Brazil’s Ministry of Development, Industry and Commerce (MDIC) has launched a public consultation to identify sustainable products that could receive additional trade benefits under the Mercosur-EU trade agreement. Proposals submitted will help define which products qualify for preferential commercial treatment tied to sustainability criteria. This is part of the implementation process of the Mercosur-EU FTA.
UK government published guidance on complying with sanctions restricting the trade of banknotes with Belarus and Russia. The guidance covers how individuals and entities must comply with these specific financial trade restrictions.
Indonesia’s Ministry of Trade set the reference price (Harga Referensi) for crude palm oil at USD 996.52 per metric ton for August 1-31, 2026, down USD 4.38 (0.44%) from the previous period. This reference price is used to determine applicable export duties and levies on CPO.
India has officially opened its market to fresh durian from Vietnam, representing a significant market access gain for Vietnamese agricultural exporters. This follows phytosanitary negotiations between the two countries. The move allows Vietnamese fresh durian to be exported directly to India for the first time.
The MERCOSUR-Singapore Free Trade Agreement has entered into force, marking a significant milestone in trade relations between Singapore and the MERCOSUR bloc including Brazil. This FTA establishes preferential trade terms between the parties. The announcement was made by Singapore’s Ministry of Trade and Industry.
Indonesia’s Ministry of Trade has set the August 2026 reference price for crude palm oil (CPO) at USD 996.52/MT, down 0.44% from July, affecting export duty (BK) and BPDP levy rates. Simultaneously, the ministry announced higher benchmark export prices (HPE) for cocoa beans, pine resin, and wood products for the same period. These prices determine […]
Brazil’s Foreign Trade Executive Management Committee (GECEX) held its 239th meeting with formal deliberations on trade measures. GECEX is the body responsible for setting Brazilian import/export tariffs and trade policy decisions, making its meeting outcomes directly relevant to tariff and market access policy.
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 130,921.50/kg for the first period of August 2026, down 0.7% from the second period of July 2026. The reference price (HR) for gold also fell to USD 4,072.12 per troy ounce from USD 4,100.67. These prices are established under Ministerial […]
The European Commission adopted an Implementing Regulation extending the suspension of EU rebalancing measures on US exports to the EU. This action continues the pause on tariff countermeasures that had been applied in response to US trade actions. No further details on duration or scope are provided in the snippet.
Japan’s Ministry of Agriculture, Forestry and Fisheries announced a temporary suspension of imports of live pigs and pork products from Finland. The measure is an SPS-related import restriction likely triggered by a disease outbreak. Specific product categories affected include live pigs and pork.