Foreign Laws News Today

Canadian exporters in various sectors sometimes face barriers created by foreign laws, regulations or their interpretation. The vast majority of impediments take the form of product regulatory requirements such as product labelling or technical specifications, and for agricultural products such as meats and grains, food safety rules. These barriers may be contrary to the importing countrys obligations under international trade agreements, particularly where they vary from internationally- accept...

Whether there will be any VAT payable on the sale of an aircraft is determined by its physical location at the point of sale. If the aircraft is physically located in Ireland at the time...

As the Trump Administration wound down, the President, through Executive Orders, and the State, Treasury, and Commerce Departments, through…

The growing economic and political tension between the U.S. and China has placed multinationals with operations in China in a tenuous position – comply with U.S. sanctions laws, and in return...

In Short The Development: Chinas Ministry of Commerce ("MOFCOM") released Rules on Counteracting Unjustified Extra-Territorial Application of Foreign Laws and Other Measures ("Rules") on January 9, 2021. Effective immediately, the 16-article Rules are aimed at safeguarding Chinas national sovereignty, security, and development interests, and protecting the legitimate rights and interests of Chinese citizens, legal persons, and other organizations ("Chinese Persons"). The Significance: Follow...

China hits back at foreign sanctions, prohibits firms from complying with international laws Updated Jan 10, 2021 | 07:53 IST Analysts said that the new measures would squeeze multinational companies between duelling compliance regimes, with firms wondering whether they should choose sides. Representational image&nbsp | &nbspPhoto Credit:&nbspPTI Beijing, China: China on Saturday issued a new order prohibiting firms from complying with foreign laws that ban transactions ...