Search Results for: business

The Belt and Road Initiative moves into Latin America with China-LAC Santiago Declaration

During the first quarter of 2018, China announced the introduction its Belt and Road initiative in Latin America. This announcement serves to deepen economic and financial cooperation between China and countries where the United States has traditionally had a heavy influence. The declaration, known as the Santiago Declaration, calls for bolstering trade and taking action on climate change.

The dominance of the U.S is already being tested in the region, with China promising to invest more than $250 billion in […]

Read more

General Data Protection Regulation (GDPR): application in Europe and the effects across non-European countries

The General Data Protection Regulation (GDPR) is the new European Union Regulation on data protection and privacy, which came into force on 25 May 2018.

The new Regulation 679/2016 has been directly implemented within the European Union (EU) and the European Economic Area (EEA). The Regulation has the merit to achieve a more harmonious EU relating to privacy, through a consolidation act that is applicable in all member states, notwithstanding that the states that maintain the right to issue supplementary provisions […]

Read more

Trade and economic cooperation agreement signed between China and Eurasian Economic Union (EAEU)

On 18 May 2018, the China Ministry of Commerce (MOFCOM) announced the signing of the Trade and Economic Cooperation Agreement between China and the Eurasian Economic Union (EAEU). The agreement was signed at the Astana Economic Forum held in Astana, Kazakhstan, by the China International Trade Representative and Vice Minister of Commerce Fu Ziying, the Executive Chairman of EAEU and EAEU delegate members.

Established in 2014, the EAEU is a political and economic union of states primarily located the in northern […]

Read more