The World Customs Organization Secretary General visited New Delhi on July 22 - 23 2010 to attend a dialogue session to discuss the establishment of an Authorized Economic Operator (AEO) program. Indian Customs explained its gradual approach to starting an AEO pilot project in the country. Business representatives sought clarification on the impact of the AEO program on small and medium sized enterprises which are the major component of the Indian trade sector. They expressed interest in greater participation in securing and facilitating the global trade supply chain. WCO Secretary General Mikuriya also had a series of meetings with the management team of Indian Customs to review progress in India, particularly with respect to their IT system, risk management, and performance measurement.
The Foreign Agriculture Service issued the following GAIN reports:
The National Institute of Standards and Technology posts drafts and changes to foreign technical regulations for manufactured products which may be considered technical barriers to trade and are therefore required to be reported to the World Trade Organization, which distributes the information to WTO Member countries.
The Montreal Port Authority has issued a press release announcing that the Maritime Employers Association (MEA) and its longshore labor force have reached an agreement allowing work to resume at the Port of Montreal’s terminals. According to the Port Authority, following this back to work agreement, here is the situation at the Port of Montreal:
Canad's Department of the Environment has issued a notice stating that it permits the manufacture or import of the following in accordance with the conditions listed: Formaldehyde, polymer with N1-(2-aminoethyl)-N2[2-[(2-aminoethyl)amino]ethyl]-1,2-ethanediamine, alkane bis oxymethyleneoxirane, 4,4′-(1-methylethylidene)bis[phenol] and 2,2′-[(1-methylethylidene)bis(4,1-phenyleneoxymethylene)]bis [oxirane], reaction products with Bu glycidyl ether and 1-[[2-[(2-aminoethyl)amino]ethyl]amino]-3-phenoxy-2-propanol, acetates (salts).
In the July 24, 2010 edition of the Official Journal of the European Union, the following trade-related notices were posted:
On July 21, 2010, Slovenia became a member of the Organization for Economic Cooperation and Development, pledging its full dedication to achieving OECD's aims.
In guidance documents on the European Union's import procedures, the EU reminds carriers that after January 1, 2011, the EU will require that the entry summary declaration (ENS) be filed at least 24 hours before loading in each foreign port.
China may calculate the yuan's exchange rate against a basket of currencies, instead of only against the greenback, a Chinese central bank official said July 22, 2010. The People's Bank of China, or the Central Bank, may publish the nominal effective exchange rate on a regular basis, Hu Xiaolian, deputy governor of the PBOC, said in a signed article published on the PBOC website.
The European Commission has proposed to simplify European Union law on agricultural and forestry vehicles (tractors, trailers and towed equipment) so that 50 Directives and the related implementing legislation of 27 Member States would be replaced by just five Regulations. The proposal also foresees increased safety for these vehicles.