Tax & Accounting Blog

MERCOSUR EFTA FTA

MERCOSUR EFTA FTA

Mercosur country members[1] and the European Free Trade Association (EFTA) bloc formed by four European countries – Switzerland, Norway, Iceland and Liechtenstein, have successfully completed the exploratory dialogue and preliminary negotiations for a free trade agreement. From the Brazilian government’s point of view, this new FTA clearly promotes a significant update of its … Read More

What Does the United States’ Withdrawal from the TPP Really Mean?

What Does the United States’ Withdrawal from the TPP Really Mean?

Headlines around the world announced U.S. President Donald Trump’s formal withdrawal of the United States from the Trans-Pacific Partnership (TPP) agreement on Monday.  In a reversal of the former Obama administration’s position on the multi-lateral trade deal, President Trump signed an executive order, effectively killing the TPP for the 12 countries involved in the negotiations.  … Read More

“Make in India” – Tread The Digital Highway to Move Forward

“Make in India” – Tread The Digital Highway to Move Forward

The supply chain management challenges affecting or likely to affect “Make in India” Initiative ’Make in India’ is  defined as a vision to transform India into a global manufacturing and export hub, but it is much more than simply that. The primary objective of this initiative is to attract foreign investments and strengthen India’s manufacturing … Read More

Global Trade Trends: What Will Trump Mean for Trade?

Global Trade Trends: What Will Trump Mean for Trade?

Blog, Global Trade, ONESOURCE January 11, 2017

Words have consequences, and perhaps no words are more consequential than those of the president of the United States. The Nov. 8 election of Donald Trump, a populist whose campaign emphasized reversing the trade liberalization trend of recent decades, created instantaneous uncertainty for supply chains worldwide. Global trade liberalization will not grind to a halt … Read More

License Exception SCP (Support for the Cuban People) – Where We Are Now?

License Exception SCP (Support for the Cuban People) – Where We Are Now?

From the time President Obama revealed his new foreign policy toward Cuba on December 17, 2014, the Bureau of Industry and Security (BIS), has issued six rules in the Federal Register that have established and increasingly liberalized the export license exception SCP, i.e., section 740.21 of the Export Administration Regulations (EAR).  While the most … Read More