Pakistan files dispute against EU over imports of polyethylene terephthalate

Augest 23, 2015

Pakistan has notified the WTO Secretariat of a request for consultations with the European Union regarding the imposition of countervailing measures by the EU on imports of certain polyethylene terephthalate (PET) from Pakistan and regarding certain aspects of the investigation underlying those measures.


ICC endorses UNCITRAL Convention

Augest 23, 2015

The International Chamber of Commerce has announced its endorsement of the United Nations Convention on the Assignment of Receivables in International Trade. The ICC Executive Board endorsed the Convention at its 146th World Council Session held in New York on 19-20 November 2014, upon recommendation by the ICC Banking Commission’s Executive Committee and the Legal Committee. ...


Foreign Decision: ECT on VAT

Augest 23, 2015

This decision of the European Court of Justice (“ECJ”) could have significant consequences for international groups who provide services to each other cross-border. The decision will have particular consequences for all VAT exempt or partly exempt businesses; such as those operating in the financial services sector....