Indonesia’s Ministry of Trade has set the gold export benchmark price (HPE) at USD 150,555.29/kg, down 1.72% from the previous period, and the reference price (HR) at USD 4,682.80/troy ounce for the second period of May 2026. These are formalized in Ministerial Decree No. 1343 of 2026. The adjustments reflect corrections in global gold prices.
India’s DGFT has amended the export policy for sugar. The notification changes the export conditions or restrictions applicable to sugar, a key agricultural commodity. Specific details of the amendment are not available in the snippet.
India’s DGFT issued Trade Notice 03/2026 clarifying the interest subvention scheme for pre- and post-shipment export credit under the Niryat Protsahan Export Promotion Mission. The notice provides operational guidance on eligibility and disbursement of subsidized export credit support. This directly affects export financing costs for Indian exporters.
India’s DGFT has amended Appendix 2B of the Foreign Trade Policy 2023, updating the list of agencies authorised to issue preferential Certificates of Origin. This change affects which bodies can certify goods for preferential tariff treatment under India’s FTAs.
India and Canada concluded the second round of Comprehensive Economic Partnership Agreement (CEPA) negotiations. The joint statement marks a formal milestone in bilateral FTA talks between the two countries. No further details are available from the snippet.
Malaysia’s Ministry of Investment, Trade and Industry (MITI) announces the termination of the special import duty exemption for fully built-up (CBU) electric vehicles. This policy change directly affects tariff treatment of imported EVs in Malaysia. The measure signals a shift in EV import policy with implications for market access for foreign EV manufacturers.
The European Commission has imposed anti-dumping duties on imports of adipic acid originating from the People’s Republic of China. This action targets unfairly traded imports into the EU market.
China requested WTO consultations with the EU on November 4, 2024, challenging the EU’s definitive countervailing duties on new battery electric vehicles (BEVs) from China and the underlying investigation. China alleges the measures are inconsistent with multiple provisions of the WTO SCM Agreement and GATT. This is a formal WTO dispute proceeding.
USTR will hold public hearings May 5–8, 2026 on Section 301 investigations covering 16 economies’ acts, policies, and practices related to structural excess capacity in manufacturing sectors. Section 301 investigations can lead to tariffs or other trade remedies against unfair trade practices.
India’s DGFT has established four new Standard Input Output Norms (SIONs) numbered A-3698 through A-3701 under the Chemical and Allied Products category. SIONs define the permitted input quantities for duty-free imports used in export production under India’s Advance Authorisation scheme. These norms directly govern customs duty exemptions and rules of origin for export-linked imports.