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).

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The IMO’s Maritime Safety Committee Releases

25 May 2012, London

 

At the Organization’s London Headquarters for its 90th session from 16 to 25 May 2012, the IMO’s Maritime Safety Committee agreed on the bellow interim guiance and recommended interim measures:

–          Guidance for private maritime security companies, more information here

–          Passenger ship safety recommendations, more information here

The Limits of Liability for Maritime Claims Increased

19 April 2012

 

The Legal Committee of the International Maritime Organization (IMO) increase the limits of liability in the 1996 Protocol to the Convention on Limitation of Liability for Maritime Claims.

 

The LLMC Convention specified limits of liability for two types of claims against shipowners: claims for loss of life or personal injury and property claims.The new limits are expected to enter into force on 19 April 2015, under the tacit acceptance procedure.

 

More on the IMO’s webpage.