Tony Hague’s Post

Exciting news in #industrialpolicy ! 🏭🔍 Global Trade Alert is excited to introduce the New Industrial Policy Observatory (NIPO), a game-changer that provides unparalleled insights into the dynamic realm of industrial policies. The NIPO initiative tracks industrial policy strategies/plans, policies and individual company subsidy awards undertaken by 75 customs territories since 1 January 2023. So far, the NIPO consists of 2,580 database entries, each representing a distinct state act or plan. 🔗 Today’s release of the database and associated methodology can be accessed via: https://lnkd.in/dVcvNsnu. Potential use cases of the NIPO database: 🔍 Efficient tracking of industrial policy interventions by governments. A one-stop inventory that substitutes for alternative information collection and management systems. 🌟 Useful facts and evidence for briefings of senior officials and executives. 📈 Valuable inputs for strategy discussions. 🌎 Identification of alternative, potentially better, practices in other jurisdictions. 💡 Identification of tit-for-tat or retaliatory policy dynamics. ⏭ Forensic tracking possible of specific product lines, sectors, and companies. 📧 The NIPO database will be updated on a monthly basis and made available on a paid subscription basis. In order to receive a monthly update of the NIPO initiative, please request subscription information through nipo@sgept.org. Follow us for regular updates, expert insights, and exclusive content. #industrialpolicy #innovation #businessanalytics #policymaking #geopolitics #subsidies #geoeconomics #businessintelligence

There are special rules that determine the recoverability of VAT incurred before a business registered for VAT. This type of VAT is known as pre-registration input VAT. There are different rules for the supply of goods and services, but VAT can only be reclaimed if the pre-registration expenses relate to the supply of taxable goods or services by the newly VAT registered business. #VAT #VATregisteredbusiness

About myth-busting: after the one on Wandel durch Handel, the next is "what is good for big corporations is good for Germany". After all, this overdependency issue is also about corporate capture, one could start looking at this issue from this angle too.

Record-breaking container volumes at the Port of Gothenburg! While imports are growing, exports continue on the trajectory from 2023 with continued increased volumes as well. During the first quarter of 2024, exported containers increased by 4% compared to the same period last year. In total – combining exports and imports – the port's container volumes increased by 8% to a total of 242,000 handled containers (TEU*), which is the highest figure for a single quarter in the port's history. The Port of Gothenburg handles 57% of Sweden's total container volume, with terminal operator APM Terminals handling the majority of the volumes "Now we are back to import volumes at levels similar to those before the pandemic. And the signals we are receiving from the market indicate that major importers in sectors such as retail expect strengthened purchasing power and increased demand from Swedish consumers going forward," says Claes Sundmark, Vice President Sales & Marketing at the Gothenburg Port Authority. You can find volumes for every segment and read the full text here: https://lnkd.in/dg3r2_g7 #portofgothenburg #volumes

Finnish businesses focus now on Texas. My short article on this topic is now available in Finnish on the Häme Chamber of Commerce magazine.

Tomorrow giving a lecture on how ultra-high-frequency trading can be used to lower risk levels, and better inventory controlling. Here the details (in Finnish): https://lnkd.in/eV_eZ5ve

Do you ever wonder what we REALLY do? We help create policy & change from the issues that are hindering your business growth. We provide extensive resources to better equip your team & provide benchmarking metrics. We provide insight & counsel on a variety of business topics. We offer significant discount programs for services you are probably using on a regular basis. We provide opportunities for you to connect with other industry peers. We keep you updated on industry news, trends, and changes. We help you cut through the clutter of bureaucracy at the state level. We are the ones keeping a watchful eye on matters that directly affect your business, so you can focus on running yours. The Indiana Manufacturers Association Providing advocacy & resources for industry ..... it's what we do! Since 1901 #IMA #manufacturing

*Venezuela CANIDRA’s new board of directors assumes work on the growth of this sector by 2024* The 2023 Automotive Meeting held within the framework of its LVI Ordinary General Assembly of the National Chamber of Spare Parts and Auto Parts of Venezuela (CANIDRA) served as the framework for the swearing-in of the new board of directors that, during 2023-2025, will assume the task of working in the search for better scenarios that allow the growth of this sector. Diógenes Madriz, the new president of the board along with Carlos Rondón, as vice president; Alejandro Casal, treasurer and Manuel Da Silva as secretary, spoke about the moderate growth that this branch experienced at the beginning of the year, and that dissipated a little by the end of this period. “Even so, we remain optimistic, expecting better figures than last year. We expect a moderate increase in 2024 and for this we are working on actions that demonstrate our optimism and desire to continue; That is why for the month of April we will do the ExpoCanidra event,” he announced. Another way to strengthen this sector would be given by opening up financing as a government policy through legal reserves and the support that banks can offer so that citizens have more possibilities. "It is a reality that Venezuela's vehicle fleet is old and it is necessary to update it, but this requires credits that people can pay." The spaces of the Manantial Valencia Hotel served as a stage to develop a professional event focused on the automotive, spare parts and auto parts sector. Different companies and recognized brands exchanged experiences during the development of this commercial activity. Present at the event were the second vice president of Fedecámaras and permanent advisor of CANIDRA, Tiziana Polesel, as well as representatives of the chambers AIFEM, CANATAME, FAVENPA, ASOCAUCHOS, CAVENEZ, Consecomercio, ambassadors, business executives, and international delegations, whose spokespersons They presented their realities, perspectives and projections for the coming year. The new board of directors is made up mostly of businessmen from all over the country. Making things happen!!

June 5: Transport and Logistics Poland and the Association of International Road Transport Carriers Launched Another Joint Campaign to Defend Road Transport.**Advertising trucks with loudspeakers took to the streets of Warsaw for 8 hours, not missing the areas around the Chancellery of the Prime Minister, the Polish Parliament, and the Ministry of Infrastructure. The campaign was organized so as not to disturb the lives of residents. "Despite the catastrophic situation, we are not organizing gatherings and protests on the roads today for two important reasons. First, we do not want our protests to harm ordinary citizens, entrepreneurs, and the Polish economy, for which we work. Secondly, we do not want a confrontation with the Government, counting on real cooperation," explains Maciej Wroński, President of Transport and Logistics Poland. The campaign aims to draw public and political attention to the dramatic situation of road carriers and to prompt the Government to take immediate stabilizing and supportive actions for the industry. Source: https://lnkd.in/gzqeV9vS

Europe - Commission investigation provisionally concludes that electric vehicle value chains in China benefit from unfair subsidies The Commission has pre-disclosed the level of provisional countervailing duties it would impose on imports of battery electric vehicles (‘BEVs') from China. Should discussions with Chinese authorities not lead to an effective solution, these provisional countervailing duties would be introduced from 4 July by a guarantee (in the form to be decided by customs in each Member State). They would be collected only if and when definitive duties are imposed.  The individual duties the Commission would apply to the three sampled Chinese producers would be:  • BYD: 17,4%;  • Geely: 20%; and  • SAIC: 38,1%. Other BEV producers in China, which cooperated in the investigation but have not been sampled, would be subject to the following weighted average duty: 21%. All other BEV producers in China which did not cooperate in the investigation would be subject to the following residual duty: 38,1%. https://lnkd.in/gPAfEStU