This post is being published for The Trade Practitioner as part of a content partnership with our International Policy Practice. Please contact Matthew Kirk with any questions. We are being asked with increasing frequency by companies whether, in the context of coronavirus disease 2019 (COVID-19) lockdowns, their business counts as an “essential service”. This … Continue Reading
G-7 Leaders’ Declaration. The G-7 Leaders’ Declaration issued on Friday from Ise-Shima, Japan, touched on topics such as the global economy, trade, maritime security, cyberspace, anti-corruption, infrastructure, global health challenges, climate change and female empowerment. The Leaders advocated TPP member states ratify the agreement, while also addressing the global excess steel capacity issue, government subsidies … Continue Reading
TPP – ITC Report Released. Late Wednesday afternoon, the ITC released its report on the effects of the proposed TPP on the U.S. economy. The nearly 800-page report examines specific industry sectors in the United States and seeks to ascertain which would benefit or suffer from the deal. U.S. Trade Representative Michael Froman immediately issued … Continue Reading
China’s insatiable appetite for vitamins and supplements is pumping billions of dollars into the Australian economy, with thousands of online shoppers snapping up products from leading Australian and New Zealand brands Blackmores, Swisse Wellness, Vitaco and Bellamy’s. Baby formula exports have become a lucrative business, thanks to the end of China’s one child policy and … Continue Reading
Our firm recently became one of two sponsors of Washington International Trade Association (WITA)’s TPP Series. The series aim to convene diverse stakeholders in the TPP game to discuss various aspects of the ambitious agreement over the next few months. The first event launched on November 19 at WITA’s home in the Ronald Reagan International Trade Center in … Continue Reading
On 14 October, the European Commission announced a new trade and investment strategy for the European Union: “Trade for All: Towards a more responsible trade and investment policy.” The strategy consists of a number of initiatives which are grouped under the headings of effectiveness, transparency, values and the EU’s programme of negotiations. As part of … Continue Reading
The European Union and the United States agreed in 2013 to launch negotiations for the Transatlantic Trade and Investment Partnership (TTIP). Two years and ten negotiating rounds later, where do we stand and what do businesses need to know? TTIP has been criticized for its perceived opaque negotiations, hidden away from public scrutiny. And the … Continue Reading
The guidance notes that although the sanctions may engender additional procedural steps, they do not prevent parties from referring their arbitral disputes to EU-based institutions. The paper observes that “these sanctions do not result in a substantial change in the administration of arbitral proceedings”. However, it cautions that there are situations where an arbitration involves … Continue Reading
