Leaders from Japan and China said during a meeting in Beijing on April 15 that they want to finish negotiating the Regional Comprehensive Economic Partnership in 2019, according to a press release from China’s Ministry of Commerce. China said it wants to ratify RCEP, a free trade agreement proposed in 2012 by the Association of Southeast Asian Nations, “within the year as early as possible.” The trade agreement is poised to be the “most ambitious ever negotiated by developing countries,” according to a report from The Brookings Institution, and is expected to increase global trade by 1.9 percent and reduce certain tariff lines.

New Zealand implemented a range of gun control regulations on April 12, banning most semi-automatic firearms and introducing penalties for importing guns without a permit, according to an April 17 notice from Baker McKenzie and the New Zealand Parliamentary Counsel Office. The regulations also contain provisions that can penalize exporters or importers who “knowingly [supply] or [sell] a prohibited firearm or prohibited magazine to a person who does not hold a permit to import or possess one,” according to Baker McKenzie.

Vietnam customs is considering an overhaul of its regulations on valuation, according to a report from the agency’s website CustomsNews. The current 2015 regulation brought Vietnam in line with the World Trade Organization agreement on valuation of goods, but it also did not define some concepts, making it difficult to implement for traders, the report said. Upcoming changes include the order and conditions under which valuation methods should be apply, as well a rewrite of regulations governing those methods, including transaction value, transaction value of similar goods and deductive value.

Leaders from South Korea and Saudi Arabia discussed “economic cooperation” and signed an agreement that will increase exports of “testing materials,” according to a press release from South Korea’s Ministry of Trade, Industry and Energy. The two sides signed a memorandum of understanding on “technical cooperation in the field of energy efficiency,” which will lead to “exporting testing materials and consulting on energy efficiency,” the release said. The countries also agreed to “strengthen support in automobiles … [information and communications technology (ICT)], smart city, and airport construction,” and supported the possibility of more agreements in the future. The meeting was the second in a series for the Korea-Saudi Vision 2030 Committee, an effort by the two countries to strengthen bilateral ties.

Indonesia revoked a regulation that would have imposed value-added taxes on luxury goods bought and sold through e-commerce, according to an April 15 notice from KPMG. The regulation was initially scheduled to take effect April 1, but Indonesia reversed the change in late March, KPMG said. Because the VAT change was withdrawn, KPMG said, the “existing income tax regulations” will continue to apply for all e-commerce transactions.

The Philippines recently lifted certain restrictions on rice imports and replaced them with tariffs, revoking specific requirements that forced traders to apply for licenses from the National Food Authority (NFA) and allowing the country’s president to change duty rates, according to an April 11 report from the U.S. Department of Agriculture.

Japan’s Ministry of Finance announced tariff rate quotas for certain dairy imports for the Japanese fiscal year that runs from April 1, 2019, to March 31, 2020, according to an April 10 notice from the U.S. Department of Agriculture's Foreign Agricultural Service. The TRQs cover “natural cheese for processing, skimmed milk powder, evaporated milk, butter and butteroil, and certain whey products, ” the notice said. Among several changes are those affecting imports of natural cheese used in processed cheese: Each Japanese importer is permitted to import natural cheese tariff-free up to 2.5 times “the volume of domestic cheese it uses for the production of processed cheese,” the notice said.

A company based in Vietnam was accused by the country’s customs department's anti-smuggling unit of falsifying import permits and smuggling medical products, the Vietnam Customs Department's CustomsNews website said in an April 15 report. The company, C.V.S One Member Limited Liability Company, allegedly “heavily modified” import permits in at least 18 customs declarations between 2009 and 2016, including changing the model, term and number of the item in the permit’s appendix. The company’s “director ... admitted to falsifying import licenses,” the report said, and the investigation has been handed to Vietnamese police.

India and the Association of Southeast Asian Nations agreed to strengthen “maritime cooperation” and improve “connectivity” at the 21st ASEAN-India Senior Officials' Meeting April 11-12 in New Delhi, according to an announcement from India’s Ministry of External Affairs. At the meeting, both India and ASEAN “voiced their determination to bolster bilateral ties,” according to a report from the Vietnam Customs Department's CustomsNews website. The change was first suggested during the ASEAN-India Commemorative Summit in 2018, the report said, when the two sides also promised to strengthen trade and the ASEAN-India Free Trade Area, according to a post-report from that summit.

U.S. Agriculture Secretary Sonny Perdue called Vietnam's recent ban on importation of glyphosate “devastating,” saying it could cause significant ramifications for global agricultural production. Perdue also said Vietnam “sidestepped its obligation” to notify the World Trade Organization of the ban and that Vietnam should be concerned about consequences for its farmers. “There’s the very real risk that Vietnam’s farmers will turn to unregulated, illegal chemical products in place of glyphosate,” Perdue said.