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Mercosur Trade Alert

Chief negotiators from Mercosur and the European Union (EU) met in Brasilia, Brazil earlier this month to resume attempts to conclude an inter-regional free trade agreement (FTA) after new proposals from both sides tabled...more

Mexico Imposes Temporary Import Duties up to 25% on more than 588 non-FTA Tariff Items

An average tariff of 25% will be imposed on steel, textile, footwear, chemicals, and other products until July 31, 2025, for countries with whom Mexico does not have a preferential or free trade agreement....more

UK joins CPTPP and opens dialogue with Türkiye to modernise existing FTA

Following the entry into force of its FTAs with Australia and New Zealand, the UK continues to pursue a negotiation-focused trade agenda by signing up to the CPTPP and initiating a new FTA dialogue with Türkiye....more

United Kingdom's Separate FTAs with Australia and New Zealand Enter into Force; UK CPTPP Membership on Track

The United Kingdom's free trade agreements (FTAs) with Australia and New Zealand entered into force on May 31, 2023. As a significant milestone in the UK's post-Brexit future, these FTAs are the first two independently...more

US and EU Commit to Making Deal on Electric Vehicle Subsidies; Unveil more Cooperation on Green Energy and Economic Security

The US and EU announced a range of commitments on green energy and economic security cooperation on March 10, 2023, in a meeting between European Commission President Ursula von der Leyen and US President Joe Biden. The most...more

United States Seeks Enhanced Trade Ties with Africa

The US-Africa Leaders Summit took place from December 13-15, 2022 in Washington DC, and featured top-level government-to-government talks, private sector engagements, and resulted in a number of trade-related outcomes...more

Mexico Nationalizes Lithium; Sets Up State-Owned Company

On August 23, 2022, President of Mexico Andres Manuel Lopez Obrador issued a Decree (published in the Diario Oficial de la Federación on August 24, 2022) setting up a new state-owned company called LitioMx (Litio para...more

China Establishes New Mechanism to Counteract "Unjustified" Extraterritorial Application of Foreign Measures

On January 9, 2021, China's Ministry of Commerce (MOFCOM) issued Order No. 1/2021 on the Rules on Counteracting Unjustified Extraterritorial Applications of Foreign Legislation and Other Measures (the "Rules").1 The Rules,...more

Key Outcomes for Foreign Investors in Vietnam's New Law on Investment

Vietnam's revised Law on Investment (Law No. 61/2020/QH14)("LOI 2020") enters into force from January 1, 2021. The National Assembly adopted the LOI 2020 on June 17, 2020. It will replace Law No. 67/2014/QH13 ("LOI 2014"),...more

15 Asia-Pacific Countries Sign World’s Largest FTA; A Closer Look at RCEP’s Key Outcomes and Implications

After eight years of negotiations, Economic Ministers from 15 Asia-Pacific countries signed the Regional Comprehensive Economic Partnership (RCEP) on November 15, 2020 during a virtual signing ceremony on the sidelines of the...more

President Trump Declares National Emergency, Considers Import Restrictions to Address Reliance on Critical Minerals from "Foreign...

On September 30, 2020, President Trump issued an Executive Order (the "2020 Order") declaring a national emergency, pursuant to the National Emergencies Act (NEA, 50 U.S.C. § 1601 et seq.), with respect to the United States'...more

China Expands Export Controls for Certain Technologies

China's Ministry of Commerce (MOFCOM) and the Ministry of Science and Technology (MOST) published Notification No. 38/2020 dated August 28, 2020 announcing a new version of the Catalogue of Technologies Prohibited or...more

New EU-Vietnam FTA Enters into Force

A new landmark free trade agreement between Vietnam and the European Union entered into force on 1 August 2020.  The agreement provides expansive preferential treatment for both goods and services, recognition and protection...more

Successful RCEP Conclusion in Sight despite India's Concerns

Fifteen of the 16 members of the Regional Comprehensive Economic Partnership (RCEP) announced on November 4 the conclusion of negotiations on the text of the mega-regional trade agreement. Only India withheld agreement during...more

The CPTPP Enters into Force: What Does it Mean for Global Trade?

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force on December 30, 2018. The Agreement will significantly impact trade among its ratifying Parties—currently including...more

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