23 Jan
Chapter News

European Commission | President von der Leyen launches Global Energy Transition Forum in Davos

Today in Davos, President von der Leyen launched the Global Energy Transition Forum, together with the Executive Director of the International Energy Agency, Fatih Birol.  At COP28, the world rallied behind the targets of tripling renewable energy and doubling energy efficiency by 2030. The deadline is approaching fast.  The Forum brings together partners from across the world, from Brazil, Canada, and the Democratic Republic of the Congo, to Kenya, Peru, South Africa, the United Arab Emirates, the United Kingdom, and many others, as...

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22 Jan
Member News

GDLSK | Can First-Sale Appraisement Save Your Company $20+ Million?

Since 2018, the United States has imposed and maintained nearly $80 billion in new tariffs. Importers seeking to minimize the impact of elevated tariffs have few tools available to them. However, one such tool is the “first-sale” method of appraisement. Utilizing the first sale method of appraisement, GDLSK recently helped one client save more than $20 million. Companies in virtually any industry can take advantage of the first-sale rule and GDLSK can advise whether it can work and how it...

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22 Jan
Member News

Arendt | Luxembourg’s Blockchain Law IV: groundbreaking new options for issuing DLT securities

On 19 December 2024, Luxembourg adopted Blockchain Law IV, which has opened up significant new opportunities to use the Luxembourg DLT framework, such as expanding this framework to include unlisted equity securities and facilitating the provision of services to issuers with additional flexibility in terms of custody arrangements. These innovations aim to encourage the financial industry to make use of blockchain and DLT in Luxembourg.   1. Background In tune with its strategy of fostering innovation and digitalisation in the financial sector,...

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22 Jan
Member News, Trade & TTIP Related

Jaguar Freight | Important Update: Trump Issues Tariff Memorandum

With President Trump officially back in office, the outlook for global supply chains has started to take shape—though many questions remain. While the President’s first day did not bring any immediate tariff announcements, an official memorandum (available to view here) has been issued by the White House, detailing potential actions the United States may take under existing laws to combat what are considered unfair trade practices and other barriers to U.S. commerce. The President has instructed agency leaders to review and submit...

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22 Jan
Chapter News

European Commission | Speech by President von der Leyen at the European Parliament Plenary on the conclusions of the European Council meeting of 19 December 2024

Thank you, President Metsola, dear Roberta, Mister President of the European Council, dear António, Honourable Members, It is a pleasure to join this Plenary debate with President Costa for the first time. And I would like to start by thanking you, dear António, for the excellent cooperation between us in the first weeks of our common mandate. We are only three weeks into 2025, but the glimpse is already there of the change that is coming to global politics. We have entered...

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21 Jan
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar – Declining airfreight rates, a temporary bump in US container imports, the price of diesel, China’s economic issues, and using AI to strengthen humanitarian aid supply chains.

In an unpredictable switch, e-commerce volumes have nosedived—and airfreight rates have followed. They’ve dropped by 40% since December. This is mostly led by a mix of retail surpluses and companies front-loading ahead of threatened US tariff changes. Also pushing rates down is intense competition between Chinese carriers on China-Europe routes. European airlines are struggling with strong inbound but weaker outbound volumes. And in the UK, while the currency exchange is increasing airfreight costs, a decrease in volumes from China is...

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21 Jan
Chapter News

European Commission | Special Address by President von der Leyen at the World Economic Forum

'Check against delivery' Lieber Klaus Schwab, Liebe Karin Keller-Sutter, Your Majesties, Presidents, Prime Ministers, Excellencies, Ladies and Gentlemen, The first quarter of the century has come to an end. And it has brought about a sea-change in global affairs. This century started with great expectations. 25 years ago, the era of hyperglobalisation was nearing its peak. As supply chains went global, hundreds of millions of people were being lifted out of poverty, especially in India and China. In America, the dot-com boom was at its height, symbolising the...

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21 Jan
Chapter News

EEAS | EU Statement: Joint briefing by the Presidents of the General Assembly and the Economic and Social Council

20 January 2025, New York -- Statement on behalf of the European Union and its Member States by H.E. Ambassador Stavros Lambrinidis, Head of the Delegation of the European Union to the United Nations, at the Joint Briefing by the Presidents of the General Assembly and the the Economic and Social Council. Presidents, colleagues, I have the honour to speak on behalf of the European Union and its Member States. The Candidate Countries North Macedonia, Montenegro, Albania, Ukraine, the Republic of Moldova, Bosnia and...

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21 Jan
Chapter News

European Commission | Remarks by Commissioner Dombrovskis at the Eurogroup press conference

Thank you. Good evening, everyone.  The Eurogroup had a very useful discussion on economic policy priorities for the euro area, which showed a high degree of convergence, and alignment with the agenda of the new commission. While we have successfully navigated a period of significant challenges in recent years, demonstrating a remarkable degree of economic resilience, the euro area continues to be confronted with significant structural challenges. Productivity growth has been slow for too long in the euro area, and euro as...

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21 Jan
Chapter News, Trade & TTIP Related

DoC | Four Years of Transformation at the Department of Commerce

During her tenure as Commerce Secretary, Gina Raimondo oversaw more than $90 billion invested in targeted programs to safeguard U.S. national security, spur innovation, stimulate job creation in good-paying careers, and bolster U.S. competitiveness. Washington, D.C. — Under the Biden-Harris Administration and U.S. Secretary of Commerce Gina Raimondo’s leadership, the Department of Commerce took a new approach to economic policy to turn the agency into an engine of innovation and growth. With transformational investments to enhance U.S. competitiveness, Secretary Raimondo worked...

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