-
OECD, AEO and goods and services in international trade
Our focus into AEO and customs compliance brings us to read and share (very shortly) the very interesting OECD Policy paper n.274/2023 “interactions between goods and services in international trade” which: “…examines whether the customs valuation systems and rules of origin are sufficiently attuned to the changing landscape of commercial realities characterised by new and diverse configurations of goods-services trade…”; “…suggests that, while goods-services interactions in international trade do not require a radical restructuring of existing trade law, challenges for the current approaches and practices for customs valuation and origin determination call for policy solutions specific to each type of goods-services configuration…”; Identifies and distinguishes the following trade configurations (goods-services)…
-
Negotiations on EU-US Critical Minerals Agreement
The EU Council published on 20 July 2023 a press release where it annouces that: The Council adopted a decision authorising the Commission to: a) open negotiations, on behalf of the EU, with the United States on a Critical Minerals Agreement (CMA); b) release the related negotiating directives. The goals are to strengthen critical minerals supply chains and mitigate some of the negative repercussions of the US Inflation Reduction Act (IRA) on EU industry. The next steps will be: The EU Council has to provide for a mandate to Commission; the Commission will be able to engage in formal negotiations with the US with a view to concluding the agreement…
-
CBAM and French customs
The French Customs shared in its website some contacts about the CBAM. In particular, questions.MACF@developpement-durable.gouv.fr for the environmental goals; MACF@dgtresor.gouv.fr for the trade policy issues; dg-comint2@douane.finances.gouv.fr for the customs and compliance issues. The CBAM is a new obligations of EU importer of some goods and requires an approach based on the compliance of AEO (OEA in French).
-
Critical raw minerals and EU committee of Regions
The Council of the European Union published on 27 July 2023 the opinion of the European Committee of the Regions on the critical raw materials act. About the trade, the European Committee of the Regions underlined that: “…To take account of possible technological and economic changes, the Commission should, in continuation of current practice, periodically perform an assessment based on data for production, trade, applications, recycling, sustainability and substitution for a wide range of raw materials to update the lists of critical and strategic raw materials reflecting the evolution in the economic importance and supply risk associated with those raw materials…”; “…The EU Supply Chain Act should also include the…
-
Guadelupe and new rate of octroi de mer
Guadeloupe is part of DROM (domains region outre mer). From a customs point of view it means that: a) the goods with EU status do not pay any duty; b) pay only the octroi de mer whose rate changes since 1 August 2023.