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May 16, 2010
According to international news organizations, passage of the United States - Korea Free Trade Agreement (KORUS FTA) has been delayed in the South Korean parliament due to the discovery of numerous translation errors. The U.S. and South Korea first struck a deal in December, 2010 but delays in both countries have resulted in little progress being made since then. In South Korea, the ratification bill for the trade agreement was temporarily withdrawn until the translation errors have been corrected. In the U.S., the trade agreement was declared ready for Congressional consideration in March but so far no bill to approve it has been passed. The corrected KORUS FTA is expected to be resubmitted to the Korean parliament by next month, but could ultimately result in a delay of several months.
CBP Posts Presentations from the 2011 Trade Symposium
The Trade Symposium, entitled "Working Together to Strengthen Economic Competitiveness," was held April 13 - 14, 2011 and featured a number of panels and discussions regarding CBP's role in international trade initiatives and programs. Presentation topics include:
FDA to Require Name of Any Country to Which an Import Has Been Refused Entry In a Federal Register notice published on May 5, 2011 the U.S. Food and Drug Administration (FDA) published an interim final rule requiring that prior notice submitters provide the name of any country which has refused entry to the affected shipment. The rule was created in response to section 304 of the Food Safety Modernization Act (FSMA) which was signed into law in January 2011. The FSMA "requires a person submitting prior notice of imported food, including food for animals, to report the name of any country to which the article has been refused entry." Per the notice, "This additional knowledge can further help FDA to make better informed decisions in managing the potential risks of imported food shipments into the United States." The interim final rule is effective July 3, 2011. Comments will be accepted until August 3, 2011.
________________________________________ Tons News is compiled from a number of public sources that, to the best of Tons knowledge, are true and correct. It is our intent to present only accurate information. However, in the event any information contained herein is erroneous, Tons accepts no liability or responsibility.
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