The heads of the World Trade Organization and the World Customs Organization penned a Memorandum of Understanding on Jan. 21 to boost cooperation on "customs-related matters," the WTO announced. The organizations agreed to identify opportunities to collaborate in "external fora" and on the "delivery of technical assistance and capacity building in areas of common interest, including the implementation of grants provided through the Trade Facilitation Agreement Facility." The two organizations also agreed to share information in "areas of common interests," including on the development of the Harmonized System tracker and tariff classification. The groups pledged to harmonize work on the transposition of the HS, including through sharing information on projects and activities to combat illegal trade.
Jacob Kopnick
Jacob Kopnick, Associate Editor, is a reporter for Trade Law Daily and its sister publications Export Compliance Daily and International Trade Today. He joined the Warren Communications News team in early 2021 covering a wide range of topics including trade-related court cases and export issues in Europe and Asia. Jacob's background is in trade policy, having spent time with both CSIS and USTR researching international trade and its complexities. Jacob is a graduate of the University of Michigan with a B.A. in Public Policy.
The EU has requested consultations at the World Trade Organization as the first step in contesting Chinese practices pertaining to intellectual property rights, the European Commission announced on Jan. 19. The commission alleged that China has "empowered its courts to set binding worldwide royalty rates for EU standard essential patents, without the consent of the patent owner."
The Pentagon defended its decision to designate Chinese lidar company Hesai Technology as a Chinese military company, filing a cross-motion for judgment in Hesai's case against its designation at the U.S. District Court for the District of Columbia (see 2412110023). DOD said substantial evidence backs its finding that Hesai is a "military-civil fusion contributor to the Chinese defense industrial base," arguing that Hesai failed to appreciate that the "combined weight" of all the evidence supports the designation (Hesai Technology Co. v. United States, D.D.C. # 24-01381).
A new U.K. general license issued Jan. 14 allows certain people and entities to "make funds available" to sanctioned parties to pay for food and beverages, medicines and medical products, and personal and household products. The license, issued by the U.K.'s Office of Financial Sanctions Implementation, authorizes those transactions for up to two months after the party was sanctioned, and the payments can't exceed about $426 per month. The license doesn't apply to certain sanctioned parties, including those designated under a counter-terrorism regime or by the U.N. It takes effect Jan. 15.
A World Trade Organization dispute panel on Jan. 10 delivered a mixed ruling in Indonesia's dispute against various measures imposed by the EU and its member states on palm oil and oil palm crop-based biofuels from Indonesia. The European Commission touted the ruling as a win, declaring in a press release that the panel "confirmed the overall WTO compatibility" of its "Renewable Energy Directive" legal framework.
DOJ entered into a deal to send around $52.88 million in forfeited assets to Nigeria "in recognition of Nigeria's assistance" in an investigation into corruption in the Nigerian oil industry, DOJ announced.
An indictment was unsealed on Jan. 7 charging three Russian nationals for their role in a scheme to operate the "cryptocurrency mixing services" Blender.io and Sinbad.io, both of which have been sanctioned by the Office of Foreign Assets Control, DOJ announced.
The U.K. on. Jan. 9 amended the sanctions listing for transportation company Zapchasttrade LLP under its Russia sanctions regime, the Office of Financial Sanctions Implementation announced. OFSI updated the company's business regulation number.
India and Madagascar recently launched new safeguard investigations, the nations told the World Trade Organization's Committee on Safeguards. India opened a proceeding on non-alloy and alloy steel flat products. Madagascar opened an investigation on tomato products. India said interested parties had 15 days from Dec. 19 to make their views heard. Madagascar gave parties until Jan. 21 to make themselves known.
China opened a safeguard investigation on the meat of bovine animals, the World Trade Organization announced. China told the WTO's Committee on Safeguards that it opened the investigation on Dec. 27 and that interested parties have 20 days from Dec. 27 to say if they wish to take part in the proceeding.