- The text discusses various developments in international trade and export control measures.
- The United States has introduced new human rights and export control measures, while the UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
- The European Union has proposed significant reforms to its customs union, while Belgium has adopted a law requiring payment service providers to keep detailed records of online transactions.
- Finally, China has initiated a trade barrier investigation involving over 2,000 categories of Chinese products in Taiwan.
- The text also directs readers to a sanctions blog for updates on measures against Russia.
Source Baker & McKenzie
Latest Posts in "World"
- VAT Concepts Explained: Chain Transactions/Triangulation
- UN Sets 2026-28 VAT Roadmap: Focus on Digital, Fraud, Disputes, Financial Innovation, and Regressivity
- Recent global VAT Rate Changes Announced or Adopted Through Legislative Measures
- Navigating Sales Tax Compliance for Precious Metals: State Rules, Exemptions, and Software Challenges
- VAT Challenges for Tax Teams in Usage-Based Billing and System Design
