ITC REPORTS STRONG PERFORMANCE BY U.S. SERVICES FIRMS

U.S. service firms remained preeminent in global services trade in 2005, reports the U.S. International Trade Commission in its report. Read More

ITC TO MODIFY, AUGMENT SERIES OF REPORTS ON CHINA

The U.S. International Trade Commission (ITC or Commission) today announced that it will modify and augment its series of reports on U.S.-China trade, as requested by the U.S. House of Representatives' Committee on Ways and Means. Read More

Doha Talks in Potsdam

WTO negotiators from the EU, India, Brazil and the US will meet in Potsdam, Germany, on June 19 to begin five days of talks intended to build greater convergence between themselves in an attempt to conclude a successful Doha agreement by the end of 2007. Read more

New functionality added to the Blog

A new functionality has been added to the Blog: Weekly Video. The idea is to keep this blog fresh and interesting to the members. Videos will be selected by the Issues and Resources committee or by the Board of NKITA.

Daniele

Persons Entering or Leaving EU Must Declare Cash Movements

Under a new European Union law to combat money laundering and the financing of terrorism, travelers entering or leaving the EU will be required as of June 15 to declare sums of €10,000 or more in cash or easily convertible assets.

The new Union-wide approach to controlling cash movements complements the EU's Money Laundering Directive, which already provides for monitoring of transactions made through credit and financial institutions.

"The new rules will make it more difficult for terrorists to enter or leave the [European Union] with the cash required to finance their illegal actions," said EU Taxation and Customs Commissioner László Kovács. "A single uncomplicated system of this type will also be fairer to legitimate travelers who will no longer be faced with control measures that vary depending on where they enter or leave the [EU]." Read more

Draft NKITA Blog

Good morning,

This is a draft template for NKITA's Issues and Resources Blog. The Blog has been set up as follows:

1) Only the people invited to join the Blog can access it.
2) Any posting to the Blog will go to me (or a volunteer) for review before being posted.
3) On the left Menu you will find:

a) Information on NKITA.
b) The list of topics the committee is working on.
c) NKITA events planned for the next future.
d) News on Global Trade (RSS Feeds from CNN.com)
e) A space for a monthly focus

4) At the bottom of the site I have added the address of the Chamber.
5) Videos and podcasts can be added in case a major event/commentary will occur.
6) Postings to the Blog will be organized by topic.
7) Surveys and links to Chamber pages can be added as needed

Your comments and feedback will be extremely welcome. I would like to submit the blog for comment to the entire committee by the end of June.

Thank you
Daniele