More Trade News in Brief Week 6 (8 – 14 February 2016)

EU, Andorra Sign AEOI Agreement

The European Union (EU) and Andorra have signed a deal to automatically exchange tax information.

See more here.

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FTA Talks – China & GCC

FTA talks between China and the GCC – comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates – originally began in 2004 but faltered in 2009. They resumed the talks this month and they are seeking to complete them by the end of 2016.

See more following the link.

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Canada, Taiwan Sign Double Tax Treaty

Canada and Taiwan have signed a double tax agreement (DTA) that will limit the withholding tax rates on income from dividends, interest, and royalties, and provide for the exchange of tax information.

Read more here.

 

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New International Services Trade Agreement (ISA)

 

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.

 

New Taxes Agreements

–          Canada and Switzerland have reached an agreement on their double tax agreement (DTA) related to the last updated Article 25, standard developed by the Organization for Economic Cooperation and Development (OECD).

–          France and Andorra agreed to discussed a new comprehensive DTA between both countries.

–          Greece announced plans to negotiate a tax agreement with Switzerland.

More Trade News in Brief – Week 29 (9 July – 15 July 2012)

* Free Online Tool for Trade and Market

 

The International Trade Centre (ITC) has redeveloped its free online analysis tool Market Access Map.

 

Market Access Map is an interactive analytical web tool informing about tariffs and non-tariff measures (NTMs) and other market access conditions.

 

The tool is available at www.macmap.org.

 

More here.

 

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* Mozambique Sign IMO Anti-piracy Code

 

6 July 2012

 

Mozambique is the 20th state to The Code of Conduct concerning the Repression of Piracy and Armed Robbery against Ships in the Western Indian Ocean and the Gulf of Aden (Djibouti Code of Conduct) developed by International Maritime Organization (IMO).

 

More here.

 

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* CARICOM-Canada Revised FTA

 

The Caribbean Community (CARICOM) and Canada express their desire to agree a revised free trade agreement to replace the actual CARIBCAN preferential trade programme until the end of the year.

 

More here.

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* Japan & Liechtenstein Sign TIEA

 

Japan & Liechtenstein sign bilateral Tax Information Exchange Agreement (TIEA) in accordance with the Organization for Economic Cooperation and Development’s (OECD) model convention.

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* Ghana Signs Tax Cooperation Agreement

 

10 July 2012

 

Ghana is the second African country, after South Africa, to sign the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed by the Council of Europe and the Organization for Economic Cooperation and Development (OECD).

Canada & Mexico Invited to Join to Pacific-Trade Talks

Canada and Mexico were invited to join nine nations negotiating a Multi-Nation Pacific Trade Agreement.

The other nine countries included in the negotiones are U.S., Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam.

 

More here and here.

More Trade News in Brief – Week 24 (4–10 June 2012)

* EU Starts Free Trade Talks with Armenia

 

1 June 2012, Brussels

 

The European Union (EU) and Armenia have agreed to begin negotiations for a comprehensive Free Trade Area.

 

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* Report on G20’s Trade & Investment

 

31 May 2012

 

WTO, OECD & UNCTAD published a report showing the negative impact of protectionist and discriminatory trade measures.

The seventh WTO-OECD-UNCTAD report for the G-20 on trade and investment reveals that government-imposed trade and investment restrictions continue to be an obstacle for global growth and development.

 

Please consult the report here.

 

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* Hong Kong-Portugal DTA Comes Into Force

 

On June 3^rd come into force the agreement for the avoidance of double taxation (DTA) signed between Hong Kong and Portugal.

 

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* Canada Starts Investment Talks With Benin and Burkina Faso

 

The Canadian government has launched negotiations on foreign investment promotion and protection agreements (FIPAs) with Benin and Burkina Faso.

 

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* India and Bahrain Sign TIEA

 

The governments of India and Bahrain have signed a tax information exchange agreement (TIEA).

 

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* Annual Asset Management Report: Facts & Figures in Europe – EFAMA

 

31 May 2012, Brussels

 

EFAMA published the Fifth Annual Review Asset Management in Europe: Facts & Figures (using data as at end 2010).

This report take a tour of european the industry looking at its overall size, general structure, asset allocation and client base.

 

Please see the Report.

E.U.-Canada Trade Deal in Six Months

23 April 2012, Otawa

 

Denmark Trade Minister Pia Olsen Dyhr state today that the European Union and Canada will conclude a free trade agreement within six months. Denmark holds the presidency of the Council of the European Union. “We are hoping for the most comprehensive and ambitious trade agreement that Canada has ever signed” confirm the Canadian Trade Minister Ed Fast  Fast after the meeting with Pia Olsen Dyhr in Otawa.

 

The Comprehensive Economic and Trade Agreement (CETA) would establish a wide-ranging trade deal encompassing not only goods, but investment and services, and provincial and municipal government procurement.

Canada and Japan Free Trade Negotiations

The governments of Canada and Japan agreed to formally start talks aimed at forging a free trade agreement between the two countries. If established, the free trade agreements (FTA) would be Japan’s first with a country from the Group of Eight major economies.  An FTA between these two highly-developed trading partners seek to boost economic, energy and security relations.

 

The negotiation are seeking to develop and achieve long-range goals as:

–       Increased Trade and Investment

–       Opening Markets to Goods and Services

–       Regulation on Non-Tariff Barriers

–       Promoting Innovation

–       Promoting Transparency

–       Entrepreneurship and Increasing Flows of People

 

Canada currently pursuing treaties with the European Union, South Korea and India, Ottawa would also begin free trade talks with Thailand. Japan’s current priorities for economic integration are focused on the Pacific Rim and ASEAN areas. In 2011, Japan signed concluded an FTA with Mexico (September 23) and signed Economic Partnership Agreements (EPA) with the Republic of India (June 30) and Peru (May 31). At this moment, Japan is involved in advanced negations of an EPA with Australia.