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Customs Duties
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LED Demand in ASEAN Estimated at $1.5 Billion
Oct 19, 2015Demand for LED lighting in six main member countries of ASEAN (Association of Southeast Asian Nations) in 2015 is estimated at US$1.5 billion, accounting for 31.3% of total market value of US$4.8 billion for all types of lighting, according ...
Tags: LED lighting, LED products
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Trans-Pacific Partnership Negotiation Completed
Oct 15, 2015On October 4, 2015, Ministers of the 12 Trans-Pacific Partnership (TPP) countries announced conclusion of their negotiations. The summary of the TPP Agreement is as follows: Disclaimer: The Following Summary of the Trans-Pacific ...
Tags: goods, services, trad, investment
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Vietnam and EU Have Agreed in Principle on a Trade and Investment Agreement
Aug 6, 2015Vietnam and EU have agreed in principle on a trade and investment agreement, the most ambitious and comprehensive free trade agreement (FTA) that the EU has ever concluded with a developing country, the European Commission said on its ...
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African Families Prefer Chinese Brands
Apr 20, 2015Whether they are in the lounge, in the kitchen or elsewhere in their homes, Africans are now being given a front-row view of how their world, and the world of trade, is changing. Their guides are the appliances they use to make their ...
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Canada Tariffs Free
Apr 7, 2015Imports into Canada from Myanmar will now enjoy tariff free status after the Canadian government restored the country’s General Preferential Tariff (GPT) and Least Developed Country Tariff (LDCT). Myanmar’s eligibility for GPT ...
Tags: GPT, trading patterns, Apparel
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a Survey by The Economist Reveals That Asian Women Are Increasingly Empowered Financially
Dec 23, 2014The European Parliament has completed the last stage in the process to grant the Philippines Generalised System of Preferences Plus (GSP+) that will provide duty free entry to the EU for some of the most important Philippine exports, ...
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China Keeps Rebar Export Tax Unchanged
Dec 22, 2014China's Ministry of Finance issued its customs duties implementation plan for 2015 on December 17, with the duties in question to become effective as of January 1, 2015. Accordingly, China's export tariffs for pig iron, semi-finished ...
Tags: pig iron, semi-finished steel, wire rod, Metallurgy
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China to Reduce Import Tariffs of Camera Lenses in 2015
Dec 18, 2014The Finance Ministry announced it would lower import tariffs on some goods including camera lens from January 1 to support industrial development and to refine the trade mix. The ministry said applocable imports included manufacturing ...
Tags: Import Tariffs, Camera Lenses
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Pakistan Textile Exporting Industry Has Received a Bonanza From The Government
Aug 29, 2014The Pakistan textile exporting industry has received a bonanza from the government in the form of a duty drawback on customs duty paid on import of raw materials used in manufacture of textile products meant for export. Through a ...
Tags: Pakistan Textile, Import, Textile
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About 98 Percent of The Customs Duties Will Be Removed by a Proposal Backed by The EU
Apr 4, 2014The European Parliament has announced that about 98 percent of the customs duties that Ukrainian iron, steel, farm produce and machinery exporters pay at EU borders will be removed by a proposal backed by the European Parliament on ...
Tags: Customs Duty, EU
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Textiles and Apparel From Ukraine Are Likely to Get Tariff Exemption in The EU Market
Mar 24, 2014Textiles and apparel from Ukraine are likely to get tariff exemption in the EU market from as early as May this year, as the International Trade Committee of the European Parliament has backed a plan to remove tariffs on imports from ...
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In 2013, Kyrgyzstan Produced Textiles and Garments Valued at 7.6 Billion Soms
Feb 28, 2014In 2013, Kyrgyzstan produced textiles and garments valued at 7.6 billion soms, according to the Ministry of Energy and Industry. Segment-wise, the textile production was 1.206 billion soms, while clothing accounted for 6.394 billion ...
Tags: Kyrgyz Textile, Apparel Output, Textile
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Tariffs on Some 760 Imported Commodities Will Be Lowered by an Average of 60 Percent
Dec 13, 2013China will adjust some of its customs duties on Jan. 1, 2014 to aid economic restructuring and achieve balanced trade growth, the Ministry of Finance said on Wednesday. Tariffs on some 760 imported commodities will be lowered by an ...
Tags: Customs Duties, Tariffs
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The Trade Barriers Between The European Union and Guatemala Have Been Lifted
Dec 10, 2013The trade barriers between the European Union and Guatemala, have been lifted with effect from December 1, 2013, which effectively means that the whole region of Central America can now benefit from the EU–Central America Association ...
Tags: trade barriers, Textile
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TGI Was Granted The FTZ Giving TGI The Ability to Defer, Reduce Customs Duties on Products
Nov 4, 2013Tire Group International (TGI) LLC announced that on Sep. 9, 2013 it was granted the Foreign Trade Zone (FTZ) 281-4 status giving TGI the ability to defer, reduce and eliminate customs duties on products brought into its U.S. distribution ...
Tags: TGI, Auto Parts
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