Indonesia’s Ministry of Trade set the reference price for crude palm oil (CPO) at US$1,029.51/MT for June 2026, down US$20.07 (1.91%) from the May 2026 level of US$1,049.58/MT. This reference price determines the applicable export duty (Bea Keluar) and the BLU BPDP levy rate. The announcement was made by the Director General of Foreign Trade.
Japan’s Ministry of Agriculture, Forestry and Fisheries announced the lifting of a temporary import suspension on poultry meat and related products from Colombia. This measure relates to SPS-based trade restrictions that had been in place, and their removal restores market access for Colombian poultry exports to Japan.
USTR has made a formal Section 301 determination that Brazil’s acts, policies, and practices are unreasonable, covering digital trade and electronic payment services, preferential tariffs, anti-corruption enforcement, IP protection, ethanol market access, and illegal deforestation. This determination under the Trade Act of 1974 could lead to retaliatory trade measures against Brazil. The action spans multiple […]
India’s DGFT issued Public Notice 16 (2026-27) amending Para 2.88 of the Handbook of Procedures, which governs export-import trade procedures. The specific amendment details procedural changes affecting trade documentation or licensing requirements under India’s Foreign Trade Policy.
India’s DGFT has amended Appendix 2B of the Foreign Trade Policy 2023, which governs the list of agencies authorized to issue Preferential Certificates of Origin. This change affects which bodies can certify goods for preferential tariff treatment under India’s trade agreements. The amendment has direct implications for exporters seeking preferential market access under FTAs.
India’s DGFT has amended import policy conditions for specific ITC HS codes under Chapter 71 of ITC(HS) 2022 Schedule I, covering precious stones, metals, and jewellery. The amendment modifies the import policy for these tariff lines. No further text was available in the snippet.
India’s DGFT has amended Para 2.03(A)(iii) of the Foreign Trade Policy 2023 to clarify the applicability of Quality Control Orders (QCOs) and Bureau of Indian Standards (BIS) requirements on imports by Special Economic Zone units and developers. The amendment addresses whether SEZ importers must comply with domestic technical standards and quality controls. This constitutes a […]
ASEAN has concluded negotiations for the Digital Economy Framework Agreement (DEFA), a landmark plurilateral deal covering digital trade among member states. The agreement represents a significant policy outcome for the region’s digital economy governance. The Philippine DTI announced the conclusion via its official news channel.
The WTO Council for Trade in Services met June 2-4 to discuss future work areas including e-commerce services, green services economy, and LDC participation in services trade. Members agreed to hold a dedicated workshop on recognition of foreign professionals’ qualifications. Discussions also covered facilitating greater LDC integration into global services trade.
ASEAN Senior Economic Officials resolved all outstanding issues in the ASEAN Digital Economy Framework Agreement (DEFA) negotiations at the Second Meeting of the 57th SEOM held in Manila on 27-29 May 2026. This marks the conclusion of DEFA negotiations among ASEAN member states. DEFA covers digital trade rules across the region.