Changes of Foreign Investment in China after the FDI Law Sep26

Changes of Foreign Investment in China after the FDI Law

The Foreign Investment Law (“FDI law”) has been effective since 2020 which has replaced the previous 3 foreign investment related laws and become the new milestone for foreign investment management trends in China. Foreign-invested companies in China have been experiencing a transitional period and may have adopted certain change...

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India’s Bi-lateral Trade Agreements Sep22

India’s Bi-lateral Trade Agreements

Introduction Over the past 5 years, India’s involvement in the signing of trade deals has been on an incredible rise. The Free Trade Agreements and Economic Corporation and Partnership Agreements are designed and drafted in a manner that benefits countries in reducing trade barriers, eliminating tariffs and in gai...

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Smart Working in Italy – The New Rules from September 1st Sep20

Smart Working in Italy – The New Rules from September 1st

In Italy, along with the re-opening and easing of restrictive measures related to Covid-19, the emergency phase of smart working, which had provided for simplifying derogations to the current regulations, have ended from August 31st, 2022. As a result, as of Sept. 1st, 2022, Law No. 122/2022 has come into effect...

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Punitive Damages against Trademark Infringement in China Sep16

Punitive Damages against Trademark Infringement in China

Introduction China first introduced Punitive Damages in the 2013 amendment to the Trademark Law, which determines the amount of damages for serious infringement of the exclusive right of trademark at a rate of more than double or less than three times the amount of damages already determined. The amount of punitiv...

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“Liberalization of UAE” – its Rapid Reforms Aug29

“Liberalization of UAE” – its Rapid Reforms

Introduction Dubai is the second largest out of the 7 United Arab Emirates (commonly known the UAE). Known for its luxurious lifestyles, modern architecture and bustling nightlife, Dubai is becoming home for the vast number of expats migrating there everyday. Over the past three decades, Dubai has come ...

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 “SEZ 2.0” – A Move Forward for the Manufacturing sector Aug23

 “SEZ 2.0” – A Move Forward for the Manufacturing sector

Introduction Traditionally, Special Economic Zones (SEZs) were established to enhance trade and open the economy of a country. It was evident that SEZs attracted foreign investments and gave a real push to the industrial development in particular regions. Historically, the first SEZ was an industrial pa...

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China Strengthens Anti-Monopoly Supervision and Compliance Requirements Aug23

China Strengthens Anti-Monopoly Supervision and Compliance Requirements

Introduction Since its implementation in 2008, Anti-Monopoly Law of the People's Republic of China (“Anti-Monopoly Law”) has produced positive effects in regulating monopolistic conduct and the market competition order, as well as protecting the rights and interests of consumers. However, in recent years, with...

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Commercial Debt Recovery in Vietnam Aug19

Commercial Debt Recovery in Vietnam

In commercial transactions, it is unfortunately quite common to deal with counterparties committing violations of payment or delivery terms for goods and services. In an emerging market like Vietnam this risk is increased exponentially, especially if the collaboration with a counterparty is relatively new and the agreement has not be...

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Parallel Import in Russia in 2022 Aug16

Parallel Import in Russia in 2022

Since the start of military operations in Ukraine, the European Union has imposed sanctions against Russia, with the seventh package of sanctions already implemented. In addition, from February 24th to August 2022, more than 1,000 foreign companies have left Russia or suspended their operations in the country. To avoid a s...

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It’s Finally Here – The “Measures for the Security Assessment of Outbound Data Transfers ” Have Been Officially Introduced Aug11

It’s Finally Here – The “Measures for the Security Assessment of Outbound Data Transfers ” Have Been Officially Introduced

  On July 7th, 2022, the Cyberspace Administration of China (hereinafter referred to as the "CAC") issued the Measures for the Security Assessment of Outbound Data Transfers (hereinafter referred to as the "Assessment Measures")...

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