The US and Mexico announced a formal course of remediation at the Corporación de Occidente tire manufacturing facility in El Salto, Jalisco — the fourteenth such agreement under the USMCA rapid response labor mechanism. The action targets workers’ rights at the automotive and specialty tire plant.
The Brazilian government has issued regulations operationalizing tariff-rate quotas negotiated under the Mercosur–EFTA trade agreement. The measure covers specific product categories including wines, cheeses, infant formula, and chocolates from EFTA member countries. This step implements commitments made during the agreement’s negotiation.
Japan’s Ministry of Agriculture announced the verification of import quota quantities for butter and skim milk powder for fiscal year 2026. This concerns the administration of tariff-rate quotas for dairy commodities under Japan’s import control regime.
India has extended its RoDTEP scheme, which remits duties and taxes embedded in exported products, until 31 December 2026. The scheme is a key export incentive mechanism that offsets indirect taxes on inputs used in export production. No further details from the snippet are available regarding rate changes or sector-specific modifications.
The UK has granted South Korea an exemption from sanctions on Russian LNG imports. This is a named sanctions/export controls measure affecting specific energy commodity trade flows between South Korea and Russia.
Japan’s Ministry of Foreign Affairs announced measures under the Foreign Exchange and Foreign Trade Act in response to the situation in Ukraine. These measures likely involve export controls or financial sanctions targeting Russia. The action reflects ongoing trade restrictions tied to the Ukraine conflict.
Indonesia’s Ministry of Trade has set the October 2026 reference price (HR) for crude palm oil (CPO) at USD 1,042.15/MT, up 3.44% from September, which determines export duty (BK) and plantation fund levy (PE) rates. Reference export prices (HPE) for cocoa beans rose, pine resin fell, leather products held steady, and wood products varied. These […]
The UK has issued a General Trade Licence authorising UK businesses to conduct maritime transport of LNG to Japan that would otherwise be prohibited under the Russia (Sanctions) (EU Exit) Regulations 2019. This licence provides a specific exemption for LNG shipments destined for Japan from Russia sanctions restrictions.
The UK has issued a General Trade Licence authorising UK businesses to conduct maritime transportation of LNG to South Korea, permitting certain activities otherwise prohibited under the Russia (Sanctions) (EU Exit) Regulations 2019. This licence provides a specific exemption related to Russian sanctions for LNG trade with South Korea.
At the ASEAN Economic Ministers meetings with dialogue partners, ASEAN and the EU agreed to develop digital trade principles to promote open, transparent, and fair markets. ASEAN and the UK endorsed a new joint declaration on digital transition and green economy, while ASEAN-Russia discussions advanced cooperation across 11 trade and investment sectors, and ASEAN-Switzerland agreed […]