Archive for July, 2012
Please read the article “11 International Agreements That Are Nails In The Coffin Of The Petrodollar” about the panaroma of a less important USD in the international trade.
11 July 2012 The Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO) publish new Agricultural Outlook 2012-2021. The publication can be downloaded under the link.
12 July 2012, Phnom Penh The European Union (EU) accedes to the Treaty of Amity and Cooperation in Southeast Asia (TAC) established by the founding members of the Association of Southeast Asian Nations (ASEAN). For further information please refer to the European Commission’s Press Release.
* Free Online Tool for Trade and Market The International Trade Centre (ITC) has redeveloped its free online analysis tool Market Access Map. Market Access Map is an interactive analytical web tool informing about tariffs and non-tariff measures (NTMs) and other market access conditions. The tool is available at www.macmap.org. More here. ———————————————————————————————————————————————–———– * Mozambique Sign IMO Anti-piracy Code 6 July 2012 Mozambique is the 20th state to The Code of Conduct concerning the Repression of Piracy and Armed Robbery against Ships in the Western Indian Ocean and the Gulf of Aden (Djibouti Code of Conduct) developed by International Maritime Organization (IMO). More here. ———————————————————————————————————————————————–———– * CARICOM-Canada Revised FTA The Caribbean Community (CARICOM) and Canada express their desire to agree a revised free trade agreement to replace the actual CARIBCAN preferential trade programme until the end of the year. More here. ———————————————————————————————————————————————–———– * Japan & Liechtenstein Sign TIEA Japan & Liechtenstein sign bilateral Tax Information Exchange Agreement (TIEA) in accordance with the Organization for Economic Cooperation and Development’s (OECD) model convention.
———————————————————————————————————————————————–———–* Ghana Signs Tax Cooperation Agreement 10 July 2012 Ghana is the second African country, after South Africa, to sign the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed by the Council of Europe and the Organization for Economic Cooperation and Development (OECD).
11 July 2012, Phnom Penh (Philippines) The European Union (EU) and the Philippines signed a Partnership and Cooperation Agreement on issues such as migration and energy. For more click here.
The African leaders are taking in consideration on for their 19th African Union (AU) 2012 summit meeting the ambitious idea of an Continental Free Trade Area (CFTA) by 2017. More here.
6 July 2012 The World Trade Organization (WTO) approved proposals to streamline and facilitate the accession process for Least Developed Countries (LDCs). For more details, please refer to the next news.
11 July 2012 The European Central Bank (ECB) published the report “The International Role of the Euro” to exam the developments in the use of the EUR by non-euro area residents during 2011. More here.
* World Investment Report 2012 The UN Conference on Trade and Development (UNCTAD) launched “World Investment Report 2012: Towards a New Generation of Investment Policies”. The Report contains a detailed analysis of world investment trends (global and regional) and give a special attention to national policy developments and on the new generation of investment policies. Also, The Report provides detailed guidelines for investment policymaking. The Report and accompanying detailed statistics can be downloaded from here. ———————————————————————————————————————————————–———– * Online Platform on the New York Convention Guide The United Nations Commission on International Trade Law (UNCITRAL) launched of an online platform to support the forthcoming Guide on the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, 1958 (New York) known as the New York Convention. For more information click here. ———————————————————————————————————————————————–———– * UNCITRAL Adopted Recommendations to Assist Arbitral Institutions The United Nations Commission on International Trade Law (UNCITRAL) release the UNCITRAL Recommendations to assist arbitral institutions and other interested bodies under the UNCITRAL Arbitration Rules 2010. Please check for more details here.