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US – President continues national emergency with respect to Colombian narcotics traffickers

By 1 Min Read

On October 18, 2018, the Federal Register published Notice of October 17, 2018 – Continuation of the National Emergency With Respect to Significant Narcotics Traffickers Centered in Colombia, which extends for an additional year, the national emergency first declared on October 21, 1995 in Executive Order 12978. The national emergency is being extended because the actions of significant narcotics traffickers centered in Colombia continue to threaten the national security, foreign policy, and economy of the…

US – USTR determines trade surplus of sugar goods

By 4 Mins Read

On December 28, 2017, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice of its determination of the trade surplus in certain sugar and syrup goods and sugar containing products of Chile, Morocco, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Peru, Colombia and Panama. The level of a country’s trade surplus in these goods relates to the quantity of sugar and syrup goods and sugar-containing products for which the United States grants preferential tariff treatment under the applicable free trade agreements and trade promotion agreements. The notice is applicable on January 1, 2018.

US – DoD publishes trade agreements thresholds

By 1 Min Read

On December 28, 2017, the Defense Acquisition Regulations System, Department of Defense (DoD) published in the Federal Register a final rule [Docket DARS-2017—0017] amending the Defense Federal Acquisition Regulation Supplement (DFARS) to incorporate revised thresholds for application of the WTO Government Procurement Agreement and the Free Trade Agreements, as determined by the United States Trade Representative.  The thresholds are effective January 1, 2018.  The thresholds are shown below:

UK to start new ‘trade dialogue’ with Colombia, Ecuador and Peru

By 1 Min Read

On 27 September 2017, the UK Department for International Trade announced that the UK Government was launching a new ‘trade dialogue’ with emerging markets in South America to strengthen bilateral trade and investment relationships and to seek continuity in UK trade relationships post Brexit. According to the announcement, the dialogue will focus on the UK’s strong trade links with 3 Andean countries: Colombia, Ecuador and Peru.  In addition, the government’s export credit agency, UK Export…

USTR issues FY 2018 TRQ allocations for raw cane sugar, refined and specialty sugar and sugar-containing products

By 2 Mins Read

On July 14, 2017, the Office of the U.S. Trade Representative (USTR) published in the Federal Register a notice providing country-by-country allocations of the Fiscal Year (FY) 2018 (October 1, 2017 through Sept. 30, 2018) in-quota quantity of the tariff-rate quotas for imported raw cane sugar, certain sugars, syrups and molasses (also known as refined sugar), specialty sugar, and sugar-containing products.