The U.S. Council for International Business has announced that it will be holding seminars on the new incoterms (Incoterms® 2010) that are to take effect on January 1, 2011.

Xinhuanet.com reported on August 7, 2010, that exports of traditional Chinese medicine (TCM) in the global market were valued at 1.46 billion U.S. dollars, according to Wang Guoqiang, director of the State Administration of TCM. Wang, also vice minister of the health ministry, said the number of countries and regions which recognize the advantages and special features of TCM in treating modern diseases were on the rise and many countries were seeking cooperation with China on TCM.Traditional Chinese medicines are mostly mixtures of a number of ingredients or medical plants such as herbs, which makes them much more difficult to explain and analyze in a quantitative sense than western drugs.

According to July 15, 2010 remarks by Chairman Wasescha of the World Trade Organization Negotiating Group on Market Access, a revised version of a textile labeling proposal sponsored by the U.S., European Community, Mauritius, and Sri Lanka is being drafted and is expected soon.

Thw World Trade Organization announces a meeting on the dispute "U.S. - Certain Country of Origin Labelling (COOL) Requirements" (DS384/DS386) on September 14-16 2010 with a session open to public viewing at the International Conference Centre in Geneva.

In the August 10, 2010 edition of the Official Journal of the European Union, the following trade-related notices were posted:

Japan's Ministry of Economy, Trade and Industry is announcing that on September 9, 2010, it will host the Asia-Pacific Economic Cooperation (APEC) IP Symposium. At the APEC IP Symposium - Innovating IP Exploitation, experts in the APEC region will engage in multifaceted lectures and discussions regarding new ways to effectively enhance IP rights.

Canada's Department of Foreign Affairs and International Trade is seeking the views of Canadians by September 28, 2010 on the scope of possible free trade negotiations between Canada and Turkey. In October 2009, Turkey first indicated its interest in pursuing a free trade agreement with Canada. Canadian and Turkish officials met informally in Ottawa in February 2010 to better understand their respective interests in possible free trade negotiations.

GOV.cn reports that on August 9, 2010, a Chinese commerce official called for creating indigenous brands to reduce China's trade deficit in intellectual property. At the Intellectual Property Rights Summit in Beijing, Ministry of Commerce official Wu Guohua noted China spends a large amount of funds on foreign intellectual property every year, adding that it is an imperative China create indigenous brands. In 2009, China's services trade deficit stood at 29.6 billion U.S. dollars -- 1.6 times the 2008 level -- of which 10.6 billion U.S. dollars was royalties and licensing fees payments to foreign companies.

On August 6, 2010, GOV.cn reported that preferential electricity rates granted by 22 provincial governments for high energy-consuming businesses have been totally scrapped. All energy-intensive enterprises must be subject to the new power tariff surcharges introduced in May, said the National Development and Reform Commission in a statement posted on its website. The news comes three days after Chinese statistics authorities said China's consumption of energy relative to economic output rose in the first half by 0.09 percent from the same period last year. "This points to the difficulty of the country reaching its target of improving energy efficiency by 20 percent between 2005 and 2010," said Li Zuojun, researcher of energy policies at the Development Research Center of the State Council.

In the August 7, 2010 edition of the Official Journal of the European Union, the following trade-related notice was posted: