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Anne Petterd

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Singapore updated its strategic goods control regime on 3 August 2020 to ensure robust administration of controls and effective risk assessments, while ensuring the facilitation of legitimate trade. Key amendments include ensuring individual and bulk permit holders have access to English translations for strategic trade records kept in other languages. For bulk permit holders, expanded document categories under recordkeeping requirements and monthly reporting will apply. A new offence has also been created for failing to…

After two years of negotiations, Australia and Hong Kong signed two agreements on 26 March 2019: the Australia-Hong Kong Free Trade Agreement (AHFTA), and a new Investment Agreement (IA), replacing an initial one signed in 1993, which was the basis of the claims made in the unsuccessful challenge of Australia’s plain packaging laws in 2012-2015. Both jurisdictions have been active in FTA negotiations. This is the fourth trade deal signed by the Hong Kong government…

Effective 1 May 2019, the list of strategic goods being transshipped in or in transit in Singapore needing a strategic goods permit will be expanded. Currently, under the Strategic Goods (Control) Act (“SGCA”) strategic goods permits must be obtained when strategically controlled military and dual-use goods are being exported from, transshipped in or brought in transit in Singapore. For trade facilitation, the regime also provides strategic goods permit exemptions when certain items are transshipped or…

CPTPP, trade, entry into force, Japan, Trade WareIn the midst of the trade war between the United States and China there is an opening up of trade in Asia–the entry into force of the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) on December 30, 2018, 60 days after the date of the 6th entrant’s ratification. The members who will begin receiving CPTPP benefits beginning on December 30 are the six ratifying members: Australia, Canada, Japan, Mexico, New Zealand and Singapore.  As a result of the efforts of Japan and the other members, the landmark trade deal is taking shape and influencing the global trade landscape.  As the trade war tariffs impact investment and push supply chains out of China, the CPTPP will attract trade and provide incentives for the consolidation of supply chains in the member states and the Asia Pacific region.