The European Union issued the following trade-related releases Sept. 5-7 (notices of most significance will be given separate headlines):
Russia export controls and sanctions
The use of export controls and sanctions on Russia has surged since the country's invasion of Crimea in 2014, and especially its invasion of Ukraine in in February 2022. Similar export controls and sanctions have been imposed by U.S. allies, including the EU, U.K. and Japan. The following is a listing of recent articles in Export Compliance Daily on export controls and sanctions imposed on Russia:
Russia, which acceded to the World Trade Organization two weeks ago, now has the choice of taking the high road or the low, European Trade Commissioner Karel De Gucht said Sept. 7 at a seminar on EU-Russia trade and economic relations in Helsinki, Finland. The low road would be a “minimalist approach” to its WTO commitments, one that seeks to limit the impacts on companies it now artificially protects, he said. The less Russia reforms its business environment, the harder it will be for internationally competitive companies to develop, he said.
The Food Safety and Inspection Service revised export requirements and plant lists for the following countries for Aug. 31 - Sept. 6.
The Foreign Agricultural Service has amended the availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation's Export Credit Guarantee Program (GSM-102) for fiscal year 2012, for the following countries/regions:
The Asia-Pacific region continues to be a “key driver for international trade and investment” despite the uncertainty of the global economy, Asia-Pacific Economic Cooperation Ministers said in a Sept. 6 joint statement following their meeting in Vladivostok, Russia. Governments said they remain “strongly committed” to supporting the World Trade Organization as essential for worldwide economic growth and development and have directed their officials to use “different, fresh and credible negotiating approaches” aimed at a successful multilateral conclusion of the Doha Round. They noted with concern the International Monetary Fund's downward projection for global economic growth for this and next year and the rise in protectionism around the world.
On Sept. 5 the Foreign Agricultural Service issued the following GAIN reports:
The government of Canada issued the following trade-related notices for Sept. 5, 2012 (Note that some may also be given separate headlines.)
On Sept. 4 the Foreign Agricultural Service issued the following GAIN reports:
The International Trade Administration issued a notice revoking the antidumping duty order on ferrovanadium and nitrided vanadium from Russia (A-821-807) effective Oct. 13, 2011. Accordingly, the ITA will notify CBP to discontinue suspension of liquidation and collection of cash deposits on entries of the subject merchandise entered or withdrawn from warehouse on or after Oct. 13, 2011. The ITA will further instruct CBP to refund, with interest, any such cash deposits. Entries of subject merchandise prior to Oct. 13, 2011 will continue to be subject to suspension of liquidation and AD duty deposit requirements, and the ITA will complete any pending administrative reviews of this AD order.
The Democratic Party released its national platform in advance of the 2012 Democratic National Convention in Charlotte Sept. 4-6. Trade-related aspects of the platform include support for the Trans-Pacific Partnership (TPP), increasing exports, enforcing “fair trade” with China, and establishing permanent normal trade relations (PNTR) with Russia, among other things. Highlights of the platform include: