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With nations including China, the United States, Israel, and others dominating early deliveries, the WHO fears scant remaining vaccine stockpiles could leave 92 lower- and lower-middle-income nations out in the cold when it comes to vaccinating their medical workers in the COVAX program’s initial round.
A bill seeking to address the initial non-exemption of vaccine imports from duties, taxes, and has been filed in the House of Representatives.
Muntinlupa Representative Rufino B. Biazon filed House Bill (HB) No. 8375, represents a proposed amendment to Section No. 4 of Republic Act No. 11469, or the Bayanihan to Heal as Act (Bayanihan I).
In relation to our recent insights
Brexit: A First Look at UK-Mexico Trade Continuity
Agreement s Relevant Issues, the Governments of Mexico
and the United Kingdom have informed that although their internal
ratification procedures have not yet been completed, they both have
established transitional mechanisms to maintain, beginning as of
January 1, 2021, preferential tariff treatment in accordance with
the following:
The Government of the United Kingdom
will provisionally apply the Agreement, maintaining preferential
tariff treatment to Mexican imports.
As per the Government of Mexico,
United Kingdom imports will be subject to Most Favored Nation (MFN)
rates, however, a transitional mechanism will be established to
Japanese car maker Nissan is ceasing its assembly operations in the Philippines due to weaker sales amid the global economic downturn caused by the COVID-19 pandemic, the Department of Trade and Industry (DTI) said Thursday.
Published January 21, 2021, 1:00 PM
Nissan today announced it will stop production in the Philippines effective March 2021, putting an end to its lone completely knocked down assembly for passenger car model Almera to ensure efficient business operations in the ASEAN region
“Nissan in the Philippines, together with its vehicle assembly partner, Univation Motor Philippines, Inc. (UMPI), have made the decision to cease production operations for the Nissan Almera in the Santa Rosa plant in the Philippines, effective March 2021,” said the company statement.
Photo credit: https://www.nissan.ph/vehicles/new/almera.html
The decision has been made following the expiration of the assembly contract between Nissan Philippines, Inc. (NPI) and UMPI. An estimated 133 employees, who will be affected by the plant closure, will be provided their benefits and assistance during the transition period.
Nissan closing assembly plant Louella Desiderio
MANILA, Philippines Nissan Philippines Inc. (NPI) is halting assembly operations for the Almera sedan in its Laguna plant by March in line with a global plan to optimize operations in Southeast Asia.
In a letter dated Jan.20 to Trade Secretary Ramon Lopez, NPI president and managing director Atsushi Najima said the company “made the decision to cease production operations for the Nissan Almera at the Santa Rosa plant effective March 2021.”
The decision was made following the expiration of the assembly contract between NPI and vehicle assembly partner Univation Motor Philippines Inc.
The move is also aligned with the firm’s plan to optimize production and operations in Southeast Asia.