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Customs/Imports

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The Ministry of Trade amended the Customs Regulation (“Regulation”) on 25 May 2022. Amendments include a simplified authorized sender declaration as well as changes to regulations covering: declaration periods for imports with unknown values; delivery of goods; incomplete export declarations and supplementary export declarations; general warehouse storage and permits, the cost of customs laboratory testing; and, companies established by authorized customs consultants.The main amendments introduced to the Regulation are as follows: The period granted for…

Brexit has given rise to a significant increase in customs representation in the EU and more particularly for non-EU established entities. Many UK companies, who no longer qualify as established in the EU, were required to appoint indirect representatives to import goods on their behalf into the EU market. Indirect representation means that the party clearing the goods and submitting the declaration is jointly liable for the content of the declaration and the customs debt…

The Customs Expert Group of the European Commission’s DG TAXUD on ‘Import and Export formalities’ met on 16 March 2022. The minutes of the meeting have been released on 25 April 2022. Several topics were discussed, notably the following subjects: The new guidance on the Interpretation of Article 173 of the Union Customs Code (UCC) on the amendment of the customs declarations: in this guidance, it will be reminded that the customs declaration should reflect…

Representatives of the EU and New Zealand held negotiations from 14 to 31 March 2022, discussing most areas of the future free trade agreement between the jurisdictions. According to a two-pager published by the European Commission, EU’s request to be exempt from New Zealand’s import customs fees is the only outstanding element in the text as far as the topic “Trade in goods” is concerned. Various items remain open in respect of Rules of Origin…

Baker McKenzie’s Sanctions Blog published the alert titled Australia to increase tariffs for products from Belarus and Russia; and introduces new luxury goods export sanctions for Russia on 05 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

On 31st of March 2022, the Wise Persons on Challenges Facing the Customs Union (WPG) released its report on the future of the EU customs union. The WPG has been appointed by the Commissioner Gentiloni to reflect on the development of innovative ideas and concepts. This report aims to contribute to a general inter-institutional debate on the future of the customs union. With the complexification of supply chains, the digitisation of the economy and the…

The first wave of retaliatory tariffs against certain Chinese-origin goods (the so-called Section 301 duties) are set to terminate under the Trade Act of 1974 (“Trade Act”). By statute, the measures terminate after 4 years unless an affected party benefitting from the tariffs submits a request to the United States Trade Representative (“USTR”) that the action be continued within the final 60-days of the 4-year period. Once such a request is submitted, the USTR must…