California governor signs executive order to help tackle supply chain issues
“Additionally, today’s executive order directs state agencies to identify state-owned properties and other locations that could be available to address short-term storage needs once goods are unloaded from ships; to identify priority freight routes to be considered for a temporary exemption to current gross vehicle limits to allow for trucks to carry additional goods; and to create workforce training and education programs.”
[Office of the Governor]
Blacklisted suppliers net billions in U.S. tech licenses
“The Commerce Department said that the release of an ‘arbitrary snapshot’ of license approvals ‘risks politicizing the licensing process and misrepresenting the national security determinations’ made by the government. It also stressed that approved license applications do not represent actual shipments and around half of all licenses are used.”
[Asia Times]
Korea, Philippines strike free trade deal
“South Korea has an FTA with ASEAN but has sought to also clinch separate free trade deals with ASEAN nations, particularly after launching the New Southern Policy in 2017 aimed at deepening diplomatic and economic cooperation with the regional bloc.”
[The Korea Times]
Cambodia signs FTA with South Korea
“Under the deal, initially agreed in February, Cambodia will lift tariffs on 93.8 percent of products and South Korea will remove them on 95.6 percent of imports from the Kingdom … The agreement will enter into force 60 days after both sides inform each other of the completion of internal ratification procedures.”
[Khmer Times]
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