Compliance News / Compliance

Stories to Track in 2014

Trade Restrictions Advance, Despite Agreements

December 26, 2013

TPP and TTIP Frictions Continue: Two of the largest multilateral trade agreements in history, the Trans Pacific Partnership and the Transatlantic Trade and Investment Partnership are still being negotiated.  American agricultural interests are concerned about Japan’s protectionist stance and reportedly may oppose the TPP unless the playing field levels. In Europe, chief TTIP negotiator Garcia Bercero emphasized in December, "TTIP is not and will not be a deregulation agenda." Neither side, he says, will lower their standards or limit their autonomy, although European negotiators plan to begin working with their American counterparts by March 2014 on wording of provisions to make it easier to comply with each other’s rules, and when drafting new rules.

Keystone XL Pipeline Likely: TransCanada CEO Russ Girling says he is “100 percent” confident the Keystone XL pipeline will be approved. The final environmental review is expected to be released by the U.S. State Department within the next few weeks.

GMOs Labeling to be debated in Congress: Both houses of Congress have pending genetically-modified organisms (GMO) labeling legislations, and Senator Dianne Feinstein (D.- Calif.) is urging President Obama to issue an Executive Order requiring foods containing genetically-modified ingredients to require them to be labeled as such. Food producers are considering voluntary legislation.

WTO Tackles Doha: Fresh from Bali and its first big win in years, the WTO is eager to gain General Council adoption by July 31, 2014 and to conclude the Doha Round, which has been stalled since 2006. Director General Roberto Azevêdo plans to deliver a work program for Doha by December 2014.

Trade Restrictions Grow: During the past six months, the WTO has identified 116 measure enacted by G-20 nations that restrict, or have the potential to restrict trade. The measures are detailed in the Report on G-20 Trade Measures, released December 18.

 NSA Surveillance Keeps on Giving: Given the trade snafus already emanating from Edward Snowden’s revelations about the extent of governmental spying, news that he has released only five percent of the documents is likely to foul international trade for years to come. Watch trade reports noting the willingness to deal with American companies. 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

KC SmartPort Momentum

Kansas City SmartPort Momentum 2013 focused on 3PLs, the issues facing the industry, and the role or logistics in economic development

Podcasts

 

Calculating a true landed cost for global sourcing directly correlates with the profitability of purchased goods. However, few companies can command real-time visibility in to all the costs involved for cross border movements. In this podcast, World Trade 100 and Amber Road highlight how a comprehensive global trade platform that converges both logistics and compliance costs can deliver true landed cost visibility.

 

Speaker: Hung Lee, Senior Product Manager, Amber Road

More Podcasts

World Trade 100 Magazine

april cover wt100 2014

2014 April

Check out the April 2014 edition of World Trade WT100, featuring articles on fueling changes for trucking plus much more!

Table Of Contents Subscribe

Supply Chain Disruptions

Which are the most common causes of disruptions in your supply chain?
View Results Poll Archive

WT100 STORE

world-class-warehousing.gif
World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Use our interactive maps to locate service providers across North America.Interactive Map

Logistics Development Partners 

IWLA Members

STAY CONNECTED