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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 […]

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 […]

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 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 […]

The European Union has reached a landmark agreement on the Union Customs Code (UCC) reform, signaling a significant overhaul of its customs system designed to modernize trade processes and enhance compliance. The reform introduces a new decentralized EU agency, the EU Customs Authority, which will be headquartered in Lille, France. This authority will oversee an […]

April 7, 2026

Daisy

Incoterms

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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 […]

April 7, 2026

Daisy

Incoterms, Supply Chain, Vietnam

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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 […]

April 7, 2026

Daisy

Letters of Credit

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Bangladesh’s commercial banks are currently grappling with significant hurdles in facilitating Letters of Credit (LCs) for imports, a situation primarily driven by a sharp decline in the nation’s foreign exchange reserves. This challenge is further compounded by recent downgrades in Bangladesh’s credit ratings from prominent international agencies, including Moody’s, S&P, and Fitch Ratings, according to […]

April 7, 2026

Daisy

Netherlands, News, Trade

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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 […]

The United Kingdom government has unveiled stringent new steel trade measures, set to take effect on July 1, 2026, which will profoundly alter the landscape for steel imports. The new regulations will limit tariff-free steel imports by reducing overall quota volumes by a substantial 60% compared to current safeguard measures. Imports that exceed these revised […]

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. […]

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 […]

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 [...]

March 19, 2026

Jessica Jumaway

Energy Trade, News, Spain

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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, [...]

March 19, 2026

Jessica Jumaway

News

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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 [...]

March 19, 2026

Jessica Jumaway

News

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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 [...]