Trade Law
Trade law governs how goods and services are exchanged across domestic and international markets. It includes rules on tariffs, import/export regulations, trade agreements, and dispute resolution. Here are key areas of trade law:
International Trade Agreements
- Regional & global trade and dispute resolution.
- Bilateral trade agreements – Country-to-country trade deals.
Import & Export Regulations
- Customs duties and tariffs.
- Import/export licensing and permits.
- Product standards and labeling requirements.
Tariffs & Trade Barriers
- Taxes on imported goods (tariffs).
- Quotas limiting imports or exports.
- Non-tariff barriers (e.g., regulatory standards, subsidies).
Dispute Resolution & Trade Remedies
- Anti-dumping laws (preventing unfair pricing of foreign goods).
- Countervailing duties (penalizing unfair subsidies).
- Safeguard measures (temporary restrictions on imports to protect domestic industries).
Intellectual Property & Trade
- Protection of trademarks, patents, and copyrights.
- Preventing counterfeit goods and trade-related IP theft.
Foreign Direct Investment (FDI) Laws
- Regulations for foreign businesses investing in a country.
- Restrictions on foreign ownership in key industries.
Sanctions & Trade Embargoes
- Restrictions on trade with certain countries or entities.
- Compliance with international sanctions (e.g., UN, U.S., EU).
E-commerce & Digital Trade
- Online cross-border transactions.
- Data privacy laws affecting international trade.
