As a top producer of numerous critical mineral commodities, Africa is set to benefit from the rapid increase in the rate of global energy transition, with the continent’s mining industry playing a role in sourcing and supplying these critical minerals for use in clean energy initiatives. Exporting these critical minerals as raw materials, however, reduces Africa’s trading position to one of price takers, and the current disruptions in global supply chains are hampering the trade of these commodities in Africa, with mining companies subject to long delays and higher costs. The African Continental Free-Trade Area, implemented in 2021, acts as a strong impetus for African governments to address their infrastructure gaps, streamline their supply chains, boost their manufacturing capacity and overhaul regulation relating to trade, cross-border initiatives, investment-friendly policies and capital flows.
In brief 2022 was undoubtedly an active period for Vietnam’s regulatory landscape and the year has drawn to…
In November 2022 the UK Government announced a new, temporary 45% levy on “exceptional” receipts generated from the production of wholesale electricity and published a “technical note” on the operation of the levy. Despite heavy criticism of the move by many clean energy market participants, on 20 December 2022 the UK Government confirmed its intention to press ahead with the EGL by publishing a supplementary technical note and draft legislation outlining the details of how the new tax would operate. The EGL has been introduced from 1 January 2023 and will have an impact on existing and potential investors in the UK clean energy market.
In the period between 2020 and 2022, the new Law on Environmental Protection and its guiding Decree No. 08/2022/ND-CP were promulgated, providing a fundamental legal framework for extended producer responsibility (EPR). EPR-related regulations impose a number of obligations on manufacturers and importers of certain types of products and packaging in Vietnam. Nonetheless, the EPR legal framework is not yet complete.
In this vlog series, our MENA team of cross-practice specialists provide a quick roundup of the latest legal and commercial developments in the region as well as insights to emerging challenges and opportunities, to guide you as you shape your organization’s business resilience and strategy in the medium and long term. In addition, our senior female lawyers from our BakerWomen Middle East team join the conversations and share their insights on business and inclusion issues and trends in the region, as together we look to build trust and well-being in a post-pandemic world.
In an increasingly connected world, a holistic perspective is essential to capture commercial opportunities while mitigating evolving risk. This podcast series spans markets, sectors and areas of laws to uncover forward-looking insights from Baker McKenzie and industry experts on driving growth in your organization.
Episode 2 of the series focuses on building business resilience in a turbulent environment. Baker McKenzie’s Anne Petterd, Mark Turner (Managing Director, Kroll) and Frances Coppola (speaker and writer) examine the role of regulation in creating sustainable growth, the impacts of increasing digitalization and cybersecurity on business stability and why stimulating investment will contribute to future economic security.
In May 2022, the Indo-Pacific Economic Framework for Prosperity (IPEF) was launched between Australia, Brunei, Fiji, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, the US and Vietnam. On account of its specified focus on labor standards and issues, IPEF is likely to have an ongoing impact on labor regulations and trends among partner countries, including Vietnam.
ESG disputes pose one of the top risks to organizations in the coming year, particularly the increasing concern of governance disputes. Join Baker McKenzie’s global team on 31 January 2023 as they discuss key risks to your organization as well as how to manage these and adapt to changing demands.
Our latest sustainability guide, ESG Policy Guide – The Future of Sustainability Legislation for Luxury, has been developed in collaboration with Positive Luxury, the company behind the Butterfly Mark, a unique mark awarded to luxury lifestyle brands, retailers and suppliers in recognition of their commitment and verified actions to creating a positive impact on our world. It features recent and upcoming developments in ESG legislation and policies in the US, UK and the EU and explains how these impact the luxury, fashion, and cosmetics industries.
Join us for our 20th Annual Global Trade and Supply Chain Webinar Series which includes updates across the latest international trade and supply chain compliance developments.
This year, in a variety of sessions, our panels of experts will cover the key developments and latest trends on trade controls including sanctions, export controls and other regimes. On the inbound side, there will be sessions on opportunities and compliance challenges arising out of FTAs, hot topics on customs valuation, trends in customs audits and supply chain compliance challenges, as well as trade remedies and WTO developments.