Archive for category Environmental Concern & Action

More Trade News in Brief – Week 22 (27 May – 2 June 2013)

 
* US – CARICOM Signed TIFA
 
The United States and CARICOM signed a Trade and Investment Framework Agreement (TIFA) which replace the agreement establishing a Trade and Investment Council (TIC) signed in 1991.
 
Follow the link for more.
 
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* BRICS Launched BRICSMART
 
The BRICS Exchanges Alliance launched its own website to create a single data portal containing information on its member’s financial products and services.
 
The website is called BRICSMART.
 
Kindly follow the link.
 
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* Iran – Indonesia Inked a MoU
 
Iran and Indonesia signed a memorandum of understanding (MoU) on mutual trade cooperation.
 
Check here.
 
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* Copernicus – The EU’s Earth Observation Programme
 
The new name of the European Commission’s Earth Observation Programme, previously known as GMES (Global Monitoring for Environment and Security), is Copernicus. The programme aims at providing Europe with a continuous, independent and reliable access to earth observation data and information.
 
Read more here.
 

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More Trade News in Brief – Week 15 (8 – 14 April 2013)

 
* WB – Sector Results Profile
 
The World Bank published some examples of results of its programs in different sectors, please check bellow:
 
Environment: Sector Results Profile
 
Information and Communication Technologies: Results Profile
 
Oceans: Sector Results Profile
 
Climate Change: Sector Results Profile
 
Water Resources Management: Sector Results Profile
 
Water Supply and Sanitation: Sector Results Profile
 
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* BIS – Basel III Implementation
 
The Bank for International Settlements on progress in adoption of the Basel III regulatory reforms
 
Please check the press release and the report.
 
 
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* China and Iceland Sign Free Trade Agreement
 
China and Iceland signed a free trade agreement. Iceland is first in Europe to sign free trade pact with China.
 
For further information please check here and here.
 

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UN Initiatives in Climate Change and Green Economy

 
* The Climate Technology Centre and Network (CTCN)
 
19 February 2013, Nairobi/ Vienna
 
The UN established a new network in order to help worldwide countries to reduce greenhouse gas emissions, and improve resilience to changing weather patterns, drought, soil erosion, and other impacts of climate change.
 
The Climate Technology Centre and Network (CTCN) aims to speed up the transfer of climate-related technology and expertise to developing countries.
 
Kindly read more about the CTCN here.
 
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* The Partnership for Action on Green Economy (PAGE)
 
22 February 2013, Nairobi
 
Four UN agencies – the United Nations Environment Programme (UNEP), the International LabourOrganization (ILO), the United Nations Industrial Development Organization (UNIDO) and the United Nations Institute for Training and Research (UNITAR) – have set a new partnership to support 30 countries over the next seven years in building national green economy strategies.
 
More information on PAGE can be found following the link.
 
Check the Press Release.
 

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More Trade News in Brief – Week 5 (28 January – 3 February 2013)

* OECD – Energy Policy
 
OECD published two reports regarding energy policy, public finances and environmental goals:
 
Taxing Energy Use
 
Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels 2013
 
Please find more here.
 
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* UNCTAD – Global Investment Trends Monitor
 
The UN Conference on Trade and Development (UNCTAD) released the Global Investment Trends Monitor.
 
The report describes the actual global foreign direct investments (FDI) and its trends.
 
Check here for more.
 
 
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* Jersey Signs Updated DTA’s
 
The Jersey government has signed new comprehensive double tax agreements (DTA’s) with the Isle of Man and Guernsey.
 
Please follow the link.
 

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More Trade News in Brief – Week 2 (7 – 13 January 2013)

* IMO – Amended MARPOL
 
The new amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) entered into force on 1 January 2013.
 
The new chapter make mandatory the Energy Efficiency Design Index (EEDI), for new ships, and the Ship Energy Efficiency Management Plan (SEEMP) for all ships.
 
Find more on the International Maritime Organization (IMO) page.
 
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* Laos – The WTO’s 158th Member
 
Laos will officially become the WTO’s 158th member state on 2 February.
 
Read more here.
 
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* Comoros – The 146th Contracting Party to the Harmonized System Convention
 
The Union of the Comoros started the process of joining to the International Convention on the Harmonized Commodity Description and Coding System (Harmonized System).
 
Check the Press release.
 

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EU & Shipping Industry

* European Commission Proposed a New Framework for Marine Equipment
 
 The European Commission adopted a proposal for a new directive on marine equipment (the “MED”).
 
The Commission has proposed a revision of the Directive on marine equipment to ensure an harmonised application of the International Maritime Organisation (IMO) standards.
 
The proposal has two general objectives:
– to enhance the implementation and enforcement mechanisms of the MED, and
– to simplify the regulatory environment.
 
For more information, check here and here.
 
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* New Rules on Cleaner Fuels for Shipping
 
On 17 December 2012 entered in force the new EU environmental rules on marine fuels.
 
Check for more here.
 

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More Trade News in Brief – Week 38 (10 – 16 September 2012)

* Liechtenstein & Germany – Tax Data Exchange
 
Liechtenstein and Germany are currently considering the idea of concluding a withholding tax agreement with an automatic exchange of tax information.
 
For more information please follow the link.
 
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* New Rules in the EU Standardisation System
 
The European Union (EU) prepare a new regulation modernising the EU Standardisation system and will also be better plugged into the international standardisation system.
 
The new rules enter into force on 1 January 2013 and will apply directly in all member states.
 
Kindly check here.
 
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* Equasis 2011 Annual Report published
 
“The world merchant fleet in 2011” has been published and is available for download.
 
Equasis is database containing safety-related information on the world’s merchant fleet from both public and private sources.
 
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* New ISO standard for eco-efficiency assessment
 
13 September 2012
 
The International Organization for Standardization  (ISO) published a new standard describing the principles, requirements and guidelines for eco-efficiency assessment for product systems.
 
ISO 14045:2012, Environmental management – Eco-efficiency assessment of product systems – Principles, requirements and guidelines is available through the ISO Store.
 
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* Singapore & Vietnam Sign DTA Protocol
 
12 September 2012
 
Singapore and Vietnam signed a protocol to amend the existing double taxation agreement (DTA) between the two countries.
 
For more, please check here.
 

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More Trade News in Brief – Week 36 (27 August – 2 September 2012)

* Switzerland Adopts Several Maritime Conventions
 
Switzerland adopted four conventions developed by the International Maritime Organisation (IMO) to enhance the protection of the marine environment.
 
Switzerland has adopted the next conventions:
 
–          Annex VI of the MARPOL Convention
–          the 2001 International Convention on Civil Liability for Bunker Oil Pollution Damage
–          the 2004 International Convention for the Control and Management of Ships’ Ballast Water and Sediments
–          and the 2011 International Convention on the Control of Harmful Anti-fouling Systems on Ships
 
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* India & Mauritius Negotiate New DTA
 
India and Mauritius have completed a further round of negotiations towards a new Double Tax Agreement (DTA).
 
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* Andorra Extends TIEA Network
 
Andorra approved the signature of new Tax Information Exchange Agreements (TIEA) with the Czech Republic and South Korea.
 
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* WTO Statistics Database Updated
 
The World Trade Organization (WTO) updated its 2011 database on world merchandise trade.
 
Please check the Statistics Database here.
 
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* New WTO Members: Russia and Vanuatu
 
On 22 August 2012, Russia becomes the 156th WTO member and Vanuatu will join the WTO on 24 August as its 157th member.
 
More here.
 

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New Partners on Environment Coalition

25 July 2012
 
“World-Wide Action on Black Carbon, Methane and Other Short-Lived Pollutants” grows as seven countries join to new coalition towards to cut a range of climate damaging pollutants that also have health and agricultural impacts.
 
Denmark, Finland, France, Germany, Italy, Jordan and the United Kingdom announced as new country partners in “Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants” under UNEP direction.
 
More here.

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OECD Agreed New Greener Export Credit Rules

2 July 2012
 
OECD countries approved new rules to strengthen environmental and social due diligence processes and to create financially incentives to support advanced climate-friendly technologies.
 
For further information, click here.

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