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News in week 7: statements of the European Commission on U.S. “fair and reciprocal plan” on trade; updated guidance documents on BTI, sampling, and sanctions against RU and BY; LED strip - change … in classification; anti-dumping duties on biodiesel imports; provisional anti-dumping duty on imports of decor paper; imports of fused alumina subject to registration; and more updates.

The EU Artificial Intelligence (AI) Act was created to manage the most important risks associated with the development and adaptation of this technology. Let’s take a look at the most discussed … risks associated with AI, as identified by various internet commentators, experts and members of the public.

News in week 7: statements of the European Commission on U.S. “fair and reciprocal plan” on trade; updated guidance documents on BTI, sampling, and sanctions against RU and BY; LED strip - change … in classification; anti-dumping duties on biodiesel imports; provisional anti-dumping duty on imports of decor paper; imports of fused alumina subject to registration; and more updates.

A recent case before the Court of Justice of the European Union raises the issue of the classification of an electric four-wheel vehicle for seniors traveling at speeds of up to 16 km per hour. … The classification as ‘other vehicles similar to golf carts’ and ‘wheelchairs/other vehicles designed for disabled persons’ was decided with a duty of 10% or 0%, respectively. Let us review the main highlights determining the classification of such goods.

News in brief: tariff notices; preparation for upcoming changes under the Windsor Framework; trade remedies notices; end of the Modernising Authorisations project; Russian sanctions evasion; … safety and security declaration requirements for importing goods from the EU; first Customs Technical Handbooks have been published.

The Pan-European-Mediterranean Zone was implemented in 2005. The idea was to create a cumulation zone between Europe and its neighbours and to encourage intra-regional integration by promoting … trade and cooperation. The PEM Convention allows for the cumulation of origin between different countries within the zone. Cumulation of origin is one of the ways to allow for greater flexibility when it comes to using raw and semi-manufactured materials in the production process. It allows a member of a trade agreement to use originating products from other members.

ESG stands for Environmental, Social and Governance, which are considered the three main pillars of ESG frameworks. These pillars cover key areas that companies must address and report on. The … purpose of ESG is to identify and consider non-financial risks and opportunities associated with a company's day-to-day operations.

CBAM goods are all goods for which the embedded emissions must be reported. In the EU, they are listed in Annex I to the CBAM Regulation.

Companies are legally required to keep records related to their import and export transactions. That includes commercial, customs and shipping documentation. The company needs to obtain some … of the documents from its freight forwarder, customs broker or other parties involved.