Archive for the ‘News’ Category

Supply Chain

February 22, 2023

The year 2022 marked a significant turning point in the enforcement of Extended Producer Responsibility (EPR) provisions under the EU’s Single-Use Plastics Directive of 2019. For beverage manufacturers, the shift was more than just regulatory noise—it forced a deeper reckoning with supply chain transparency and accountability. Producers of plastic beverage containers, among others, now carry […]

Supply Chain

February 8, 2023

The passage of Canada’s Digital Charter Implementation Act, better known as Bill C-27, in November 2022 has stirred fresh debate among logistics professionals, legal experts, and policymakers alike. Its implications for supply-chain data privacy are only beginning to be fully digested. At its core, the legislation aims to modernize privacy law, introducing stricter standards for […]

Supply Chain

January 25, 2023

The issue of e-waste, though hardly new, has in recent years grown into something of an unavoidable topic within both regulatory and corporate circles in Japan. The 2020 Act on Promotion of Resource Recycling was designed with a clear objective: to move beyond scattered initiatives and impose a coherent framework that would drive transparency and […]

International Trade, News

January 20, 2023

The International Trade Council (ITC) takes note of the recent statements by Business Secretary Grant Shapps expressing concern that President Joe Biden’s green subsidies could potentially lead to a rise in protectionism, which could prove “dangerous” for world trade. The President’s $430bn ( £350bn) scheme, inclusive of tax credits for green technologies, is aimed at […]

Supply Chain

January 11, 2023

By the close of 2022, the first compliance reports under the US Uyghur Forced Labor Prevention Act had begun to trickle in, offering a preliminary glimpse into how importers—particularly in the apparel and textile sectors—are responding to one of the most stringent supply chain due-diligence mandates in recent memory. The UFLPA, which came into force […]

Supply Chain

December 28, 2022

With the German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz, or LkSG) set to take effect in January 2023, the final implementing regulations released in December 2022 offer long-awaited clarity for firms grappling with compliance preparations. These rules, issued after months of consultation and revision, provide more precise direction on risk-assessment thresholds, reporting requirements, and documentation […]

Supply Chain

December 14, 2022

The EU’s Corporate Sustainability Reporting Directive (CSRD) draft, which underwent public consultation during the first half of 2022, has attracted widespread attention across industries, investor circles, and civil society groups. The feedback collated and analyzed by mid-2022 presents, in some ways, a surprisingly coherent set of demands, though naturally the nuances are where things get […]

The International Trade Council commends the recent announcement of a comprehensive energy partnership between the United States and the United Kingdom. President Joe Biden and British Prime Minister Rishi Sunak unveiled the agreement, known as the U.K.-U.S. Energy Security and Affordability Partnership, with the aim of reducing global reliance on Russian energy exports, stabilizing Western […]

The International Trade Council commends the recent announcement of a comprehensive energy partnership between the United States and the United Kingdom. President Joe Biden and British Prime Minister Rishi Sunak unveiled the agreement, known as the U.K.-U.S. Energy Security and Affordability Partnership, with the aim of reducing global reliance on Russian energy exports, stabilizing Western […]

Economic Policy, News

December 7, 2022

MONTEVIDEO, Uruguay, December 7, 2022  â€” The International Trade Council addresses the tensions that arose during the recent Mercosur summit, as Uruguay expressed its desire to pursue foreign markets despite opposition from Brazil, Argentina, and Paraguay. Uruguayan President Luis Lacalle Pou highlighted the need for his country to “open up to the world,” expressing intentions […]

The International Trade Council acknowledges the persistent discussions surrounding green subsidies between the European Union and the United States at the latest Trade and Technology Council (TTC) meeting. The summit, held at the University of Maryland, marked an important step in the progression of international cooperation on economic and technological matters. EU representatives, Vice Presidents […]

Energy Security, India, News

December 5, 2022

The International Trade Council (ITC) acknowledges India’s recent indication that it will continue to prioritize its own energy needs and maintain its purchase of oil from Russia. While recognizing India’s sovereign right to make its energy choices, the ITC emphasizes the importance of considering the ongoing conflict in Ukraine and the potential consequences of supporting […]

The International Trade Council is pleased to acknowledge the ongoing efforts between the United States and the European Union to align on key issues of trade and technology. In a recent meeting of the bilateral Trade and Technology Council (TTC) near Washington DC, representatives from the two largest economies in the world reiterated their commitment […]

The International Trade Council (ITC) acknowledges the recent proposal by Mexico’s economy secretary for further talks with the United States regarding the ongoing dispute over Mexico’s energy sector. The ITC supports the commitment of both nations to engage in dialogue to resolve their differences and avoid a full-fledged trade complaint under the U.S.-Mexico-Canada trade agreement. […]