• compliance e AEO

    Due diligence, import deforestation free goods and blockchain

    The EU Regulation 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest degradation and repealing Regulation (EU) No 995/2010” has the following goals: minimising the Union’s contribution to deforestation and forest degradation worldwide, and thereby contributing to a reduction in global deforestation; reducing the Union’s contribution to greenhouse gas emissions and global biodiversity loss The due diligence statement requires companies to collect information, identify risks and mitigate them, organise and keep the information and evidence relating to each relevant product for a period of five years from the date of placing, making available or…

  • circular economy,  compliance e AEO

    The next challenge of AEO: deforestation and CBAM

    Environment protection is one of the key factor of the European trade policy. This requires a strong due diligence for the import of relevant commodities and the export of relevant product to prevent deforestation and forest degradation linked to cattle, cocoa, coffee, oil palm, rubber, soya and wood trade and deployment. From the other side, from October 2023 the reporting required by the Carbon border adjustment mechanism will enter into force for the import of cement, iron and steel, aluminium, fertilisers, electricity and hydrogen. CBAM implies a good management of the following customs aspects required for the AEO: The customs classification will play an important role to well identify the…

  • compliance e AEO

    The ESG key legislative developments: deforestation, CBAM

    ESG (environmental, social and corporate governance) is the new approach of the European trade compliance policies and is a business framework for considering environmental issues and social issues in the context of corporate governance.  This means that businesses must seek greater visibility of their suppliers’ operations and ensure certain environmental, human rights and governance safeguards, including driving ESG commitments into their supply contracts. The key pieces of legislation introduced are: deforestation risks: EU Deforestation Regulation (EUDR) requires extensive due diligence obligations on the value chain for all operators and traders dealing with certain products derived from cattle, cocoa, coffee, oil palm, rubber, soya and wood. It is important to ensure…

  • compliance e AEO

    Customs classification, relevant goods and trade compliance

    The EU Regulation 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest degradation and repealing Regulation (EU) No 995/2010” has the following goals: minimising the Union’s contribution to deforestation and forest degradation worldwide, and thereby contributing to a reduction in global deforestation; reducing the Union’s contribution to greenhouse gas emissions and global biodiversity loss Relevant commodities and relevant products will not be placed or made available on the market or exported, unless all the following conditions are fulfilled: (a) they are deforestation-free; (b) they have been produced in accordance with the relevant legislation of…

  • circular economy,  compliance e AEO

    New EU regulation on deforestation and forest degradation products free: a short introduction

    On 9 June 2023 the EU regulation 2023/1115 “on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest degradation and repealing Regulation (EU) No 995/2010” has been published in the EU official journal. Some of the key-concepts of this legal source are: according to FAO (food and agricolture organization) the deforestation and forest degradation are taking place at an alarming rate; Deforestation and forest degradation contribute to the global climate crisis in multiple ways; Climate breakdown induces the loss of biodiversity globally and biodiversity loss aggravates climate change; Biodiversity is essential for the resilience of ecosystems…

  • circular economy,  compliance e AEO

    Import, trade compliance and deforestation: check on the relevant commodity

    How will work the regulation on the goods relesead by improving the deforestation of third countries? The regulation: list the relevant commodities and products; Lays down that the relevant commodities can be placed or made available on or exported outside the EU market, if they comply with the following three conditions. These conditions are: -the goods must be “deforestation-free”; it means  that: 1) the menttioned goods were produced on land that has not been subject to deforestation after 31 December 2020; 2) that the harvested wood did not induce forest degradation after 31 December 2020; -the goods must be produced in line with the relevant legislation of the country of…

  • circular economy,  compliance e AEO

    EU regulation on deforestation-free products

    On 19 April 2023, the European Parliament approved the regulation on deforestation-free products which: prohibits the placement of a number of agricultural and livestock products originating from deforested or degraded forest areas on the EU market; is part of European Green Deal; bloks imports associated with deforestation, particularly cattle (whether live, meat or leather), cocoa, coffee, palm oil, soy, timber and rubber. Now it is expected the endorsement by the European Council. The regulation will effectively be implemented 18 months after it comes into force. During this period, the European Commission will adopt implementing acts enabling member states and their respective customs authorities to apply the regulation, and also initiate…