Archive for July, 2012

More Trade News in Brief – Week 31 (23–29 July 2012)

* EU and Angola Sign a New Cooperation Agreement
 
24 July 2012, Brussels
 
The new cooperation agreement, entitled “Joint Way Forward Angola – European Union”, cover several areas, including peace and security, economic growth and sustainable development, good governance and human rights, energy, transport, environment, science and technology, and education.
 
Please find more following the link.
 
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* Updated ISO/IEC 17024 Standard
 
24 July 2012
 
“ISO/IEC 17024:2012, Conformity assessment – General requirements for bodies operating certification of persons”  guides organizations, that certify individuals in a variety of occupations and professions, protect the integrity and ensure the validity of individual certification programmes.
 
More here.
 
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* The Republic of South Sudan is the 178th Member of WCO
 
18 July 2012, Brussels
 
WCO have now 178 members after the Republic of South Sudan deposited with the Belgian Government its instrument of accession to the Convention establishing a Customs Co-operation Council.
 
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* CIS Countries Access to Customs Union
 
The board chairman of the Eurasian Economic Commission Viktor Khristenko announced that the CIS countries will be able to join the Technical Regulations of the Customs Union (of Russia, Belarus and Kazakhstan) to have smooth and quick access to the three states’ single market.
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Japan and Turkey Initiate Talks on FTA

21 July 2012,  Tokyo
 
After the meeting of the Turkish Economy Minister and the Japanese Foreign Minister and its Economy, Trade and Industry Minister, both countries expressed their desire to initiate talks on a free trade agreement (FTA) as soon as possible and signed a memorandum of understanding (MoU) on setting up a framework for economic cooperation.
 
Please read more following the link.

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New Partners on Environment Coalition

25 July 2012
 
“World-Wide Action on Black Carbon, Methane and Other Short-Lived Pollutants” grows as seven countries join to new coalition towards to cut a range of climate damaging pollutants that also have health and agricultural impacts.
 
Denmark, Finland, France, Germany, Italy, Jordan and the United Kingdom announced as new country partners in “Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants” under UNEP direction.
 
More here.

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U.S.: The Year in Trade 2011

18 July 2012
 
The U.S. International Trade Commission (USITC) released The Year in Trade 2011, its annual overview of the previous year’s trade-related activities.
 
More here.

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More Trade News in Brief – Week 30 (16–22 July 2012)

* South Korea/Switzerland TIE Protocol
 
The revised Double Taxation Agreement (DTA) between South Korea and Switzerland, including provisions on the exchange of tax information (TIE), is to go into effect on July 25, 2012.
 
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* ICC Published a Guide to New Rules of Arbitration
 
The International Chamber of Commerce (ICC) has release “The Secretariat’s Guide to ICC Arbitration” offering a detailed article-by-article commentary on the 2012 Rules and more.
 
Please refer to the next link
 
 
 
ICC Arbitration Guide - Trade News in Brief
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* Tunisia and OECD Strengthen Relations
 
Tunisia signs multilateral agreement on fiscal co-operation and strengthens its links with the OECD.
 
More here.

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OPEC Published Annual Statistical Bulletin 2012

16 July 2012
 
The OPEC Secretariat released the online edition of its 2012 Annual Statistical Bulletin (ASB).
 
The ASB is a compilation of statistical data about global petroleum industry and activities (oil and gas natural)  in OPEC’s 12 Member Countries (Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, U.A.E. and Venezuela) as well as in non-OPEC oil producing countries around the world.
 
To download the pdf version of the ASB, please visit the OPEC’s website.

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EU/Mercosur Trade Talks Suspended

The European Union (EU) negotiations with Mercosur have been suspended and they will be resumed after Paraguayan elections of April 2013.

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OECD Model Tax Convention Updated

17 July 2012
 
The OECD updated Article 26 of the OECD Model Tax Convention regarding information exchange. The amendment permit the tax authorities to ask for information which is “foreseeably relevant” for regardless of bank secrecy and a domestic tax interest.
 
More here.

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OLAF Annual Report for 2011

3 July 2012, Brussels
 
The European Anti-Fraud Office (OLAF) published the Annual Report 2011 include samples of cases investigated by OLAF into suspected crimes against different sectors of the EU budget.
 
The report can be downloaded from here.
 
OLAF Report 2011 - Trade News in Brief
 
 
For further details click here.

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The World Trade Report 2012

16 July 2012
 
The World Trade Report 2012, published by World Trade Organization (WTO), exams the worldwide trade and public policies and the regulatory measures for trade in goods and services.
 
The main focus of the Report is on the non-tariff measures (NTMs) as technical barriers to trade (TBT) and sanitary and phytosanitary (SPS) measures.
 
 World Trade Report 2012 - Trade News in Brief
 
For more information please refer to next link and the Report can be download from here.

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