Topic
easing
Logistics China's Panama-Flag Detention Campaign Starts to Ease, Data Shows
China’s detention of Panama-flagged ships dropped sharply in July to 16 from 140 in May, following Beijing–Panama City negotiations. Nearly 500 Panama-flagged vessels were detained since January, with the dispute rooted in the removal of CK Hutchison's Panama Ports Company from canal terminals.
Regulations & Compliance Centre eases BIS quality compliance with new risk-based framework for manufacturers
The Government of India has notified the Transition Facilitation (Quality Control) Order, 2026, introducing a risk-based compliance mechanism to ease industry adherence to Quality Control Orders. Eligible manufacturers can now use Scheme II (self-declaration) instead of requiring Scheme I (ISI Mark) certification, subject to criteria like technical capability and past compliance.
Trade US Eases Sanctions on Iranian Oil Exports as Talks Move Towards Final Peace Agreement
The US Treasury Department has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian crude oil, petroleum products, and petrochemicals, marking a significant sanctions relief measure. The move fulfills a commitment under a framework agreement reached last week as Washington and Tehran continue talks in Switzerland toward a final peace agreement.