Caribbean Trade Law and Development

Tag: trade

  • US imports from Caribbean Basin Initiative beneficiaries grew in 2018

    US imports from Caribbean Basin Initiative beneficiaries grew in 2018

    The United States International Trade Commission (USITC) has released its twenty-fourth biennial report entitled “Caribbean Basin Economic Recovery Act: Impact on US Industries and Consumers and on Beneficiary Countries“.

    Seventeen Caribbean countries and territories currently benefit from duty-free access to the US market for many of their goods under the Caribbean Basin Economic Recovery Act (CBERA), one of the major pieces of legislation under the Caribbean Basin Initiative.

    The 150-page report dated September 2019 covers the period 2017-2018, but focuses mainly on data and developments from 2018.

    Below are some of the key findings from the report:

    The report found that overall, the US’ total imports from CBERA countries grew from $5.8 billion in 2017 to $6.1 billion in 2018. This translates to an increase of 4.7 percent. Turning specifically to US imports under the CBERA programme, those grew from $1.5 billion in 2017 to $1.7 billion in 2018, an increase of 9.1 percent. US imports under CBERA accounted for 27.8 percent of all imports from CBERA beneficiaries.

    It should be noted, however, that these increases were primarily due to higher U.S. imports of methanol (mainly from Trinidad & Tobago) and of textiles and apparel (mainly from Haiti).

    The report found that the CBERA’s impact on the U.S. economy “generally was negligible in 2017–18 and is likely to remain so”. According to the report, this is primarily because U.S. imports under CBERA comprise just 0.07 percent of total U.S. imports from the world.

    By contrast, the report noted that CBERA “continues to have a positive impact on a number of Caribbean Basin countries”. It singles out in particular Haiti as the “the greatest beneficiary of CBERA trade preferences in recent years” due primarily to more flexible rules of origin for apparel that country enjoys compared to other beneficiaries.

    It also found that CBERA has encouraged the development of niche product manufacturing in several other countries. The examples of polystyrene from The Bahamas and fruit juice from Belize were cited.

    The full USITC report may be read here.

    Alicia Nicholls, B.Sc., M.Sc., LL.B., is an international trade and development consultant with a keen interest in sustainable development, international law and trade. You can also read more of her commentaries and follow her on Twitter @LicyLaw.

    DISCLAIMER: All views expressed herein are her personal views and do not necessarily reflect the views of any institution or entity with which she may be affiliated from time to time.

  • Caribbean Trade & Development Digest – September 15-October 5, 2019

    Caribbean Trade & Development Digest – September 15-October 5, 2019

    Welcome to the Caribbean Trade & Development News Digest for the weeks of September 15-October 5, 2019! We are happy to bring you the major trade and development headlines and analysis from across the Caribbean Region and the world from the past weeks.

    HIGHLIGHTS

    The India-CARICOM Leaders’ Summit was held on the sidelines of the 74th session of the UN General Assembly. Read more about the meeting here.

    The WTO has cut its global trade growth forecast again. World merchandise trade volumes are now expected to rise by only 1.2% in 2019, substantially slower than the 2.6% growth forecast in April. Read the full outlook here.

    In the latest installment of the 15 year Boeing-Airbus saga between the US and the EU, a WTO arbitrator on October 2 authorised the US to impose tariffs up to $7.5 billion worth of European exports annually in retaliation for illegal government aid to Airbus. Read the full ruling here.

    With just three weeks to go before the UK is officially due to leave the EU, the UK PM Boris Johnson has made a new Brexit proposal regarding the Ireland-Northern Ireland border issue. Read the proposal here.

    REGIONAL NEWS

    India, CARICOM agree to create task force for trade, diversification

    LoopTT: The meeting concluded with a decision to create a joint India/CARICOM task force which will develop and implement concrete plans to further advance trade and facilitate diversification in the region. Read more

    No change

    Barbados Today: The UK’s Department for International Trade (DIT) in Bridgetown Barbados hosted a trade and investment reception to stimulate increased business opportunities between the UK and Caribbean markets. Read more

    Antigua and Barbados to continue talks over sale of LIAT’s shares

    Barbados Today: The Government of Antigua and Barbuda said that it intends to keep discussions going with Barbados with a view over the sale of the latter’s shares in the regional airline, LIAT, despite reports from other regional media houses that negotiations between both countries has fallen through. Read more

    Caribbean governments urged to take a collective approach to marijuana

    LoopSLU: St Vincent and the Grenadines Minister of Agriculture, Saboto Caesar is calling for Caricom and the Organisation of Eastern Caribbean States (OECS) to take a collective approach to the development of standards governing the negotiation of cannabis trade agreements for their member states. Read more

    CARICOM Sugar stakeholder engagement meeting held in Belize

    Breaking Belize News: Minister of Investment, Trade and Commerce, Tracy Panton, Minister of Agriculture, Godwin Hulse and the CARICOM Secretariat hosted sugar stakeholders from across the Caribbean Community at the Best Western Plus Biltmore Plaza in Belize City on October 2nd, 2019. Read more

    CARICOM and Central America make common cause on fish

    Breaking Belize News: The fishing communities of the Caribbean and Central America are meeting this week in Belize City to seek joint action on facing the problems affecting both. Read more

    Holness Reiterates Call For Concessionary Financing For CARICOM

    The Gleaner: Jamaica yesterday reiterated a call for concessionary financing for Caribbean Community (CARICOM) countries, saying that the present policy was severely hampering the socio-economic growth of the 15-member regional grouping. Read more

    Local Chamber of Commerce members meet with Indian High Commissioner

    Antigua Observer: On Monday 16th September 2019, a delegation of the local Chamber of Commerce held high-level discussions with the newly-appointed Indian High Commissioner to CARICOM, Dr. K.J. Srinivasa and his second in command, Mr. R.K. Perindia, on their first official visit since the High Commissioner’s recent posting. Read more

    INTERNATIONAL NEWS

    UK response to WTO ruling on Airbus

    UK.gov: The UK is confident that it has fully complied with WTO rulings in the Airbus dispute. Read more

    WTO members engage in exploratory talks on market access for environmental services

    WTO: WTO services negotiators debated market access issues relating to environmental services based on a new communication tabled by Australia, Canada, Mexico, New Zealand and Switzerland at an informal meeting of the Council for Trade in Services in Special Session held on 30 September 2019. Read more

    Brexit: We can do a deal if EU is willing – Johnson

    BBC: Boris Johnson has claimed his Brexit proposals have picked up support in Parliament as he urged the European Union to compromise. Read more

    EAEU signs free trade agreement with Singapore under Armenian chairmanship

    Emerging Europe: The Eurasian Economic Union (EAEU), the Russian-led economic alliance of Armenia, Belarus, Kazakhstan and Kyrgyzstan, has signed a free trade agreement with Singapore during the annual summit of the Supreme Eurasian Council, the organisation’s executive body in Yerevan, the Armenian press has reported. Read more

    High-level meeting in Peru takes aim at illegal wildlife trade

    CGTN: The jaguar, the largest cat in the Americas, is the emblem of a new initiative to combat the illegal trade in the continent’s wild animals. The iconic but threatened predator has a key role in the ecosystem but also tremendous cultural significance for the peoples of the Americas. Read more

    Nigeria, South Africa Seal 32 Trade Pacts

    AllAfrica: Nigeria and South Africa, yesterday, signed 32 bilateral agreements and memoranda of understanding covering trade and industry, science and technology, defence, agriculture and energy, thus expanding Africa’s deepest trade relationship. Read more

    WTO in ‘critical situation’, EU warns

    Euractiv: EU member states discussed on Tuesday (1 October) how to address the “critical situation” of the World Trade Organisation, as the US continues to block the renovation of its appellate body, key for the functioning of the institution. Read more

    STRAIGHT FROM THE WTO

    NEW ON CTLD BLOG

  • Caribbean Trade & Development Digest – September 1-7, 2019

    Caribbean Trade & Development Digest – September 1-7, 2019

    Welcome to the Caribbean Trade & Development News Digest for the weeks of September 1-7, 2019! We do apologise again for the delay in last week’s digest and are happy to bring you the major trade and development headlines and analysis from across the Caribbean Region and the world from the past two weeks.

    I will be a panelist at the upcoming 3rd annual BITT “Central Bank meets Blockchain” Conference. Learn more here!

    Statement on Hurricane Dorian

    To our readers in The Bahamas, the CTLD Blog would like to extend our extreme sadness about suffering and devastration wrought by Hurricane Dorian on the northern Bahamas, particularly the Abaco Islands and the island of Grand Bahama.

    We stand in support of our Bahamian brothers and sisters, and urge our readers to please support a reputable charity of your choice currently providing relief supplies and/or monetary donation to assist the many persons who are displaced, and to aid in the massive rebuilding effort ahead.

    We have every confidence that like the mystical phoenix, The Bahamas will rise again.

    HIGHLIGHTS

    China has requested WTO dispute consultations with the United States concerning additional duties imposed by the United States on imports of Chinese goods that took effect on 1 September.

    The Brexit chaos continues. The UK parliament has passed a bill seeking to prevent the UK Government from leaving the EU on October 31, 2019 without a deal. However, Prime Minister Johnson has indicated his intention to still seek a suspension of Parliament for 5 weeks. There is also speculation that he intends to ignore the No deal bill.

    The Caribbean has rallied around The Bahamas. A CARICOM delegation has gone to The Bahamas, please see here. Cuba has also sent doctors and teachers to The Bahamas in the aftermath.

    REGIONAL NEWS

    T&T Braces for Brexit

    Jamaica Observer: Trade Minister Paula Gopee-Scoon says the Dr Keith Rowley-led Administration is looking at bringing legislation to Parliament to enact a treaty signed between Cariforum and the United Kingdom to prevent any sudden imposition of tariffs if the UK leaves the European Union (EU). Read more

    Caribbean countries ramp up oil production

    Amsterdam News: Some Caribbean Community countries are rushing to ramp up oil and gas exploration, motivated by the runaway success Guyana has had since first discovering commercial quantities back in mid 2015. Read more

    IMF says Barbados making good progress on economic reform programme

    Barbados Today: The International Monetary Fund (IMF) says Barbados continues to make good progress in implementing its ambitious and comprehensive economic reform programme. Read more

    ‘Horror stories’ of migrant workers

    Royal Gazette: Migrant workers have shared “horror stories” claiming abuse, xenophobia, unfair discrepancies in working contracts and having their travel documents seized, according to a union leader. Read more

    Minister signs World Intellectual Property Organisation instruments

    LoopTT: Foreign and CARICOM Affairs Minister Dennis Moses signed Instruments of Accession to a Convention and three Treaties of the World Intellectual Property Organization on behalf of the country. Read more

    Cuba and South Africa strengthen bilateral relations

    Radio Havana: The 15th meeting of the Joint Consultative Mechanism South Africa-Cuba met Thursday with delegations led by Vice Ministers Alvin Botes and Marcelino Medina, coinciding with the 25th anniversary of the establishment of diplomatic relations. Read more

    Deputy PM Outlines Impact Events Like CARIFESTA Have on Federation’s Artists

    St Kitts & Nevis Observer: Deputy Prime Minister and Federal Minister of Culture, the Honourable Shawn Richards, said while appearing on the “Working for You” programme Wednesday, events such as the Caribbean Festival of Arts (CARIFESTA) have a great impact on the Federation of St. Kitts and Nevis’ artists. Read more

    INTERNATIONAL NEWS

    Brexit: MPs willing to go to court to enforce delay

    BBC: MPs, including Tories expelled from the party, are preparing legal action in case the PM refuses to seek a delay to Brexit. Read more

    RCEP Ministerial: Trade experts, economists warn that pact would hit vulnerable sectors

    Hindu Business Line: As Trade Ministers from sixteen member countries of the Regional Comprehensive Economic Partnership (RCEP) prepare to meet in Bangkok on Sunday to give a final shape to the ambitious trade and investment pact, a number of economists, trade experts and industry and farm bodies have underlined the need for India to opt out as they fear that it would hit sensitive industrial and farm sectors. Read more

    Prayut urges Asean to back micro-sized businesses

    Bangkok Post: Prime Minister Prayut Chan-o-cha has urged Asean countries to support “micro-SMEs” by keeping their owners abreast of digital technological know-how and to ensure they have access to financial resources. Read more

    U.S. Democrats concerned about enforcement of new NAFTA, Pelosi tells Trudeau

    Financial Post: U.S. House of Representatives Speaker Nancy Pelosi told Canadian Prime Minister Justin Trudeau on Tuesday that Democrats are especially concerned about enforcement of the U.S.-Mexico-Canada (USMCA) free trade agreement and Mexico’s implementation of labour standards, a spokesman for Pelosi said. Read more

    US-China trade war: Supply chains affected in Thailand

    Al jazeera: For countries like Thailand, its largest export market is China. The economy here relies heavily on its big neighbour to the north. So businesses could be forced to recalibrate their supply chains. Read more

    The US-China trade war is helping drive the massive fires burning the Amazon rainforest

    Business Insider: The Amazon rainforest is burning, and it’s sparking outrage around the world. One reason for this growing ecological tragedy may be the escalating US-China trade war. Read more

    Exclusive: New Study Says U.S. Can’t Win the Trade War and Neither Can China

    TIME: The escalating U.S.-China trade war is unwinnable by either side, according to new research shown exclusively to TIME. Read more

    WTO NEWS

    NEW ON CTLD BLOG

  • Caribbean Trade & Development News Digest – August 11 -17, 2019

    Caribbean Trade & Development News Digest – August 11 -17, 2019

    Welcome to the Caribbean Trade & Development News Digest for the week of August 11-17, 2019! We are happy to bring you the major trade and development headlines and analysis from across the Caribbean Region and the world from the past week.

    HIGHLIGHTS

    ECLAC’s Foreign Direct Investment in the Latin America and Caribbean Report 2019 revealed that while FDI to the entire LAC region increased by 13.2% in 2018 versus 2017, in the Caribbean, inflows shrank by 11.4% due to lower investment in the Dominican Republic ($2.535 billion dollars, -29%). Read the report here.

    The WTO has also reported that the growth of world merchandise trade volumes is likely to remain weak in the third quarter of 2019 according to that organization’s Goods Trade Barometer, released on 15 August. Read more

    It was announced that the UN will be hosting its first ever Trade Forum on September 9-13, 2019 and will be entitled “SDGs and Climate Change”.

    REGIONAL NEWS

    New Customs Act (2019) to promote Jamaica’s socio-economic development

    Jamaica Observer: Arising from a decision of Cabinet in 2017, the Jamaica Customs Agency (JCA) was tasked with the responsibility to develop a new legislative framework which would further promote business opportunities for Jamaica, particularly in the areas of shipping, logistics and international trade. Read more

    Eel Export Tax Jumps from 42¢ to $16.00 per kg

    Haiti Sentinel: A memorandum from the Ministry of Agriculture, Natural Resources and Rural Development (MARNDR) dated August 12, 2019 stated that “from now on, the export costs of the eels are set at 1,500 gourdes ($15.77 [USD]) per kilogram.” Read more

    Haiti and Dominican Republic Teaming Up against Cocoa Cultivation Threat

    Haiti Sentinel: Haiti and the Dominican Republic, together with representatives of the private sector of both countries, are working to define and apply a common strategy to prevent an eventual occurrence of moniliasis, a disease that attacks cocoa crops. Read more

    Green welcomes mapping of Jamaica’s cultural, creative industries

    Jamaica Observer: Minister of State in the Ministry of Industry, Commerce, Agriculture and Fisheries, Floyd Green, says the Mapping of Cultural and Creative Industries in Jamaica will increase the awareness of the island’s resources and give an accurate valuation of the industries. Read more

    Belize Minister of Investment leads delegation visit to Taiwan

    Breaking Belize News: Minister of State for Investment, Tracy Panton, and an accompanying delegation visited the Republic of China (Taiwan) this week as one of several activities commemorating the 30th anniversary of Belize and Taiwan’s diplomatic relationship. Read more

    Delays at the Port costing Barbados government

    Barbados Today: Goods imported into Barbados take four times as long as they do in neighbouring St Lucia to be cleared, the head of the Port of the Bridgetown has revealed, complaining of the cost of the delay to Government. Read more

    Belize and Republic of China (Taiwan) strengthening ties through new agreement

    Breaking Belize News: Today, the Government of Belize (GOB) and the Government of the Republic of China (Taiwan) (RoC) signed a Letter of Intent (LOI) to engage in the negotiation of a Partial Scope Agreement (PSA) geared towards formalizing trade relations between the two countries. Read more

    The Bahamas’ Ease of doing business committee satisfied with improvements

    The Nassau Guardian: Chair of the National Ease of Doing Business Committee (EODB) Lynn Holowesko said the committee is very pleased with many of the policies introduced in the 2019/2020 budget aimed at improving the business climate in the country, particularly surrounding immigration, conveyance valuations and estate planning. Read more

    Customs Fraud Fighting Initiative Launched in The Bahamas

    The Bahama Journal: The Bahamas Customs Department and Deputy Prime Minister Peter Turnquest introduced the new online portal Click2 Clear, which is designed to protect against customs fraud. Read more

    Guyana working closer with India to build solar energy capacity

    Kaieteur News: The Head of State noted that the relations between the two countries continue to be enhanced by high-level engagements between officials of both states as Guyana would have signed and ratified the Framework Agreement of the International Solar Alliance in January 2018 under his tenure. Read more

    Chastanet Meets With US Delegation

    The Voice: St Lucia Prime Minister met with representatives of the US House of Representatives. Read more

    CBU President calls for preservation of indigenous broadcasters

    RJR: President of the Caribbean Broadcasting Union (CBU), Gary Allen has expressed the need for a sincere commitment to the preservation of indigenous broadcasters in recognition of the integral role they play in social and economic development. Read more

    Sugar Association of the Caribbean wants governments to tax sugar coming outside of CARICOM

    Breaking Belize News: The Sugar Association of the Caribbean (SAC) is calling for Caribbean Community (CARICOM) nations to place Common External Tariffs (CETs) on white sugar imported from outside the region to strengthen the regional market. Read more

    EU releases food for Haiti in response to food crisis

    Jamaica Observer: The European Union (EU) has released €9 million in humanitarian aid to Haiti, in response to the deteriorating food and nutrition situation in the French-speaking Caribbean Community (Caricom) member state. Read more

    T&T Prime Minister envisions one border for region as Carifesta begins

    LoopTT: Carifesta XIV opened on Friday night with Trinidad and Tobago Prime Minister Dr Keith Rowley calling for regional unity. Read more

    Time to Fully Implement CSME

    Trinidad Guardian: If ever there was op­por­tu­ni­ty and ne­ces­si­ty for Cari­com coun­tries to ful­ly im­ple­ment the 30-year old Cari­com Sin­gle Mar­ket and Econ­o­my, the “sub­dued glob­al eco­nom­ic ac­tiv­i­ty and glob­al trade” of the present makes it the right “Time for Ac­tion.” Read more

    Caricom’s Assistant Secretary General, CSME is not a dream

    Trinidad Guardian: The CARI­COM sin­gle mar­ket and econ­o­my (CSME) and CARI­COM is not a fan­ta­sy but a con­crete sit­u­a­tion that is mov­ing for­ward. This is ac­cord­ing to CARI­COM’s As­sis­tant Sec­re­tary-Gen­er­al in the Di­rec­torate for Trade and Eco­nom­ic In­te­gra­tion, Joseph Cox. Read more

    Water Scarcity May Be New Way of Life for Caribbean, St. Kitts and Nevis Minister warns

    CARICOM: Minister of Public Infrastructure, Honourable Ian “Patches” Liburd, says that climate change related challenges such as floods, sea level rise, drought and extreme weather conditions are the new norm for the Caribbean. Read more

    INTERNATIONAL NEWS

    Ottawa announces $1.75-billion compensation for dairy farmers to offset impact of trade deals

    Financial Post: Agriculture minister says Liberals are committed to no longer cede market share in the dairy sector in future international free trade negotiations. Read more

    Australian Government releases list of items the EU wants protected in free trade deal

    News.au: Australian cheesemakers could be dealt a major blow as the European Union targets the naming rights to some of the most popular products. Read more

    Cambodia-European Union trade deal is on the chopping block

    Al Jazeera: Accusations of human rights abuse by the Cambodian government may force the end of a preferential trade agreement. Read more

    Brazil’s Guedes threatens to quit Mercosur if populist opposition wins Argentina election

    Reuters: Brazil will pull out of the Mercosur trade bloc if the opposition party wins Argentina’s presidential elections later this year and closes the economy with protectionist policies, Brazil’s Economy Minister Paulo Guedes said on Thursday. Read more

    US retailers to rely on Vietnam amidst exits from China’s textile industry

    Singapore Business Review: Vietnam’s textile sourcing rose 13% YoY in Q1 2019.Vietnam is expected to benefit the most from plans by US retailers to diversify production to other manufacturing hubs and reduce reliance on China for their textile needs, according to a Fitch Solutions report. Read more

    India’s export basket skews towards services, pulls down trade deficit

    Livemint: India’s export basket is undergoing a silent transformation, a trend that explains why the services sector, which accounts for about half of India’s gross domestic product (GDP), is doing better than other segments of the economy. Read more

    US-China trade war hits Africa’s cobalt and copper mines with 4,400 jobs expected to vanish

    South China Morning Post: The US-China trade war is partly to blame for Anglo-Swiss mining giant Glencore’s move to shut a cobalt mine in the Democratic Republic of Congo and copper mining shafts in Zambia, with the probable loss of about 4,400 jobs, analysts say. Read more

    China Makes Up US Trade War Deficit by Buying from ASEAN, Belt and Road Countries

    China Briefing: China is balancing the US trade slowdown with more bilateral trade with ASEAN and Belt and Road Initiative countries. Read more

    US-UK trade pact ‘won’t pass Congress if Good Friday deal undermined’

    Euronews: There is no chance that a trade agreement between the United States and Britain will pass Congress if Brexit undermines the Good Friday peace accord between Ireland and Northern Ireland, US House Speaker Nancy Pelosi said on Wednesday. Read more

    UK ‘first in line’ for US trade deal, says John Bolton

    BBC: The UK is “first in line” for a trade deal with the US, President Trump’s national security adviser has said. John Bolton said the US supported a no-deal Brexit and added Washington would propose an accelerated series of trade deals. Read more

    Norway Freezes Support For Amazon Fund: EU/Brazil Trade Deal At Risk? – Analysis

    Eurasia Review: Ola Elvestrun, Norway’s environment minister, announced Thursday that it is freezing its contributions to the Amazon Fund, and will no longer be transferring 300 million Norwegian Krone (US$33.2 million) to Brazil. Read more

    Nigerian Traders Seek National Assembly’s Ratification of AfCFTA Agreement

    AllAfrica: The National Association of Nigerian Traders (NANTS) has advised the National Assembly to urgently ratify the African Continental Free Trade Area (AfCFTA) agreement to ensure its speedy implementation. Read more

    Ghana is best entry point for foreign investors to Africa – Trade Minister

    Ghanaweb: Alan Kyerematen, Minister of Trade and Industry, has said that Ghana is the best entry point for foreign investors to do business in Africa because of its investor-friendly policies. Read more

    Sadc launches Business Council

    The Chronicle: Southern African Development Community (Sadc) has officially launched a new Business Council, an over-arching regional private sector platform aimed at increasing collaboration with the public sector and accelerating regional economic development and industrialisation. Read more

    Brexit: judge fast-tracks challenge to stop Johnson forcing no deal

    The Guardian: Hearing in Edinburgh to block suspension of parliament backed by more than 70 MPs. Read more

    EU’s Juncker tells Britain: no-deal Brexit will hurt you the most

    EURACTIV: A no-deal Brexit would hurt Britain more than the rest of Europe no matter how much Prime Minister Boris Johnson’s government pretends otherwise, outgoing European Commission President Jean-Claude Juncker said in remarks published on Saturday (10 August). Read more

    US and Britain discuss trade deal that could take effect on 1 November

    EURACTIV: Britain and the United States are discussing a partial trade accord that could take effect on 1 November, the day after Britain is due to leave the European Union, a senior Trump administration official said on Tuesday (13 August). Read more

    Trump threatens to pull out of WTO

    WTO: At the site of an under-construction petrochemicals plant in Monaco, Pa., for a speech Tuesday that was to be about energy policy, Trump said that the United States has been taken advantage of by WTO member states, especially China, for too long — and it was about to stop. Read more

    ‘India, China No Longer Developing Nations, Will Not Let Them Take Advantage’: Trump Flays WTO Status

    News 18: Earlier in July, Trump asked the WTO to define how it designates developing-country status, a move apparently aimed at singling out countries like China, Turkey and India which are getting lenient treatment under the global trade rules. Read more

    India’s seafood exports to EU to be hit after Vietnam-EU free trade pact

    Hindu Business Line: India’s seafood exports to the European Union is set to drop sharply this year after its biggest competitor Vietnam signed a free trade agreement (FTA) with the European Bloc in July that helps it export products to the EU without any customs duty, according to the Maharashtra region head of the seafood exporters body. Read more

    US-China trade war — The unlikely European winners

    Deutsche Welle: The imminent US tariffs on Chinese goods are expected to throw up some unexpected winners in Europe, a study shows. The gains for the European countries are only likely to increase if China chooses to retaliate. Read more

    European Commission proposes adjustments to the existing safeguards for steel

    EU: The Commission today presented a proposal for adjustments to the existing safeguard measures for steel. Read more

    South Korea hits back at Japan in WW2 dispute

    BBC: South Korea has said it will take Japan off its favoured trade partners’ list. Read more

    WTO NEWS

    NEW ON CTLD BLOG

    The Caribbean Trade & Development Digest is a weekly trade news digest produced and published by the Caribbean Trade Law & Development Blog. Liked this issue? To read past issues, please visit here. To receive these mailings directly to your inbox, please subscribe to our Blog below: