* EU & Singapore Concluded FTA The European Commission & Singapore have concluded the negotiations for a free trade agreement (FTA). Check here. ———————————————————————————————————————————————– * US to Modernize Its Customs US introduced the Customs Trade Facilitation and Enforcement Act of 2012. The bill’s aim is to modernize the United States Bureau of Customs and Border Protection (CBP) and boost the enforcement of trade laws governing import duties. For more follow the link. ———————————————————————————————————————————————– * Andorra’s Tax Reforms The tax heaven small country Andorra announced the implementation of “courageous” reforms in order to construct a completely new tax system. More here.