Latest news

Updated policies and business rights in Portugal

Updated policies and business rights in Portugal

27/02/2022
There are two forms of business that foreign investors doing business in Portugal often use: a joint stock company (SA) or a limited liability company (LDA). The procedure for setting up a business usually lasts for about 1 month. The minimum capital contribution for SA is €50,000 and LDA is €5,000. Portuguese law does not provide for a...
Read more →
Characteristics and market development trends for some typical products in Laos

Characteristics and market development trends for some typical products in Laos

25/02/2022
Laos' economy is heavily dependent on capital-intensive natural resource exports. The economy has benefited from high foreign direct investment in hydropower dams along the Mekong River, copper and gold mining, logging and construction, although some projects in these industries have been criticized for their impact on the environment.
Read more →
Characteristics and market development trends for some typical products in Romania

Characteristics and market development trends for some typical products in Romania

21/02/2022
Romania's main export products include: Machinery, chemicals, metals, textiles and footwear, agricultural products. The main export markets are southern European countries, Germany, Hungary, Moldavia. Romania's main imported products include Germany, Italy, Hungary. The main import markets are the EU countries (such as Germany, Italy, Hungary) and...
Read more →
Updated policies and business rights in Laos

Updated policies and business rights in Laos

20/02/2022
Laos' import tax system aims to boost imports of inputs for investment and production, while protecting domestic production and limiting luxury imports. Some foreign investment items do not have to pay import duties on imports of machinery and equipment for production. Moreover, in some special economic zones, input materials are not subject to...
Read more →
Updated policies and business rights in Sweden

Updated policies and business rights in Sweden

20/02/2022
Since Sweden became an EU member in 1995, the system of rules on import tariffs has been completely harmonized with the European Union's import tariff system. Taxes on imports into Sweden are mainly taxes on prices (as a percentage of the price of goods). In addition, some food and agricultural goods such as beef and dairy products are subject to...
Read more →
Updated policies and business rights in Romania

Updated policies and business rights in Romania

19/02/2022
As a member of the European Union (EU) in 2007, Romania will implement and benefit from trade agreements between the EU and its partners, namely: The EU's Generalized System of Preferences (GSP) aims to eliminate import duties on goods imported into the EU from developing countries; Euro-Mediterranean Partnership Agreement; Partnership agreements...
Read more →
Laos' non-tariff measures and other trade regulations

Laos' non-tariff measures and other trade regulations

16/02/2022
The Lao government has simplified the tariff structure and is gradually revising non-tariff barriers. Laos places top priority on trade facilitation and was one of the earliest countries to ratify the WTO's Trade Facilitation Agreement.
Read more →
Swedish non-tariff measures and other trade regulations

Swedish non-tariff measures and other trade regulations

14/02/2022
Currently, Sweden's labeling regulations are in line with general EU regulations. Sweden does not require imports to have the name of the country of origin listed on the label. However, goods with the wrong name of origin are prohibited. For some items, for example pharmaceuticals, chemicals, food goods, special regulations and labeling...
Read more →
EVFTA commitments on import and export of goods between Vietnam and Germany

EVFTA commitments on import and export of goods between Vietnam and Germany

13/02/2022
As a new-generation, high-standard Free Trade Agreement (FTA), the EVFTA has a wide scope of regulation, with commitments in many fields. This section introduces the EVFTA commitments related to or affecting the export and import of goods between Vietnam and the EU, including Germany.
Read more →
Australia Market Brief: Garment and Textile

Australia Market Brief: Garment and Textile

11/02/2022
In 2020-21, The Australian fashion and textile sector generated more than $27.2 billion to the Australian economy, approximately 1.5% of GDP (Australian Fashion Council - AFC, 2021). Export revenue was $7.2 billion, and the industry employed more than 489,000 Australians (AFC, 2021).
Read more →