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Brazil’s much-publicized proposal on to move forward the long-stalled World Trade Organization agriculture negotiations appears to be another casualty of WTO members’ inability to find consensus, said people familiar with the developments.
Brazil appears to have pulled out all the stops trying to secure support from key countries like the United States, the European Union, China and farm offensive and defensive countries, in an effort to ensure its passage at the WTO’s General Council meeting earlier this week.
Financial Crimes Enforcement Network (FinCEN) issued a notice to customers of financial institutions about reporting beneficial ownership information.
U.S. Customs and Border Protection’s Office of Trade and the USDA is hosting a webinar on Wednesday, August 21, 2024, at 2:00 p.m. ET titled Lacey Act and Phase VII Implementation.
The webinar will provide an overview of the Lacey Act, describe the 2008 amendments to the act covering plants and plant products and their requirements, and provide the latest updates on Phase VII of the Import Declaration Implementation Schedule.
House China hawks introduced legislation aimed at "ensuring transparency into the material and systemic risk posed by US investment in and reliance on China."
The PRC Risk Transparency Act will require public companies with "meaningful exposure' to China to disclose what percentage of their revenue, profit, capital investment and supply chain is tied to the PRC. It also will require these companies to disclose their relationships with the Chinese Communist Party and with companies identified by the US government as national security threats or human rights violators.
A bipartisan group of House lawmakers, including the chairman and ranking member of the House Select Committee on China, unveiled legislation yesterday creating a new structure within the US government to prosecute international trade crimes.
This bill would direct DOJ to establish a new structure dedicated to prosecuting nternational trade crimes in order to enhance US capabilities for detecting, investigating and prosecuting trade fraud, duty evasion, transshipment and other trade-related crimes.
The United States is asking Mexico to review whether workers at a Chinese-owned manufacturing facility located in Mexico are being denied worker rights. The request, under the US-Mexico-Canada Agreement’s rapid response labor mechanism, seeks information on whether workers at the Impro Industries Mexico, S. de R.L. de C.V. facility in the city of Villa de Reyes in the State of San Luis Potosí, Mexico, are being denied the right to freedom of association and collective bargaining.
Impro is a Hong-Kong based maker of cast and machined component parts for use in the aerospace, energy, medical, automotive, and agricultural industries,. Impro’s 'Phase One' Project features a 1,200,000 square feet facility, 45km south of the San Luis Potosi International Airport.
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