PTPolicyTraderThe policy behind the trade.
Trade policy, commodities, and sustainability across the Indo-Pacific
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The UK and India have agreed a Double Contributions Convention as part of their trade deal, which governs social security/national insurance contributions for workers operating across both countries. This explainer details the agreed provisions of that convention. It forms part of the broader UK-India FTA package.
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The UK-India Free Trade Agreement, valued at £4.8bn, is set to enter into force on July 15th. Businesses are urged to begin preparations for the implementation of the deal. This is a landmark bilateral trade agreement between the two countries.
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WAEMU has updated its rules of origin product list to align with HS 2022, resolving inconsistencies that arose after member states adopted the new nomenclature. Previously, the WAEMU Treaty referenced older HS editions for determining originating goods, undermining preferential treatment and trader compliance. The alignment ensures consistent application of preferential rules across the bloc.
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UK government guidance on temporary duty suspensions and autonomous tariff quotas (ATQs) for importing goods into the UK. These measures reduce or eliminate import duties on specific goods on a temporary basis. The update reflects current applicable suspensions and quotas as of June 2026.
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Korea’s Trade Minister met with Mongolia’s Minister of Economic Development to advance the Korea-Mongolia Comprehensive Economic Partnership Agreement (CEPA) negotiations and expand economic cooperation. Mongolia is highlighted as a key emerging trade partner rich in critical minerals including copper, molybdenum, and rare earths. The talks focused on institutionalizing bilateral trade and investment through the CEPA […]
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India and the United Kingdom announced that their Comprehensive Economic and Trade Agreement (CETA) and an Agreement on Social Security Contributions will enter into force on 15 July 2026. The agreement is described as a next-generation economic corridor deal. No further details are available in the snippet.
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South Korea’s Ministry of Trade held a meeting with the Korea Iron & Steel Association and major steelmakers on June 16 to share progress on Korea-EU steel quota negotiations ongoing since April. The talks concern the EU’s new steel import management regime under its ‘Steel Overcapacity Response Act,’ set to take effect July 1 as […]
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Korea’s 57th Trade Promotion Committee, chaired by Trade Minister Yeo Han-koo, reviewed ongoing FTA negotiations including the Korea-Mongolia CEPA (resuming June 2025), Korea-China FTA services/investment follow-up talks, and Korea-Morocco CEPA. The meeting also addressed the status of and response plans to US Section 301 trade investigations against Korea.
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South Korea and Saudi Arabia signed an MOU on crude oil and gas cooperation to establish a mid-to-long-term resource cooperation framework. Saudi Arabia, Korea’s top crude oil supplier, previously committed to prioritizing crude and naphtha supply to Korea. The visit also advanced cooperation on manufacturing infrastructure (automotive, shipbuilding) and minerals/advanced industries.
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Korea and the EU formally signed a Digital Trade Agreement (DTA), making the EU Korea’s second DTA partner after Singapore. The announcement also covers EU corporate investments totaling $165 million in Korea across advanced technology sectors, and high-level trade talks between Korea’s trade negotiation chief and EU Trade Commissioner Maroš Šefčovič on supply chains and […]