EU Customs & Global Trade Member's Monitor - Week 17
Updated: May 2, 2022
Exclusive Analysis of Customs & Trade Law Only For Our Valued Members That Subscribe To Our Support Plans.
Content
EU Sanctions On Russia: What are the top 5 questions that companies are asking? + Answers & BONUS
There's A New Poster That Requires GB Visitors To The EU Not To Bring Fruit, Plants, Etc. - But It's OK for Northern Ireland
US products customs duty reduced to 0.01%
Changes to the EU Sanction's List for Myanmar/Burma
Changes to Iraq Sanctions
ADD on Chinese Tube extended to more TARIC codes and Taiwan
The majority of Turkey's complaints about the EU's steel safeguards are rejected by a WTO tribunal.
There is a WTO Panel's decision that Turkey cannot demand international pharmaceutical manufacturers to relocate their operations to the country in order for such medications to be reimbursed under Turkish social insurance programmes.
No More "I didn't know that."
Everyone knows that EU customs and global trade laws are constantly changing. Even for organisations that operate on a national or even international scale, this might be a source of concern. If you send goods throughout the globe without taking into account the most current government developments, your imports and exports may be affected. As a consequence, your company may find itself bogged down in red tape and miscommunications.
For Your Eyes Only
Due to this blog modification, we now send a weekly email to subscribers only. Neither newsletter subscribers nor regular members may access this update. This weekly email is filled with useful information and guidance on how to effectively and legally manage your imports, as well as an analysis of all customs and global trade trends, so you know you'll only receive relevant material that will help your company.
Why check the Official Journal of the EU?
In response to a question from one of our members, we've decided to monitor the "Official Journal of the European Union" every week. In the end, it's the official EU release. It is published in all of the member states' official languages every day. Only acts that have been published in the official journal are legally binding.
New EU legislation, directives, rules, and judgements are reviewed in each issue. It's very uncommon for changes in EU laws to impact both EU and non-EU businesses since the EU "run[s] the Customs Union" and has special competences in trade agreements, as well as lawmaking powers over EU export limits and penalties. A weekly examination of the latest legal developments is a good idea.
⇒ Tip: Scroll down to discover which "editions" we looked at for you the previous week. You may access each issue immediately by clicking on the issue - they are linked up
So, what have we found?
EU Council shares an infographic + FAQ on EU Sanctions on Twitter
The EU Council had updated and consolidated information on EU Sanctions o their website and provided wide-ranging information.
The page can be accessed here:
EU Sanctions On Russia: What are the top 5 questions that companies are asking? + Answers & BONUS
We have written a detailed expert blog from a business perspective that you may find useful: There are five critical questions that any EU firm working with Russia must be able to answer. You can find them right here
There's A New Poster That Requires GB Visitors To The EU Not To Bring Fruit, Plants, Etc. - But It's OK for Northern Ireland
In order to help visitors from other countries, the Commission has made a rule that requires posters to be put up that explain the rules and restrictions for bringing plants, plant products, and other items into the country. People can see where plants, fruits and vegetables can be imported without a phytosanitary certificate. It also shows which countries don't need one. People in the United Kingdom have to follow Regulation (EU) 2016/2031 and Commission decisions that are based on it, like Implementing Regulation (EU) 2020/181. Phytosanitary certificates for plants, fruits, vegetables, flowers, and seeds from Northern Ireland don't need to be given to them when they come from there. Annexe (EU) 2020/178 needs to be changed.
US products customs duty reduced to 0.01%
Due to the US not meeting its WTO obligations, the EU imposed a 4.3 per cent ad valorem customs charge on certain US goods. The WTO allows denying US concessions. The EU reviews the customs charges every year based on the damage caused by the US measures. The EU now says that the degree of damage to the EU has diminished and decreased the duty to 0.01 percent.
The products on which additional import duties are to apply are identified by their eight-digit CN codes. The description of products classified under these codes can be found in Annex I to Council Regulation (EEC) No 2658/87 (1).
0710 40 00
Ex90031900
‘frames and mountings of base metal’
8705 10 00
6204 62 31
Changes to the EU Sanction's List for Myanmar/Burma
The EU's system of sanctions attempts to help to maintain Myanmar's peace, stability, and security. It aims to support the peaceful conclusion of Myanmar's transition to democracy and oppose actions, policies, or activities that oppress the civilian people. To do this, the EU agreed to Regulation (EU) 401/2013. Last week, the EU has changed the list of people, groups, and bodies that aren't allowed in Annex IV of Regulation (EU) No 401/2013. Based on the analysis, nine listings need to be changed. This law comes into effect right away in all the member states. Our Assisted Restricted Party Screening Service (ARPSS) is available to all subscribers, and we provide a free test and a discounted screening plan for all of our valued members.
Changes to Iraq Sanctions
The EU restricts commercial and financial contracts with Iraq. On April 18, 2022, the UN Security Council Sanctions Committee resolved to remove two natural persons and one corporation from the list of those whose assets should be frozen. Among other things,
Rasheed Bank (which is also called Al-Rashid Bank, Al-Rashid Bank, and Al-Rasheed Bank. Its PO Box 7177 is on Haifa Street in Iraq's capital, Baghdad) is no longer in Annex III of Regulation 1210/2003. There are also some changes made to Annex IV of Council Regulation (EC) No 1210/2003. There's a man named Samie Mohammad Tabrah (alias Asil Tabra). There are many different names for the same person also on the list: Macki Hamoudat Mustafa, Mackie Hmodat, Mackie Hmodat, and General Maki Al-Hamadat. He was born in Mosul, Iraq, around 1934. Our Assisted Restricted Party Screening Service (ARPSS) is available to all subscribers, and we provide a free test and a discounted screening plan for all of our valued members.
ADD on Chinese Tube extended to more TARIC codes and Taiwan
Certain iron and steel tube and pipe fittings from China are subject to a long-term anti-dumping duty. This tariff was extended to certain iron and steel tube and pipe fittings from Taiwan, Indonesia, Sri Lanka, and the Philippines, even though they were not declared as such. There were errors in previous legislation as regards some exporters, and they have now been corrected. Also, this ADD duty is now extended to all imports of the same fittings (currently classified under TARIC codes 7307931191; 7307931991; 7307998092) from Taiwan (TARIC additional code A999), whether or not they are declared as originating in Taiwan, except those produced by Rigid Industries Co. Ltd, Kaohsiung (Taiwan) (TARIC additional code A099).'
The legislation we reviewed for you
29/04/2022 L126L127C175C176C177C178
DG TAXUD
Nothing to report
DG TRADE
The majority of Turkey's complaints to the EU's steel safeguards are rejected by a WTO tribunal.
Summary:
In March 2020, Turkey filed DS595.
The problem is the EU steel protection policy established in February.
Steel imports into the EU have surged owing to global overcapacity and rising trade obstacles, potentially harming EU steel manufacturers.
The US slapped a 25% tariff on steel imports in March 2018. This sent a lot of steel to the EU.
Overall, the WTO judgement is favourable to the EU since the most crucial issues were settled in its favour.
The panel clarified WTO safeguards rules, recognising the applicability of the safeguards instrument to protect local industries where they are significantly harmed or endangered by rising imports.
The panel deemed the EU steel safeguard WTO-compatible on the majority of the grounds raised by Turkey, but it also ruled that the EU safeguard measure lacked adequate rationale in three areas. In this respect, the EU will put the judgement into effect when it is officially adopted by the WTO.
The WTO panel report is the ultimate judgement, and it must be ratified by the WTO within the following 60 days in order to become legally binding. Following that, the EU will announce its plans for how it intends to execute the WTO judgement and how much time it needs for that purpose.
There is a WTO Panel's decision that Turkey cannot demand international pharmaceutical manufacturers to relocate their operations to the country in order for such medications to be reimbursed under Turkish social insurance programmes.
Other
No update available
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