An increase in Spain’s defense budgets launches new prospects.

The European Union launched initiative to promote precision viticulture.

U.S. auto tech companies may find market entry opportunities in the development of autonomous driving in Japan.

The 5G frequency auction concluded on Oct. 18, 2023. Each of the four major Polish telecom companies (Orange, Play, Plus, T-Mobile) bought one frequency block.

South Korea set a record budget for its space programs to grow the space industry and build a solid foundation for a space economy. 

Smart Cities concept is growing steadily in Croatia, supported by European Union funds.

The development of the Offshore Wind projects entails numerous opportunities for U.S. companies as the supply chain for this sector is under construction. 

Indonesia extends its most-favored-nation (MFN) tariff coverage, with new tariffs imposed on cosmetics, bicycles, wristwatches, and iron/steel imports.

Indonesia’s in-country post-market testing for medical devices is a new requirement about which U.S. healthcare companies should be aware.

On August 1, 2023, the UK Department for Business and Trade announced an indefinite extension to the use of CE marking for businesses.

On Oct 4, 2023, UK Prime Minister Sunak announced the cancellation of the Birmingham to Manchester segment of the HS2 project but opportunities still exist.

Panama has seen the growth of the telemedicine market in recent years. 

The Mexican Government restricted the importation of lubricants, certain fuels biodiesel, fuel additives, and chemicals into Mexico. 

Tourism from Panama to the United States has been a significant and growing sector in recent years.

SAT/Mexican IRS announced on September 25, 2023 the new version 3.0 of the Carta Porte Supplement. This update officially takes effect on November 25, 2023.