2016 IFCBA World Conference
The 2016 IFCBA World Conference will take place from 17 - 21 May, in Shanghai, China. Stay tuned for more details about the conference and hotel registration in the coming weeks!
About the IFCBA
The IFCBA has been representing the interests of the worlds' customs brokers and their clients since 1990. Many of our member associations have been involved in similar activities within their own countries for nearly a century. » more
Leaders from the 12 Trans-Pacific Partnership (TPP) countries met on Wednesday in the Philippines to discuss next steps in implementing the trade pact, pushing for its swift approval while highlighting the interest of potential new entrants from the Asia-Pacific region.
The talks, held in Manila during the first day of this year’s Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting, marked the first time that leaders of the TPP group have met since the conclusion of trade negotiations by ministers last month in the US city of Atlanta. (See Bridges Weekly, 8 October 2015)
“We are pleased that the negotiated text of the TPP agreement is now available in full for review and consideration before it is signed. We look forward following signature to the expeditious consideration and approval of the TPP, consistent with each of our domestic processes,” the 12 leaders said in a joint statement following the 18 November discussions.
This has been excerpted from a 19 November 2015 news item by The International Centre for Trade and Sustainable Development and is available in its entirety at: http://www.ictsd.org/bridges-news/bridges/news/tpp-leaders-push-for-swif...
Manila plays host this week to global leaders, including U.S. President Barack Obama, for the Asia-Pacific Economic Cooperation summit. The 21-member group accounts for roughly 57 percent of global GDP and 47 percent of worldwide trade. COA Vice President Eric Farnsworth provides an overview of summit priorities, how it relates to the Trans-Pacific Partnership, and Latin America’s role.
This has been excerpted from a 18 November 2015 news item by America's Society/Council of the Americas and is available in its entirety at: http://www.as-coa.org/articles/americas-apec-three-points-manila-leaders...
The China - Australia Free Trade Agreement (ChAFTA) was signed on 17 June 2015, and the implementing legislation for the proposed ChAFTA was introduced into the Australian Parliament on 16 September 2015.
Upon full implementation of the agreement, Australia agrees to remove tariffs on all China originating exports with an immediate tariff elimination reaching 91.6% of all goods; the rest will be removed within 5 years from the effective date. Other benefits of the ChAFTA include lowered barriers for Chinese businesses to invest in Australia, and the elimination of 95% of Australian exports.
You can read about the cooperation between China and Australia on the Export Council or Australian Government Department of Immigration and Border Protection
ANKARA: The Malaysia-Turkey Free Trade Agreement (MTFTA) will come into effect on Aug 1, after almost four years of intense negotiations between the two countries that began in May 2010.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said in a statement that both countries would eliminate and bind duties on 70% of the tariff lines upon entry into force of FTA.
After a period of eight years, duties will be reduced/eliminated for almost 86% of tariff lines,” he said.
This has been excerpted from a 16 July 2015 news item by Customs Today and is available in its entirety at: http://www.customstoday.com.pk/turkey-fta-to-take-effect-after-four-year...