Archive for category E-commerce & Digital Markets

More Trade News in Brief – Week 21 (20 – 26 May 2013)

 
* Switzerland & China FTA
 
Switzerland and China have signed a free-trade agreement. The deal is the first between China and a continental European economy.
 
Check here and here for more.
 
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* ICC – Authorized Economic Operator (AEO)
 
ICC has published a collection of standards to help border authorities determine a standardized definition of a diligent trader, commonly referred to as Authorized Economic Operator (AEO).
 
Read more here.
 
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* US & Myanmar Signed TIFA
 
The United States and the Republic of the Union of Myanmar signed a Trade and Investment Framework Agreement (TIFA).
 
Follow the link for more.
 
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* ISO – A Revised Standard for the Financial Services Industry
 
ISO has just published a revised version of the ISO 20022:2013 series on financial services, which ensures the reliable transfer of data, making financial transactions more secure.
 
Click here.

 

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More Trade News in Brief – Week 17 (22 – 28 April 2013)

 
* EU & Morocco to Start DCFTA Talks
 
22 April 2013, Brussels
 
The EU and Morocco started the first round of negotiations for an EU-Morocco Deep and Comprehensive Free Trade Area (DCFTA).
 
Check here for more.
 
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* IOSCO – Report on Technological Challenges to Market Surveillance
 
 22 April 2013, Madrid (Spain)
 
 The Board of the International Organization of Securities Commissions (IOSCO) published today a final report on Technological Challenges to Effective Market Surveillance: Issues and Regulatory Tools.
 
Read the report here.
 
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* ISO’s 2012 Annual Report
 
The ISO’s 2012 Annual Report examines the organization’s activities in the field of business and economy standards.
 
Discover ISO’s Annual Report 2012 here.
 
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* New ISO for Financial Services
 
ISO/ IEC published a new standard: ISO/IEC TR 27015:2012, Information technology – Security techniques – Information security management guidelines for financial services – guidance for organizations providing financial services.
 
Read more here.
 

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More Trade News in Brief – Week 11 (11 – 17 March 2013)

 
* EU-US Trade Talks to Start
 
12 March 2013, Brussels
 
The European Commission agreed the draft mandate for the Transatlantic Trade and Investment Partnership Agreement with the United States, the draft mandate will be sent to the Council for the Member States to approve.
 
Read more here.
 
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* Brazil Joins the UN CISG
 
5 March 2013, Vienna
 
Brazil becomes the 79th State Party to the United Nations Convention on Contracts for the International Sale of Goods (CISG).
 
Further information on the CISG is available on the UNCITRAL website at www.uncitral.org.
 
Check here too.
 
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* The Use of Electronic Communications in International Contracts
 
1 March 2013, Vienna
 
The United Nations Convention on the Use of Electronic Communications in International Contracts entered into force on 1 March 2013.
 
Further information on the Convention is available on the UNCITRAL website at www.uncitral.org.
 
Kindly follow the link for more.
 

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More Trade News in Brief – Week 10 (4 – 10 March 2013)

 
* ICC – New Model International Sale Contract
 
4 March 2013, Paris
 
The International Chamber of Commerce (ICC) has released the updated Model International Sale Contract including an interactive digital version.
 
The new model permits companies and lawyers to define their own reliable import-export agreements that are in line with Incoterms® 2010 and the latest developments in international trade.
 
Visit the ICC Commercial Law and Practice Commission.
 
Check here for more.
 
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 * US Foreign Trade Policy
 
The Office of the United States Trade Representative (USTR) released the ”2013 Trade Policy Agenda and 2012 Annual Report”.
 
Please find the 2013 Agenda and 2012 Report here.
 
Also, USTR published its 2013-2016 Strategic Plan.
 
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* New Zealand and Chile Signed FTA
 
New Zealand and Chile signed a free trade agreement (FTA).
 
Check here.
 
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* UN Strength Sanctions on North Korea
 
7 March 2013
 
The United Nations Security Council tightened sanctions on the Democratic People’s Republic of Korea (DPRK)’s trade and banking.
 
Check the Press Release.
 

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More Trade News in Brief – Week 9 (25 February – 3 March 2013)

 
* New ISO Standard for Electronic Signatures
 
The new ISO standard secures the electronic signatures when the documents they authenticate are transferred and processed through different information technology systems.
 
  • ISO 14533-1:2012, Processes, data elements and documents in commerce, industry and administration – Long term signature profiles – Part 1: Long term signature profiles for CMS Advanced Electronic Signatures (CAdES)
  • ISO 14533-2:2012, Processes, data elements and documents in commerce, industry and administration – Long term signature profiles – Part 2: Long term signature profiles for XML Advanced Electronic Signatures (XAdES)
Check here.
 
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* GVCs and Development: Investment and Value Added Trade in the Global Economy
 
The United Nations Conference on Trade and Development (UNCTAD) describes in a new report regarding the global value chains (GVC) and its importance in investment and trade.
 
Please follow the link.
 
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* Azerbaijan & Lesotho – New Members of the Global Forum on Tax Transparency
 
The Global Forum on Transparency and Exchange of Information for Tax Purposes, multilateral framework carried out by both OECD and non-OECD economies, welcomes Azerbaijan and the Kingdom of Lesotho as new members.
 
Click here for more.
 
Read more on the work of the Global Forum here and here.
 
 

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The European Union Approach to Technology and Innovation

 
* Science and Technology Advisory Council
 
The European Commission announced the creation of a Science and Technology Advisory Council.
 
The Council is an independent and informal group of outstanding science and technology experts from academia, business and civil society from across the European Research Area.
 
Check here please.
 
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* Key Enabling Technologies – KETs
 
The Key Enabling Technologies, or simply KETs – nanotechnology, micro-/nanoelectronics, industrial biotechnology, advanced materials, photonics and advanced manufacturing technologies – represent and exceptional importance for the future innovation and competitiveness of the EU.
 
To assure and improve access to finance for investments in KETs, the European Commission and the European Investment Bank signed a Memorandum of Understanding.
 
Kindly find additional information here.
 
 

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A Unitary Patent System for Europe

 

The European Union (EU) member countries signed an agreement for establishing a Unified Patent Court (UPC).
 
The Unitary Patent system will make obtaining a European Patent less complex and cheaper while ensuring legal certainty throughout the entire single jurisdiction.
 
Read about UPC here and here.
 

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More Trade News in Brief – Week 7 (11 – 17 February 2013)

 
* OECD – International Tax System
 
The Organisation for Economic Co-operation and Development (OECD) urges stronger international co-operation on corporate tax to avoid different treatment between multinationals and local smaller businesses.
 
The study – Addressing Base Erosion and Profit Shifting (BEPS) – reflects the tax system over the G-20 countries.
 
Check here for more.
 
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 * ICC-Ifo – World Economic Climate
 
The International Chamber of Commerce (ICC) and Ifo Institute published the latest World Economic Survey (WES).
 
For further details check here and here.
 
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* The Global Competitiveness Report 2012–2013
 
The World Economic Forum (WEF) released ”The Global Competitiveness Report 2012–2013”.
 
Please check it here.
 

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Online Training in International Arbitration

29 January 2013, Paris
 
The International Chamber of Commerce (ICC) has unveiled its new “ICC Arbitration Online Training”.
 
The official e-learning course explain the inside workings of international arbitration and the 2012 ICC Rules of Arbitration, currently caters Trade Finance and Incoterms®2010 rules.
 
View the online training demo.
 
For more information visit the ICC Arbitration online training.
 
View ICC’s general online training.
 

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More Trade News in Brief – Week 4 (21 – 27 January 2013)

 
* ILO – Global Employment Trends 2013
 
22 January 2013
 
The International Labour Organization (ILO) has issued a new report on global employment.
 
The Global Employment Trends 2013 is available here.
 
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* Romania – The 118th member of the Global Forum
 
23 January 2013
 
Romania has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes developed by OECD.
 
Check here for more.
 
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* ISO – Information Security and Service Management Standard
 
16 January 2013
 
The International Organization for Standardization (ISO) in collaboration with International Electrotechnical Commission (IEC) published a new international standard regarding the information security and service management system.
 
Read more about the new ISO/IEC 27013:2012, Information technology – Security techniques – Guidance on the integrated implementation of ISO/IEC 27001 and ISO/IEC 20000-1 here.
 

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