U.S., UK seek trade pact before 2024 elections
“The outline deal set out in the papers does not contain the market access commitments required for a formal free trade agreement in the eyes of the World Trade Organization. But the proposed agreement would go much further than anything considered in public so far, with USTR proposing to deal with thorny issues like agriculture across 11 chapters which also include labor rights, the environment, supply chains, regulation of services, digital trade documents and others.”
[Politico]
U.S. allows South Korean chipmakers to indefinitely supply factories in China
“However, other companies not operating under the waiver must still obtain additional licences in order to bring high-end chipmaking equipment into China.”
[Supply Management]
CBP to resume commercial operations at U.S.-Mexico bridge
“After nearly four weeks with dedicated export lanes, CBP reported that the Cordoba-Americas Bridge would be reopened on October 10 on a 6:00 am to 2:00 pm Monday through Friday schedule. U.S. Customs continued to encourage members of the trade community to consider other nearby commercial cargo facilities located at the ports of Ysleta, Marcelino Serna (Tornillo) and Santa Teresa.”
[MexicoNow]
EU decides not to extend antitrust block exemption for liner shipping consortia
“The expiry of the CBER does not mean that cooperation between shipping lines becomes unlawful under EU antitrust rules. Instead, carriers operating to or from the EU will assess the compatibility of their co-operation agreements with EU antitrust rules based on the extensive guidance provided in the Horizontal Block Exemption Regulation and Specialisation Block Exemption Regulation.”
[European Commission]
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