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.

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EU’s First EPA with an African Region

14 May 2012, Brussels

 

On 14 May taken affect the Economic Partnership Agreement (EPA) concluded between EU and four Eastern and Southern African states Mauritius, Madagascar, Seychelles and Zimbabwe.

 

The interim EPA provides duty and quota free access to the EU market for exports from above mention African countries. The last ones will gradually open their markets to European exports, with exceptions for certain products the countries consider sensitive. The trade and development agreement covers provisions on rules of origin, development cooperation, fisheries, trade defence instruments and dispute settlement.

 

More here.