The International Centre for Trade & Sustainable Development reports that 22 developing countries have tentatively agreed to reduce tariffs and other trade barriers as a means to boost trade between their countries. “Trade officials report that negotiators from 22 nations on Wednesday reached an outline agreement on a new round of concessions under the Global [...]
The chief supply officer at Levi Strauss testified in front of the House Ways & Means committee recently to encourage a stable, long-term trade preference program that encourages liberal rules of origin for raw materials and is easy for companies to utilize. From the Journal of Commerce: A successful trade preference program must be stable [...]
Simon Lester at International Economic Law and Policy Blog raises a question about the current US Trade Preference policy, based on recent comments by the USTR General Counsel Tim Reif regarding the eligibility criteria for US Trade Preference Programs: “First, the criteria were intended to and have achieved four core goals: (1) strengthened the rule [...]
“Buy American” is quite a dividing sentiment. Some believe that it fosters expansion of industry within the US. Most experts agree that this is incorrect and it’s actually too difficult to buy an “American” product as most of the items manufactured here are also created from components from other countries. And, looking back to the [...]
Nigeria and Russia have signed an agreement to encourage bilateral trade between the two countries. Specifically, they wish to increase cooperation on energy, metallurgy, oil and gas production. Also of note: During their talks, they reviewed key regional and global issues, noting that Nigeria and Russia share similar views and approaches on the issues of [...]
The European Union is negotiating a trade pact with two West African regional groups and is hoping to complete the process by October 2009. The Economic Community of West African States (ECOWAS), and the West African Economic and Monetary Union (UEMOA) encompass the entire West African region, with oil-rich Nigeria contributing to over half of [...]
Global Trade Alerts