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EU Funding To Boost Caribbean EPA Implementation 5/25/2012 The Caribbean Development Bank and the European Union have agreed to fund a multi-million facility to aid members of the Caribbean Community in implementing the necessary reforms to allow them to fully benefit from the preferential trade conditions provided for in the CARIFORUM-EU Economic Partnership Agreement.
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US Imposes Anti-Dumping Duties On Chinese Solar Cells 5/22/2012 Despite concerns that its decision may raise prices and harm the United States
alternative energy sector, the Department of Commerce has announced
a preliminary determination to impose antidumping duties on imports of crystalline
silicon photovoltaic cells, whether or not assembled into solar cells, from China.
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WTO Nations Discuss IT Agreement Expansion 5/18/2012 Several countries have signalled that they will be starting informal bilateral and plurilateral
consultations on what products to add to the Information Technology Agreement.
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St Lucia Eyes Income Tax Cuts, After VAT Implementation 5/16/2012 The government of Saint Lucia has outlined new tax measures in its
latest Budget to shift the tax burden from
direct to indirect taxes.
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Lamy Sings Praises Of IT Agreement 5/16/2012 At the opening of a symposium to mark the 15th Anniversary of the Information Technology Agreement, which substantially liberalized taxes on the global trade of computer products, World Trade Organization Director-General Pascal Lamy emphasized that the success of the agreement could easily be transferred to other growth, and innovation-promoting industries.
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EU's First EPA With African Countries Goes Into Effect 5/16/2012 The interim Economic Partnership Agreement between the European Union and four Eastern and Southern African states, Mauritius, Madagascar, the Seychelles
and Zimbabwe, went into effect on May 14, 2012.
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Putin Backs Ratification Of WTO Commitments This Year 5/14/2012 Russia's new President, Vladimir Putin has dismissed calls to delay the nation's
accession to the World Trade Organisation.
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Morocco Suspends Import Duty On Cereals 5/8/2012 During a recent sitting in Rabat, presided over by Moroccan head of government Abdelilah
Benkirane, Morocco’s governing council examined and adopted two bills exempting
durum, soft wheat and barley from import duty.
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WTO Admits Two New Member States 5/8/2012 The World Trade Organisation is to approve Samoa's accession to membership of
the global trade body on May 10, 2012, following Montenegro's accession on April
29, 2012.
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WTO Members Ready To Revisit Doha Agenda 5/8/2012 World Trade Organisation member states have informally agreed to return to the negotiating table to progress the Doha Agenda at a pace that recognises the present crisis-time challenges for nations globally.
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Chile Announces Tax Reform Plan 5/2/2012 Chilean Finance Minister, Felipe Larrain has confirmed a package of measures that
aims to improve income distribution, and fund education reforms, whilst maintaining
Chile's competitiveness. This is to include the elimination of import duties from 2015, setting the nation apart from the rest of Latin America.
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Canada Highlights Trade Support For Manufacturing 5/2/2012 Speaking at a manufacturing summit in Ontario, Canada’s Minister of Finance
Jim Flaherty has highlighted the government’s contributions to helping build
a strong domestic manufacturing sector through investment incentives and reduced
trade tariffs.
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Nations Air Grievances At WTO Anti-Dumping Body 5/1/2012 The World Trade Organization's Committee on Anti-Dumping Practices held a meeting with WTO members recently to present feedback on 30 anti-dumping actions taken during 2011, and to hear nations' current trade policy concerns.
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US Business Pushes For US-Egypt FTA 5/2/2012 The United States-Egypt Business Council of the US Chamber of Commerce has held
meetings with senior members of Congress to push for commencement of negotiations on a US-Egypt free trade agreement.
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Philippines Wins More Time In Booze Tax Case 5/1/2012 The government of the Philippines has confirmed that it has concluded negotiations
with the United States and the European Union on the reasonable period of
time for it to comply with the World Trade Organization ruling that
the excise taxes it applies on imported distilled spirits are
discriminatory.
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Geithner Finds Progress In US-China Trade Relations 4/30/2012 In remarks made to the Commonwealth Club of California in San Francisco, Timothy
Geithner, the US Treasury Secretary, reviewed the development of the trading and
economic relationship between the United States and China, and pronounced that
significant progress has been made.
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China Confirms Slowdown In Tax Revenue Growth 4/26/2012 The Ministry of Finance has announced final figures showing that China's tax revenues
increased substantially by 10.3% in the first quarter of 2012, much less than
the increase of 32.4% experienced in the first quarter of last year, and the slowest
growth rate in three years.
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St Kitts, Brazil To Sign Free Trade Pact 4/25/2012 The government of Saint Kitts and Nevis has received notification
from Brazil that it is ready to sign the Partial Scope Agreement on trade that the two territories
have been negotiating for a year.
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USITC Surprises With Two Rulings For Asian Exporters 4/23/2012 The United States International Trade Commission has surprised and caused
a certain amount of consternation within American industry, by ruling, twice on
the same day, that domestic manufacturers were not being harmed by imports from
their Asian competitors.
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US, Colombia FTA Effective In May 4/18/2012 The Presidents of the United States and Colombia announced at a joint
press conference in Cartagena that a landmark Free Trade Agreement between the two nations will become effective
on May 15, 2012, gradually exempting the vast majority of goods from bilateral trade taxes.
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Nigeria Achieves Notable Success With Free Trade Zones 4/12/2012 During a recent conference in Lagos, the Managing Director of Nigeria Export Processing
Zones Authority, Adesina Agboluaje, disclosed that almost NGN2.2 trillion has, so far, been invested in Nigeria’s free trade zones.
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China To Reduce Tariffs To Boost Imports 4/2/2012 Premier Wen Jiabao chaired a Chinese State Council meeting on the March 28, at
which it was decided that, in order to achieve a sustainable balance of foreign
trade between exports and imports, and to optimize its mix of imports, China should
selectively reduce its import tariffs.
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Thailand Boosts Tax Incentives For Flood-Hit Companies 3/29/2012 In addition to other emergency measures to help companies and entrepreneurs affected
by Thailand’s recent floods, the Board of Investment will provide
further corporate income tax exemptions for businesses in the badly-affected Pathum
Thani and Ayutthaya provinces.
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South Korea, Turkey Sign Preliminary FTA 3/27/2012 Following meetings earlier this month, South Korea and Turkey were able, on March
26, to sign an initial agreement on trade in goods, as a step on the way to a
full bilateral free trade agreement.
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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 To Negotiate FTAs With Thailand, Japan 3/27/2012 During the visit of Stephen Harper (pictured), the Canadian Prime Minister, to South-east
Asia, he has announced, together with Yingluck Shinawatra, the Prime
Minister of Thailand, and Yoshihiko Noda, the Prime Minister of Japan, that Canada
will pursue bilateral free trade agreements with both countries.
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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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US Explains Anti-Dumping Investigative Process 3/23/2012 As the Department of Commerce is scheduled to release shortly a series
of determinations regarding antidumping duties, when a foreign company sells
a product in the United States at less than fair value, and countervailing duties to offset the benefits of foreign government subsidies, it has issued an
explanation of how its investigative process works in that regard.
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Brazil, Mexico Clash Over Auto Agreement 3/19/2012 The Mexican government has resisted the Brazilian government's request to significantly
limit car imports for the next three years in talks initiated after Brazil threatened
to walk away from a long-standing agreement that provides preferential tax treatment
for bilateral automobile trade.
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China's Commerce Minister Attacks US Trade Policies 3/9/2012 During a news conference on the sidelines of the 11th National People’s
Congress, while disclosing that China’s foreign trade will show a more modest
increase in 2012, Minister of Commerce Chen Deming questioned the current United
States trade policies being aimed at China.
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US Congress Legitimizes Countervailing Duties 3/9/2012 On a bipartisan basis, both the United States Senate and the House of Representatives
have passed a bill to confirm that the Commerce Department can continue to apply
countervailing duties to non-market economies, such as China.
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Vietnam Continues To Cut Fuel Import Taxes 3/7/2012 On March 2, with immediate effect, Vietnam’s Ministry of Finance issued
a new circular which eliminated the 5% import tax on natural gas, propane, ethylene
and other gaseous hydrocarbons.
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Japan, Peru EPA In Force 3/6/2012 Japan and Peru have ratified the Economic Partnership Agreement signed between
the two nations in January 2012, so that the agreement, akin to a Free Trade
Agreement, entered into force on March 1, 2012.
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Bermuda Announces 2012 Budget 3/5/2012 Bermuda's Finance Minister Paula Cox has released the territory's budget for 2012, containing
a number of tax measures to boost tax revenues and employment.
|
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US Bill To Legitimize US Countervailing Duties 3/5/2012 In a move that was said to be critical to levelling the playing field for United
States businesses facing unfairly subsidized imports, bipartisan legislation has
been introduced in Congress which confirms that the Commerce Department can continue
to apply countervailing duties to non-market economies, such
as China.
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US Study Attacks Chinese 'Innovation Mercantilism' 3/2/2012 A paper issued by the Information Technology and Innovation Foundation in Washington,
DC, entitled ‘Enough is Enough: Confronting Chinese Innovation Mercantilism’,
attacks the seeking by China of not merely competitive advantage, but absolute
advantage in a wide range of industries, especially advanced technology products
and services.
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Canada's Tax Revenues On The Up 3/1/2012 Canadian tax revenues were up 6.8% in December, with revenue from the first eight months of the fiscal year increasing by 4.2%.
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Fiji's Tax Cuts Under IMF Microscope 2/28/2012 The International Monetary Fund warned that while Fiji's recent budget was particularly growth-friendly, the tax changes could threaten the revenue base and therefore further offsetting measures may be required to ensure deficit targets are met going forward.
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EU Opens FTA Talks With Armenia 2/27/2012 The European Union has confirmed its decision to launch negotiations with Armenia towards
a deep and comprehensive free trade area to boost bilateral trade
and investment ties.
|
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Canada, China Strengthen Commercial Relationship 2/28/2012 Canada and China have made progress in negotiations toward a foreign investment promotion and protection agreement and inked a series of agreements designed to strengthen their commercial relationship.
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Vietnam Cuts Fuel Import Taxes 2/23/2012 On February 21, with immediate effect, Vietnam’s Ministry of Finance issued
a circular which cuts import tax on gasoline, solvents, aviation fuel, diesel
and kerosene.
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Liechtenstein Ratifies EFTA FTAs With HK, Montenegro 2/20/2012 The Liechtenstein government has ratified the European Free Trade Association free trade agreement with Hong Kong together with a related agreement
on labour standards, and has submitted the agreements to parliament.
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Brazilian Poultry Exporters Challenge South African Anti-Dumping 2/17/2012 The Brazilian Union of Agriculture has begun lobbying for action
to be taken at World Trade Organisation level against anti-dumping measures in
place in South Africa to restrict Brazilian chicken exports.
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Doha Destined For Crisis-Time Delay: Lamy 2/17/2012 Having failed to receive the political support needed to push forward the Doha Round agenda in 2011, the Director-General of the World Trade Organisation, Pascal Lamy has admitted talks should progress in the
'most realistic and practical way' currently possible - 'in small steps'.
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India Challenges Turkish Cotton Yarn Duties 2/16/2012 India has requested the commencement of negotiations with Turkey at World Trade Organization level over import duties reintroduced by the country on the import of cotton yarn.
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US Ethanol Producers Rail Against Brazilian Taxes 2/10/2012 The United States Renewable Fuels Association has written to US Trade Representative
Ron Kirk requesting government action following a decision by the Brazilian
state of Sao Paulo to introduce an ethanol import tax.
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Peru's Tax Revenues Soar 2/9/2012 Peruvian tax revenues increased by 13.4% in real terms as a result of the country's
strong economy and efforts to tackle tax evasion, with full-year revenues amounting to PEN75.5bn (USD28.1bn), Peru's tax authority, SUNAT has reported.
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Trade Barriers Hindering African Growth 2/10/2012 As African leaders pursue negotiations towards a continental free trade area by
2017, a new report released by the World Bank has noted that African nations are
losing out on billions of dollars in potential trade earnings every year because of restrictive barriers to regional trade.
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Brazil May Pull Out Of Auto Trade Deal With Mexico 2/8/2012 The Mexican government is to meet for negotiations with Brazil after the latter nation threatened to call an end to a trade agreement which allows Mexican car exporters tariff-free access to the Brazilian auto market.
|
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WTO Members Approve Pakistan Trade Aid 2/7/2012 World Trade Organization member states have approved trade aid to be granted on an exceptional basis to Pakistan by the European Union to support the country in its recovery following massive floods in 2010.
|
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Indonesia, Pakistan Sign Expanded Trade Deal 2/6/2012 In an effort to increase economic cooperation between the two countries, and as
a possible forerunner to a full bilateral free trade agreement, Indonesia
and Pakistan signed a preferential trade agreement on February 3 in Jakarta.
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WTO To Ease LDC Accession Requirements 1/27/2012 The Sub-Committee on Least Developed Countries, on January 20, agreed to start
work on developing recommendations to “further strengthen, streamline and operationalize”
current guidelines on the accession process of LDCs, as called for in a decision
by the Eighth WTO Ministerial Conference last month.
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St Kitts And Nevis Budget Consolidation On Track 1/30/2012 Saint Kitts and Nevis has made marked process on debt reduction under a program supported by the International
Monetary Fund.
|
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India Raises Precious Metal Duty 1/25/2012 India has raised the import duty on silver and gold, in a move set to increase revenues with prices for the precious metals expected to remain buoyant.
|
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US, Mauritius Hold TIFA Consultations 1/23/2012 Deputy United States Trade Representative Demetrios Marantis has led a US delegation
to Mauritius for talks with the local government under the US-Mauritius Trade
and Investment Framework Agreement, to discuss a broad range of issues
relating to their bilateral trade and investment relationship.
|
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Raspberry Pi Balks At UK Tax Regime 1/17/2012 The UK's tax regime makes it far too expensive for an electronics company to manufacture in the country, the computer company Raspberry Pi has said, looking to Taiwan and China instead to produce its goods.
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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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USTR Issues GSP, AGOA Annual Reviews 1/3/2012 United States Trade Representative Ron Kirk has announced the outcome of
the 2010 Annual Review under the Generalized System of Preferences programme,
as well as the results of the annual African Growth and Opportunity Act Eligibility Review.
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China Slams US Countervailing Duties 12/27/2011 Following the decision of the United States Federal Court of Appeals against US
countervailing duties, China’s Ministry of Commerce issued a statement
condemning their use against Chinese imports over the last five years.
|
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Thailand Considers Further Tax Relief For Flood Victims 12/26/2011 Thailand's Finance Minister, Thirachai Phuvanatnaranubala, has disclosed that
further tax relief, for both individuals and companies affected by the country’s
recent floods, will be proposed for Cabinet approval shortly.
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Russian WTO Bid Approved 12/21/2011 World Trade Organization member states approved Russia's bid to become
a WTO member at the 8th Ministerial Conference held in Geneva on December 16,
2011.
|
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Guatemala, Peru Conclude FTA 12/19/2011 Following the conclusion of negotiations in November, the governments of Peru
and Guatemala have signed a bilateral Free Trade Agreement to temporarily reduce
tariff barriers to trade.
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China To Keep Import Tariffs Low In 2012 12/19/2011 The State Council has confirmed that, from January 1, 2012, China’s average
tariffs will remain at a low rate, to expand imports and meet consumer demand,
promote more balanced foreign trading relationships, and, thereby, encourage a
restructuring of the economy.
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USTR Announces New Trade Initiatives For LDCs 12/16/2011 In advance of the 8th Ministerial Conference of the World Trade Organization, the United States Trade Representative Ron Kirk has announced measures aimed at providing least developed countries with more preferential access to the US market for their exports.
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Nigerian 2012 Budget For 'Jobs And Growth' 12/15/2011 Nigeria’s President Goodluck Jonathan, during his announcement of the Federal
Government’s 2012 Budget proposals on December 13 to the National Assembly
in Abuja, said that their prime objective was, 'not only to create jobs,
but also to lay a solid foundation for sustainable economic growth'.
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Japan Ratifies Peruvian Free Trade Pact 12/14/2011 Japan's parliament has ratified the pending free trade agreement signed with
Peru, follow the pact's signature in May 31, 2011.
|
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Central American Free Trade Pact Sealed 12/12/2011 Mexico and five Central American nations, Nicaragua, El Salvador, Costa Rica,
Honduras, and Guatemala have agreed to the signing of a new consolidated Free
Trade Agreement, to unify existing bilateral arrangements under one pact.
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Montenegro's WTO Accession Terms Published 12/7/2011 A World Trade Organization Working Party has approved Montenegro's accession package to allow the nation to join the global trade club, subject to the approval of ministers at the WTO Ministerial Conference on December 15-17, 2011.
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Canadian SMEs To Benefit From EU FTA 12/2/2011 A free trade agreement with the European Union will create jobs and economic growth for all regions of Canada, the minister in charge has said, welcoming a report from small and medium-sized enterprises endorsing the negotiations.
|
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Pakistan Considering MFN Status For India 12/1/2011 Pakistan's National Assembly has backed proposals to grant India 'Most Favoured
Nation' status under World Trade Organization rules on the condition that the
two countries' negotiators can establish reciprocal benefits for Pakistani exporters.
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Thailand Confirms Import Tariff Exemptions 11/30/2011 To help businesses with plants damaged by the floods in the country, Thailand’s
government has approved the waiving of duties on their imports of machinery and
spare parts, until the end of June 2012.
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Canada Axes Tariffs For Manufacturers 11/30/2011 Canada's Minister of Finance, Jim Flaherty, has announced that a further 70 tariff items are being eliminated to cut the operational costs of Canadian manufacturers by CAD32m (USD31m) annually, as part of the government's efforts to lower taxes and trade barriers for business.
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South Korea To Expand Preferential Tariffs 11/29/2011 South Korea’s Ministry of Strategy and Finance has announced a further expansion
of its tariff exemption programme for products from least-developed countries, with effect from January 1 next year.
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TCI Interim Government Announces Fresh Tax Hikes 11/25/2011 The Turks and Caicos Islands interim government has announced new tax hikes aimed at reducing the budget deficit, which has increased on the back of the territory's political and economic problems.
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WTO Members Resisting Protectionism 11/24/2011 The World Trade Organisation has published its annual report on developments in
the international trading environment, which comprehensively tracks measures implemented by nations over the past twelve months
that restrict or liberalize global trade.
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Australia Urges Global Rethink Of Doha Agenda 11/17/2011 After a decade of inconclusive talks, the Australian government has called for a rethink on the Doha Round negotiations led by the World Trade Organization that would join all WTO members in a binding commitment on further reductions of trade tariffs and prohibitive trade regulations.
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China Emphasizes Its Actions To Encourage Imports 11/11/2011 In the opinion of its Minister of Commerce Chen Deming, China has, since the outbreak
of the international financial crisis, instituted policies so as to expand domestic
demand and stimulate imports while stabilising exports, and has, thereby, become
an important factor in promoting balanced global trade.
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US, EU Laud Russian WTO Compromise 5/1/2012 The compromise reached by Russia and Georgia, mediated by Switzerland, has been praised by the European Union and the United States who have welcomed the benefits that Russian membership of the World Trade Organization will bring to the global trading system.
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Mexico Discloses Increased Tax Revenues 11/9/2011 With Mexico’s economy showing a growth rate of 3.7% in the third quarter
of this year, the government’s tax revenues also continued to register significant
growth, due primarily to higher oil revenues.
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EU Report Describes Doha Benefits 11/8/2011 A new study from the European Commission reveals that the economic benefits arising from successful Doha Development Agenda negotiations in the World Trade Organization could amount to an increase in world exports of USD359bn on an annual basis from a deal that secures the liberalization of industrial goods, agriculture, services and from the removal of red tape.
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Samoa Set For WTO Accession 11/7/2011 A World Trade Organisation Working Party has cleared Samoa's bid to
join the trade organisation subject to the approval of ministers at the Eight Ministerial Conference scheduled
for December 15-17, 2011.
|
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China Welcomes WTO Shoe Tariff Ruling 11/2/2011 China has welcomed the findings of the World Trade Organisation's Dispute Settlement
Body that the European Union's application of anti-dumping duties contravened
trade law, in a recent judgment partially in favour of the nation.
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EU Asks Italy To Comply With VAT Rules 10/28/2011 Within the programme of the European Commission to ensure that European legislation
is fully and properly implemented, it has requested Italy to implement European
Union value added tax rules, and to pay due amounts of customs duties
to the European budget.
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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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EFTA, India Hold Ninth-Round FTA Negotiations 10/25/2011 Delegations from the four European Free Trade Association states (Liechtenstein, Switzerland, Iceland and Norway), and India have met
for a ninth round of negotiations towards a broad-based free trade agreement.
|
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China Warns Again Against US Currency Bill 10/21/2011 In a press conference, whilst also warning that current global uncertainties could
seriously affect China’s foreign trade in the final quarter of this year,
and early in the next, the Ministry of Commerce’s spokesman Shen Danyang
confirmed that the Chinese government would definitely respond, if the United
States anti-renminbi currency bill came into force.
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Philippines, Thailand Agree Trade Dispute Settlement 10/20/2011 Filipino and Thai authorities have agreed to a timeframe for the implementation of a resolution following a ruling from the World Trade Organization's Dispute Settlement Board in favour of the Philippines in its action against tax and customs procedures applied in Thailand on imported cigarettes.
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Brazilian Car Import Tax Hike Concerns WTO Members 10/19/2011 Japan is said to be leading a chorus of protest at the World Trade Organization against a protectionist measure announced by Brazilian authorities in September to shield the nation's car manufacturing and car assembly industry from cheap foreign imports.
|
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Tax Breaks Announced In Trinidad And Tobago Budget 10/17/2011 The government of Trinidad and Tobago has proposed to introduce a five-year temporary corporate tax rate of 10% for companies that have sought capital-market funding through an Initial Public Offering on the Trinidad and Tobago SME Market.
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Morocco To Suspend Import Duty On Wheat 10/14/2011 The Moroccan finance ministry has announced the temporary suspension of import
duty on durum and soft wheat.
|
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Mexico Extends Tax Breaks For Export Companies 10/13/2011 Mexico’s President Felipe Calderón has announced the extension, to December 31, 2013, of the corporate tax breaks provided under the IMMEX scheme, which provides incentives for the country’s export companies.
|
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Obama Cautious On China Currency Bill 10/11/2011 While the Senate appears to have delayed momentarily a vote on the Currency Exchange
Rate Oversight Reform Act, President Barack Obama has warned its sponsors to ensure
that the legislation is consistent with the international treaties and obligations
of the United States, particularly with the World Trade Organization.
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Saint Kitts And Nevis Committed To Deficit Reduction 10/10/2011 Amid pressure to rapidly reduce the territory's debt, Denzil Douglas, the Prime Minister of Saint
Kitts and Nevis has reassured taxpayers that the government's decision to reduce the rate of stamp tax payable on transfers of land or property will not result in a loss
of revenue for the government.
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Serbian WTO Accession 'Progressing Well' 10/7/2011 World
Trade Organization members have supported an early accession of Serbia to the WTO and welcomed
its progress in the implementation of new legislation to comply with the Organization's
rules.
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ACP States Risk Losing Duty-Free Access To EU 10/7/2011 The European Commission is proposing to amend the Market Access Regulation governing the trade conditions for certain developing countries that have
negotiated, with the European Union, Economic Partnership Agreements which have yet to be signed and ratified.
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CARICOM Welcomes Progress Towards FTA With Canada 10/5/2011 Caribbean Community Secretary-General Irwin LaRocque has welcomed progress
towards the CARICOM-Canada Trade and Development Agreement, and praised Canada's
'keen and earnest approach'.
|
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US Targets China With Proposed Trade Taxes 10/6/2011 The United States Senate Finance Committee Ranking Member, Orrin Hatch, has put
forward an amendment to the bill currently being discussed that would unilaterally
address the so-called continuing undervaluation of China’s currency by providing
for the imposition of countervailing import duties.
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Brazil May Relax Car Component Tax Hike 10/5/2011 The Brazilian government may review its decision in September to hike the industrial
products tax on carmakers by up to 30%, which is aimed at shielding Brazil's vehicle
and vehicle component manufacturing industries from international competition.
|
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Brazil Cuts Fuel Tax 10/4/2011 The Brazilian government is to slash the tax imposed on the import and sale of fuel sold by the state-run fuel company Petrobras.
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China Looks At Measures To Increase Imports 10/4/2011 In a speech to China’s Import Forum 2011 in Shanghai, Zhong Shan, the Deputy
Minister of Commerce, said that the government is currently studying measures
to encourage imports, so as to provide a re-balancing of the country’s foreign
trade relationships.
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