As of 1 January 2024, Switzerland will abolish its industrial tariffs on the import of industrial goods. This measure will apply to goods in chapters 27 to 97 of the Customs tariff, with the exception of some products in chapters 35 and 38 which are classified as agricultural products. Removing industrial tariffs will strengthen Switzerland’s position as a strong business and industrial location. The potential welfare gains are estimated at some CHF 860 million. Whereas…
Baker McKenzie’s Global Supply Chain Compliance blog recently published “UK publishes further details of Forest Risk Commodities regime,” which can be viewed here.
On 7 December 2023, the government announced a package of customs simplification measures to simplify export and import processes for traders. These measures are…
Please join Baker McKenzie and ICPA for a fireside chat with Assistant Secretary Axelrod (U.S. Department of Commerce’s Bureau of Industry and Security) where he will…
The bonded system allows foreign goods to be stored, processed and displayed in warehouses, factories, museums and other facilities that have been approved by…
The Indonesian government is currently trying to tighten the flow of imported goods into Indonesia. As part of that effort, the government aims to…
On 15 November 2023, the European Public Prosecutor’s Office (“EPPO”) uncovered a EUR 200M customs and VAT fraud scheme. This is yet another case of the…
In the Court of Justice of the EU (“CJEU”) judgment of 23 November 2023 in case C-653/22 J.P. Mali, the CJEU ruled on the…
Companies importing goods into the EU should be aware of a recent uptick in investigations into alleged circumvention of EU anti-dumping and/or anti-subsidy duties,…