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Structured register of government actions in the geoeconomic space — export controls, tariffs, sanctions, FDI screening, subsidies, industrial-policy laws — cross-referenced into the country, minerals, and ETF surface. Charter: docs/IPTM_CHARTER.md.
Severity 1-5 is the qualitative impact rating (1=minor, 5=structural). The bilateral-trade-grounded quant scorer is the next IPTM milestone. RBI (Register Breadth Index) is a complementary structural-breadth indicator from scripts/py/iptm/breadth.py; divergence between RBI and severity is itself informative (high-sev / low-RBI = strategic chokepoint; low-sev / high-RBI = broad but shallow). Every action has at least one primary source URL. Verify-or-don't-file. See also themes, timeline, graph, sankey, map, country exposure, sector exposure, material exposure (+ graph), weekly briefs, portfolio scan, escalation monitor, trans-shipment hubs. Internal triage tools (RSS-poller candidate feed, source-feed health) live under /admin/candidates + /admin/sources. Subscribe via Atom feed (accepts ?country=CN, ?material=lithium, ?issuer=BIS, ?type=export_control, ?etf=SOXX, ?company=NVDA, ?minSeverity=4, ?year=2026, ?q=…) or pull /api/iptm/actions.
President Daniel Noboa signed Executive Decree 273 on 31 December 2025 (effective 1 January 2026), the most significant overhaul of Ecuador's mining regulation since the 2009 Mining Code. The decree amends the Reglamento General a la Ley de Minería to (i) replace the fixed 3–8% royalty range with a price-indexed sliding scale tied to a trailing three-year LME reference price, (ii) require all mining projects to supply 100% of their electricity needs (no grid draw), (iii) tighten exploration-phase timelines and introduce automatic extinction of concessions where activities do not begin in time, (iv) modify royalty-deduction rules so gold/silver royalties are computed on gross revenue without deductions while small/medium operators of other metals can still deduct refining/transport/benefit costs, and (v) allocate 60% of mining royalties to social projects via decentralised governments (45% provincial, 35% municipal, 20% parochial). The decree was published in Registro Oficial Suplemento 195 of 31 December 2025 and is not retroactive.
FinCEN issued a final rule delaying by two years the effective date of the August 28, 2024 Investment Adviser AML Rule (89 FR 72156) — which would have required SEC-registered investment advisers (RIAs) and Exempt Reporting Advisers (ERAs) to implement AML/CFT programs and file SARs under the Bank Secrecy Act. The compliance deadline moves from January 1, 2026 to January 1, 2028. Treasury cited the need for additional time to review and re-tailor the rule to the diverse business models and risk profiles of the investment adviser sector, and to coordinate with related rulemakings. The final rule follows the September 22, 2025 NPRM and the August 5, 2025 exemptive relief order that had already paused enforcement.
Türkiye's Ministry of Trade published Tebliğ No. 2026/1 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4. Mükerrer), entering into force 30 January 2026. It imposes a reference-price-triggered import surveillance regime on photosensitive magnesium printing plates (GTİP 3701.30.00.00.21, USD 40/kg floor) and on kraft paper and kraft paperboard across several GTİP lines (4804.11.xx and 4804.21.xx, USD 0.7/kg and USD 1/kg floors respectively). Imports declared below these unit customs values require a surveillance certificate ("gözetim belgesi") from the Ministry's Import Directorate General before customs clearance, valid six months.
Türkiye's Ministry of Trade published Tebliğ No. 2026/10 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 days later on 30 January 2026. It imposes a forward-looking import surveillance regime on filtering and purifying machinery and filters for liquids and gases: water filtration/purification machinery (GTİP 8421.21.00.00.00), oil and fuel filters for internal combustion engines (8421.23.00.00.00), and air-intake and other filtration equipment (8421.31.00.90.00, 8421.39.25.90.00). All four lines require a surveillance certificate ("gözetim belgesi") when the unit customs (CIF) value is below USD 10/kg, issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert lists Austria, Belgium, and Bosnia & Herzegovina among the principally affected exporting countries.
Türkiye's Ministry of Trade published Tebliğ No. 2026/11 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 days later on 30 January 2026. It imposes a forward-looking import surveillance regime on fire extinguishers: imports priced at or below a reference unit customs value require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert logs the measure as a discrete "certainly harmful" import-licensing intervention (MAST Chapter E: non-automatic licensing) covering inward flows from all origins, with China, France and Germany named among the affected exporting countries; the exact GTİP line and USD/unit threshold are not publicly disclosed.
Türkiye's Ministry of Trade published Tebliğ No. 2026/12 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 days later on 30 January 2026. It imposes a forward-looking import surveillance regime on escalators and moving walkways: imports priced at or above a Ministry-set reference unit customs value require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance — the inverse-direction (price-ceiling) variant of the reference-price template used elsewhere in the same package. Global Trade Alert logs the measure as a discrete "certainly harmful" import-licensing intervention (MAST Chapter E: non-automatic licensing) covering inward flows from all origins, naming China among the affected exporting countries alongside Australia and Austria; the exact GTİP line and USD/unit threshold are not publicly disclosed.
Türkiye's Ministry of Trade published Tebliğ No. 2026/13 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 days later on 30 January 2026. It imposes a forward-looking import surveillance regime on television dish (satellite) antennas: imports priced at or below a Ministry-set reference unit customs value require a surveillance certificate ("gözetim belgesi") issued electronically before customs clearance. Global Trade Alert logs the measure as a discrete "certainly harmful" import-licensing intervention (MAST Chapter E: non-automatic licensing), naming China, Czechia and France among the affected exporting countries; the exact GTİP line and USD/unit threshold are not publicly disclosed.
Türkiye's Ministry of Trade published Tebliğ No. 2026/14 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on motor vehicle safety seat belts under GTİP 8708.21.90.00.00. Whenever the declared unit customs value falls below the Ministry-set reference floor of USD 12/kg (gross weight), import is only permitted with a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General, which customs requires at declaration registration. Global Trade Alert lists China, Czechia and Estonia as the principally affected exporting countries.
Türkiye's Ministry of Trade published Tebliğ No. 2026/15 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on motor vehicle safety glass — windscreens, rear windows and other automotive safety glazing under GTİP 8708.22. Whenever the declared unit customs value falls below the Ministry-set reference floor of USD 6.5/kg (gross weight), import is only permitted with a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General, which customs requires at declaration registration. Global Trade Alert lists Belgium, China and Czechia as the principally affected exporting countries.
Türkiye's Ministry of Trade published Tebliğ No. 2026/16 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on table tennis tables (GTİP 9506.40): imports declared below a Ministry-set reference unit value require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General via the Gümrükler Tek Pencere Sistemi before customs will register the declaration. Global Trade Alert lists China as the principally affected exporting country and rates the intervention "certainly harmful."
Türkiye's Ministry of Trade published Tebliğ No. 2026/17 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 days later on 30 January 2026. It imposed a forward-looking import surveillance regime on wheeled agricultural tractors and wheeled forestry tractors (GTİP 8703.21.10.90.19), with five power-based classifications each carrying its own unit customs-value reference price ranging from USD 5,078 to USD 44,890 per unit; imports declared below the applicable threshold require a gözetim belgesi (surveillance certificate) issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert logs China, Czechia and Germany as principally affected. A subsequent amendment (Tebliğ, Official Gazette 17 April 2026, Sayı 33219) removed wheeled agricultural/forestry tractors from the surveillance table entirely and replaced them with ATVs, effective 17 May 2026 — ending the tractor measure after roughly 3.5 months in force.
Türkiye's Ministry of Trade published Tebliğ No. 2026/18 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 days later on 30 January 2026. It imposes a forward-looking import surveillance regime on air conditioning machines and split-system units: other air-conditioning units (GTİP 8415.10.90.00.19) below a unit customs value of USD 250/unit, other parts (GTİP 8415.90.00.90.09) below USD 150/unit, and split-system indoor units (GTİP 8415.90.00.90.12) below USD 100/unit require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert lists China as the principally affected exporting country.
Türkiye's Ministry of Trade published Tebliğ No. 2026/19 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on lithium iron phosphate (LFP) prismatic accumulators under GTİP 8507.60.00.00.22 (4.9V–400V) and 8507.60.00.00.23 (>400V) whenever the declared unit customs value falls below a reference floor of USD 12/kg and USD 15/kg (gross weight) respectively. Below those thresholds, import is only permitted with a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General (İthalat Genel Müdürlüğü), which the customs authority requires at declaration registration. Certificates are valid six months.
Türkiye's Ministry of Trade published Tebliğ No. 2026/2 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on chlorinated paraffins (GTİP 3824.99.92.00.34). Imports declared at or below a unit customs value of USD 2.5/kg gross weight require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. The measure is de jure origin-neutral; Global Trade Alert's trading-partner data for this intervention was not accessible without a paid account, so no specific target countries are asserted here.
Türkiye's Ministry of Trade published Tebliğ No. 2026/20 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on load cells (GTİP 9031.80.80.90.11, reference price USD 20,000/tonne) and other measuring/checking instruments (GTİP 9031.80.80.90.19, reference price USD 7,000/tonne) whenever the declared customs value falls below those thresholds. Below the floor, import is only permitted with a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General, required by customs at declaration registration and valid for six months.
Türkiye's Ministry of Trade published Tebliğ No. 2026/3 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 days later on 30 January 2026. It imposes a forward-looking import surveillance regime on vacuum storage bags: imports priced below a reference unit customs value require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert logs the measure as a "certainly harmful" intervention but does not publicly disclose the exact GTİP line or USD/unit threshold; no single exporting country is named in the primary text.
Türkiye's Ministry of Trade published Tebliğ No. 2026/4 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on marble, travertine, alabaster and other worked building/monumental stone (GTİP 6802.21 and 6802.91.00.00.19). Imports declared at or below a unit customs value of USD 700/tonne require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert lists China, Greece and Iran as the principally affected exporting countries.
Türkiye's Ministry of Trade published Tebliğ No. 2026/5 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on woven wire cloth and netting of iron or steel welded at the intersections (GTİP 7314.31.00.00.00 and 7314.39.00.00.00). Imports declared at or below a unit customs value of USD 3.5/kg require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert lists China as the affected jurisdiction.
Türkiye's Ministry of Trade published Tebliğ No. 2026/6 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on vehicle suspension leaf springs (HS 7320 — springs and leaves for springs, of iron or steel; specifically heading 7320.10). Whenever the declared unit customs value falls below a Ministry-set reference price floor, import is only permitted with a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General, referenced at customs declaration. Global Trade Alert lists Belgium, China and Germany as the principally affected exporting countries.
Türkiye's Ministry of Trade published Tebliğ No. 2026/7 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on razors with non-replaceable blades (GTİP 8212.10.10.00.00), razor blades (8212.20.00.10.00) and razor blade blanks (8212.20.00.20.00). Imports declared at or below a unit customs value of USD 20/kg gross weight require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert lists Belgium, China and Czechia as affected jurisdictions, in alphabetical rather than ranked order.
Türkiye's Ministry of Trade published Tebliğ No. 2026/8 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on staples of iron or steel (GTİP 8305.20.00.21.00 — strip staples of the type used in office, upholstery and packaging staplers). Imports declared at or below a unit customs value of USD 1.70/kg gross weight require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert lists China as the principally affected exporting country.
Türkiye's Ministry of Trade published Tebliğ No. 2026/9 ("İthalatta Gözetim Uygulanmasına İlişkin Tebliğ") in the Official Gazette on 31 December 2025 (Sayı 33124, 4th mükerrer), entering into force 30 January 2026 (30 days after publication). It imposes a forward-looking import surveillance regime on piston-type air compressors incorporating an air tank (GTİP 8414.80.22.90.11). Imports declared at or below a unit customs value of USD 90/unit require a surveillance certificate ("gözetim belgesi") issued electronically by the Ministry's Import Directorate General before customs clearance. Global Trade Alert logs the measure as a discrete "certainly harmful" import-licensing intervention; its public affected-country list (Austria, Belgium, Brazil, …) is alphabetical rather than an exporter ranking, and the underlying Tebliğ is origin-neutral on its face.
On 26 December 2025 the Peruvian executive promulgated and published in El Peruano Ley N° 32537, modifying Decreto Legislativo 1293 to extend the Registro Integral de Formalización Minera (REINFO) — Peru's artisanal-and-small-scale mining formalisation registry — through 31 December 2026, or until the new MAPE Law and its regulations enter into force, whichever occurs first. The statute is the parent instrument above DS 009-2025-EM (May 2025) and pushes the formalisation regime — which previously had a 30 June 2025 sunset under Ley 32213 — out by another 18 months. It also (i) orders a national MAPE census run by INEI, MINEM and INGEMMET (to begin within six months and conclude within twelve), (ii) requires REINFO registrants to declare real operational coordinates within 120 days via the Ventanilla Única de Formalización Minera, (iii) compels regional governments to transfer their formalisation paper and digital archives to MINEM within 60 days, and (iv) directs SUNAFIL to issue payroll-compliance verification rules for REINFO holders within 60 days. The law affects ~80,000+ artisanal and small-scale miners and is the statutory ceiling under which Peru's gold and copper-concentrate export chain operates.
Presidential Decision No. 10767, published in the Official Gazette (Resmî Gazete, Issue No. 33118) on 25 December 2025, re-sets the Digital Services Tax (Dijital Hizmet Vergisi, DHV) rate under Article 5(3) of Law No. 7194. The rate, set at 7.5% since the tax's 2020 introduction, is reduced to 5% for revenue generated from 1 January 2026 and to 2.5% for revenue generated from 1 January 2027. The tax applies to gross Turkish-sourced revenue of digital-service providers (online advertising, content sales, social-media/intermediary platforms) exceeding statutory turnover thresholds, and falls predominantly on large non-resident platform operators (Google, Meta, Amazon and comparable multinationals).
The Philippine Department of Agriculture issued Administrative Circular No. 16, Series of 2025, imposing a maximum suggested retail price (MSRP) of PHP 120 per kilogram on imported carrots sold in public and private wet markets within the National Capital Region. The measure took effect 5 December 2025 and was formally circularised 23 December 2025, part of a broader end-2025 MSRP push that also covered pork and onions. It is a domestic price-stabilisation control on an imported staple vegetable rather than a border tariff or quota, but it directly affects the economics of carrot importers and NCR wet-market resellers.
Taiwan's Legislative Yuan passed the Artificial Intelligence Basic Act (人工智慧基本法) on third reading on 23 December 2025, and President Lai Ching-te promulgated the 20-article statute on 14 January 2026, bringing it into force immediately. The Act designates the National Science and Technology Council (NSTC) as the central AI-policy competent authority and codifies seven governance principles — sustainability and well-being, human autonomy, privacy protection and data governance, cybersecurity and safety, transparency and explainability, fairness and non-discrimination, and accountability — that apply to all public-sector AI procurement and high-risk sectoral applications. The statute establishes a statutory foundation for the Taiwan AI Action Plan 2.0, mandates an Executive Yuan National AI Strategy Committee, and provides authority for sector-specific implementing regulations by FSC, NCC, MOHW, and MOTC across finance, telecoms, medical, and autonomous-vehicle AI within a two-year window. As the first national AI governance statute in the Greater China region and the third globally after the EU AI Act and South Korea's AI Basic Act, it frames regulatory expectations for the companies at the heart of the global AI hardware supply chain — TSMC, NVIDIA ODM partners, and advanced-packaging incumbents — that are headquartered or operate substantially in Taiwan.
Zambia enacted the Income Tax (Amendment) (No. 2) Act No. 17 of 2025, assented to 23 December 2025 and effective 1 January 2026, introducing two mining-specific fiscal provisions. First, interest deductibility is capped at 30% of tax EBITDA for all companies, with unrelieved interest carry-forwardable for up to five years (general) or ten years for entities in mining and electricity generation. Second, mining companies deriving at least 75% of gross income in foreign exchange from outside Zambia may maintain their books of accounts in US dollars, reducing FX translation risk for dollar-denominated operators. Both measures are structurally distinct from the concurrent Act No. 10 of 2025 (Minimum Alternative Tax and loss carry-forward cap).
On 22 December 2025 the FCC's Public Safety and Homeland Security Bureau released Public Notice DA-25-1086, adding to the Covered List (under section 1709 of the FY2025 NDAA) all unmanned aircraft systems (UAS) and UAS critical components produced in a foreign country, plus communications and video-surveillance equipment/services produced by DJI Technologies and Autel Robotics (and their subsidiaries, affiliates, and licensing/JV partners). The designation is comprehensive by scope — every foreign-made drone from consumer quadcopters to large uncrewed systems, with no size/performance carve-out — and blocks the FCC from granting any new equipment authorization to covered UAS/components going forward. Previously authorized models already in the US market are not revoked. A follow-on Public Notice (DA-26-22, 7 January 2026) narrowed the scope with a temporary exemption (see amendments).
Arrêté ministériel n° 00964/CAB.MIN/MINES/01/2025, signed 19 December 2025 by DRC Mines Minister Louis Watum Kabamba, suspends with immediate effect all activities of entities (notably comptoirs d'achat / buying counters, treatment units and similar structures) involved in the purchase, processing, transformation and commercialisation of copper and cobalt minerals sourced from artisanal exploitation across the country. Industrial, legally established mining operators are excluded. The order requires affected entities to submit compliance documentation within ten days, establishes an ad hoc commission to verify administrative, legal, technical and traceability conformity (15-day review window), and obliges operators to demonstrate the lawful origin of their supplies in line with OECD due-diligence guidance. Framed as a "conservatory" measure to restore order in the cupro-cobaltifère value chain and curb illicit exports.
The Minister of Minerals published Government Notice No. 692 of 2025 on 19 December 2025, amending the Mining (Corporate Social Responsibility) Regulations 2023 (GN 409/2023) made under section 105 of the Mining Act, Cap. 123. Key operative changes include restructuring the CSR Expert Committee, imposing statutory 14-day timelines for plan revision and ministerial submission, enhancing licensee financial-reporting obligations, and granting explicit corrective-action authority against underperforming contractors. All Tanzanian mining licensees — including Barrick (North Mara, Bulyanhulu), AngloGold Ashanti (Geita), and Petra Diamonds (Williamson) — are subject to the tightened compliance framework.
Section 851 of the FY 2026 National Defense Authorization Act (P.L. 119-60), signed December 18, 2025, prohibits US federal agencies from procuring biotechnology equipment or services from designated "biotechnology companies of concern" (BCCs), and bars federal contractors from using such equipment/services in work performed under federal contracts, grants, or loans. The final enacted text ties initial BCC designations to DoD's existing §1260H Chinese-military-company list (which currently includes BGI and MGI, but not WuXi AppTec or WuXi Biologics) and directs OMB to designate additional BCCs within one year of enactment; operational prohibitions activate 60-90 days after FAR revision, with a five-year grandfather period for pre-existing contracts — enforcement is expected to begin in 2027-28. The legislation is the successor to H.R.8333 (118th Congress, House-passed September 2024 but stalled in the Senate before adjournment) and represents the first enacted US federal-procurement biotech-supply-chain-resilience statute.
In the early hours of 11 December 2025 the Council of the EU and the European Parliament reached provisional political agreement in trilogue on the "EU Pharma Package" — the revised pharmaceutical Regulation (COM 2023/0131) and Directive (COM 2023/0132) — the most significant overhaul of EU pharmaceutical legislation in over two decades. The package replaces Directive 2001/83/EC (Community Code on medicinal products for human use) and Regulation (EC) 726/2004 (the EMA Regulation), and consolidates the orphan-medicine (Regulation 141/2000) and pediatric-medicine regulations into a single framework. Headline provisions: (i) a new "8+1(+1)(+1)" IP-incentive architecture — 8 years of regulatory data protection plus 1 year of market protection, with up to two additional 12-month extensions for products addressing unmet medical need or new active substances meeting comparative-trial conditions, capped at 11 years total; (ii) an EU-wide list of critical medicines under enhanced governance via the Medicines Shortages Steering Group (MSSG) and an EMA "list of critical shortages in the EU"; (iii) mandatory shortage-prevention plans on marketing-authorisation holders for prescription medicines and Commission-designated products; (iv) modernisation of clinical-trial requirements, environmental-risk assessment, antimicrobial stewardship, and a transferable-exclusivity-voucher (TEV) regime to incentivise novel antibiotic R&D. The COREPER I committee endorsed the compromise text on 6 March 2026 and final adoption by Parliament and Council is expected during summer 2026, with the regulatory framework becoming applicable in 2028.
On 10 December 2025 the European Commission opened an in-depth investigation under the Foreign Subsidies Regulation (FSR) — its first ex officio Phase II investigation — into whether Chinese state-controlled security-scanner producer Nuctech received foreign subsidies enabling it to offer prices and conditions that EU competitors could not match across airport, port, and border-crossing markets. Nuctech Technology, controlled by Tsinghua Tongfang (PRC state-linked), operates EU subsidiaries in Poland and the Netherlands (Nuctech Warsaw and Nuctech Netherlands), supplying threat-detection scanners to roughly 80% of EU airports and 70% of EU sea and land border crossings. The case (FS.100068) followed April 2024 unannounced FSR dawn raids at Nuctech's Polish and Dutch premises — one of the first uses of FSR inspection powers — and sets a precedent for ex officio scrutiny of state-subsidised foreign incumbents beyond the M&A and public-procurement tracks where FSR had previously operated.
Morocco's Loi de Finances n° 50-25 for fiscal year 2026, promulgated by Dahir n° 1-25-67 of 10 December 2025 and published in Bulletin Officiel n° 7465 bis of 16 December 2025, sets the FY2026 customs-tariff schedule (continuing the EU Common External Tariff alignment process at 2.5%/17.5%/40% tiers with sector-specific input reductions), amends the fiscal regimes for Zones d'Accélération Industrielle and Casablanca Finance City, and delivers the 2026 tranche of the multi-year IS (corporate-tax) rate-convergence schedule under Framework Law n° 69-19. The law also extends green-investment fiscal accelerators aligned with the EU's Carbon Border Adjustment Mechanism and the EU-Morocco Strategic Partnership on Sustainable Raw Materials Value Chains, and contains phosphate-sector fiscal provisions affecting OCP Group's DAP/MAP/TSP export treatment. Entry into force: 1 January 2026.
On 10 December 2025 the National Assembly of Vietnam adopted Law No. 134/2025/QH15 on Artificial Intelligence (8 chapters, 35 articles), Vietnam's first dedicated AI statutory framework and one of the first comprehensive horizontal AI laws in Southeast Asia. The law establishes a three-tier risk-based regulatory architecture (high / medium / low) for the research, development, provision, deployment, and use of AI systems; defines the rights and obligations of providers, deployers, importers, distributors, and users; and mandates state oversight via the Ministry of Information & Communications and Ministry of Science & Technology. Prohibited acts include systematic deception, manipulation of human perception, generation of fake content endangering national security, exploitation of vulnerable populations, and obstruction of human-supervision mechanisms. The law applies to Vietnamese agencies, organizations, and individuals as well as foreign organizations and individuals involved in AI-related activities in Vietnam, taking effect 1 March 2026 with 12-18 month transition windows for existing systems depending on sector.
Vietnam's National Assembly passed Law on Cybersecurity No. 116/2025/QH15 on 10 December 2025 (434 of 443 deputies in favour), effective 1 July 2026. The law supersedes both the 2018 Cybersecurity Law (Law 24/2018/QH14) and the 2015 Law on Cyber Information Security, consolidating cybersecurity, cyber-information-security, and network-information-security into a unified Ministry of Public Security-led framework. It retains data-localization obligations for foreign digital-service providers handling personal data, user-generated content, and relationship graphs of Vietnamese users (minimum 24-month retention), introduces 6-hour urgent / 24-hour standard content take-down windows on MPS request, expressly prohibits AI/deepfake forgery of images, voices, and videos for illegal purposes, and mandates child-safety platform measures.
Pakistan's Directorate General of Customs Valuation (Karachi), acting under the Federal Board of Revenue, issued Valuation Ruling No. 2029/2025 on 3 December 2025, fixing new minimum customs values for imports of eleven aroma and aromatic chemicals used in perfumes and cosmetics — Citronellol, Coumarin, Dihydro Myrcenol, Eugenol, Geraniol, Linalool, Musk Ambrette, Sandela, Eucalyptus Oil, Peppermint Oil, and Vanillin — sourced primarily from China. The ruling was triggered by representations from domestic importer M/s Franscent (Pvt.) Ltd., which alleged systematic under-invoicing of these products, and was determined under Section 25(9) read with Sections 25(5) and 25(6) of the Customs Act, 1969, after the Directorate found transaction-value and comparable-goods valuation methods unworkable due to sparse and inconsistent import data. Clearance Collectorates were instructed to enforce accurate CAS-number and chemical-identity declarations to prevent misclassification against the new benchmark values.
On 24 November 2025 Barrick Mining Corporation and the Government of Mali announced a comprehensive settlement resolving all disputes arising from the Loulo-Gounkoto gold complex, including the June 2025 provisional state administration order. Under the agreement Barrick commits to pay approximately USD 430 million (≈244 billion CFA francs) to Mali in cash and VAT-credit offsets, formally accedes to Mali's 2023 Mining Code (Loi 2023-040), and receives in exchange: cancellation of all charges against Barrick entities and personnel, release of four detained employees, return of three metric tons of previously seized gold (~USD 400 million), termination of the provisional administration, and a ten-year renewal of the Loulo mine permit (which had been set to expire in February 2026). Full operational control was restored to Barrick on 18 December 2025.
Pakistan's Directorate General of Customs Valuation (Karachi), acting under the Federal Board of Revenue, issued Valuation Ruling No. 2024/2025 on 24 November 2025 (C.No. Misc/54/2021-III/1115), superseding Valuation Ruling No. 1822/2023 and setting fresh minimum customs values (C&F, US$/kg) for latex rubber threads across four count-range bands, differentiated by origin: China at US$2.69-3.53/kg and Malaysia/Thailand at US$2.85-3.66/kg, rising with thread count (30-44, 45-55, 56-63, 64-90 counts). The Directorate rationalized the values downward at stakeholders' request, citing a documented downward trend in prevailing international prices; the ruling functions as an enforceable minimum-value floor under Section 25A of the Customs Act, 1969, applied when declared invoice values fall below the benchmark.
President Claudia Sheinbaum signed a comprehensive reform to Mexico's Customs Law (Ley Aduanera) published in the Diario Oficial de la Federación on 19 November 2025, entering into force 1 January 2026. The decree formally recognises the Agencia Nacional de Aduanas de México (ANAM) as the autonomous customs authority with expanded inspection and fiscalisation powers, creates a new inter-secretarial Consejo Aduanero with binding decisional authority over customs-agent licensing, and mandates real-time electronic traceability and video-surveillance at all recintos fiscales. The reform is Mexico's most comprehensive statutory overhaul of its customs-administration architecture in over a decade, directly conditioning USMCA-origin compliance infrastructure for approximately US$800 billion in annual MX-US trade and over 3,200 IMMEX-registered nearshoring operators.
On 18 November 2025, the European Supervisory Authorities (EBA, ESMA, and EIOPA) jointly designated 19 Critical ICT Third-Party Providers (CTPPs) under DORA Article 31, with immediate effect — the first-ever exercise of direct EU financial-regulator supervision over hyperscale cloud and infrastructure providers. The designated entities include Amazon Web Services, Microsoft Azure, Google Cloud, Deutsche Telekom, Oracle, SAP, IBM, Bloomberg LP, London Stock Exchange Group (LSEG), Tata Consultancy Services, and Orange, among others. Designation triggers direct oversight by a lead ESA (EBA for banking-critical, ESMA for capital-markets-critical, EIOPA for insurance-critical) via Joint Examination Teams (JETs), with powers to conduct investigations, carry out on-site inspections, and impose fines of up to 1% of average daily worldwide turnover per day for non-compliance.
India's Ministry of Electronics and Information Technology (MeitY) notified the Digital Personal Data Protection Rules, 2025 via Gazette notification G.S.R. 846(E) on 13 November 2025, operationalising the 2023 DPDP Act. The Rules introduce a "negative list" cross-border personal-data transfer regime under Rule 14, verifiable parental consent, breach-notification windows, and tiered penalties up to INR 250 crore. Implementation is phased: Data Protection Board provisions in force on notification, Consent Manager rules from 13 Nov 2026, and core data-fiduciary / cross-border-transfer obligations from 13 May 2027.
Germany's transposition of EU Directive 2022/2555 (NIS2), enacted as the "Gesetz zur Umsetzung der NIS-2-Richtlinie und zur Regelung wesentlicher Grundzüge des Informationssicherheitsmanagements in der Bundesverwaltung." Bundestag passage 13 November 2025; Bundesrat approval 21 November 2025; published as BGBl. I 2025 Nr. 301 on 5 December 2025; entered into force 6 December 2025. The statute designates the Bundesamt für Sicherheit in der Informationstechnik (BSI) as the central national supervisory authority over an estimated 29,500 covered entities across 18 critical and important sectors, introduces a mandatory 24h initial / 72h detailed / 1-month final cyber-incident reporting cascade, establishes board-level personal liability for senior management, and applies to SME critical- infrastructure suppliers — with no transitional grace period from entry into force.
Senegal adopted a new Mining Code under President Bassirou Diomaye Faye's sovereignty-reform mandate, replacing the 2016 framework. The code strengthens the state's free-carried interest and participating-interest rights in mining operations, imposes stricter local-content requirements (processing, employment, procurement), and introduces enhanced royalty and revenue-capture provisions aligned with the WAEMU 2023 regional mining regulation. Community development plan obligations are also reinforced, and the code provides the legal foundation for the concurrent licence-revocation process overseen by the March 2026 National Commission review of 71 permits.
On 6 November 2025, the US Department of the Interior (DOI) and the US Geological Survey (USGS) released the final 2025 List of Critical Minerals under the Energy Act of 2020 (30 U.S.C. § 1606), expanding the designation from 50 to 60 minerals. The final list adds 10 newly designated commodities — boron, copper, lead, metallurgical coal, phosphate, potash, rhenium, silicon, silver, and uranium — based on updated supply-chain disruption modelling, public comment, and interagency recommendations. The list constitutes the foundational statutory anchor for downstream US critical-minerals policy instruments including DPA Title III awards, DOE LPO Title 17 loan eligibility, IRA Section 45X Advanced Manufacturing Production Credit eligibility, Section 30D FEOC determinations, BIS export-control predicate assessments, Section 232 trade-investigation predicates, and CFIUS critical-technology triggers under 31 CFR § 800.215.
Pakistan's Directorate General of Customs Valuation (Karachi), acting under the Federal Board of Revenue, issued Valuation Ruling No. 2023/2025 on 5 November 2025 (C.No. Misc/12/2025-I/1073), fixing new minimum customs values under Section 25A of the Customs Act, 1969 for imported Zirconium Silicate (PCT 2530.9020): US$2.084/kg (C&F) for China, Thailand, Indonesia, Malaysia and Vietnam-origin shipments, and US$2.200/kg for Europe/USA-origin shipments. The ruling followed a finding that declared import values — as low as US$0.35/kg from China against a China/Europe international benchmark of US$1.70-1.82/kg for the constituent raw material (Zircon Sand) — were substantially below prevailing international market prices, and names China as the "global benchmark" origin used to set the floor.
FinCEN issued a final rule under Section 311 of the USA PATRIOT Act (31 U.S.C. § 5318A) prohibiting US covered financial institutions from opening or maintaining a correspondent account for, or on behalf of, Cambodia-based Huione Group, a foreign financial institution found to be of primary money-laundering concern. Treasury determined that Huione Group and its subsidiaries — including Haowang Guarantee, Huione Pay PLC, and Huione Crypto — laundered at least $4 billion of illicit proceeds between August 2021 and January 2025, including funds tied to North Korean cyber-heist actors and Southeast Asian "pig-butchering" investment-scam compounds. The rule also imposes a special-due-diligence requirement on US covered institutions to guard against indirect access via foreign correspondent accounts. Effective November 17, 2025.
The Saudi Council of Ministers adopted Resolution No. 269 on 11 October 2025, amending the Precious Metals and Gemstones Law to transfer all supervision, regulation, and licensing of precious-metals and gemstones manufacturing activities from the Ministry of Commerce (MoC) to the Ministry of Industry and Mineral Resources (MIM). The Ministry of Commerce retains authority over retail trade outlets and consumer-facing commercial activities. A six-month transition window — announced jointly by MoC and MIM on 16 October 2025 — requires all existing manufacturing practitioners to obtain an industrial licence through the "Sanai" platform; mandatory hallmarking, gemstone identification tagging, and consumer-documentation standards also take effect under the revised regulatory framework.
India's Directorate General of Foreign Trade (DGFT Notification No. 40/2025-26, dated 10 October 2025) made pre-import registration mandatory, effective 1 November 2025, for a defined list of solar and wind energy components under the Renewable Energy Equipment Import Monitoring System (REEIMS), run by the Ministry of New and Renewable Energy. Covered items include toughened safety glass and photovoltaic cells/modules (solar) and towers, bearing housings, gearboxes and wind-powered generating sets (wind), identified by specific HS codes. Import policy for these items remains "Free" — registration is an administrative monitoring/traceability layer, not a quota, licence-refusal power, or duty, but it creates a lead-time and port-specific compliance gate on renewable-hardware imports.
The Kachin Independence Organisation (KIO) formally introduced a Rare Earth Mining Management Regulation in October 2025, establishing permit procedures, investor obligations, environmental protection rules, chemical-use standards, labour provisions, and enforcement mechanisms for the heavy-rare-earth (HREE) mining industry it controls in Chipwi and Pangwa townships of Kachin State. The KIO assumed de facto territorial governance of Kachin Special Region No. 1 in October 2024 following KIA military operations, inheriting authority over hundreds of Chinese-operated extraction sites that collectively supply an estimated 60–70 % of China's heavy rare earth oxide imports (~41,700 t in 2023) — the proximate basis for China's ~95 % global market share in terbium, dysprosium, and holmium. The regulation formalises a permit-and-tax regime that includes an export levy of approximately 35,000 CNY/tonne (~USD 4,800), with export permission first reactivated by KIO on 27 March 2025 after a post-takeover suspension of all mining and export activity.