China’s and Belarus’s Mutual Recognition Arrangement officially takes effect July 24, according to an unofficial translation of a notice from China’s General Administration of Customs. The arrangement will improve customs relations between the two countries, including reducing document reviews, lower inspection rates, higher inspection priorities for goods being shipped between the two countries and “fast customs clearance,” China said.
Exports to China
Vietnam’s prime minister ordered the country’s government to find ways to expand trade relations with its “key partners,” including by “removing barriers” to entry into the country of foreign investment, according to a July 15 report from Vietnam's Customs mouthpiece Customs News. At a July 13 government meeting, Prime Minister Nguyen Xuan Phuc heard reports of the country’s assessment of trade relations between Vietnam and several “big partners,” including the U.S., China, South Korea, the Association of Southeast Asian Nations and Japan. The country is aiming to “build sustainable and balanced trade relations with partners, to combat trade frauds, and fraudulence of goods origin,” the report said. The prime minister asked Vietnam’s ministries to introduce new policies related to “trade, monetary matters, finance-banking, IT and cyber security in order to match with advanced international standards,” the report said.
India is increasing import duties on certain Chinese tires for the next five years, according to a July 10 report from the Hong Kong Trade Development Council. The additional tariff will range between about 9 percent and 17.5 percent, the report said, and will cover eight tariff categories on all “China-sourced radial” tires. The tariffs will apply to “outsized tyres typically required by buses or trucks” and is aimed at helping to boost India’s domestic tire manufacturers. A 12 percent to 18 percent import levy already applied to China-made truck and bus radial tires has been in place since 2017.
The European Union is hailing the completion of a mutual recognition agreement -- in the works for five years -- that the Food and Drug Administration can rely on European inspections of their drugmakers, and vice versa. The July 11 press release framed it as one of the significant goals sought by EU President Jean-Paul Juncker and President Donald Trump when they declared in July 2018 an intention to work toward trade talks and regulatory harmonization.
The government of Canada issued the following trade-related notices as of July 12 (note that some may also be given separate headlines):
South African President Cyril Ramaphosa is backing Huawei, the Economic and Commercial Counsellor’s Office of the Chinese Embassy in the United Arab Emirates said in a July 11 press release. The press release included comments from Arthur Goldstuck of World Wide Worx, a South African market research company, who said the country has reaffirmed its commitment to buying from the Chinese tech giant. “It's very clear that Huawei has the full support of (our) government,” Goldstuck said, adding the company plays a “key role” in the South African market. He also pointed to lack of "home-grown technologies" that can ramp up quickly to 5G, so Huawei has a role to fill in the South African “engagement with the so-called 4th industrial revolution," he said.
China plans to impose sanctions on U.S. companies that sell defense products to Taiwan, China’s Foreign Ministry spokesperson Geng Shuang said July 12.
An increasing number of foreign entities are using front companies to evade restrictions placed on them after being added to the Commerce Department’s Entity List, said Kevin Kurland, director of Commerce’s Office of Enforcement Analysis.
The government of Canada issued the following trade-related notices as of July 10 (note that some may also be given separate headlines):
Vietnam is increasing customs enforcement and oversight of imported and exported “loudspeakers,” saying the speakers have recently been found to be used to smuggle drugs into the country, according to a July 9 report from Vietnam Customs' mouthpiece CustomsNews. Customs said it will increase inspections and “intensify” its screening methods of cabinet and mobile loudspeakers. The report specifically mentions speakers being imported from “targeted areas producing, trading and transporting drugs” such as China, Cambodia, Thailand, Laos, Myanmar, Afghanistan, Iran, Pakistan, South America and Africa.