International Trade and Customs
Meet the Co-chairs - TAG-SP
Scopelitis, Garvin, Light, Hanson & Feary, P.C
International Trade and Customs
Author: David Daws; Blake Morgan
The UK government has announced a sweeping cabin ban on laptops and tablets on inbound flights from six countries, following a similar move by the US on Monday.
The British ban affects both domestic and foreign airlines, including British Airways, Turkish Airlines, Egypt Air, Royal Jordanian, and others.
It is far too early to discern the extent of any change to the relationship between the U.S. and Mexico in the face of the oft-repeated insistence of the Trump campaign to “renegotiate” NAFTA, a promise that was reiterated once Mr. Trump was sworn into office. Following a prickly meeting last month between President Trump and Mexican President Enrique Peña Nieto, accounts from Mexico report the government as having started consultations with its business community, a process described as taking 90 days. The results of those consultations and how they might impact any further discussions with the U.S. remain to be seen. Similarly, President Trump and Canadian Prime Minister Justin Trudeau also met last month, but under somewhat more cordial circumstances. Again, next steps with Canada remain an open question. However, the overarching theme is the oft-repeated promise from the Trump Administration that a border tax will be imposed. While nothing concrete has been proposed to date, how such a border tax might work has understandably caused varying levels of concern among American companies. Given there is nothing concrete to examine, in this Alert, we seek to provide a brief explanation of the concepts being bandied about.
The Supreme Court has today ruled that Parliament must vote on whether the government can start the Brexit process. Here, Robert Levy, Executive Partner for Kuits, offers his comments:
“The Supreme Court’s decision today confirming that Parliament must approve the triggering of Article 50 by the UK Government confirms what most lawyers (with the notable exception of the Government’s own lawyers) believed to be the likely outcome of the Appeal.
By: Bama Djokonugroho (Senior Associate) & Stefanny O. Simorangkir (Associate)
In December 2016, the Minister of Transportation issued Regulation No. 146 of 2016 regarding Sea Port Operations (“MR 146/2016”) which amended Minister of Transportation Regulation No. 51 of 2015 (“MR 51/2015”) regulating the same matter.
MR 146/2016 provided several notable changes particularly regarding minimum capital requirements for a port business entity, business license requirements and the application procedure to obtain a business license of port business entity, as well as specific requirements for the stipulation of Port for International Trade.
In the last 5 years, Malta’s economy has gone from strength to strength. Last year saw a GDP growth rate of 6.2% and this year, credit agency Standard and Poor’s upgraded it’s rating from BBB+ to A-, the first change in over 20 years. New figures released by the EU Commission this week show an encouraging and positive forecast for the next two years with GDP growth predicted at 4.1% for 2016 and 3.7% in 2017 and 2018. The annual growth rate of 2015 was 6.2% and although the % is slightly decreasing, the country’s economy will remain as one of the fastest growing in the Eurozone.
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