Library of Congress

Law Library of Congress

The Library of Congress > Law Library > News & Events > Global Legal Monitor

Iceland/European Union: Reduction in Import Duties, Increase in Quotas for Agricultural Products

(Oct. 20, 2015) On September 17, 2015, Iceland’s government and the European Union agreed on new terms for agricultural trade. (Press Release, EU and Iceland Strike Deal to Protect Geographical Indications and Enhance Trade for Agricultural and Food Products (Sept. 18, 2015) EUROPA.) Under the new agreement, Iceland will reduce the tariffs on agricultural products […]

Vietnam: New Trade Agreement with Eurasia Economic Union

(June 16, 2015) On May 29, 2015, Vietnam signed a Free Trade Agreement (FTA) with Kyrgyzstan and the Eurasian Economic Union (EAEU), which officially comprises Armenia, Belarus, Kazakhstan, and Russia. The agreement was concluded in Kazakhstan and followed eight formal negotiation sessions, in addition to a number of other meetings. It is the first such […]

Haiti; Mexico: Presidents Discuss Bilateral Cooperation

(May 13, 2014) As part of the Mexico-CARICOM Summit and the Sixth Summit of the Association of the Caribbean States, held in the city of Mérida, Mexico, on April 30, 2014, Mexican President Enrique Peña Nieto had a working meeting with his counterpart from Haiti, Michel Martelly, in which they followed up on the bilateral […]

Japan: Promotion of Investment in Overseas Infrastructure Projects

(May 5, 2014) Japan’s Overseas Transport and City Development Support Service Stock Corporation Act was promulgated on April 18, 2014. (Act No. 24 of 2014. The text of the bill that became the act without change is available on the Ministry of Land, Infrastructure and Transport (MLIT) website [in Japanese).) This Act aims to promote […]

Canada; Mexico: Reaffirmation of and Agreement to Strengthen Ties

(Feb. 24, 2014) During Canadian Prime Minister Stephen Harper’s official visit to Mexico from February 17 to 19, 2014, in the context of the celebration of 70 years of diplomatic relations between Canada and Mexico, he and Mexican President Enrique Peña Nieto agreed on the importance of deepening and strengthening the relationship between the two […]

Curacao: New Export Regime in Place as Old One Is Being Grandfathered

(Jan. 22, 2014) Curaçao instituted a new export regime on January 1, 2014. The country’s Parliament approved the regime, which is designed to support companies involved in international trade in goods or services, on December 16, 2013. Applicable to companies that derive 90% or more of their profits from such goods and services, the regime […]

European Union: New Rules on the Generalized System of Preferences

(Jan. 16, 2014) On January 1, 2015, a revised Generalized System of Preferences (GSP) came into force in the European Union. The GSP, originally established in 1971, basically determines which countries will pay less or no duty when exporting their products to the EU. (European Commission, Memo, Revised EU Trade Scheme to Help Developing Countries […]

Economic Community of West African States: Single Customs Tariff Agreement

(Nov. 15, 2013) On October 25, 2013, the nations of the Economic Community of West African States (ECOWAS), a 15-country regional cooperative bloc, agreed to establish a single customs tariff system. (ECOWAS Member States, ECOWAS website (last visited Nov. 8, 2013); West African Bloc Moves Further Towards Regional Economic Integration, ALLAFRICA.COM (Oct. 26, 2013).) According […]

Cuba; Mexico: Relationship Re-Launched, Agreements Signed

(Nov. 8, 2013) The foreign secretaries of Mexico and Cuba announced the re-launch of relations between the two countries and the strengthening of trade, financial, and other cooperation agreements. The Secretary of Foreign Relations of Mexico, José Antonio Meade, said Mexico will maintain a high-level political dialogue with Cuba and foster a closer relationship in […]

Mexico: Secretary of the Economy Calls for Second Phase of Integration of NAFTA

(Oct. 31, 2013) According to the news agency Notimex, the Mexican Secretary of the Economy, Ildefonso Guajardo, stressed the importance of updating and modernizing trade agreements, in order to leave behind the regional vision, reflected in the North American Free Trade Agreement (NAFTA), and make way for a global vision. He stated during the 11th Mexico […]