Taxonomy: Sector Affected - 12
Crude petroleum and natural gas
Iran: Import ban on luxury goods
Description
On 8 November 2012, the Islamic Republic of Iran announced a ban on over 70 types of foreign luxury goods.Venezuela: Partial liberalisation of foreign exchange controls
Description
On July 19, 2012, the Bolivian Republic of Venezuela (according to Convenio Cambiatorio Nr 20/14.07.2012, published in Official Gazette Nr. 39.968/19.07.2012) partially liberalised its foreign exchange controls in place since 2003.Myanmar: Permanent residence system for certain foreigners
Description
On 31 October 2012, the Vice-President of Myanmar, U Nyan Tun, announced plans to implement a permanent residence system for foreign investors, intellectuals, businessmen, and technicians.Myanmar: New foreign investment law
Description
On 2 November 2012, the President of Myanmar, Thein Sein, has signed the new law on foreign investment. The law introduces several changes to an international investment law introduced in 1988 as well some new regulations.Kenya: New ownership rules for foreign miners
Description
On 26 October 2012, the Mining Act was published in the official gazette of Kenya.United Kingdom: £2.4bn Regional Growth Fund (RGF) for small businesses
Description
On 22 June 2010, the Regional Growth Fund (RGF) was announced. The main purpose of the RGF is to provide funding from 2011 to 2015 for regional and small businesses in Great Britain.Chile: Elimination of import duties by 2015
Description
On 27 April 2012, the Minister of Finance and Treasury, Felipe Larraín, announced that Chile will eliminate all import tariffs by 2015 (as a part of its tax reform which entered into force on 4 September 2012).Spain: Restrictions on imports of biodiesel
Description
On 20 April 2012, the Spanish Ministry of Industry, Energy and Tourism approved a general provision concerning the supply of biodiesel in Spain.Viet Nam: New tariffs for 2012
Description
Circular 157/2011/TT-BTC was enacted by the Ministry of Finance on 14 November 2011 and took effect from 1 January 2012. Around 945 import tariffs are cut in line with Vietnam's WTO commitments.Ukraine: Expressed intentions to reopen negotiations on WTO membership terms
Description
Numerous and consistent local and international press reports inform in the period September 21-26, 2012 that the Ukraine has notified its trading partners that it wants to charge maximum tariffs on more than 350 goods.











