Commerce Ministry Asks Azerbaijan Government to Remove Non-Tariff Barriers Imposed on Indian Pharmaceutical Companies

The Union Commerce Ministry of India has asked the Azerbaijan government to remove the non-tariff barriers, like non-registration of Indian pharma products, that are coming in the way of Indian pharmaceutical companies from exporting their products to this oil-rich country, which was part of former Soviet Union. Learn more about the benefits to come from removing such barriers by reading?Commerce Ministry Asks Azerbaijan Government to Remove Non-Tariff Barriers Imposed on Indian Pharmaceutical Companies. Click here

Japan Not Ready yet to Pass Non-Tariff Barrier Test: EU Trade Chief

The European Union?s Trade Commissioner Karel De Gucht recently stated that Japan still has work to do in tearing down non-tariff barriers faced by European Union companies ahead of a decisive review of EU-Japan trade talks next April.? Learn more about the trade negotiations between Japan and EU and the creation of a level regulatory playing field by reading?Japan Not Ready yet to Pass Non-Tariff Barrier Test: EU trade chief.?Click here

Regulatory Protectionism: A Hidden Threat to Free Trade

This paper uses a number of recent examples of protectionist regulations to show that the enemies of regulatory protectionism are transparency and vigilance. Policymakers should be skeptical of regulatory proposals backed by the target domestic industry and of proposals that lack a plausible theory of market failure. These are red flags that the proposal is the product of privilege-seeking special interests disguised as altruistic consumer advocates. To read more Click here

Liberalization or Litigation? Time to Rethink the International Investment Regime

The United States is in the process of negotiating investment rules in several of its trade initiatives and is also considering new investment treaties. This recent activity in the area of investment rules provides an opportunity for reevaluation.? This full evaluation is available in Liberalization or Litigation? Time to Rethink the International Investment Regime at http://www.cato.org/publications/policy-analysis/liberalization-or-litigation-time-rethink-international-investment. The current rules are not well calibrated to liberalizing foreign investment. Instead of offering a simple and direct policy of liberalization, they incorporate vague legal principles that provide numerous opportunities for litigation, and in doing so they undermine the more basic principle of treating foreign and domestic investment equally. If international rules are to be used at all in this area, a focus on nondiscrimination, and a more flexible legal framework, would be preferable to the existing system. To read more Click here.

American Agriculture, GMOs and Europe

One of the largest challenges in the TTIP negotiations is the dispute over Genetically Modified Organisms.? Yet recently a report by the European Academies Science Advisory Council stated that studies linking GMO?s to adverse effects are based on ?contested science.?? This could therefore be the time for the US agricultural industry to lobby the United States government over the TTIP, and to work towards changing European perceptions of GMO?s. Click here

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