International Trade Bulletin - Volume 1, Issue 1

Inside this issue:

• CHINA IN THE SPOTLIGHT
  • Trade Policy: The Bush Administration Has Unveiled Its "Top-to-Bottom Review" of U.S.-China Trade Policy
  • Antitrust: Growing Apprehension Over Chinese Antitrust Law
• EUROPE IN THE SPOTLIGHT
  • WTO: EU to reintroduce FSC duties on US imports
  • Customs: New Proposed EU Rules of Origin Will Impact on Sourcing in the Global Market Place
• DUTY RECOVERY : Many importers and manufacturers pay unnecessary duty on imported merchandise, either directly or as a cost of procured materials
• BILATERAL TRADE: The proposed U.S. – Korea FTA will be the most commercially significant FTA the U.S. has negotiated since NAFTA
• FOREIGN INVESTMENTS: New Indian investment rules allow foreign retailers to set up majority-owned stores in India – a high-growth market eyed by foreign retailers for years
• AIR TRANSPORT: Controversial U.S. DOT proposal to attract investment in the U.S. Airlines draws fire from both sides of the pond rather than hope for Open Skies
• SANCTIONS: The Office of Foreign Assets Control (“OFAC”) of the U.S. Department of the Treasury has issued an interim final rule outlining a new set of enforcement procedures
• NAFTA: NAFTA provisions on “regional value content” (RVC) calculation causes serious problems for related parties
• DUTY SUSPENSION: The Miscellaneous Tariff Bill (MTB) may be more relevant to your business than it sounds - at least if you are an importer of products that American factories do not produce domestically
• INTERNATIONAL IP PROTECTION: Elements of India’s new patent law which took effect in 2005 have prevented Novartis from obtaining a patent for its cancer drug “Gleevec”

Click here to view this entire issue - Crowell & Moring International Trade Bulletin, Vol. I, Issue 1