EASTERN EUROPE

The Russian Far East District (FEFD) boasts rich natural resources, abundant land, an upgraded infrastructure, and unfettered access to EAEU markets covering a population of 180 million. It can also offer generous fiscal incentives after the Russian government declared it the “national priority for the entire 21st century”. All this has helped it become an increasingly attractive manufacturing investment destination, which should be of interest to Hong Kong manufacturers and investors. More

The WTO Dispute Settlement Body agreed at its 21 November meeting to establish a panel to examine allegations by seven economies – mainland China, the EU, Canada, Mexico, Norway, Turkey and Russia – that the Section 232 tariffs the United States imposed earlier this year on imported steel and aluminium contravene U.S. multi-lateral obligations. More

President Trump issued an executive order on 20 September authorising the implementation of certain additional sanctions against Russia. This action includes the imposition of sanctions against a mainland Chinese entity that has been met with outrage in Beijing. More