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United States Deforestation Bill of 2023: What lies ahead?
The U.S. Deforestation Bill was introduced in the Senate in November 2023. It aims to combat illegal deforestation by prohibiting the importation of products obtained, in whole or in part, from … certain commodities produced on lands where illegal deforestation is occurring, and for other purposes. The legislative process is ongoing. The main points of the bill and related implementation issues are summarised and analysed in the article below.
Ira Reese
United States Deforestation Bill of 2023: What lies ahead?
The U.S. Deforestation Bill was introduced in the Senate in November 2023. It aims to combat illegal deforestation by prohibiting the importation of products obtained, in whole or in part, from certain commodities produced on lands where illegal deforestation is occurring, and for other purposes. The legislative process is ongoing. The main points of the bill and related implementation issues are summarised and analysed in the article below.
Ira Reese
AfCFTA: Towards harmonisation of rules of origin
The African Continental Free Trade Area (AfCFTA), approved in 2012 by the African Union’s (AU) 18th Ordinary Session of Assembly of Heads of State and Government, is one of the Flagship Projects … of the AU’s Agenda 2063. The Action Plan for Boosting intra-African trade has a strong focus on accelerating intra-African trade and boosting Africa’s trading position in the global market, in particular through implementation of trade facilitation standards and tools. We provide a brief overview of AfCFTA rules of origin.
Mette Werdelin Azzam
AfCFTA: Towards harmonisation of rules of origin
The African Continental Free Trade Area (AfCFTA), approved in 2012 by the African Union’s (AU) 18th Ordinary Session of Assembly of Heads of State and Government, is one of the Flagship Projects of the AU’s Agenda 2063. The Action Plan for Boosting intra-African trade has a strong focus on accelerating intra-African trade and boosting Africa’s trading position in the global market, in particular through implementation of trade facilitation standards and tools. We provide a brief overview of AfCFTA rules of origin.
Mette Werdelin Azzam
EU law news March 2024
News in week 12: Proposed tariffs on grain imports from Russia and Belarus; EU-Vietnam FTA - update to HS2022; EU and the Philippines resume negotiations for FTA; Harmonized System Committee … - preparations for HS2028; updated annex to Explanatory Notes to Chapter 44 of the HS; CJEU accepted a request for a preliminary ruling as regards amendment of a lodged customs declaration to change indirect representation to direct; reform of the Statute of the CJEU - jurisdiction to give preliminary rulings on customs, VAT and excise goes to the General Court; actions to combat counterfeiting and better protect intellectual property rights.
EU law news March 2024
News in week 12: Proposed tariffs on grain imports from Russia and Belarus; EU-Vietnam FTA - update to HS2022; EU and the Philippines resume negotiations for FTA; Harmonized System Committee - preparations for HS2028; updated annex to Explanatory Notes to Chapter 44 of the HS; CJEU accepted a request for a preliminary ruling as regards amendment of a lodged customs declaration to change indirect representation to direct; reform of the Statute of the CJEU - jurisdiction to give preliminary rulings on customs, VAT and excise goes to the General Court; actions to combat counterfeiting and better protect intellectual property rights.
Customs data requirements in the EU – latest changes
The Union Customs Code and related regulations set out, among other things, the requirements for the data to be submitted to customs. Normally, these regulations are not often amended. However, … this has not been the case recently, see ‘EU law news February 2024’. In this article, we provide an overview of some of the latest changes to the data elements and invite readers who are new to the subject to familiarise themselves with the data tables and the new definitions such as sub-elements, sub-classes and attributes.
Jurgita Stanienė
Customs data requirements in the EU – latest changes
The Union Customs Code and related regulations set out, among other things, the requirements for the data to be submitted to customs. Normally, these regulations are not often amended. However, this has not been the case recently, see ‘EU law news February 2024’. In this article, we provide an overview of some of the latest changes to the data elements and invite readers who are new to the subject to familiarise themselves with the data tables and the new definitions such as sub-elements, sub-classes and attributes.
Jurgita Stanienė
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Other legislation applied by the EU customs authorities
‘Other legislation applied by the customs authorities’ means legislation other than customs legislation applicable to the goods entering, exiting, passing through the customs territory of the … Union, or to be placed in the Union market, in the implementation of which the customs authorities are involved.
Other legislation applied by the EU customs authorities
‘Other legislation applied by the customs authorities’ means legislation other than customs legislation applicable to the goods entering, exiting, passing through the customs territory of the Union, or to be placed in the Union market, in the implementation of which the customs authorities are involved.
EU Customs Data Model (EUCDM)
The electronic customs declaration consists of data elements that should be harmonised worldwide so that customs can verify the data flow from the exporting country to the importing country. … The World Customs Organisation has developed the WCO data model, which provides a universal language for cross-border data exchange. The EU has adopted this model for its own purposes and for trans-European use.
EU Customs Data Model (EUCDM)
The electronic customs declaration consists of data elements that should be harmonised worldwide so that customs can verify the data flow from the exporting country to the importing country. The World Customs Organisation has developed the WCO data model, which provides a universal language for cross-border data exchange. The EU has adopted this model for its own purposes and for trans-European use.
Transfer pricing - EU law
Transfer pricing is a rule that was designed in international taxation to establish which part of the income within a multinational enterprise needs to be allocated between two companies in the … same group if they have a transaction between them. The rule, in general, is that they need to act as if they were third parties in order to establish the third-party price. Transfer pricing is important for determining the customs value of goods.
Transfer pricing - EU law
Transfer pricing is a rule that was designed in international taxation to establish which part of the income within a multinational enterprise needs to be allocated between two companies in the same group if they have a transaction between them. The rule, in general, is that they need to act as if they were third parties in order to establish the third-party price. Transfer pricing is important for determining the customs value of goods.