The European Union issued the following trade-related releases July 5-9 (notices of most significance will be given separate headlines):
Russia export controls and sanctions
The use of export controls and sanctions on Russia has surged since the country's invasion of Crimea in 2014, and especially its invasion of Ukraine in in February 2022. Similar export controls and sanctions have been imposed by U.S. allies, including the EU, U.K. and Japan. The following is a listing of recent articles in Export Compliance Daily on export controls and sanctions imposed on Russia:
On July 5, the Foreign Agricultural Service posted the following GAIN reports:
The Food Safety and Inspection Service revised export requirements and plant lists for the following countries for June 28-July 3:
On July 3-4, the Foreign Agricultural Service posted the following GAIN reports:
On June 27, the Foreign Agricultural Service posted the following GAIN reports:
The Obama administration will suspend Generalized System of Preference benefits for Bangladesh for worker’s rights violations, effective Aug. 30, according to a presidential proclamation that has yet to be published in the Federal Register (here). The proclamation sets forth changes to the GSP resulting from the 2012 annual review, including new competitive need limitation (CNL) waivers and the withdrawal of GSP coverage for a corn product from Brazil and passenger tires from Indonesia. The proclamation also makes changes to the HTS related to the World Trade Organization’s Information Technology Agreement (ITA) and the U.S.-Colombia Trade Promotion Agreement (CTPA).
The Food Safety and Inspection Service revised export requirements and plant lists for the following countries for June 14-20:
On June 19, the Foreign Agricultural Service posted the following GAIN reports:
The government of Canada issued the following trade-related notices for June 17 (Note that some may also be given separate headlines.)
Despite promises to open markets and reduce protectionism, G-20 and G-8 countries are failing to lead in global trade, according to a recent study from the International Chamber of Commerce. The ICC’s 2013 Open Markets Index found that only one G-20 nation -- Canada -- ranks among the world’s top 20 open markets. No G8 economy ranked in the top 10. The study also found that the so-called BRIC countries -- Brazil, Russia, India, and China -- are lagging in openness due to restrictive trade policies. The ICC index ranks 75 countries on observed trade openness, trade policy, openness to foreign direct investment and trade-enabling infrastructure. It gives countries a score between one and six based on those factors. The two highest-performing economies were Hong Kong and Singapore. The worst-performing were Uganda, Bangladesh, Sudan and Ethiopia. G20 economies had an average score of 3.4, behind the global standard. The average score across the 75 countries was 3.6, a slight improvement from 2011’s score from 3.5.