Archive for category International Trading Rules & Policies
Iran and six major powers agreed early Sunday on a historic deal that freezes key parts of Iran’s nuclear program in exchange for temporary relief on some economic sanctions.
Check here for more.
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Economic Sanctions, Iran, Iran and six major powers, Iran’s nuclear program
The WTO’s Annual Report 2014 provides a comprehensive overview of the WTO’s activities over the past year.
The app is freely available from the App Store, Google Play and Amazon.
The PDF can be downloaded from the WTO website.
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Annual Report, WTO, WTO - 2014 Annual Report, WTO website, WTO’s Annual Report 2014
* OECD – Economic Outlook
OECD published its last Economic Outlook: global economy strengthening but significant risks remain.
Check the OECD’s latest Economic Outlook.
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* OECD – Services Trade Restrictiveness Index
The OECD’s new Services Trade Restrictiveness Index (STRI) provides a unique and comprehensive snapshot of services trade restrictions across 18 sectors in 40 leading economies, representing over 80% of global services trade.
Read more about Services Trade Restrictiveness Index (STRI).
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global economy 2014, News from OECD, OECD - Economic Outlook, OECD Services Trade Restrictiveness Index (STRI) 214, services trade restrictions 2014, Services Trade Restrictiveness Index (STRI)
* ICC – Drafting and Negotiating
ICC has published a practical guide to drafting and negotiating international commercial contracts.
Kindly follow the link for more.
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* Gambia Pulls Out of Commonwealth
Gambia has withdrawn from the British Commonwealth.
Please check here.
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* Revised ISO/IEC 27001
ISO published the revised standard of information security management system ISO/IEC 27001.
Kindly check here and here for more details.
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British Commonwealth, Gambia Pulls Out of Commonwealth, ICC, ICC - Drafting and Negotiating, information security management system, international commercial contracts, practical guide to drafting and negotiating international commercial contracts, Revised ISO/IEC 27001
A group of 20 trading partners – the US, Canada, the European Union, Norway, Switzerland, Australia, New Zealand, Hong Kong, South Korea, Japan, Singapore, Taiwan, Mexico, Chile, Colombia, Peru, Costa Rica, Israel, Pakistan and Turkey – will start soon negotiations on a new International Services Agreement (ISA).
Please find more information following the next link.
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Australia, Canada, Chile, Colombia, Costa Rica, Hong Kong, Israel, Japan, Mexico, negotiations on a new International Services Agreement (ISA), New International Services Trade Agreement (ISA), New Zealand, Norway, Pakistan and Turkey, Peru, Singapore, South Korea, Switzerland, Taiwan, the European Union, trade news, trading partners, trading updates, US
7 January 2013, Paris
The ICC’s new Uniform Rules for Forfaiting (URF) came into force on 1 January 2013.
The rules have been developed in cooperation with the International Forfaiting Association (IFA) and complement other ICC uniform rules – the Uniform Customs and Practice for Documentary Credits (UCP).
Find more details here.
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global trade news, ICC uniform rules, IFA, International Forfaiting Association (IFA), UCP, Uniform Customs and Practice for Documentary Credits (UCP(, Uniform Rules for Forfaiting (URF), URF 2013
13 December 2012, Paris
International Chamber of Commerce (ICC) has issued a new volume containing decisions on Documentary Credit Dispute Resolution Expertise (DOCDEX – Decisions 2009-2012).
DOCDEX include cases based on other ICC rules kike:
– Uniform Rules for Collections (URC)
– Uniform Rules for Bank-to-Bank Reimbursements (URR)
– Uniform Rules for Demand Guarantees (URDG)
The new volume is an important point of reference for bankers, lawyers, importers/exporters and other practitioners who make use of ICC rules.
For more information visit the ICC DOCDEX Rules.
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credit dispute, DOCDEX, DOCDEX - Decisions 2009-2012, documentary credit, ICC DOCDEX, ICC Published New Volume on DOCDEX, international chamber of commerce, Uniform Rules for Bank-to-Bank Reimbursements (URR), Uniform Rules for Collections (URC), Uniform Rules for Demand Guarantees (URDG)
10 December 2012
Tajikistan will become the 159th member of the Word Trade Organization (WTO) once it will ratify the deal by 7 June 2013.
Check for more here.
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Word Trade Organization (WTO), WTO & Tajikistan, WTO Approves Tajikistan’s Membership
19 November 2012
The WTO’s interactive tool offers data on merchandise and commercial services trade as well as selected market access indicators from World Tariff Profiles (a WTO, ITC and UNCTAD co-publication).
The tool is accessed through the WTO’s website (www.wto.org/stats) and consists of four parts:
– The Trade Dashboard
– The Trends Dashboard
– The Tariffs Dashboard
– Made in the World
The data is presented in the form of interactive maps, charts and data tables and the information can be export underlying the graphics.
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business, ITC and UNCTAD, market access indicators, World Tariff Profiles, WTO’s interactive too
Find more details here.
Trade News in Brief 