On 21 February, 2019, the Department for International Trade (DIT) issued guidance entitled, Existing trade agreements if the UK leaves the EU without a deal, which sets out the status of those agreements (free trade agreements, economic partnership agreements, association agreements and customs union) that may not be in place by exit day. It also links to trade agreements that have been signed and mutual recognition agreements that have been signed.
In view of accelerating the establishment of domestic production and improving trade balance deficits, Algeria introduced in the Supplementary Finance Law for 2018 a provisional additional safeguard duty (the so-called “DAPS”) set at between 30% and 200% applicable to goods import transactions.
On June 13, 2018, the Department of State (State) published in the Federal Register a notice [Public Notice: 10444] indicating that the Government of Algeria has made a request to the Government of the United States under Article 9 of the 1970 UNESCO Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property. State received this request on February 27, 2018. Algeria’s request seeks US import…
The 2017 Finance Law
1. The Algerian Finance Law for 2017 (the “2017 FL”), which is effective as of January 1, 2017, attempts to make up for the shortfall in oil and gas revenues through a number of tax increases or new taxes.
On 24 October 2013, the European Commission announced that it had adopted proposals to extend the partial exemption from duty drawback prohibition in the origin protocols to the Association Agreements with Algeria, Egypt, Jordan, Morocco, Palestine and Tunisia until 31 December 2015. These measures continue to allow imports free of customs duty into the EU of products originating in these countries, without them having to levy full customs duty on imported materials used in the…