China's GOV.cn reports that China's central bank will gradually normalize the monetary policy from its counter-crisis mode and tighten control over liquidity to maintain moderate credit growth in the coming months of this year. The central bank also said it would keep the RMB or yuan exchange rate basically stable.
The World Trade Organization reports that at the request of the parties in the dispute "U.S. Certain Country of Origin Labelling (COOL) Requirements" (DS384/DS386), the Panel has agreed to open its second substantive meeting with the parties on December 1-2, 2010 with a session open to public viewing at the WTO Headquarters in Geneva.
Mexico's Diario Oficial of November 3, 2010 lists notices from the Secretary of the Economy as follows:
The World Trade Organization reports that at a workshop on “recent analyses of the Doha Round,” economists stated that a Doha Round package on market access in all goods, and on agricultural subsidies, could add $121 billion to $202 billion to the world economy, and a “trade facilitation” deal could cut trade costs by more than the “impact of geographical distance” between countries, among other things.
The Association of Southeast Asian Nations announced that at the recent East Asian Summit (EAS), leaders extended formal invitations to the Russian Federation and the U.S. to join next year's EAS, which will expand participation from 16 to 18 countries in this ASEAN summit generally held after annual ASEAN leaders' meetings.
Mexico's Diario Oficial of November 2, 2010 lists notices from the Secretary of the Economy as follows:
The World Customs Organization reports that in WCO Secretary General Mikuriya's keynote address at the 41st annual meeting of ASAPRA (Association of Professional Customs Agents in America), he promoted the importance of Customs brokers joining forces with Customs administrations in advancing Customs modernization and in remaining visionary, relevant and indispensable to global trade. ASAPRA President Alejandro Ramos urged Customs brokers in Latin America to embrace trade facilitation enshrined in the WCO Revised Kyoto Convention and the new AEO and Single Window initiatives promoted by the WCO SAFE Framework of Standards which are in line with reform initiatives undertaken by regional Customs administrations.
The World Customs Organization reports that WCO Secretary General Mikuriya visited the headquarters of the Andean Community in Lima, Peru on October 26, 2010 to revitalize the Memorandum of Understanding on cooperation signed in 2005 between the two organizations. During the review, they identified risk management, the use of non-intrusive inspection technology and the establishment of Authorized Economic Operators (AEOs) and the single window as major priorities.
Mexico's Diario Oficial of November 1, 2010 lists notices from the Secretary of the Economy as follows:
The Canada Border Services Agency has issued a an update to remind the industry that it will strengthen its commercial importation process regarding goods that are contaminated with soil, beginning February 1, 2011.