The U.S.-India Business Council praised some aspects of the proposed Indian budget, but said that new tariffs (see 2001270016) on agricultural products, medical devices, auto parts, electronics and electric vehicles are concerning. “Both USIBC and the U.S. Chamber [of Commerce] have long maintained that tariffs raise prices for consumers and create friction with trade partners, ultimately inhibiting economic growth,” the organization said Feb. 2.
Indonesia has given its customs officials the authority to stop counterfeit goods at the border, and just in 2020, has already seized $1 billion rupiah, or $73,000, worth of counterfeits that were set for export, according to Iwan Freddy Hari Susanto, charge d'affaires for the Indonesian Embassy. He was testifying Jan. 31 at a hearing on Indonesia's eligibility for the Generalized System of Preferences benefits program, and was describing numerous actions the country has taken to improve protections for intellectual property rights holders.
An Iranian citizen who was head of a Dubai-based export company was sentenced to time served and fined $5,000 for illegally exporting gas turbine parts to Iran, the Justice Department said in a Jan. 30 press release. Mahin Mojtahedzadeh pleaded guilty to violating the International Emergency Economic Powers Act and Iran sanctions in July 2019 after using her company, ETCO-FZC, to evade U.S. sanctions against Iran (see 1907190040). Mojtahedzadeh, who has been held in custody since November 2018, will be transferred to immigration custody and be removed from the U.S., the Justice Department said.
An Iranian national faces several fraud-related charges for his involvement with a joint project with the Iranian and Venezuelan governments to violate U.S. sanctions, the Justice Department said in a Jan. 31 press release. Bahram Karimi was a member of a committee that oversaw the construction of “thousands” of housing units in Venezuela with help from Iran, the agency said. Karimi worked with others to defraud U.S. banks by hiding the role of Iranian parties in payments sent through the U.S. banking system, which violated U.S. economic sanctions. Karimi made at least 15 payments worth about $115 million. Karimi was also charged with making false statements after he was interviewed by two Federal Bureau of Investigation agents in January 2020 and said he did not know U.S. sanctions against Iran applied to Iranian companies or people. Karimi faces a maximum sentence of 30 years in prison for both conspiring to commit bank fraud and committing bank fraud. He also faces a maximum five-year prison sentence for making false statements.
The State Department sanctioned Paul Christian Makonda, the regional commissioner of Dar es Salaam, for human rights violations in Tanzania, the agency said in a Jan. 31 press release. The agency also designated his spouse Mary Felix Massenge.
As the coronavirus outbreak disrupts supply chains, U.S. agricultural exporters are unsure when normal cargo processing will resume and are concerned about penalties from ocean freight carriers, according to a Feb. 3 open letter to ocean carriers by Agriculture Transportation Coalition Executive Director Peter Friedmann.
The World Customs Organization issued the following releases on commercial trade and related matters:
The first year of the European Union-Japan Economic Partnership Agreement significantly increased U.K. meat, dairy, beverage, leather and electrical machinery exports, according to a Jan. 31 press release from the European Commission. The deal removed the “vast majority of the €1 billion in duties” on EU exports to Japan and will eventually eliminate Japanese customs duties on 97 percent of EU imports once the deal is fully implemented, the commission said. Frozen meats of bovine animals saw the biggest growth under the deal (221 percent increase in exports), followed by milk and cream (120.7 percent) and babies’ clothing and accessories (108.3 percent).
The United Kingdom’s withdrawal from the European Union will bring a “new era” for U.K. exporters, which will include new international marketing campaigns, new digital trading tools and more export opportunities, International Trade Secretary Elizabeth Truss said at a Jan. 30 reception hosted by the Department for International Trade.
The government of Canada issued the following trade-related notices as of Jan. 31 (note that some may also be given separate headlines):