* The Canada-ASEAN Business Council (CABC) The Canada-ASEAN Business Council (CABC) has been created to promote and increase trade and investment for both sides. The initiative is a part of the 2012-2015 ASEAN-Canada Workplan. More here. ———————————————————————————————————————————————– * Singapore DTAs with Italy & Bahrain The bilateral double taxation agreement (DTA) between Singapore and Italy (signed on May 24, 2011) entered into force on August 30, 2012, while the DTA between Singapore and Bahrain (signed on October 14, 2009) will enter into force on September 29, 2012. ———————————————————————————————————————————————– * Serious Delays in Establishing a Pan-European Road Toll Payment System An European Commission’s report warns that the foreseen target date of 8 October 2012 for EETS availability to heavy duty vehicles will not be met. The European Electronic Toll Service (EETS) ensures interoperability of road toll systems throughout the European Union (EU) with one subscription contract with one service provider and one on-board unit. More here and here.