Title: INCOTERMS® 2020 Changes Rules for Buyers, Sellers and Shippers of Goods in International Trade Jurisdiction: USA / International commercial transactions Author: Barry J. Bendes Law firm: Locke Lord LLP Subject: The International Chamber of Commerce has issued INCOTERMS® 2020 (short for International Commercial Terms) to be effective January 1, 2020. INCOTERMS 2020 provides an […]
This Report provides an overview on top trade policy priorities and challenges in several WLG member jurisdictions, outlining the overall approach country-by-country on international trade and specifying concrete policy measures applied such as new tariffs, sanctions and FDI control. Finally, the WLG trade experts describe how the nature of their practice has evolved over the last two years and what further challenges they foresee down the road.
The African Continental Free Trade Agreement: A New Thrust with Endless Potentials for Intra-African and International Trade
The African Continental Free Trade Agreement (“AfCFTA”) is by far one of the most ambitious economic steps that Africa has ever taken as a Continent. The Agreement opens up doors to a market of 1.2 billion people (estimated by the African Union to increase to 2.5 billion by 2050) with a combined GDP estimated by the International Monetary Fund (“IMF”) at $2.5 trillion and a combined consumer and business spending equally estimated by the IMF at more than $4 trillion.
Significant changes are underway to Canadian trademark law and practice this year with an overhaul to legislation taking effect on June 17, 2019. Canada will accede to the Madrid Protocol, Nice Classification and Singapore Treaty, and there will be significant amendments to its Trademarks Act. These changes will impact filing, prosecution and maintenance, as well as trademark enforcement. Brand owners are advised to review their trademark portfolios and protection strategy in Canada in light of these developments. In particular, there might be significant cost savings to filing or renewing marks before the changes come into force.
Deeply affected by technological breakthroughs, the world of work is changing. Businesses must evolve at high speed to keep pace with market changes. The so-called PACTE Law*, designed to “adapt companies to the realities of the 21stcentury”, reflects these upheavals. Its credo: injecting more flexibility into the inner workings.
Since its implementation on May 25, 2019, the European Union’s General Data Protection Regulation (the “GDPR”) has become one of the primary references in matters of privacy protection and digital trust. While it is true that an adequacy decision rendered by the European Commission recognizes that Canada’s Personal Information and Electronic Documents Act (“PIPEDA”) ensures an “adequate” level of protection of personal data, it was rendered pursuant to EU Data Protection Directive 95/46/EC, which has since been replaced by the GDPR.