News from ASEAN

* Timor-Leste Remains Committed to Join ASEAN

 

Timor-Leste remains committed to joining ASEAN and is currently rolling out measures at the national level to consolidate its bid for membership of ASEAN.

 

Check here for more.

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* ASEAN to Pilot Customs Transit System

 

An ASEAN Customs Transit System (ACTS) will be piloted in Malaysia, Singapore and Thailand. The system, aimed at facilitating the movement of transit goods by road within ASEAN.

 

Read more following the link.

 

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More Trade News in Brief Week 44 (27 October – 2 November 2014)

* Understanding National Accounts from OECD

 

The second edition of OECD’s guide Understanding National Accounts provides a comprehensive explanation of how national accounts are compiled and what they mean.

 

Read more here.

 

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* The Global Community of Practice on Food Loss Reduction

 

The Global Community of Practice (CoP) on Food Loss Reduction is launched jointly by the three Rome-based United Nations agencies, the Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the World Food Programme.

 

The Global Community of Practice on Food Loss Reduction attempts to reduce food losses and waste, which account for one third of food produced for human consumption, by bringing together for the first time a range of resources and allows stakeholders to share experiences and best practices.

 

The Global Community of Practice on Food Loss Reduction aims to become a global reference point that facilitates the sharing of information and linkages between stakeholders including public entities, civil society and the private sector.

 

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* ICC Adopts New Set of Rules for Dispute Resolution in Trade Finance

 

The International Chamber of Commerce (ICC) Banking Commission unanimously adopted today revised rules for Documentary Credit Dispute Resolution by Expertise (DOCDEX).

 

Find more here.

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* WTO Report Says Restrictive Trade Measures Continue to Rise in G-20 Economies

 

Restrictive trade measures introduced by G-20 economies since 2008 continue to rise, according to the latest WTO report on recent trade developments issued on 6 November 2014.

 

> WTO Report on G-20 Trade Measures (mid-May 2014 to mid-October 2014)

 

> Summary and Status of G-20 trade and trade-related measures since October 2008 (Excel Format)

 

> OECD/UNCTAD Report on G-20 Investment Measures