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US Issues Annual IPR Country Report 5/3/2012 The Office of the United States Trade Representative has released its annual
‘Special 301 Report’ on the perceived adequacy and effectiveness of
US trading partners’ protection and enforcement of intellectual property
rights (IPR).
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Uruguay To Exchange Tax Information With Argentina 5/1/2012 Uruguay has agreed to share tax information with Argentina, under a landmark double
tax agreement recently signed between the two nations.
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WTO Members Pressure Argentina On Trade Policy 4/9/2012 At the Council for Trade in Goods meeting on March 30, 2012, fourteen World Trade Organisation members jointly
expressed their deepening concern about Argentina’s import-licensing measures, which were said to have significantly restricted trade flows.
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US Removes Argentina From GSP Programme 3/28/2012 In accordance with the Trade Act of 1974, President Barack Obama has
provided notification of his intent to suspend Argentina as a beneficiary developing
country under the United States Generalized System of Preferences programme.
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Argentina Eyes Protectionist Trade Measures 3/26/2012 The Argentinian government is set to announce increases to import duties on 100 items, and will seek to revise a long-standing vehicle trade pact with Mexico - mirroring an earlier move by Brazil - as part of a package of measures to mitigate the nation's growing trade deficit.
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Canada Pushes For FTA Negotiations With Mercosur 3/22/2012 Ed Fast, Canada's Minister of International Trade, has concluded a two-day trade visit to Argentina, to promote the conclusion
of exploratory talks towards a possible Free Trade Agreement between the nation
and the Mercosur trade bloc of Latin American nations.
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UK To Cash In On Falklands Oil Discovery 2/24/2012 The governments of the Falkland Islands and the United Kingdom stand to benefit
from as much as USD167bn in windfall taxes according to a new report on oil and gas deposits
thought to lie in the maritime area surrounding the Falkland Islands.
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Argentina's Farmers Call For Drought Tax Exemptions 1/18/2012 Argentinian farmers have been met by government resistance in their pleas for tax relief to compensate for significant droughts, which are expected to leave crop yields down around 10% for the year.
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Argentina Hikes Import Taxes On Luxury Vehicles 1/11/2012 The Argentine government has announced a change to the country's customs duty
regime to introduce higher taxes on imported vehicles and motorbikes, imitating Brazil's earlier decision to introduce protectionist tax measures to support its domestic car manufacturing industry.
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Outlook Worsens For Caribbean, Latin America 1/4/2012 New reports from the Inter-American Development Bank and the Economic Commission
for Latin America and the Caribbean say the region has demonstrated marked
economic gains during the past year, but risks remain significant looking
ahead to 2012.
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Mercosur Announces Protectionist Import Duty Hikes 1/4/2012 The South American trade bloc, Mercosur is to slap the maximum rate imposable, 35%, on the import of one hundred additional goods, likely on a temporary basis until December 2014, Brazil's
Minister for Finance has announced.
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Mercosur States, Palestine Authority Sign FTA 12/26/2011 The Mercosur nations – Argentina, Brazil, Paraguay and Uruguay – have signed
a Free Trade Agreement with the Palestine Authority, aimed at establishing commercial
ties and boosting cooperation.
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Canada, Costa Rica Look At Improving FTA 11/9/2011 Negotiations have begun between Canada and Costa Rica on the proposed modernization of their existing free trade agreement, it has been announced.
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G-20 Nations Failing To Honour Protectionism Pledges 10/27/2011 Disappointingly weak growth in some G-20 members is testing the political resolve
of many governments to resist trade protectionism, says a new report from the World
Trade Organization, the United Nations and the Organisation for Economic Cooperation and Development,
which examines trade and investment measures implemented in the third quarter of 2011.
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India Rapidly Expanding Tax Agreement Network 10/17/2011 India is playing a major role in the global crusade against black money and has completed negotiations for 16 new tax information exchange agreements, according to the chairman of the Central Board of Direct Taxes M C Joshi.
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Caribbean Territories Sign Up To Anti-Corruption Drive 9/15/2011 A number of offshore Caribbean territories have notified their consent to receive
on-site visits to evaluate their compliance with the Inter-American
Convention against Corruption.
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Jersey Signs TIEA With Argentina 8/4/2011 Jersey's Assistant Chief Minister, UK and International Relations, Freddie
Cohen, has signed a tax information exchange agreement with Ricardo Daniel
Echegaray, Head of the Argentine Federal Administration of Public Revenues.
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Guernsey Adds To Tax Info Exchange Network 8/2/2011 The Guernsey government has announced the signing of two further Tax Information
Exchange Agreements, with Argentina and the Cayman Islands.
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EFTA Unveils Progress On FTAs 6/23/2011 Following a recent gathering of European Free Trade Association ministers
in Schaan, the Liechtenstein administration announced details of the signing of
a free trade agreement with Hong Kong.
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Argentina, Ecuador Sign TIEA 5/25/2011 Argentina and Ecuador have signed a tax information exchange agreement, which will provide greater transparency in business conducted between the two countries.
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Trade Restrictions On The Rise 5/26/2011 Global trade and investment appear to be facing opposing forces both pushing and pulling against the prospects for economic recovery, as governments attempt to attract foreign investment on the one hand while shielding their economies from foreign competition by raising trade barriers on the other, according to a new report.
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Argentina, India Sign TIEA & Customs Agreement 5/10/2011 Two important new agreements providing for the exchange of tax and customs information between Argentina and India have been signed, reflecting increased cooperation between the two countries in the areas of trade and investment.
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IDB Loan To Strengthen Argentina's Trade Policy 5/6/2011 Argentina is to receive a USD3m loan from the Inter-American Development Bank
to fund government efforts to expand its trade and investment relations with foreign countries.
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Latin America's 'Decade Of Opportunity' Discussed 5/4/2011 Latin America's emergence as an important area of interest for trade and investment has been highlighted over the course of two recently held events. Delegates at an influential forum have argued that the region has a "decade of opportunity" ahead of it, while a round table discussion on relations with the European Union stressed that a unique chance exists for the strengthening of such ties.
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Anti-Corruption Activities Falling Short, Says OECD 4/27/2011 The Organisation for Economic Cooperation and Development has released figures showing that, while there are 38 signatories to its Anti-Bribery Convention, only a remarkably small minority are actively engaging in the sanctioning of individuals and companies.
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WIPO To Support South American Patent Collaboration 3/7/2011 The World Intellectual Property Organization has responded positively to
a request by a group of nine South American countries – Argentina, Brazil,
Chile, Colombia, Ecuador, Paraguay, Peru, Suriname and Uruguay – to assist
in their efforts to improve services to local and international users of their
intellectual property system.
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WTO Reviews Transparency Mechanism For RTAs 2/15/2011 The World Trade Organization's Negotiating Group on Rules, on February 4, 2011, commenced its review of the WTO Transparency Mechanism for Regional Trade Agreements by considering two proposals: one from the United States for the consideration of all RTAs under a single WTO Committee; and one from Ecuador for procedural adjustments to the mechanism.
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Lamy Urges On Doha Participants 2/7/2011 The World Trade Organization’s Director General, Pascal Lamy, as chairperson
of the Trade Negotiations Committee, urged WTO ambassadors on February 2 to
engage in bilateral and small group discussions on resolving key obstacles to
a near-global multilateral free trade agreement, through the Doha Round.
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EU To Discuss Trade Deal WIth Mercosur 2/7/2011 European Union Trade Commissioner Karel De Gucht will visit Paraguay and Uruguay in the week commencing February 7 in an attempt to advance negotiations towards a 'balanced and ambitious' free trade agreement with the Mercosur states.
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Plastic Surgeons Under Argentina's Tax Microscope 1/18/2011 The Federal Public Revenue Administration has pointed out that, based upon the
number of breast implants imported into Argentina for use by its plastic surgeons,
the country is not receiving corresponding amounts of tax revenue.
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South Korea Seeks FTA With Mercosur 1/4/2011 Following a meeting in Brazil between the new Brazilian President, Dilma Rousseff,
and South Korea’s Prime Minister, Kim Hwang-sik, it was disclosed that the
latter had emphasized South Korea’s willingness to begin free trade agreement negotiations with Mercosur.
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Argentina's Tax Revenues Soar 12/6/2010 November tax revenues in Argentina have soared, up 39.5% on the year, says the country’s tax agency AFIP.
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Argentina Catches Up On Tax Agreements 11/3/2010 The head of Argentina's Federal Administration of Public Revenue, Ricardo Echegaray has announced the signing of tax information exchange agreements with Russia, Italy and France as part of its strategy to crack down on tax evasion.
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EU Sees Increase In Restrictive Trade Barriers 10/27/2010 A new report published by the European Commission shows that more than 330
trade restrictive measures have been taken by the major trade partners of the
European Union since the outbreak of the financial and economic crisis in
2008.
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Argentina, Italy Sign TIEA 10/21/2010 The Republics of Argentina and Italy have signed a tax information exchange accord to prevent and combat tax fraud, evasion and avoidance.
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Syria Eyes Mercosur Trade Deal 10/5/2010 Syrian Assistant Minister of Trade and Economy, Khaled Sallouta has reported
back after meeting with the head of the Brazillian International Negotiations
Department at the country’s Foreign Ministry, Evandro de Sampaio Didonet,
in which the diplomats initialled an agreement to begin negotiations towards a Free Trade Agreement between Syria and the Mercosur bloc, which Brazil
is currently chairing.
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Uruguay Stays On OECD Grey List 8/24/2010 Uruguay has reached agreement with India on an information exchange agreement, but for the present will stay on the grey list of the Organisation for Economic Co-operation and Development, since seven of its 12 agreements, including the one with India, still await signature.
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Mercosur Agrees Customs Code 8/5/2010 After six years of difficult negotiations, the Mercosur trade bloc has reached agreement on a common customs code which is to be phased in by 2012.
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Argentina, India Initial Customs Agreement 8/4/2010 Argentinian tax chief, Ricardo Echegaray, has negotiated with officials of the Indian Central Board of Customs and Excise to conclude an agreement for co-operation and mutual assistance in customs operations, with the aim of promoting trade between both countries.
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Taxes Hindering Global Broadband Development 7/22/2010 The GSM Association has issued a report which reveals how mobile sector-specific
taxation impacts on the development and deployment of mobile broadband in developing
countries.
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Argentina Raises Tax Threshold By 20% 7/12/2010 Argentine finance minister, Amado Boudou, has announced that the minimum threshold for paying income tax will be increased by 20%.
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Argentine Soybean Tax Regime Attacked 7/6/2010 A recent study published by the United Soybean Board (USB) and soybean checkoff shows Argentina’s regime of taxing its whole soybeans for export at a higher rate than it taxes its soybean meal, oil and biodiesel destined for foreign markets costs the US soybean industry up to USD500m annually.
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Gurria Calls For New Fiscal Balance 6/30/2010 Addressing the Group of 20 Business Summit, Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development, spoke on the difficulty of balancing fiscal consolidation with the support of a job-rich recovery.
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Argentine Farm Lobby Wants Radical Reform Of Export Tax 6/23/2010 A campaign in Argentina to remove export taxes on grain and oilseed commodities and reform the whole system of agricultural trade controls is gaining ground.
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G20 Inward Investment Barriers Are Avoided 6/15/2010 The Organisation for Economic Co-operation and Development and United Nations Conference on Trade and Development have commended G20 countries for avoiding new protectionist barriers to inward investment, while warning that continued vigilance is needed in the face of emergency measures to address the economic crisis that still pose a threat to competition and international investment.
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Uruguay Legislates On Bank Secrecy 6/1/2010 Legislation is being debated in the lower house of the Uruguay parliament which seeks to impose Uruguayan income and wealth taxes on assets held by Uruguayans abroad.
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Brazil Calls For Mercosur-Caricom FTA 4/28/2010 During the CARICOM-Brazil Summit on April 26, delegations from the Caribbean Community and Brazil discussed enhancing trade ties following the opening of the Takutu River Bridge in September 2009, which creates a physical link between Guyana and Brazil.
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China, Argentina Sign TIEA 4/21/2010 Argentina and China have signed a draft agreement on tax information exchange to help promote their growing bilateral trade.
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Argentina, China Clash On Trade 4/9/2010 Chinese importers have been cancelling Argentine soy oil contracts after being told by China's State Quarantine Bureau that strict inspections would start on April 1, seemingly in retaliation for anti-dumping measures against Chinese textile, shoe and steel pipe exports.
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Argentina Plans To Abolish Check Tax 4/2/2010 The Argentine government may abolish the so-called 'check tax' in its 2011 budget, economy minister Amado Boudou said before a meeting with the Senate finance committee.
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IASB Chairman Updates EU 3/18/2010 Sir David Tweedie, Chairman of the International Accounting Standards Board, has addressed a meeting of the Council of the European Union (Economic and Financial Affairs) on convergence and the classification and measurement of financial instruments.
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