On Tuesday 5 March 2024, the European Council and European Parliament reached a provisional agreement on the EU Forced Labour Regulation (“Regulation”), which will prohibit the placing and making available on the EU market, or the export from the EU market, of products made, extracted or harvested using forced labour. It is expected that the Regulation will enter into force by the summer of 2024. This follows the Commission’s proposal of the Regulation on 14…
Background On 4 March 2024 the Council of the European Union and the European Parliament reached a provisional political agreement on a new Regulation…
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…