Background On 4 March 2024 the Council of the European Union and the European Parliament reached a provisional political agreement on a new Regulation on Packaging and Packaging Waste (the “Regulation”). The Regulation will replace the current Packaging and Packaging Waste Directive 94/62/EC, aiming to reduce packaging waste and introducing a range of sustainability measures including a requirement for all packaging to be recyclable by 2030. The Regulation is an integral part of the European…
Mexico is in the international spotlight as a prime nearshoring destination. With record-breaking 2023 investment and trade numbers, and an upcoming presidential election, 2024…
Uncertainty reigns over the impact of post-entry adjustments of provisional customs values, mainly in the context of retroactive transfer pricing adjustments. Part of this…
Baker McKenzie’s Canadian international trade and customs team is publishing a series of articles reviewing 2023 trade and customs compliance developments and looking ahead…
In brief Proposed amendments to the Customs Rules (Rules) under sections 40(3), 41(4), and 120 of the Customs and Excise Act were published for…
While expectations remain low that federal lawmakers will be able to agree on controversial trade legislation, particularly in a presidential election year, chances are…
The transitional phase of the EU Carbon Border Adjustment Mechanism (“CBAM”) is now underway with the deadline for submitting the first CBAM quarterly reports…
The Department for Business and Trade (“DBT”) announced in a January 2024 Policy Update its intention to propose legislation in Spring 2024 which would…
Joint Commitment of Singapore and Malaysia to establish a Special Economic Zone in Johor The signing of a memorandum of understanding on 11 January…