2024 a New Year of customs challenges
The 2023 has been an year very rich in customs news which will impat on the custom operations and compliance.
We would list the following topics already published in our website:
- CBAM carbon border adjustments mechanism for which it is required to: 1) take into account HS codes;2) supply chain management; 3) special regimes; 4) made in/non-preferential origin; 5) customs value;
- The European regulantion on f-gases import;
- The due diligence on some goods (cattle,cocoa,palm oil, rubber, soya, wood,coffee) with specific focus on “deforestation and forest degradation”;
- The ecodesign, recycle and second life for batteries manufactured and imported into the EU;
- The free trade agreement with the New Zealand;
- The free trade agreement with EAC and Kenya;
- All the regulations on the critical raw materials (CRM);
- The postponment of the rules of origine for batteries and modules of batteries laid down in the trade cooperative agreement (TCA) between the EU and the UK;
The sustainability, the circular economy, the food sovereignty, the climate change are the pillars of the above mentioned categories of regulations that the trade compliance managers, the public bodies, the companies should know and implement.
From a customs persective, it is interesting to recal:
- New PEM rules;
- The consequences of the artifical intellingence on the customs operations and compliance;
- The stress on the AEO and trusted trader scheme.
- The European court of Justice jurisprudence on customs classification principles.
We hope that in the 2024 you can continue to enjoy the quantity and quality of our services and analysis. We wish you a prosperous and happy 2024.