Welcome to the August 2017 edition of Baker McKenzie’s International Trade Compliance Update. Here are some highlights:
- UNSC Res. 2368
- WTO: review of regional trade agreements; Trade Policy Reviews of EU and Brazil; DSB activities
- Central America: Guatemala-Honduras Customs Union
- Canada: MRA with Australia, Israel
- USA: sanctions update; Executive Orders, continuation of national emergencies; NAFTA objectives and negotiations; sugar TRQs; KORUS FTA meeting; USTR seeks comments on AGOA, CBERA and CBTPA; GSP review; ITC Year in Trade released; US-Mexico sugar agreement; ACAS; adjustment of fees; AES EEI, Global Entry expanded; “Lever Rule” determinations; FTZ actions; FINCEN actions; EAR revisions; FDA low value shipment rules; FSIS guidance for importers; FSIS Siluriformes inspections; FCC modernizes import requirements
- Argentina: changes to import licensing procedures
- Ecuador: removal of import surcharges
- Australia: penalties increase; sanctions review
- Japan: revised Foreign Exchange and Foreign Trade Act
- Malaysia: Strategic Trade (Amendment) Act; new GST relief;
- New Zealand: export of indigenous timber; consultation on drawback
- Singapore: Strategic Goods Control list
- Thailand: new e-commerce law; government procurement and supplies management bill
- Vietnam: new Civil Code amendments affect bank accounts for foreign representative offices and other businesses
- EU: sanctions and restrictions; consultation on exchange of custom information; EU-Japan EPA; CN amendments
- Sweden: proposes tightened export controls of military equipment
- UK: Parliament looks at post-Brexit sanctions policy
- Qatar: diplomatic crisis
Plus regulations and notices published in government gazettes or posted on government websites that relate to Customs/imports, Exports, Trade Sanctions, Trade Remedies, Government Procurement, Antibribery or related trade issues, as well as links to numerous client alerts and registration information on upcoming webinars or seminars.