Mondaq Asia Pacific: International Law
In a landmark decision for international arbitration in Australia, the High Court has affirmed that the autonomy of parties to agree the law and process under which their contractual disputes will be resolved is paramount.
When dealing with seized goods, customs powers can now result in greater protection of trade mark and copyright rights.
The Government announced a restructure to the IPC to recover the cost of all import related cargo and trade functions.
Direct trading of the Australian Dollar and the Chinese Yuan Renminbi commenced on 10 April 2013, pursuant to an agreement between the Australian Government and the People's Bank of China.
Crew reports and other customs reports must be submitted in time to avoid the risk of a potentially significant fine.
More than 40% of global M&A in 2012 involved acquirors and targets in different countries.
The export market in China has rapidly expanded over the last decade.
Differentiated FET standards are not necessary, as accountability of host states' situation is an inherent requirement.
Draft Amendments to the LCL propose stricter requirements on staffing firms in China, which are likely to be enforced.
Businesses trying to expand into China could benefit from replacing their rep. office structure with a trading WFOE.
The success rate of Chinese parties in international arbitration could be improved by addressing a few key issues.
On 19 November 2012, the State Administration of Foreign Exchange promulgated the "Notice on Further Improvement and Adjustment of Foreign Exchange Administration Policies Concerning Direct Investment".
The foes of free trade are at it again! The Council of Canadians and others on the political left are decrying the very idea that Canada and the People’s Republic of China would enter into a foreign investment protection agreement (FIPA).
Circular 59 simplifies foreign exchange procedures for foreign direct investments in China.
In this presentation, Jack Yong explores considerations and structures for entering the Chinese market.
Earlier, CICs were not necessarily required to be registered with RBI if certain specified conditions were satisfied.
The much awaited news arrived on a Friday, hopefully, ending a protracted controversy.
The World Trade Organization’s dispute settlement system has been called a major achievement of the WTO agreement.
Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010 amended to provide for procedure to revoke registration of authorized couriers.
Regulation 27 now stipulates that any API obtained under the earlier regime must be amended to comply, by 31 March 2013.
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Direct trading of the Australian Dollar and the Chinese Yuan Renminbi commenced on 10 April 2013, pursuant to an agreement between the Australian Government and the People's Bank of China.
From 1 July 2013, a new Anti-Dumping Commission will be established in Melbourne and an Anti-Dumping Commissioner will be appointed to head the new authority.
India has vast untapped potentials for foreign companies looking
for expansion/investment opportunities
The Indian Arbitration Act has accepted the territoriality principle which has been adopted in the UNCITRAL Model Law.
A number of case summaries relating to the topics of international trade, customs and tax.
The much awaited news arrived on a Friday, hopefully, ending a protracted controversy.
On 19 March 2013, the European Parliament and the European Council reached agreement on a major legislative package.
The Department of Industrial Policy & Promotion, Ministry of Commerce and Industry, Government of India has "vide" Press Note 1 of 2012 dated January 10, 2012 increased the threshold limit of Foreign Direct Investment in Single Brand Retail from 51% to 100%.
In TCL Air Conditioner Co Ltd v The Judges of the Federal Court of Australia HCA 5, the High Court of Australia, the Court at the apex of the judicial hierarchy in this jurisdiction, has unanimously rejected a constitutional challenge to the Australian domestic legislation, the International Arbitration Act 1974, that gives the force of law in Australia to, inter alia, the UNCITRAL Model Law on International Commercial Arbitration.
Crew reports and other customs reports must be submitted in time to avoid the risk of a potentially significant fine.
