|After the UK Brexit referendum of 23 June the implications on the political, economic and legal relations between the UK and the EU have been discussed from many angles. But what about...|
The U.S.-Colombia FTA Is Now in Force, Offering Significant Benefits to Importers and Exporters
The United States-Colombia Free Trade Agreement (FTA) has now entered into force, increasing market access for U.S. goods and services in the Colombian market. President Obama signed the formal "Presidential Trade Proclamation" on May 14.
Effective May 15, 2012, the FTA eliminates duties on 80 percent of U.S. exports of consumer and industrial products to Colombia, including agricultural and construction equipment, building products, aircraft and parts, fertilizers, information technology equipment, medical scientific equipment, and wood products. In addition, according to the Office of the United States Trade Representative (USTR), the FTA provides duty-free access for more than half of all current U.S. agricultural exports to Colombia, including wheat, barley, soybeans, high-quality beef, bacon, and fruit and vegetable products.
The Department of Energy (DOE) recently published its revised Part 810 Guidance on compliance with the amended Part 810 Regulations on nuclear export controls (10 C.F.R. Part 810). The 2015 ...24 June 2016
FinCEN Designates North Korea as a Jurisdiction of Primary Money Laundering Concern, Triggering Additional Due Diligence Requirements for Financial Institutions
Pursuant to the North Korea Sanctions and Policy Enhancement Act of 2016’s requirement that the Secretary of the Treasury determine whether North Korea is a jurisdiction of...16 June 2016