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Mayer Brown Consulting, based in Asia, is pleased to bring you the latest Asia Trade Update for January–February 2015. This Newsletter contains Free Trade Agreement, regulatory and trade developments around the region.

Inside this issue:

FREE TRADE AGREEMENT DEVELOPMENTS

  • Indonesia Considering Termination of Japan-Indonesia EPA
  • FTA Negotiations between Philippines and EFTA Countries to Commence in March 2015
  • Malaysia to Re-launch FTA Negotiations with Bangladesh
  • Thailand and Pakistan Undertake FTA Feasibility Study

POLICY DEVELOPMENTS

China

  • China Simplifies Processes for Importing Used Equipment
  • China Allows Car Parallel Imports in Shanghai FTZ

Indonesia

  • MOT Mandates L/C Payment for Exports of Certain Products
  • Government to Limit Cash Outflow from Indonesia

Philippines

  • European Parliament Approves Philippine Eligibility under EU GSP Plus
  • Bills on Competition Policy Advance in Congress

Singapore

  • Singapore and the US Sign MRA Enabling Faster Customs Clearance for Certified Companies

Thailand

  • Thailand and Russia to Strengthen Bilateral Trade by 2016

Vietnam

  • MOIC Issues Guidance on License Application for Import of Radio Equipment
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