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Stay Updated with the Latest News from the International Trade Council and Our Members

China’s New Supply Chain Security Laws Reshape Global Trade Amid Diversification Push

April 10, 2026

Jessica Jumaway

China has enacted its first comprehensive regulations on industrial and supply chain security, effective immediately from April 7, 2026. These regulations are seen as a strategic response to increasing global supply chain decoupling pressures and foreign regulatory constraints on China-related business activities. The move elevates safeguarding China’s industrial and supply chains to a national security […]

Nigeria Drives Trade Competitiveness with Sweeping Customs Reforms, Bolstered by Global Facilitation Efforts

April 10, 2026

Daisy

The Nigeria Customs Service (NCS), in a strategic partnership with the Presidential Enabling Business Environment Council (PEBEC), has unveiled a comprehensive, results-driven reform agenda aimed at significantly enhancing operational efficiency and bolstering trade competitiveness within Nigeria’s ports. This initiative, launched at a three-day operational workshop in Apapa, Lagos, is built upon five critical pillars: implementing […]

OFAC Intensifies Sanctions Evasion Scrutiny, DOJ Shifts Focus to Trade Compliance

April 8, 2026

Jessica Jumaway

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has issued a significant advisory, “Guidance on Sham Transactions and Sanctions Evasion,” to address the growing risk of sanctions evasion through deceptive practices. This guidance, published on March 31, 2026, and highlighted by ST&R: International Trade Law & Policy and Akin Gump, aims to help […]

U.S. Administration Hails ‘Liberation Day’ Successes, Citing Trade Deficit Reduction and New Deals

April 8, 2026

Jessica Jumaway

The U.S. Trade Representative’s office and the White House have marked the one-year anniversary of ‘Liberation Day,’ highlighting what they describe as the significant achievements of President Trump’s trade program. The administration asserts that its trade policies have successfully protected American workers, generated new revenue, encouraged fairer trade deals, and accelerated the return of manufacturing […]

Global Trade Forges Ahead with New Free Trade Pacts Amidst U.S. Tariff Stance

April 8, 2026

Jessica Jumaway

One year after the Trump administration’s implementation of significant tariff policies, countries across the globe are actively pursuing new trade agreements characterized by lower tariffs and increased certainty for businesses. This global shift sees nations adapting to new trade realities by forging alliances and reducing trade barriers among themselves, often without the participation of the […]

UK Exporters Face Mandatory French VAT Registration Amidst Incoterms DDP Shift

April 8, 2026

Jessica Jumaway

UK exporters leveraging Delivered Duty Paid (DDP) Incoterms for shipments routed through France are facing significant operational and compliance shifts beginning January 1, 2026. Recent developments in French fiscal legislation are set to fundamentally reshape how these shipments are managed, necessitating proactive preparation from businesses, according to Crowe UK. The core of these changes revolves […]

Vietnam Clarifies Corporate Income Tax for Foreign Firms in Export Supply Chains

April 7, 2026

Daisy

Vietnam’s Ministry of Finance has introduced significant new guidance on corporate income tax (CIT) that will impact both domestic and foreign enterprises operating within the country, effective from the 2025 tax period. Issued on March 12, 2026, Circular 20/2026/TT-BTC provides critical regulatory updates, according to Viet An Law. These changes are particularly noteworthy for international […]

Netherlands Pioneers Electronic Bills of Lading, Bolstering Trade Efficiency and Security

April 7, 2026

Daisy

In a significant move poised to enhance the efficiency and security of global trade, the Netherlands has officially adopted a new law recognizing electronic bills of lading (eBLs). This legislative development, reported by Trade Finance Global on April 2, 2026, marks a crucial step towards modernizing shipping documentation and reducing the long-standing reliance on paper-based […]

China Unveils Upgraded Investment Guide to Stabilize FDI in Strategic Sectors and Regions

April 7, 2026

Jessica Jumaway

In a strategic move to stabilize and guide foreign investment, China has unveiled an updated 2025 Catalogue for Encouraged Industries for Foreign Investment. This revised catalogue, announced on April 3, 2026, clearly signals Beijing’s policy inclination towards attracting capital into advanced manufacturing, modern services, high-tech industries, and sectors focused on energy conservation and environmental protection. […]

AI Revolutionizes Trade Compliance Amidst Evolving Tariffs and Export Controls

April 7, 2026

Jessica Jumaway

Global trade is grappling with a paradox: while digital tools offer unprecedented efficiency, the regulatory environment is becoming increasingly complex, fragmented, and unpredictable due to geopolitical tensions, export controls, sanctions, and tariffs. In response, artificial intelligence (AI) is rapidly transforming trade compliance, moving it from a reactive ‘firefighting’ approach to proactive ‘foresight’. AI-driven solutions are […]

New Infrastructure and Commodity Demands Reshape Global Freight Arteries from Asia to the Americas

March 19, 2026

Jessica Jumaway

A wave of major infrastructure projects and shifting commodity flows are set to fundamentally alter key trade routes, promising to enhance logistics efficiency and reshape supply chains across the globe. In Asia, China's new Pinglu Canal has entered the equipment commissioning phase, according to CCTV News. The 134.2-kilometer waterway will create a direct river-sea link [...]

Spain’s COFIDES Commits €150 Million to Renewable Energy Platform with UK and Australian Partners

March 19, 2026

Jessica Jumaway

Spain's state-owned development finance institution, COFIDES, announced on March 17, 2026, a commitment of up to €150 million to a cutting-edge renewable energy platform. The investment, made through Spain's Co-investment Fund (FOCO), represents a significant joint effort with UK-based infrastructure investor Equitix and an unnamed Australian institutional investor.   The platform will focus on developing, [...]

Diverging Fortunes: China and Vietnam Attract High-Tech FDI as Pakistan’s Inflows Plummet

March 19, 2026

Jessica Jumaway

A stark divergence in foreign direct investment (FDI) is reshaping the Asian economic landscape in early 2026, with nations like China and Vietnam successfully attracting a wave of high-tech capital while others, such as Pakistan, face a steep decline in foreign inflows. This trend highlights a strategic pivot by global investors towards markets with advanced [...]

EU Revives Stalled Trade Talks with U.S. and Australia, Employing New Safeguards and High-Level Diplomacy

March 19, 2026

Jessica Jumaway

The European Union is making a renewed push to advance long-stalled trade agreements with two key global partners, the United States and Australia, employing creative safeguards and high-level diplomacy to overcome previous roadblocks.   In a significant development, the European Parliament's International Trade Committee is set to vote this week on a revived trade agreement [...]
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