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August 9, 2010
U.S. Legislation on Foreign Manufacturer Liability Could Have Consequences for Wide Range of Companies
Proposed U.S. legislation would require all foreign manufacturers of certain products and product components to consent to be sued in U.S. courts as a condition for their goods to be imported into the United States. The bill, the Foreign Manufacturers Legal Accountability Act, may have significant consequences for foreign manufacturers and any U.S. corporate affiliates, and for U.S. importers – including U.S. manufacturers that source their components overseas.
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- Market Access and Regulatory Barriers
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May 20, 2010
FDA Proposes New Requirements for Medical Device Imports
The Food and Drug Administration (FDA) recently proposed changes to certain medical device import requirements that would impact both non-U.S. medical device manufacturers and their U.S. importers. The importation of medical devices into the United States is subject to a complex regulatory regime administered by FDA and U.S. Customs and Border Protection. Medical devices that do not meet regulatory requirements may be detained upon entry, which can result in significant business disruption. Comments on FDA’s proposed changes to the medical device import regime are due by June 24, 2010.
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March 16, 2010
U.S. Trade Negotiators Seek Public Comment on Elimination of Import Duties on Pharmaceutical Products
Over 9,000 pharmaceutical and chemical intermediates enjoy duty free treatment under the customs regime of the United States and other countries that participate in the World Trade Organization Pharmaceutical Agreement. The Office of the U.S. Trade Representative is seeking public comment on the possible expansion of the list of products subject to this reciprocal duty free treatment. Companies in the pharmaceutical industry interested in submitting comments on this issue must do so by April 9, 2010.
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March 2, 2010
The Customs Union between Russia, Kazakhstan and Belarus: How Will It Affect Your Business?
Russia, Kazakhstan and Belarus currently operate a Customs Union (CU). Since 1 January 2010, these countries apply a Common Customs Tariff. But the CU is still transitional. It will not become fully operational until 1 July 2010, when a Common Customs Code with harmonized procedures takes effect and even than there will be a transitional period for some issues.
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May 27, 2008
Farm Bill Trade Provisions Affect All Importers
On May 22, the Food, Conservation and Energy Act of 2008 (better known as the Farm Bill) was enacted into law when Congress overrode President Bush’s veto of this legislation.
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January 28, 2008
Proposal by U.S. Customs and Border Protection Likely to Increase Duties Owed by Many Companies
On January 24, 2008, U.S. Customs and Border Protection (CBP) published a proposal to interpret the phrase "sold for exportation to the United States" to mean the last sale in multi-tiered transactions involving imported goods.
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May 29, 2007
CBP Issues Import Guidance on Related-Party Transactions
The Department of Homeland Security’s U.S. Customs and Border Protection recently issued an Informed Compliance Publication directed at importers entering merchandise purchased from related parties.
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November 28, 2006
Vietnam Joins WTO
Vietnam's WTO accession, effective December 28, 2006, will create new opportunities for foreign investors in many industrial and service sectors.
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- Market Access and Regulatory Barriers
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May 15, 2006
European Union Will Not Impose Special Duties Effective May 16
On May 12, European Union Trade Commissioner Peter Mandelson applauded the repeal by the U.S. Congress of tax breaks for U.S. companies that had been found by the World Trade Organization to be inconsistent with U.S. treaty obligations.
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May 8, 2006
New Tariffs Imposed by European Union on U.S. Products
The European Commission announced that, effective May 16, it would reimpose additional customs duties of 14 percent on a wide range of U.S. products.
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April 26, 2004
FDA Seeks More Comments on BTA
On April 14th, the Food and Drug Administration published notices seeking additional public comments on its prior notice and facility registration rules that implement the requirements of the Bioterrorism Act of 2002.
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