Tag Archives: World Trade Organization

UK Government Releases Custom Duty Rates in the Event of Hard Brexit

The UK government has published the proposed customs duty rates that will apply to imported merchandise entering the UK from third countries after the country has left the European Union (EU) under a so-called no-deal scenario. Unless recent political developments require the UK government to extend that deadline, it has been indicated that the UK … Continue Reading

Trade Talk: Week in Review (5-11 December 2016)

Both chambers of the U.S. Congress recessed last week after passing a Continuing Resolution to fund the U.S. Government until April.  The 114th Congress stands adjourned for the year.  The 115th Congress will convene on Tuesday, 3 January 2017. China – Trump’s Call with Taiwan.  In an interview that aired on Sunday, President-Elect Donald Trump … Continue Reading

WTO Confirms That Russian Import Duties Violate WTO Rules

On 12 August, a WTO dispute settlement panel confirmed that Russian import duties on paper, refrigerators and palm oil violate WTO rules. According to the panel, the import duties exceed those Russia agreed to when it joined the WTO in August 2012. This marks the first case ever decided in the WTO against Russia. The EU has initiated dispute settlement … Continue Reading

WTO Says EU Has Failed to Comply With Airbus Ruling

On 22 September, the World Trade Organisation (WTO) announced that the EU had failed to eliminate illegal aid to Airbus, handing US rival Boeing one of the biggest triumphs on the global stage in its 12-year battle with Airbus. The WTO stated that the EU and Britain, France, Germany and Spain had failed to comply with earlier rulings against … Continue Reading

EP Committee on International Trade Proposes New Position on Iran

On May 23, 2016, the European Parliament (EP) Committee on International Trade engaged in discussions on strategy towards the Islamic Republic of Iran in the wake of the lifting of nuclear-related sanctions against the country, and made several suggestions to the Committee on Foreign Affairs and called for their integration into its motion for a resolution … Continue Reading
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