Archive for category Logistics & Transportation
New Zealand will host the signing ceremony for the Trans-Pacific Partnership Agreement on February 4, 2016. The deal was reached on 5 October 2015 after 7 years of negotiations.
The Trans-Pacific Partnership Agreement (“TPP”) is a free trade agreement between nine countries: The United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam.
Check for more here & here.
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Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, The United States, Trans-Pacific Partnership agreement, Vietnam
* 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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* Labour Force Survey 2013
Eurostat Commission published the EU’s statistics on the labour market for 2013.
Find the report here.
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* First EU Transport Scoreboard
EU Transport Scoreboard compares Member State performance in 22 transport-relevant categories.
Check the EU Transport Scoreboard.
Please find the related Memo and the Press release.
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Labour Force Survey 2013 Eurostat Commission
* Emissions Trading Scheme for Aviation
The Presidency of the Council and representatives of the European Parliament have agreed on a draft regulation amending the EU Emissions trading scheme (ETS) directive (2003/87/EC).
Read more here.
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* European Maritime Safety Agency
The Council and European Parliament reached a compromise on funding the European Maritime Safety Agency (EMSA) in response to marine pollution caused by ships and oil and gas installations.
Check here for more.
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Emissions Trading Scheme, Emissions Trading Scheme for Aviation, EMSA 2014, EU Emissions trading scheme (ETS) updated, European Maritime Safety Agency, European Maritime Safety Agency (EMSA), European Parliament, News from EU 2014
* Handbook of National Accounting by ECB & UN
The European Central Bank (ECB) and the United Nations (UN) released a handbook which elaborates on the treatment of financial services, assets and liabilities in the national accounts.
Please find the “Handbook of National Accounting: Financial Production, Flows and Stocks in the System of National Accounts” here.
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* Slovenia Initials FATCA Agreement with US
Slovenia and the United States had initialled the text of a bilateral inter-governmental agreement (IGA) for the implementation of the Foreign Account Tax Compliance Act (FATCA).
Check here for more.
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* Liechtenstein & China Ink TIEA
Liechtenstein and China have recently signed a Tax Information Exchange Agreement (TIEA).
Follow the link for more.
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* European Satellite Navigation Galileo Services
The EU satellite navigation programme (Galileo) and the EU Earth monitoring programme (Copernicus) will be operational at the end of 2014.
For more information:
* Galileo
* Copernicus
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assets and liabilities in the national accounts, Copernicus, EU Earth monitoring programme, EU satellite navigation programme, European Central Bank, European Central Bank (ECB) and the United Nations (UN), European Satellite Navigation Galileo Services, financial services, Flows and Stocks in the System of National Accounts, Foreign Account Tax Compliance Act (FATCA) Slovenia & US, Galileo, Handbook of National Accounting, Liechtenstein & China Ink TIEA, Liechtenstein and China, Liechtenstein and China TIEA, Slovenia and the United States
* OPEC’s World Oil Outlook and Annual Statistical Bulletin
The 2013 OPEC World Oil Outlook (WOO) and Annual Statistical Bulletin (ASB) have been released.
Please follow the link for more.
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* ITC – Free Market Analysis Database and Analytic Tools
The International Trade Centre’s (ITC) gives free access to its market analysis databases and related analytical tools.
ITC’s market analysis tools include Trade Map, Investment Map, Market Access Map and Standards Map.
See more here.
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* Central Asian Countries Committed To Build New Routes
The ten member countries of the Central Asia Regional Economic Cooperation (CAREC) have agreed to develop new road and rail corridors linking the region to East and South Asia.
Please find more on the CAREC’s website.
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* Andorra and Cayman Joins OECD Convention on Tax Assistance
The Cayman Islands and Andorra signed the Convention on Mutual Assistance in Tax Matters developed by Organization for Economic Cooperation and Development (OECD)/Council of Europe Convention.
Check here and here for more.
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* Cayman, UK Sign ‘FATCA’-type Agreement
The Cayman Islands signed an intergovernmental agreement (IGA) with the United Kingdom.
Follow the link for more.
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* Canada & Honduras – Free Trade Deal
Canada and Honduras signed a Free Trade Agreement (FTA).
Check here.
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Andorra and Cayman Joins OECD Convention on Tax Assistance, Canada & Honduras - Free Trade Deal, CAREC, Cayman, Central Asia Regional Economic Cooperation, Central Asia Regional Economic Cooperation (CAREC), Central Asian Countries Committed To Build New Routes, Free Market Analysis Database, intergovernmental agreement (IGA), International Trade Centre, International Trade Centre’s (ITC), Investment Map, Market Access Map and Standards Map, market analysis databases and related analytical tools, OPEC’s Annual Statistical Bulletin, OPEC’s World Oil Outlook, The International Trade Centre’s (ITC), Trade Map, UK Sign 'FATCA'-type Agreement
* ICAO – Agreement on Global Aviation Emissions Deal
The UN Assembly responsible for International Civil Aviation (ICAO) decided on a global mechanism to tackle emissions from aviation that can start in 2020.
Check more about the global market-based measure (MBM) for international aviation here.
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* Liechtenstein & Malta Sign DTA
Liechtenstein and Malta signed in New York a bilateral double taxation agreement (DTA).
Please follow the link for more.
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* Indonesia and Pakistan Signed FTA
The governments of Indonesia and Pakistan finally signed a FTA after 10 years of negotiation.
Check here for details.
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* South Korea and Vietnam to Accelerate Trade Negotions
South Korea and Vietnam agreed to conclude a bilateral free trade agreement next year.
Please find more here.
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* Bahrain – Closer to ATA Carnet System
Bahrain prepares to implement ATA Carnet System.
For more information visit the ATA Carnet System.
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ATA Carnet System, Bahrain – Closer to ATA Carnet System, free trade agreement, Indonesia and Pakistan FTA, Indonesia and Pakistan Signed FTA, International Chamber of Commerce (ICC), South Korea, South Korea and Vietnam, South Korea and Vietnam FTA, Trade Negotions
* Expanded Integrated Trade Intelligence Portal (I-TIP)
The WTO launched an expanded version of its Integrated Trade Intelligence Portal (I-TIP), for the first time it includes information on services.
This new database is available here.
Check here for more.
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* EU & Armenia: Deep and Comprehensive Free Trade Area
EU and Armenia signed a Deep and Comprehensive Free Trade Area (DCFTA).
Kindly follow the link.
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* ICC Issues Taxation Handbook
ICC Commission on Taxation released a handbook with the latest developments in the world of international taxation.
Read more here.
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* Successful Galileo Position Fix
The European satellite navigation system will bring first services by the end of 2014. Galileo, Europe’s GPS, opens up business opportunities and makes life easier for citizens.
A successful position fix has been announced, check here and here.
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EU & Armenia: Deep and Comprehensive Free Trade Area, European satellite navigation system, Europe’s GPS, Expanded Integrated Trade Intelligence Portal (I-TIP), ICC Issues Taxation Handbook, information on services, the world of international taxation
* Croatia – Welcomed to EU
On Monday 1 July Croatia will become the 28th Member State of the European Union.
For more information:
– Institutional and administrative aspects of Croatia’s EU accession MEMO/13/593
– Croatia’s EU accession – Q&A MEMO/13/629
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* 2012 Annual Review of GSP System
US announced today the outcome of the 2012 Annual Review under the Generalized System of Preferences (GSP) program.
Check here.
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* World Investment Report 2013
UNCTAD published its 2013 World Investment Report with the latest trends in foreign direct investment (FDI).
Download World Investment Report 2013
Read more here.
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* Norway the First to Sign the Hong Kong Ship Recycling Treaty
The Kingdom of Norway became the first contracting State to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (2009).
Please follow the link.
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Trade News in Brief 