Blogs

India: WTO Notified Draft Standards for Milk and Dairy Products

Government of India notified Draft Food Safety and Standards (Food Products Standards and Food Additives) Amendment Regulations, 2015 and Draft Food Safety and Standards (Prohibition & Restriction on Sale) Amendment Regulation, 2015 to the World Trade Organization (WTO). The deadline for comments for WTO Technical Barriers to Trade (TBT) committee members is January 31, 2016; in addition, the deadline for comments for WTO Sanitary and Phytosanitary Measures (SPS) committee members is March 4, 2016.

WTO Director General pays official visit to Jamaica

KINGSTON, Jamaican (CMC) – Director General of the World Trade Organisation (WTO), Ambassador Roberto Azevêdo, is scheduled to arrive here on Sunday for an official visit at the invitation of the government of Jamaica.

Azevêdo’s visit is part of an initiative to visit several Caribbean Community (CARICOM) countries, particularly those countries which have been active participants in the overall work programme of the WTO.

S. Korea becomes China's 2nd largest trade partner

China and South Korea are deepening their trade relations. According to the Korea International Trade Association, South Korea traded U.S.$75.6 billion in goods with China in the last quarter of 2015.

The figure surpassed Japan’s U.S.$71.7 billion, making South Korea China’s second largest trade partner in the world. Because of the China-South Korea Free Trade Agreement that went into effect in December, the trade volume between the two countries is expected to continue increasing in the future.

WCO and WCS to collaborate on illegal wildlife trade

The World Customs Organization (WCO) and the WCS (Wildlife Conservation Society) signed a Memorandum of Understanding (MoU) aimed at reducing the amount of illegal wildlife products moving across international borders. The MoU was signed by Dr. Cristián Samper, WCS President and CEO, and Kunio Mikuriya, Secretary General of the WCO.

Complementary amendments to the Harmonized System

Complementary amendments to the HS Nomenclature 2017 Edition have been accepted as a result of the Council Recommendation of 11 June 2015.

After the acceptance of the HS 2017 amendments as a result of the Council Recommendation of 27 June 2014, the HS Contracting Parties highlighted the need to make certain further corrections and amendments, to accommodate :...

New WCO Guide for the Technical Update of Preferential Rules of Origin

Classification and origin determination of goods are closely interlinked. It is therefore critically important to update Rules of Origin (i.e. Product Specific Rules) to ensure consistency between HS classification and origin determination. This would help to prevent misapplication of Rules of Origin, ensure efficient and effective revenue collection and facilitate trade.

Happy Holidays!

WTO members secure “historic” Nairobi Package for Africa and the world

WTO members concluded their Tenth Ministerial Conference in Nairobi on 19 December by securing an historic agreement on a series of trade initiatives. The “Nairobi Package” pays fitting tribute to the Conference host, Kenya, by delivering commitments that will benefit in particular the organization’s poorest members.

This has been excerpted from a 19 December 2015 news item by the WTO and is available in its entirety at: https://www.wto.org/english/news_e/news15_e/mc10_19dec15_e.htm

2016 IFCBA WORLD CONFERENCE

The 2016 World Conference of the IFCBA, Facilitating Trade Through the Customs-Business Connection, will take place from May 17-21 at the WH Ming Hotel in Shanghai, China. Please click here to view the conference page, and to register.

Trans-Pacific Partnership (TPP)

A first overview of the main features of the origin provisions contained in the Trans-Pacific Partnership (TPP) has been published as part of the Comparative study on Preferential Rules of Origin. A more detailed comparison between the Agreement and the existing origin models will be conducted once the final text is available.

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