17 Dec
News, TRIA News

DFC | DFC Strengthens Strategic Partnerships with the Democratic Republic of the Congo and Rwanda to Bolster Supply Chain Security and Economic Growth

Washington, D.C. – The U.S. International Development Finance Corporation (DFC) today announced two Letters of Interest (LOIs) which will deepen strategic U.S. partnerships with the Democratic Republic of the Congo (DRC) and Rwanda to advance economic growth, strengthen supply chain resilience, and bolster mutual security and prosperity. The first LOI is focused on a proposed DFC equity investment in a joint venture between Gécamines SA, the DRC’s state-owned mining enterprise, and Mercuria Energy Trading, a leading global commodities group. The partnership...

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17 Dec
Member News, News, TRIA News

EIB | EIB Global and EU, Under the Global Gateway Initiative, Support Wind Farm Expansion in Cabo Verde

€39 million EIB loan under the Global Gateway Initiative for the expansion of a landmark renewable energy project The new wind turbines and battery system inaugurated today are part of the wind farm expansion, which is expected to generate 30% of the country’s electricity The investment will reduce the country’s dependence on imported fossil fuels and strengthen energy security Today, new wind turbines and a battery system were inaugurated in Cabo Verde, thanks to additional financing of more than...

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16 Dec
Chapter News, News

European Commission | Commission Announces Strategic Approach to Strengthen Europe’s Economic Security

Today, the European Commission and the High Representative presented a Joint Communication on strengthening Economic Security. It outlines concrete steps to reinforce the EU's strength and resilience in the face of growing external economic threats, while retaining our openness and commitment to international trade and investment. The Joint Communication builds on the Economic Security Strategy of 2023 which set the overarching economic security objectives of promoting industrial strengths, protecting European interests and partnering with like-minded countries. This Communication sets out the EU's strengthened approach to addressing risks, using all...

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16 Dec
Member News

Barnes & Thornburg | Trump Issues Executive Order on AI, Seeking to Curb State Regulation

Highlights The Trump Administration is seeking to create a uniform federal policy to promote the development of artificial intelligence. State laws that conflict with this policy may be challenged by the federal government in court or may result in the withholding of federal funding. For now, companies should assume that state AI and automated decision-making frameworks will move forward on their existing enforcement schedules despite the Order. “n a race with adversaries for supremacy…United States AI companies must be free...

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16 Dec
Chapter News, News

European Commission | Commission Takes Action for Clean and Competitive Automotive Sector

The Commission today presented the Automotive Package to support the sector's efforts in the transition to clean mobility. It sets an ambitious yet pragmatic policy framework to ensure 2050 climate neutrality and strategic independence while providing more flexibility to manufacturers. It also responds to calls by EU industry to simplify rules. The automotive sector has been key to Europe's industrial strength for decades, sustaining millions of jobs and driving technological innovation. As the world is changing, the car industry is transforming through new technologies and...

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16 Dec
Member News, Trade & TTIP Related

GDLSK | Court Rules That Liquidation Will Not Bar Importers From Recovering IEEPA Tariffs in Court Challenge

The Court of International Trade issued a decision today in the pending IEEPA litigation holding that liquidation of an entry will not bar the Court from granting refunds in the event IEEPA Tariffs are found to be unlawful by the U.S. Supreme Court in V.O.S. Selections, Inc. v. Trump, 149 F.4th 1312 (Fed. Cir. 2025), cert. granted, No. 25-250, 2025 WL 2601020 (U.S. Sept. 9, 2025).  The decision, Slip Op. 25-154 in AGS Company Automotive Solutions, et al., v. United States, No. 25-00255, concluded...

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15 Dec
Member News

IPTI | Property Tax in the News – December 2025

IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...

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15 Dec
Member News, Trade & TTIP Related

Jaguar Freight | The Weekly Roar: Do No Harm

In this week’s Roar: Record global container volumes, China warns of tariff harm, global trade resilience in 2025, dropping diesel prices, and leadership in the supply chain. Despite plummeting US imports in 2025, global container volumes set new records as China’s exports surged to new highs by redirecting cargo to Europe, Intra-Asia, and emerging markets. Trade flows didn’t sink, they shifted. US-bound shipments fell nearly 30%, but soaring exports to the EU, Australia, and ASEAN offset any loss. The result? It could...

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12 Dec
Chapter News, News

ECB | Governing Council Proposes Simplification of EU Banking Rules

Governing Council endorses recommendations of High-Level Task Force on Simplification, which include: reducing the number of elements in the risk-weighted and leverage ratio framework introducing a materially simpler prudential regime for smaller banks, which expands on the existing EU regime introducing a European governance mechanism that takes a holistic view of the overall level of capital finalising the savings and investment union – including completion of the banking union – to foster cross-border integration and allow for more efficient...

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12 Dec
Chapter News, News, Trade & TTIP Related

European Commission | EU Introduces Customs Duties on Low-Value E-Commerce Packages

The Commission welcomes today's decision by EU Member States to introduce a €3 customs duty per item on e-commerce parcels valued below €150, starting in July 2026. The new duty will help protect the competitiveness of European businesses by levelling the playing field between e-commerce and traditional retail.   Given the rapid increase in e-commerce goods being imported into the EU, the Commission and Member States have together acknowledged the need for an urgent solution, which will bridge the gap until the setting up of the EU Customs Data Hub in 2028, as part of the EU customs reform.   The Council and the Commission are working to enable the implementation of...

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