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EU customs and trade news: March 2025
News in week 9: 16th sanctions package against Russia and Belarus; EU suspends restrictive measures on Syria key economic sectors; Commission simplifies rules on sustainability; CBAM simplification … package; PEM cumulation - updated matrix; initiation of an anti-dumping proceeding concerning certain cast iron articles; provisional anti-dumping duty on imports of epoxy resins; change of representative import price of certain poultrymeat; Trade Facilitation Agreement - eight years of cutting trade costs.
EU customs and trade news: March 2025
News in week 9: 16th sanctions package against Russia and Belarus; EU suspends restrictive measures on Syria key economic sectors; Commission simplifies rules on sustainability; CBAM simplification package; PEM cumulation - updated matrix; initiation of an anti-dumping proceeding concerning certain cast iron articles; provisional anti-dumping duty on imports of epoxy resins; change of representative import price of certain poultrymeat; Trade Facilitation Agreement - eight years of cutting trade costs.
Articles
Overregulation: how do we cope with it?
The recent cover of the weekly The Economist issue had a picture of red tape and the title “The revolt against regulation”. Some statistics from the articles on the topic: in the US, federal … regulations now exceed 180,000 pages, up from 20,000 in the early 1960s; in the past five years the European Parliament has enacted more than twice as many laws as America; red tape costs the French economy close to 4% of GDP every year. In this interview with Vincent van Dijk, Senior Advisor on Norm engineering and rule-based solutions, we invite consideration of ‘norm engineering’ as one of potential solutions of the growing problem, which we, customs practitioners, are also witnessing in our specific field.
Vincent van Dijk
Overregulation: how do we cope with it?
The recent cover of the weekly The Economist issue had a picture of red tape and the title “The revolt against regulation”. Some statistics from the articles on the topic: in the US, federal regulations now exceed 180,000 pages, up from 20,000 in the early 1960s; in the past five years the European Parliament has enacted more than twice as many laws as America; red tape costs the French economy close to 4% of GDP every year. In this interview with Vincent van Dijk, Senior Advisor on Norm engineering and rule-based solutions, we invite consideration of ‘norm engineering’ as one of potential solutions of the growing problem, which we, customs practitioners, are also witnessing in our specific field.
Vincent van Dijk
Something fishy here: which is the competent jurisdiction concerning damaged imported goods?
A food consignment arrived in Israel and was found to be damaged due to a lack of refrigeration. The importer uses the foreign forwarder who transported from abroad to Israel. Will the court … uphold the claim or will it decide that the claim should be adjudicated outside Israel? This will be discussed in this review in light of the court's recent decision.
Omer Wagner
Something fishy here: which is the competent jurisdiction concerning damaged imported goods?
A food consignment arrived in Israel and was found to be damaged due to a lack of refrigeration. The importer uses the foreign forwarder who transported from abroad to Israel. Will the court uphold the claim or will it decide that the claim should be adjudicated outside Israel? This will be discussed in this review in light of the court's recent decision.
Omer Wagner
EU customs and trade news: March 2025
News in week 9: 16th sanctions package against Russia and Belarus; EU suspends restrictive measures on Syria key economic sectors; Commission simplifies rules on sustainability; CBAM simplification … package; PEM cumulation - updated matrix; initiation of an anti-dumping proceeding concerning certain cast iron articles; provisional anti-dumping duty on imports of epoxy resins; change of representative import price of certain poultrymeat; Trade Facilitation Agreement - eight years of cutting trade costs.
EU customs and trade news: March 2025
News in week 9: 16th sanctions package against Russia and Belarus; EU suspends restrictive measures on Syria key economic sectors; Commission simplifies rules on sustainability; CBAM simplification package; PEM cumulation - updated matrix; initiation of an anti-dumping proceeding concerning certain cast iron articles; provisional anti-dumping duty on imports of epoxy resins; change of representative import price of certain poultrymeat; Trade Facilitation Agreement - eight years of cutting trade costs.
UK customs and law updates: February 2025
News in brief: Customs Technical Handbooks published; trade negotiations with India relaunched; Alcohol Duty Stamp Scheme to end on 1 May 2025; special procedure authorisation by declaration … enabled; information and resources compiled to help businesses prepare for the changes to the Windsor Framework; Mandatory Logistics Envelope available from 1 April 2025; UK Tariff updated; DBT national survey of registered businesses' export behaviour published.
UK customs and law updates: February 2025
News in brief: Customs Technical Handbooks published; trade negotiations with India relaunched; Alcohol Duty Stamp Scheme to end on 1 May 2025; special procedure authorisation by declaration enabled; information and resources compiled to help businesses prepare for the changes to the Windsor Framework; Mandatory Logistics Envelope available from 1 April 2025; UK Tariff updated; DBT national survey of registered businesses' export behaviour published.
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Glossary
Pan-European-Mediterranean (PEM) Zone
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.
Pan-European-Mediterranean (PEM) Zone
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.
Environmental, Social and Governance (ESG)
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.
Environmental, Social and Governance (ESG)
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.
Recordkeeping
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.
Recordkeeping
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.