Become a Member

News

Download Our Latest International Trade Reports

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

India and the United Kingdom Launch Talks on Free Trade Deal

January 14, 2022

The International Trade Council is pleased to announce the launch of negotiations between India and the United Kingdom on a free trade deal. This ambitious agreement is expected to significantly boost bilateral trade, marking one of the most notable negotiations for the UK following Brexit. British International Trade Secretary Anne-Marie Trevelyan met with India’s Minister […]

US Corporate Transparency Act (CTA, Jan 1 2022) – Beneficial Ownership and Procurement Risks

January 1, 2022

US Corporate Transparency Act (CTA, Jan 1 2022) – Beneficial Ownership and Procurement Risks

The arrival of the Corporate Transparency Act (CTA) on January 1, 2022, marks a significant new chapter in the evolving relationship between corporate governance and supply chain risk management in the United States. For years, supply chain managers, compliance officers, and procurement professionals have struggled with the thorny challenge of identifying beneficial owners lurking behind […]

Australia and the United Kingdom Sign Comprehensive Free Trade Agreement

December 20, 2021

The International Trade Council is delighted to announce the signing of a free trade agreement between Australia and the United Kingdom. The deal was signed virtually by Australian Trade Minister Dan Tehan in Adelaide and Britain’s Secretary of State for International Trade Anne-Marie Trevelyan in London. This landmark agreement will eliminate 99% of taxes on […]

EU Digital Services Act (DSA, Nov 2021) – Marketplace Liability & Supply-Chain Transparency

December 15, 2021

EU Digital Services Act (DSA, Nov 2021) – Marketplace Liability & Supply-Chain Transparency

The adoption of the EU Digital Services Act (DSA) in November 2021 represents a decisive step in redefining the responsibilities of online marketplaces, platforms, and intermediaries operating within the European Union. Set to take effect in February 2022, the DSA aims to create a safer digital environment by strengthening transparency obligations and clarifying liability for […]

Progress Amidst Challenges: Turkish Lira and the Unfaltering Commitment of President Erdogan

December 4, 2021

The International Trade Council acknowledges the efforts of the Turkish government under the leadership of President Recep Tayyip Erdogan during a period of economic transformation. These steps, taken in the face of evolving global conditions and intense inflationary pressures, attest to President Erdogan’s dedication to the economic welfare of Turkey. The Turkish lira has recently […]

Landmark deal agreed by members of the World Trade Organization (WTO)

December 2, 2021

The International Trade Council is pleased to announce a landmark deal agreed by members of the World Trade Organization (WTO) that could potentially reduce trade costs by Ã‚Â£113bn per year. Sixty-seven WTO members have agreed to cut red tape around licensing and qualifications, including the UK, the United States, EU, and China. These members represent […]

US Holding Foreign Companies Accountable Act (HFCAA, Dec 2021) – Auditing Foreign Suppliers

December 1, 2021

US Holding Foreign Companies Accountable Act (HFCAA, Dec 2021) – Auditing Foreign Suppliers

The Holding Foreign Companies Accountable Act (HFCAA), enacted in December 2021, represents a significant shift in how the United States seeks to manage transparency risks tied to foreign corporate issuers. While the law’s immediate purpose is to protect investors by requiring foreign firms listed on U.S. exchanges to submit to audit inspections by the Public […]

Australia’s National Forest Industries Plan (Oct 2021) – Wood Supply-Chain Geographic Tracking (2022)

November 15, 2021

Australia’s National Forest Industries Plan (Oct 2021) – Wood Supply-Chain Geographic Tracking (2022)

Australia’s National Forest Industries Plan, introduced in October 2021, laid the foundation for one of the most ambitious timber traceability efforts seen in recent memory. The Plan’s provisions, calling for full digital tracking of timber origins by November 2022, reflect a growing recognition of the need to balance commercial forestry with sustainability and compliance imperatives. […]

EU Regulation on Conflict Minerals (Jan 1 2021) – Early Compliance Audits (2021)

November 1, 2021

EU Regulation on Conflict Minerals (Jan 1 2021) – Early Compliance Audits (2021)

The first round of compliance audits under the EU Regulation on Conflict Minerals, introduced at the start of 2021, has begun to reveal both the strengths and shortcomings of corporate due diligence efforts across sectors. Preliminary findings from late 2021 audits suggest that while many companies—particularly large electronics OEMs—have made meaningful strides in formalizing policies […]

US National Defense Authorization Act (NDAA 2021) – Rare Earth Securing Initiatives (2021)

October 15, 2021

US National Defense Authorization Act (NDAA 2021) – Rare Earth Securing Initiatives (2021)

The 2021 National Defense Authorization Act, signed into law in early January of that year, introduced a suite of measures aimed at reshaping the strategic landscape for rare earth element supply chains in the United States. These provisions, perhaps overdue in the eyes of some policymakers, reflect growing concern in Washington over the nation’s longstanding […]

Canada’s Enhanced Due Diligence Guidance (2021) – First Implementation (2021)

October 1, 2021

Canada’s Enhanced Due Diligence Guidance (2021) – First Implementation (2021)

In June 2021, Global Affairs Canada released its enhanced due diligence guidance targeting forced labor and child labor risks in supply chains. The guidance primarily focuses on clothing and agricultural imports, given the well-documented vulnerabilities in these sectors. The guidance came at a time when the international scrutiny of Canadian importers was growing, and the […]

The EU Adopts 5 Billion-Euro Brexit Reserve to Support Businesses

September 29, 2021

The International Trade Council is pleased to announce that the European Council has approved a 5 billion-euro ($5.8 billion) reserve to help EU businesses navigate the short-term effects of Brexit. This fund aims to cover additional costs and compensate losses resulting from the United Kingdom’s withdrawal from the 27-nation trade bloc. Brexit has significantly […]

Press Release from the International Trade Council – Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

September 17, 2021

China’s recent application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been viewed as a significant development by the International Trade Council. The CPTPP was originally established by the US as a counterbalance to China’s growing influence in the Asia-Pacific region. The 2018 agreement was signed by 11 countries including Australia, […]

India’s Responsible Minerals Sourcing Guidelines (Aug 2021) – Early Supply Chain Impact

September 15, 2021

India’s Responsible Minerals Sourcing Guidelines (Aug 2021) – Early Supply Chain Impact

India’s Ministry of Mines issued its Responsible Minerals Sourcing Guidelines in August 2021, marking a significant step in the country’s effort to align its mineral procurement practices with global expectations on conflict minerals. The guidelines target the responsible sourcing of tin, tantalum, tungsten, and gold (3TG minerals), and they are already beginning to influence the […]

U.S. Executive Order 14017 (Feb 2021) – Semiconductor Supply Chain Transparency

September 1, 2021

U.S. Executive Order 14017 (Feb 2021) – Semiconductor Supply Chain Transparency

The issuance of U.S. Executive Order 14017 in February 2021 signaled a pivotal moment in national industrial policy, mandating a comprehensive review of the semiconductor supply chain to identify and mitigate vulnerabilities. In the months following the Executive Order, both foundries and original equipment manufacturers (OEMs) have been under increasing pressure to map their supplier […]

EU Taxonomy Regulation (June 2020) – Supply Chain Environmental Reporting (2021)

August 15, 2021

EU Taxonomy Regulation (June 2020) – Supply Chain Environmental Reporting (2021)

The EU Taxonomy Regulation, effective as of June 2020, introduced a transformative shift in how large corporations must categorize their economic activities with respect to sustainability. By 2021, as companies began grappling with the operational realities of compliance, supply-chain managers found themselves facing an increasingly complex landscape. The Regulation’s scope, though framed around environmental objectives […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.

About

Resources

Legal

© 2025 - International Trade Council. A Peak-Body, International, Chamber of Commerce.

Important Disclaimer: The International Trade Council is not affiliated in any way with the International Trade Centre. The International Trade Centre is a joint subsidiary organ of the United Nations (acting through UNCTAD) and the World Trade Organization. The International Trade Council is an independent peak-body chamber of commerce acting on behalf of its member businesses and governments. If you are looking for the International Trade Centre, please visit www.intracen.org.