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US Seeks Comments on Text for WIPO Genetic Resources Treaty

Summary - Last year the World Intellectual Property Organization (WIPO), under a threat of a vote, accelerated negotiations on an international legal instrument related to intellectual property (IP) and genetic resources...more

The EU IP Harmonization Package to Include EU-wide compulsory License

Key Points - The EU aims to harmonize patent protection rules and flexibilities with a layer on top of national rules. This is in line with long-term efforts by the EU institutions to harmonize patent rules and motivated,...more

UK Opens Consultation on Policy Responses to Carbon Leakage

On 30 March 2023, the United Kingdom Department for Energy Security and Net Zero (DESNEZ) and the UK Treasury opened a public consultation on policies to reduce carbon leakage risk and support decarbonisation, especially in...more

Putting a stop to the subsidy war

With the enactment of the U.S. Inflation Reduction Act (IRA) and the announcement of the European Union (EU) Green Deal Industrial Plan, there is now a full-fledged subsidy war between the United States and the European...more

USITC Sets Out Process of Its Investigation into TRIPS Waiver Expansion

On February 1, the USITC formally announced the opening of its investigation into the merits of expanding the TRIPS Waiver to diagnostics and treatments. The investigation was initially requested by USTR, who had been leading...more

EU Reaches Provisional Agreement on Carbon Import Charge

Key Points - The co-legislators of the EU recently reached a provisional agreement on a regulation for a CBAM. CBAM will require importers to the EU of covered carbon-intensive products to pay a charge for the carbon...more

OECD Launches Public Consultation on Updates to its Guidelines for Multinational Enterprises

Key Points - On January 13, 2023, the OECD launched a public consultation process to gather comments from stakeholders regarding potential changes to its Guidelines for Multinational Enterprises. Stakeholders wishing to...more

USTR Announces Support for Extending TRIPS Waiver Expansion Discussions and Launches USITC Investigation

Key Points - On December 6, days before a deadline for WTO members to decide whether to expand the TRIPS waiver for COVID-19 vaccines to cover COVID-19 diagnostics and therapeutics as well, the Office of the USTR...more

EU Parliament Votes On Climate Agenda

During the plenary session held the first week of June, the European Parliament voted on several items related to the European Union’s (EU) “Fit for 55” climate package. Debate and division continue to be strong. Key...more

U.S. and Multilateral Russia-related Trade Policy and Import Restrictions

Key Points - The United States and its allies are banning imports or increasing tariffs on Russia’s top products—crude oil, petroleum, petroleum fuels, oils, liquefied natural gas, coal, fish, seafood, alcohol,...more

Brazil Initiates Process to Join the WTO Government Procurement Agreement

- On May 18, 2020, the government of Brazil submitted its application for accession to the WTO GPA, which will further open the Brazilian government procurement market to foreign producers and foreign service providers and...more

Investment Facilitation – A WTO Negotiation That Can Yield Positive Returns for Investors

Investment facilitation is among the new generation issues being discussed at the World Trade Organization (WTO), alongside issues such as electronic commerce and digital trade. The concept of “investment facilitation” refers...more

Members Agreement Ensures That WTO Dispute Settlement Continues to Operate Smoothly

- A group of 46 WTO members representing over half of world trade have brought into operation an agreement to ensure that WTO dispute settlement continues to operate smoothly until the standing Appellate Body is...more

EU and Mexico Announce the Finalization of an Updated Free Trade Agreement

- After four years of negotiations, the EU and Mexico announced on April 28, 2020, the finalization of an updated free trade agreement between them. This is expected to further boost the significant bilateral trade and...more

The Future of U.K.-EU Trade: The Bilateral Trade Agreement Model

In the aftermath of Brexit, the United Kingdom is faced with the challenge of negotiating a relationship with the European Union that balances Single Market access with national control over the movement of goods and workers....more

The Future of UK-EU Trade: The Swiss Model

In the aftermath of Brexit, the United Kingdom is faced with the challenge of negotiating a relationship with the European Union that balances Single Market access with national control over the movement of goods and workers....more

The Future of U.K.-EU Trade: The Norway Model

In the aftermath of Brexit, the United Kingdom is faced with the challenge of negotiating a relationship with the EU that balances Single Market access with national control over the movement of goods and workers. This...more

The Future of UK-EU Trade: An Overview

In the aftermath of Brexit, the United Kingdom is faced with the challenge of negotiating a relationship with the European Union that balances Single Market access with national control over the movement of goods and workers....more

Brexit: Trade and Regulation Outlook

The UK vote to Brexit has material economic, financial, commercial, political, legal and social implications. Once the UK government has formally notified the European Council of its citizens’ decision to leave the EU, the UK...more

Brexit: EU Later!

The UK vote to Brexit has material economic, financial, commercial, political, legal and social implications. Once the UK government has formally notified the European Council of its citizens’ decision to leave the EU, the UK...more

Ecuador Imposes Safeguard Import Tariffs

On March 6, 2015, Ecuador announced that it is imposing a balance of payments safeguard consisting of import tariffs between 5 and 45 percent on approximately 32 percent of products. The safeguard measure becomes effective on...more

3/11/2015  /  Ecuador , Imports , Tariffs

The New WTO Trade Facilitation Agreement

On December 7, 2013, the 159 members of the World Trade Organization (WTO) approved a new Agreement on Trade Facilitation (ATF), which is meant to expedite and streamline the customs processing of imports and exports. The ATF...more

12/18/2013  /  ATF , Trade Policy , WTO
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