The U.S. will take ownership of a North Korean cargo ship after it violated U.S. sanctions and United Nations Security Council resolutions, the Justice Department said in an Oct. 21 press release. The U.S. originally seized the ship, the “Wise Honest,” after it transported coal and “heavy machinery” to and from North Korea and used U.S. banks for various transactions (see 1905090030). “This order of forfeiture sinks the Wise Honest’s career as one of North Korea’s largest sanctions-busting vessels,” Assistant Attorney General for National Security John Demers said in a statement, adding that the agency “will continue to pursue other property used to violate U.S. and international sanctions.”
The government of Canada issued the following trade-related notices as of Oct. 21 (note that some may also be given separate headlines):
A recently upgraded China-Singapore free trade agreement represents China's attempt to diversify its trading relationships as the U.S.-China trade war continues, according to an Oct. 21 post from Dezan Shira & Associates. The upgraded agreement, which took effect Oct. 16, expands cooperation on rules of origin, customs procedures, trade remedies and more, the post said. “China is actively diversifying its economic relationships with new and old partners and strengthening cooperation with Belt and Road countries, including Singapore,” the law firm said. The agreement will lead to “improved trade and investment ties” between the two countries, according to the post.
The Commerce Department's Bureau of Industry and Security is amending the Export Administration Regulations to further restrict exports and re-exports to Cuba, BIS said in a notice. The amendments change BIS licensing policies and exceptions for certain aircrafts and vessels, establish a 10 percent de minimis level for Cuba, make the Cuban government ineligible for certain donations and clarify the scope of unlicensed telecommunication items the Cuban government can receive. The Office of Information and Regulatory Affairs recently said it completed its review of the rule (see 1910150041)
RANCHO MIRAGE, Calif. -- CBP hopes to have a fully functioning electronic export manifest system up and running by the end of year, said Jim Swanson, CBP director-cargo and security controls, at the Western Cargo Conference (WESCCON) on Oct. 11. Specifically, Swanson is eyeing a “November time frame” for the ocean, air and rail modes, with truck coming at a later date after CBP completes its work on rebuilding the inbound manifest system for that mode, he said.
The World Trade Organization will collaborate with the International Trade Centre and the World Customs Organization on the rules of origin database tool that the ITC and the WCO announced last year, the ITC said in a news release. The Rules of Origin Facilitator is a free online tool meant to help companies figure out the rules of origin that are part of trade agreements around the world. "With the WTO on board we will be able to make this invaluable digital tool available to more enterprises in developing countries and ensure greater transparency in trade," ITC Deputy Executive Director Dorothy Tembo said.
China and Mauritius signed a trade deal that will eliminate or reduce tariffs on a range of products and increase “economic cooperation,” China’s Ministry of Commerce said in an Oct. 17 press release, according to an unofficial translation. The deal will eliminate certain tariffs, reduce others below 15 percent and will include agreements on rules of origin, trade remedies, technical barriers to trade and "sanitary and phytosanitary issues," China said. The agreement will also expand Chinese exports of steel, tariffs and other “light industrial products” while allowing more sugar imports from Mauritius.
Mexican officials presented a letter from President Andres Manuel Lopez Obrador to House Ways & Means Chairman Richard Neal Oct. 17 that he is asking the national legislature and state legislatures to increase what they are spending on labor reform in the coming year, including an additional $18.8 million for federal labor courts, $18 million for local conciliation center, $13.5 million for local labor courts and $10 million for training, public education and verification related to the new contracts. The federal government will provide a property worth $23 million to the new labor center, he said,
In the Oct. 11-16 editions of the Official Journal of the European Union the following trade-related notices were posted:
The government of Canada issued the following trade-related notices as of Oct. 16 (note that some may also be given separate headlines):