Indonesian Ministry of Trade (MOT) issued a Regulation No. 36 of 2023 on Import Policy and Import Arrangement (âMOT Regulation 36â), which tighten the flow of imported goods into Indonesia through import restrictions. After MOT Regulation 36 started effective on 10 March, there have been business disruptions due to black-out period, difficult requirements to obtain the import approval and longer lead times for customs clearance (piling up of containers at the port) â eventually affecting…
Baker McKenzieâs Global Supply Chain Compliance Blog published âCBP to Deploy the Long-Anticipated UFLPA Region Alert,â which can be viewed here.
Baker McKenzieâs Global Compliance Blog published âSingapore: Fine imposed for the illegal import of food products,â which can be viewed here.
Baker McKenzie’s International Commercial & Trade Blog published “Vietnam: New decision imposes anti-circumvention measures on imported cane sugar,” which can be viewed here.
On January 8, 2021, the Department of State published in the Federal Register a notice [Public Notice 11297] updating the list of Participants eligible for trade in rough diamonds under the Clean Diamond Trade Act of 2003 (Public Law 108-19; the âActâ) and Section 2 of Executive Order 13312 of July 29, 2003, and their respective Importing and Exporting Authorities, revising the previously published list of July 5, 2019, to reflect the addition of the…
Shelter-in-place or stay at home orders have been prevalent throughout the United States since March 2020 as state and local governments have sought to protect their citizens from the spread of the COVID-19 virus. With the spread appearing to slow, several states are now implementing plans to revise and scale back these orders to re-open their economies. Keeping abreast of the evolving nature of these orders and plans is critical to the functioning of all…
On April 3, 2020, the US Treasury Departmentâs Office of Foreign Assets Control (âOFACâ) re-issued and extended General License No. 13E (âGL 13Eâ) to continue the validity period for transactions concerning Nynas AB and its subsidiaries (âNynasâ) that otherwise would be prohibited under Executive Order 13850 or Executive Order 13884 given Nynasâs 50% indirect ownership by PetrĂłleos de Venezuela S.A. (âPdVSAâ). The authorization was extended through 12:01 am EST on May 14, 2020. In a note accompanying GL 13Eâs issuance…
On 3 April 2020, the European Commission issued its Decision granting relief from customs duty and import VAT exemptions for equipment necessary for combating the COVID-19 outbreak, following its announcement of its intention to do so on 20 March 2020 (please see our previous blog post here). Goods will only be exempt from customs duty and import VAT if they: are imported by or on behalf of State organisations, or by or on behalf of organisations approved by…
On October 29, 2019, CBP issued CSMS #40430843 – Additional Duty on Products of the Countries of the European Union Under Large Civil Aircraft Section 301 Trade Remedy Action, which updates guidance provided in CSMS #40281968 on the same subject. It is reproduced below: BACKGROUND The U.S. Trade Representative has determined that the EU and certain member states have denied U.S. rights under the World Trade Organization (WTO) Agreement and have failed to implement WTO…
On October 10, 2019, the US Treasury Departmentâs Office of Foreign Assets Control (OFAC) designated Ajay Gupta, Atul Gupta, Rajesh Gupta, and Salim Essa of South Africa (âthe Guptasâ) as Specially Designated Nationals (âSDNsâ). The Guptas and their business associate, Essa, were designated in connection with their involvement in corruption under Executive Order 13818 (EO 13818), which implements and expands upon the sanctions authorities set out in the Global Magnitsky Human Rights Accountability Act. The…