This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I They worked very hard to ensure the export documentation for all the products was correct including the stuffing in the crate and the crate itself. I cannot” replied the Director. “Why Why not” asked the VP.
The collaboration was born after these financial intelligence units identified similar tactics being deployed in order to evade sanctions and export control restrictions in each of their respective jurisdictions. These sanctions also extend to dual-use goods, which are goods that have both military and civilian functionalities.
Customs CARM After being postponed from its May 13, 2024, CARM Release 3 is scheduled for 3:00 AM EST on October 21, 2024, at which point it becomes the official system of record for imports into Canada. Importers (non-CSA) can expect their first Statement of Account (SOA) to be issued on October 25, which will be due on October 31.
Business Impact Canadian’s alignment of its foreign trade policy with the US and the EU on Chinese EVs may create risk for Canadian businesses exporting to, or doing business in, China. goods in response to Section 232 tariffs imposed by the United States on Canadian steel and aluminium.
Treasury bond markets play a pivotal role in the economic development and fiscal management of fragile countries, as they allow governments to secure funds from both the public and institutional investors, reducing the pressure on governments to print out money to finance their budgets. of GDP from 0.3% percent of GDP in 2023 from 2.9
Practice Areas Public Law, Public Procurement & Regulation Accreditations Education Money Laundering and illicit financing course, Unidad de Financiamiento, Transparencia y Fiscalización (UFTF), 2022.
For capital-exporting economies, it offers a means to ease some of developing countries’ concerns about ISDS – and in this way, to shore up a dispute settlement system the perceived legitimacy of which is under growing pressure. One is that, as donor countries may also be major capital exporters, there is potential for conflicts of interest.
Export-Import Bank with an international complaint Tuesday alleging the agency has poured billions of dollars into fossil fuel projects, despite the Biden administration's commitment to end such international public financing. Environmental group Friends of the Earth U.S. slapped the U.S.
The Ministry of Finance (MOF) has resumed drafting a decree on the customs procedure for e-commerce goods by releasing a new draft (“ Draft Decree “) to govern various issues on cross-border e-commerce. USD 3,900) per calendar year per importer). Goods order of up to VND 2 million (approx.
In brief On 30 December 2024, the Ministry of Finance and Public Credit published in the Morning Edition of the Federal Official Gazette (DOF) the Foreign Trade General Rules for 2025, which became effective on 1 January 2025 and will remain in effect until 31 December of the same year, except for its transitory provisions.
In doing so the Government confirmed that the UK CBAM will apply from 1 January 2027 and that the primary legislation required to give effect to the UK CBAM will be included in the Finance Bill 2024-25. Below £50,000, importers will not have an obligation to register and account for the CBAM.
236 ), along with its budget and financing considerations. UNCITRAL Working Group III and the Advisory Centre on International Investment Dispute Resolution , analyzed key outstanding elements of the draft statute, including the Advisory Centres objective and scope of activities, governance structure, financing mechanisms, and legal status.
The President-elect’s recent announcement of 25% tariffs on “all” Canadian (and Mexican) imports echoes of 2018, where in his first term, President Trump applied 25% tariffs on Canadian-origin steel and aluminum products ( 2018 Tariffs ). announces 25% tariffs on steel imports into the U.S., origin goods.
Looking ahead in 2025, we expect the Government to implement further surtaxes on Chinese origin goods, including semiconductors and solar panels, as promised in the Fall Economic Statement; however, these surtaxes depend on the Department of Finance’s readiness to issue the Order in Council while tackling possible U.S. Executive Order.
You can stay updated by subscribing the Baker McKenzie’s Import and Trade Remedies blog by clicking here and entering your e-mail address. Implements 25% tariffs on non-energy imports and 10% on energy imports The Executive Order implementing the U.S. exports in response to U.S. Tariffs and the Canada Tariffs.
US tariffs on imports of Chinese-origin products went into effect at 12.01am ET on February 4, 2025, with 10% duties being imposed on all imports of Chinese-origin goods. The post US-Tariffs on China Go into Effect; China Responds appeared first on Import and Trade Remedies Blog.
You can stay updated by subscribing to Baker McKenzie’s Import and Trade Remedies blog by clicking here and entering your e-mail address. The US Tariffs will apply in addition to existing customs duties and antidumping/countervailing duties on goods being imported into the US. The timing is unclear.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content