E-Flash No. 103 - 14 August 2015

1.        Have you registered? – 2015 FIATA World Congress right around the corner

The World Congress, set to kick off on September 8th in Chinese Taipei, is sure to attract high level speakers, in-depth discussions and infuse action from our industry. Hurry to take advantage of the standard price set to expire on Aug 30th and be a part of this historic moment by easily registering online at http://www.fiata2015.org/Registration.

For any questions about visas or hotels, please do not hesitate to contact the friendly member (ops(at)fiata2015.org or registration(at)fiata2015.org) at FIATA World Congress 2015 Organizing Committee who are graciously hosting the event this year.

2.        EU Agrees Free Trade Deal With Vietnam

On 4 August 2015, the EU and Vietnam reached an agreement in principle for a free trade deal. Negotiations for an ambitious and comprehensive FTA were launched in June 2012 with a view to ensuring an effective environment for trade and investment relations.

The EU and Vietnam still need to settle remaining technical issues and finalise the legal text. Once finalised, the agreement will need to be approved by the Council and the Parliament. The agreement will contain a legally binding link to the Partnership and Cooperation Agreement (PCA) that governs the overall relationship between the EU and Vietnam. To read more please visit: http://ec.europa.eu/trade/policy/countries-and-regions/countries/vietnam/

3.        IATA CEIV Directory

With the aim to help industry comply with the ACC3 regulations, IATA has developed the Centre of Excellence Independent Validators (CEIV) database for RA3 and KC3. The CEIV Directory provides a central repository of RA3s and KC3s, who have been accredited according Reg. EU185/2010.

The access to the IATA CEIV Directory is a complimentary service offered to: EU accredited Independent Validators, ACC3s, Regulated Agents and Known Consignors. The visibility of independently validated RA3s and KC3s transporting cargo into the Europe from third countries is ensured. The CEIV Directory may also offer assurance to carriers that their customers are compliant with EU legislation.

For further information, please visit the CEIV webpage or contact: IATA CEIV (ceiv(at)iata.org).

4.        Niger, first LDC and 12th member to ratify WTO Trade Facilitation Agreement

Niger has become the twelfth WTO member and the first LDC (Least developed country) to ratify the new Trade Facilitation Agreement (TFA). Niger’s ambassador, Ado Elhadji Abou, presented the instrument of acceptance of the TFA to the Director-General, Roberto Azevêdo on August 6th.

The TFA will only enter into force once two-thirds of the WTO membership has formally accepted the Agreement. To read more please visit: https://www.wto.org/english/news_e/news15_e/fac_06aug15_e.htm

5.        Stronger partnerships essential for robust deliverables on TFA implementation

The International Chamber of Commerce (ICC) joins forces with the World Bank and the United Nations (UN) on ratification and implementation of the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA). During its annual meeting in Geneva, the Global Facilitation Partnership for Transportation and Trade (GFP) identified private sector engagement as vital for effective implementation of the agreement.

Fostering private sector participation to facilitate practical feedback is instrumental to ensure government solutions fit practical needs and enhance trade flows rather than being burdensome for businesses. To read more please visit: http://www.iccwbo.org/News/Articles/2015/Stronger-partnerships-essential-for-robust-deliverables-on-TFA-implementation/

6.        UNCTAD and TradeMark East Africa strengthen Collaboration

Joakim Reiter, Deputy Secretary-General of UNCTAD and Frank Matsaert, Chief Executive Officer of TradeMark East Africa signed a Memorandum of Understanding on 1 July 2015. TradeMark East Africa (TMEA) is a not for profit organization which promotes regional trade and economic integration in East Africa.

This new MoU strengthens the collaboration and lays out a framework for future work in an area of mutual concern: inclusive and sustainable growth and development through economic integration. To read more please visit: http://unctad.org/en/PublicationsLibrary/webdtltlb2015d2_en.pdf  

7.        UN SDSN Launches New Platform on Indicator Report Framework

The SDSN has released an interactive website for its report Indicators and a Monitoring Framework for Sustainable Development Goals: Launching a data revolution for the SDGs.

Through the platform, visitors can easily view the proposed list of 100 Global Monitoring Indicators (GMI) and map them to the 17 goals and 169 targets. The platform also helps to illustrate interlinkages, demonstrating how individual indicators can cut across multiple goals and targets. For a look at the platform please visit: http://indicators.report/?utm_source=SDSN&utm_campaign=7afa2f3a9f-SDSN_indicators_site&utm_medium=email&utm_term=0_2302100059-7afa2f3a9f-177950833

8.        UN/CEFACT Recommendation 40 Text Approved

The aim of this Recommendation is to advise governments and the business community on how to approach effective consultations that will be flexible, transparent, fair, accountable and participatory. Recommendation 40 adds to the 35 trade facilitation recommendations and standards developed by UN/CEFACT that support the implementation of trade facilitation measures at the national, regional and global levels.

To read about the approved recommendation please visit: http://www.unece.org/fileadmin/DAM/cefact/cf_plenary/plenary15/ECE_TRADE_C_CEFACT_2015_9_Rev1E_Rec40_RevFinal.pdf

9.        UN DESA Estimate World population projected to reach 9.7 billion by 2050

Published by UN DESA’s Population Division, the 2015 Revision of World Population Prospects reveals that the global population is projected to reach 9.7 billion by 2050.

This comprehensive review of worldwide demographic trends and future prospects is essential for assessing the degree of progress made in achieving the Millennium Development Goals (MDGs) and to guide policies aimed at achieving the new post-2015 development agenda, which Member States will adopt this September. To read the full report please visit: http://www.un.org/en/development/desa/population/events/other/10/index.shtml

10.     Global provider launches largest China-focussed logistics infrastructure fund

Global Logistics Properties (GLP), a global provider of logistics facilities, has launched the largest China-focussed logistics infrastructure fund so far. According to a statement by GLP, seven global institutions including some of the world’s largest national pension and sovereign wealth funds, are investing alongside GLP to develop modern logistics facilities in China.

GLP said the investors have committed $3.7 billion, which together with leverage can enable an investment capacity of $7 billion to develop 13 million square meters, or 140 million square feet, over four years.GLP China is the manager and holds a 56% stake in the fund. To read more please visit: http://www.asiaasset.com/news/GLPChinafund_da2207.aspx


14 August 2015

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