminate South Korean tariffs on agricultural products. Continue reading → ...
The US (Census Bureau has detailed upcoming changes to the AES to go into effect on April 5, 2014. Here’s what you should know to comply with this effective date, and to continue to process your export shipments efficiently Continue reading → ...
While it is still too early to make guesses on the details of the coming sanctions, it’s never too soon to take precautions. Continue reading → ...
Taipei (AFP) March 18, 2014 - Three Taiwanese opposition legislators on Tuesday started a 70-hour hunger strike to protest at what they term illegal moves by the ruling party to ratify a contentious trade agreement with China. The Democratic Progressive Party (DPP) lawmakers made their move after a legislator from the ruling Kuomintang party announced on Monday that the trade pact had been approved...
Beijing (AFP) March 18, 2014 - Foreign direct investment (FDI) into China increased 10.4 percent year on year in the first two months of 2014, the government said Tuesday, while the country's outbound investment slumped. FDI, which excludes investment in financial sectors, totalled $19.31 billion cumulatively in January and February, the commerce ministry said in a statement. Foreign investors "remained...
The European Union (EU) has proposed voluntary participation in rules aiming to prevent importing conflict minerals (tantalum, tin, tungsten and gold). Continue reading → ...
Munich, Germany (AFP) March 11, 2014 - Bayern Munich boss Uli Hoeness faced damaging testimony in a tax trial Tuesday when an official charged the German football legend had withheld incriminating evidence for over a year. New twists and additional witnesses will likely extend the high-profile trial -- in which Hoeness faces a possible jail term -- beyond this week, said a court spokeswoman. Hoeness,...
Plans to build a bridge connecting Detroit, Michigan and Windsor, Ontario continue despite the recent exclusion of a part of the project’s funding from the federal budget.LinkedIn: Kevin to share in group Continue reading → ...
Ecuadorian banana producers are urging the EU to fast-track efforts to create a free trade agreement (FTA) between the two nations. Ecuador believes that the FTA will improve the competitiveness of the nation’s fruit by reducing tariffs, stabilizing a demand with the EU and expanding relations between the two nations. Continue reading → ...
Sydney (AFP) March 06, 2014 - Apple shifted billions in untaxed profits from its Australian operations to Ireland over the past decade, a report said Thursday, as the government vowed to stop global companies from dodging their fair share of tax. An investigation by the Australian Financial Review obtained 10 years worth of financial accounts for Apple Sales International -- an arm of the organisation...
San Francisco (AFP) March 06, 2014 - A US jury convicted a California businessman Wednesday of selling stolen trade secrets to Chinese firms so they could develop a pigment used to whiten a wide range of products. US officials said the conviction of Walter Lian-Heen Liew, also known as Liu Yuanxuan, marked the first federal jury conviction on charges brought under the Economic Espionage Act of 1996....
Tokyo (AFP) March 07, 2014 - Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit. Tokyo also said that banks could not broker Bitcoin transactions or open accounts holding the virtual unit, which launched just five years ago, in an apparent bid...
Global Trade News has taken the information that we have gathered over the last month from governments around the world, and compiled it into a monthly summary, posted here for you. Continue reading → ...
On March 3, 2014 a free trade agreement (FTA) between Costa Rica and Columbia was approved during the first round of negotiations. The FTA, approved by the Legislative Assembly of Costa Rica, is a move towards Costa Rica’s admittance into the Pacific Alliance group. Continue reading → ...
Sydney (AFP) March 05, 2014 - Wealthy Chinese will pour Aus$44 billion (US$39.4 billion) into Australian real estate over the next seven years, potentially pushing prices in one of the world's most expensive housing markets even higher, a study said Wednesday. Investment bank Credit Suisse used data from the Foreign Investment Review Board and other government agencies to estimate the amount of Chinese...
Tokyo (AFP) March 05, 2014 - Japan may slap regulations on Bitcoin including taxing transactions, a report said Wednesday, as the global digital currency suffered another alleged theft that cast doubt on its reliability. Tokyo will issue new guidelines, possibly this week, which would pave the way for firm rules that could see banks and brokerage houses restricted in how they deal in the virtual unit,...