Emerging Markets- Highlight
19 Nov 2018
Back on track after a few years in the wilderness, attendees at the Busan International Film Festival were keen to see South Korea's movies cross the digital frontier, while talk also focused on launching a pan-Asia film promotion body.
While the North American free trade area will remain essentially intact under the new USMCA deal that will replace the 24-year-old NAFTA, products will generally face more demanding compliance requirements for duty-free treatment. To cope with the more stringent origin rules and limit on the use of foreign components, Hong Kong businesses should ensure they are aware of the new deal’s key changes and impacts on their exports.
Turkey’s ambitious incentive programmes provide local and foreign investors equal access to a wide range of support measures, including various fiscal incentives, land allocation and interest rate support. The project-based incentive scheme, which came into force in late 2016, further enables investors to tailor their own incentive package from a pool of support instruments in order to make their investment the most feasible and profitable.