DIT meaning

In this issue: Trade in goods WTO Anti-dumping Daily and weekly news alerts Trade in goods UN General Assembly adopts convention on negotiable cargo documents The United Nations General Assembly has approved the United Nations Convention on Negotiable Cargo Documents, establishing a fresh legal regime that permits goods moved by road, rail, air or sea to be evidenced and represented by a single negotiable instrument, in either paper or electronic form. Designed to ease global trade, the Convention enables goods to be bought, sold or pledged as security whilst in transit, trimming paperwork, fostering digital trade and broadening access to finance. The benefits are expected to be especially significant for small and medium-sized enterprises, as well as businesses in developing and landlocked economies. See: LNB News 23/12/2025 12. WTO WTO announces Türkiye's initiation of safeguard investigation into paper and paperboard imports The World Trade Organization (WTO) has indicated that Türkiye informed the Committee on Safeguards on...

CASE ANALYSIS: Lexis®PSL Arbitration (EXC0011421) Douala International Terminal (DIT) v Port Autonome de Douala (PAD) Cour de cassation, France, Pourvoi n. 23-10.972 What are the practical implications of this case? This ruling of the Cour de cassation recalibrates how particular connections are assessed in international arbitration and their effect on an arbitrator’s independence and impartiality when the validity of arbitral awards is contested. Crucially, it draws a clearer line between different categories of relationships within the arbitration sphere, indicating which may genuinely threaten neutrality and which are less likely to do so. Professional or academic associations that commonly link members of the arbitration community; Personal connections of greater intensity, which are more prone to undermine an arbitrator’s independence and impartiality. Going forward, arbitrators should exercise heightened care to reveal, at the very outset of the proceedings, any personal relationships they have with counsel. A failure to make such disclosures may lead to the award being set aside and could expose the...

With the government’s ongoing drive to strengthen the UK’s role as an autonomous trading nation, we have released a suite of assessments on the trade dimensions of the UK’s Brexit approach and its post‑Brexit international trade policy. This covers the UK’s work to craft fresh trading arrangements with the EU, to secure new agreements with non‑EU partners, and to reset the UK’s standing at the World Trade Organization after Brexit. A selection of notable updates and commentary appears below. ‘Beyond Brexit’ After leaving the EU, the UK began acting as an independent trading state from 11 pm GMT on 31 January 2020 (exit day). Through the subsequent transition/implementation period, the UK focused on settling the terms of its future relationship with the EU, with particular emphasis on economic and trade ties. This led to the EU‑UK Trade and Cooperation Agreement, signed in December 2020 and applied provisionally from 1 January 2021. For background, see Practice Note: EU‑UK Trade and Cooperation Agreement—quick guide. At the same time, looking beyond...