Our speakers provided a global overview of the hot topics and key trends across customs law and policy. A diverse range of regional trends were spotlighted across the US, EU, UK, Latin America, Asia Pacific, Africa and Middle East. This included the ânew eraâ of digitisation and data sharing between customs authorities in the EU, the focus on trade facilitation across Latin America and Africa to promote regional economic growth, the convergence with the Russia…
On 3 April 2025, the UK Government published a consultation on the impact of any future tariffs on UK imports from the US. The consultation followed an announcement by the UK Trade Secretary in Parliament that the UK Government is considering âevery optionâ in response to US President Trumpâs imposition of âLiberation Dayâ import tariffs on the UK of 10%. For further details regarding the announcement of these tariffs and the global impact, please see our blog…
As reported in our earlier blog here, on Monday 10 February 2025, President Trump announced that 25% tariffs will be imposed on all steel and aluminum products imported into the United States (âUSâ), including from the EU and the UK which were previously subject to exclusions. These tariffs are due to come into effect on 12 March 2025. The key question now is how other jurisdictions such as the EU and the UK will retaliate. …
On 23 September 2024, the European Commission published the proposal to amend the EU Combined Nomenclature (âCNâ). We set our below key updates in this proposal: The declaration of goods upon import, export, or when subject to intra-Community trade statistics between EU Member States is based on the CN. This sets the customs duty rate that is applicable as well as determines how the products are handled for statistical purposes. Therefore, the CN is an…
For the third week, we continued our Annual Compliance Conference with key customs developments impacting on businesses today. Specifically, we discussed the reform of the Union Customs Code in the EU, key trending customs developments in EMEA, and different methods of driving significant financial savings in global supply chains. EU customs reform: biggest overhaul since 1968 Tuesday 14 May SPEAKERS: Nicole Looks (Partner, Amsterdam), Thomas Kukanza (Senior Trade Advisor, Brussels), Sylvain Guelton (Senior Associate, Brussels),…
The ratification of two of the worldâs mega-regional free trade agreements, namely the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marks a significant milestone for Malaysia in its pursuit of bolstering foreign investments and expanding its trade horizons. Malaysia has successfully ratified the RCEP on 17 January 2022, followed by the ratification of the CPTPP on 30 September 2022. Subsequently, the RCEP came into force on 18…
Following the passing of a suite of legislations, sales tax at the rate of 10% will be imposed on low value goods (i.e., all goods outside Malaysia which are sold at a price not exceeding RM 500 and brought into Malaysia via land, sea or air modes) (“LVG”) sold by a seller (i.e., a person who sells LVG on an online marketplace or operates an online marketplace for the sales and purchase of LVG) (“Seller”).…