The Customs Watch EU & UK- Edition 19
- Arne Mielken
- May 20
- 2 min read
EU-UK Reset Agreement In Focus – New Eu Classification Decision List – Important Valuation Ruling + AI Impact / Invoice Errors / Benefits of Compliance Audits
Dear Colleague,
Welcome to a Sneak Peek into the 19th Edition of The Customs Watch EU & UK – A Must-Read PDF Edition!
In this edition of The Customs Watch, we spotlight key developments shaking up trade and customs:
The EU and the UK agreed a revised partnership. We cover everything you need to know and provides all the summaries and details in six special reports:
Special Report I: The EU-UK Agreement in a Nutshell
Special Report II: EU-UK – Official Common Understanding – Summary
Special Report III: What exactly is agreed as regards SPS between the UK and the EU?
Special Report IV: EU & UK CBAM Obligations Mutually Exempted?
Special Report V: All Official Documents of the EU-UK Agreement For Download
Special Report VI: My Opinion on the EU-UK Deal - EU-UK “Reset”: A Moment to Seize or a Missed Opportunity?
Other important updates we cover:
EU Classification Decisions: The European Commission has published a consolidated list of valid Classification Regulations aligned with the 2025 Combined Nomenclature, simplifying tariff classification and promoting uniform application across the EU. Download the document in the Customs Watch EU & UK.
EU VAT: On May 15, 2025, the EU proposed and announced a new, comprehensive VAT framework for e-commerce imports to simplify trade, compliance, and tax collection, primarily for goods under €150, by enhancing digital platform roles, simplifying procedures for non-EU sellers, expanding IOSS, and introducing new technological solutions. We have details.
CJEU Valuation Ruling: A landmark decision affirms the use of provisional pricing in customs valuation—We have all the details.
Our Insights:
Artificial intelligence: is revolutionizing trade compliance operations by automating key functions, enhancing risk management, and shifting the role of compliance professionals toward strategic oversight and AI governance. We have a report.
Audit Payoff: Customs audits are delivering big—recoveries are up 164% since 2020. We share tips to turn compliance into profit.
Let’s Dive into the Customs Watch now!
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