News & Analysis as of

Free Trade Zone

Renegotiation of, or Withdrawal from, NAFTA: Context and Possible Consequences

(“NAFTA”) is a trade agreement signed by Canada, Mexico, and the United States that came into force on January 1, 1994. Its goal was to eliminate barriers to trade and investment, creating one of the largest free trade zones....more

Four Things Compliance Practitioner Should Know About the Eurasian Economic Union

by Thomas Fox on

Four Things Compliance Practitioner Should Know About the Eurasian Economic Union - An effective Compliance risk management at emerging markets for any business significantly depends on timeous observation of changes in...more

Financial Services Quarterly Report - Fourth Quarter 2016: UAE and Saudi Arabia Overhaul Fund Distribution Rules

by Dechert LLP on

Financial services regulators in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) have recently made – independently of each other – extensive changes to the rules governing the regulation and distribution...more

First Enforcement of a QIC Judgment in the State of Qatar

by White & Case LLP on

In a landmark case (Protech) last week, a judgment of the Qatar International Court ("QIC") has been successfully enforced by the courts of the State of Qatar....more

Tax and International Trade Update (Ukrainian)

by Dentons on

Liberalization of customs valuation procedure - Within the framework of its gradual liberalization policy, the Cabinet of Ministers of Ukraine (CMU) introduced certain changes to the applicable legislation related to...more

Tax and International Trade Update

by Dentons on

Liberalization of customs valuation procedure - Within the framework of its gradual liberalization policy, the Cabinet of Ministers of Ukraine (CMU) introduced certain changes to the applicable legislation related to...more

Recent Developments in the Chinese Regulatory Regime Governing e-Commerce

by Seyfarth Shaw LLP on

The Chinese regulatory regime governing e-commerce has been constantly evolving as domestic and cross-border e-commerce continues its rapid growth. Recently, the regulatory environment has opened up in several ways:...more

EU and Canada Signed Landmark Trade Agreement

by Kirton McConkie PC on

While the U.S. was fully immersed in its presidential elections and took distance from the T.T.I.P. (the long-negotiated international trade agreement between the U.S. and the European Union), and while Great Britain was...more

Financial Services Quarterly Report - Third Quarter 2016: DIFC Funds: 2016 and Beyond

by Dechert LLP on

The Dubai International Financial Centre (DIFC) is a financial free-zone located in Dubai with its own established set of laws and regulations as well as a financial regulator and court system. Established in 2004, the DIFC...more

China Adopts New Regulatory Regime for Foreign Invested Enterprises

by Blank Rome LLP on

Action Item: China reforms its regulatory regime for managing FIEs by replacing existing MOFCOM approval requirements with a filing procedure nationwide. Beginning October 1, 2016, the incorporation of or a major change to an...more

What Does Brexit Mean For International Employers?

by Fisher Phillips on

On June 23, 2016, in a hotly contested referendum, British voters chose to leave the European Union in a contest dubbed “Brexit” (for “British exit”). It will take some time before the full implications of this decision...more

Evaluating the Trans-Pacific Partnership

by White & Case LLP on

On February 4, 2016, the Parties to the Trans Pacific Partnership (TPP) signed the Agreement in Auckland, New Zealand, marking the formal conclusion of their negotiations. The TPP is one of the largest and most ambitious...more

LMEShield and other developments – the LME’s continuing pivot to Asia

by Reed Smith on

The announcement of the LMEShield initiative arrives off the back of a number of other Asia focused developments for the LME. The LMEShield initiative takes the LME yet one step further towards its desire of having LME...more

What’s the big deal about China?

by LawVision Group LLC on

Well, first of all, China IS big. With nearly 1.5 billion people and an economy whose growth has outpaced that of the U.S. more than three-fold since 2011 according to the World Bank, China has been a ‘hot topic’ for years....more

Investing in Morocco

by DLA Piper on

Over recent years, Kingdom of Morocco has created a legal and regulatory framework very attractive for foreign investors. In addition to its political stable environment, a recent series of tax treaties with numerous...more

The Trans Pacific Partnership (TPP) Agreement - A 21st century trade agreement with major advantages for Pacific Rim businesses

by Dentons on

At a news conference in Ottawa on October 5, 2015, Canadian Prime Minister Stephen Harper praised the TPP as "the largest economic partnership in the history of the world" and "the new gold standard for international trade...more

Liberalization of Policy on E-Commerce from Shanghai Free Trade Zone to All of China: Allows Complete Foreign Ownership in...

On June 19, 2015, China’s Ministry of Industry and Information Technology (“MIIT”) promulgated a new policy, Opinions on Lifting Restrictions on the Foreign Equity Ratio for Online Data Processing and Transaction Processing...more

Trade & Manufacturing - July 2015

by King & Spalding on

In This Issue: - Update on Trade Promotion Authority and Companion Trade Bills: A Lot Can Happen In Washington In 34 Days - Congress Allows Export-Import Bank Charter to Expire, for Now - WTO Finds That COOL Is...more

Trade & Manufacturing - News of Note - July 2015

by King & Spalding on

State and Commerce Departments Seek Input from Industry on Elements of Export Control Reform - In recent weeks, the State Department and the Commerce Department have published in the Federal Register several proposed...more

Tax Newsletter - March/April 2015 (China & Hong Kong)

by DLA Piper on

In This Issue: The People's Republic of China: - China Tightens Tax Control Over Cross-Border Intercompany Payments - China Provides Further EIT Incentives For Integrated Circuit Industry - Expansion of...more

Three African regional economic blocs take major step towards forging a trans-Africa free trade zone

by Dentons on

On June 10, 2015, the Southern African Development Community (SADC), the East African Community (EAC) and the Common Market for Eastern and Southern Africa (COMESA) agreed to expedite their efforts to unite into a single,...more

New Shanghai Free Trade Zone Policy: WFOEs Now Permitted to Provide E-Commerce Services

by Blank Rome LLP on

Action Item: The Ministry of Industry and Information Technology of the People’s Republic of China has announced that foreign investors may now hold 100 percent of the equity shares in e-commerce companies located in the...more

China’s New Policy for Foreign Investment in E-Commerce - Shanghai Free Trade Zone Opens Door for Complete Foreign Ownership in...

Further to the early 2014 policy that relaxed the restrictions on the foreign equity ratio in value-added telecommunications business in the Shanghai Free Trade Zone (“Shanghai FTZ”), on January 15, 2015, the Ministry of...more

China removes foreign investment cap on e-commerce business in the Shanghai free trade zone

by DLA Piper on

The PRC Ministry of Industry and Information Technology (MIIT) announced on January 13, 2015 that effective the same date, the investment ratio restriction for foreign investment in e-commerce business (falling under the...more

Law À La Mode - Issue 14 – October 2014 (Global)

by DLA Piper on

In This Issue: - Understanding the EU Consumer Rights Directive: An overview of the new Directive on Consumer Rights and its implementation in Belgium, France, Italy and the UK - Free Zones in the UAE: What do...more

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