CPTPP Meeting Shows Little Progress on China/Taiwan Applications
Following the Ninth Commission Meeting of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which was held in Australia, Australian Trade Minister Don Farrell was asked repeatedly about the chances for China and Taiwan to join the pact, and his deflection of the questions suggests that these applications are
Australian Trade Remedy Reform Process To Consider Transnational Subsidies
Following the lead of the EU and the U.S., Australia is considering a change to its countervailing duty laws that would allow it to target so-called "transnational" or "cross-border" subsidies, which are subsidies provided by one government to a company in another territory.
Taiwan Lifts Fukushima Food Ban as China Escalates Feud with Japan
Taiwan last week lifted its ban on Japanese food imports, a restriction that had been in place since the 2011 Fukushima disaster. The move comes as diplomatic relations between Beijing and Tokyo sour over comments by Japanese officials regarding Taiwan's status.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In international negotiations, China and the Republic of the Congo signed an early harvest agreement on trade, with China granting tariff-free treatment to goods from the African country; and China and Georgia formally concluded negotiations to upgrade their Free Trade Agreement.
Mounting
China and Congo Sign Tariff Agreement
Earlier this month, China and the Republic of the Congo signed an early harvest agreement on trade, granting tariff-free treatment to goods from the African country.
Parties Make Arguments to Commerce Department on Transnational Subsidies in Cambodian File Folder Case
In an ongoing countervailing duty investigation before the U.S. Department of Commerce, the governments of both China and Cambodia are trying to convince Commerce that WTO law and U.S. law do not allow for countervailing duties to be imposed on the basis of subsidies provided by a government
Dutch Suspend Nexperia Order, Leaving Company's Fate to Court
The Dutch government announced today that it was suspending its order targeting the Chinese-owned semiconductor company Nexperia, marking a de-escalation in the heated two-month dispute. However, the action is separate from a prevailing court ruling that restricts control over the company, leaving the underlying dispute unresolved.