![]() |
On 19 July 2013, Myanmar/Burma’s reinstatement in the EU’s Generalised System of Preferences (“EU GSP”) will take effect and apply retrospectively from 13 June 2012. All products ‘originating’ in Myanmar, except ammunition and arms, will benefit from full duty-free and quota-free access to the EU market.[1] Claims for refunds of duty paid on imports from 13 June 2012 will be possible in certain circumstances. Myanmar/Burma’s reinstatement comes less than three months after the EU’s decision in May 2013 to formally lift its sanctions regime on Myanmar/Burma (with the exception of the arms embargo, internal repression controls and related ancillary services), as reported in our previous client alert. ● current importers of goods originating in Myanmar/Burma into the EU should identify whether imports were made between 13 June 2012 and 19 July 2013 with a view to submitting a belated claim for preference. Early engagement with the relevant EU Customs authority is advised to ensure the process is as smooth as possible and the claim is not time barred;
|
Client Alert: Myanmar/Burma to be Reinstated in EU’s Generalised System of Preferences
By Ross L. Denton, Jasper Helder, Erik T.H. Scheer, Nicole Looks, Giuliana Polacco, Ana Royuela and Pornapa Thaicharoen 3 Mins ReadCategories:
Author
Ross L. Denton
Author
Jasper Helder
Author
Erik T.H. Scheer
Author
Nicole Looks
Author
Giuliana Polacco
Author
Ana Royuela
Author
Pornapa Thaicharoen