Starting in 2021, Egypt and the UK are exchanging goods according to a new Association Agreement; this was signed in early December 2020. The agreement replaces the Egypt-EU Association Agreement that previously governed relations between the two countries, but had to be discarded with the exit of the UK from the EU.
In the absence of such an agreement, both parties would have reverted to Most Favoured Nation (MFN) terms of trade, she said, explaining that this would have meant that Egypt would have imposed an average of 19 per cent tariffs on goods imported from the UK while the UK would have imposed an average 5.7 per cent tariffs. The UK is one of Egypt’s major trading partners, with total bilateral trade in 2019 reaching 3.6 billion pounds sterling. UK exports to Egypt accounted for 2.3 billion pounds sterling.
Regulation Update: Cosmetics and Ingredients in China, Indonesia, South Korea and Thailand February 2, 2021 Contact Author Rachel Grabenhofer
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France and China made recent headlines when a French beauty federation announced it was the first EU country to bystep China s animal testing mandate to import ordinary cosmetics into the country. This stirred new hope that the region would end the animal testing requirement for cosmetics though regulators underlined that products must meet stringent requirements for approval (read on for details).
This is one of several examples of recent changes in Asian policies for cosmetic products and ingredients. From testing and labeling to ingredient approvals and restrictions, China, Indonesia, South Korea and Thailand have been especially busy writing rules and regulations. Following is an overview just within the past month (from December 2020 to Feb. 1, 2021). All reports are according to the Asia-Pacific reg
South Holland could be welcoming Dutch businesses to area if talks come to fruition
| Updated: 17:39, 01 February 2021
Dutch businesses could be investing in South Holland if new talks come to fruition.
Officers from South Holland District Council are working with the Department of International Trade in the Netherlands to promote the area.
Last year Lincolnshire was chosen as a High Potential Opportunity scheme by the British Department for International Trade to attract overseas investment into agrifood automation and robotics projects and businesses in Greater Lincolnshire, including the Holbeach Food Enterprise Zone.
South Holland District Council
A district council spokesperson said: âAs a council we are always proactively working to attract new businesses and opportunities to the district to help support and grow its economy.
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TORONTO, Jan. 27, 2021 /PRNewswire/ - Bennett Jones has been appointed to the UK Government s new Trade Law Panel together with Linklaters LLP. The appointment follows an open and competitive international procurement process.
The Trade Law Panel was established to assist the UK government in international trade disputes at the WTO and in connection with disputes brought under the UK s trade and investment treaties. Prior to the UK s exit from the European Union, the UK was represented in such matters by the EU. Our appointment reflects our extensive experience in WTO dispute settlement as well as our deep expertise in international investment litigation, said Darrel Pearson, head of Bennett Jones International Trade and Investment Team.
Dike Onwuamaeze
A panel of experts has called for a stronger collaboration between the United Kingdom and Africa on mass access to electricity and infrastructure-led recovery from the catastrophic impact of the COVID-19.
The panel stated that renewable energy would be a critical driver of Africa’s post COVID-19 recovery and economic prosperity, and called for a stronger partnership between the United Kingdom and Africa.
A statement issued by the Communication and External Relations Department of the African Development Bank (AfDB) and signed by Mr. Emeka Anuforo, stated that the panelists who brainstormed during the 2021 UK-Africa Investment Summit with the theme, “UK & Africa: Partnering in Sustainable and Resilient Infrastructure Development,” declared that investment in large-scale electrification projects would be key to African economies’ recovery.