-
CBAM: EU information guide for importer of cement
The EU Commission published the “CBAM information guide for importer of cement” where: Explains that “…importer must report quarterly on the quantities of cement goods you import into the EU, and the greenhouse gas emissions released as they were produced (embedded in those goods); Recalls that “…any monetary payments until 2026, from which point the importer or his customs representative will be expected to buy and surrender CBAM certificates corresponding to the quantity of embedded emissions in the goods…”; Provides this checklist: Lists the following key points for the reporting activity: The quantity of cement products (in tonnes) in the scope of CBAM being imported to the EU during the…
-
CBAM: EU information guide for importer of aluminum
The EU Commission published the “CBAM information guide for importer of aluminum” where: Explains that “…importer must report quarterly on the quantities of aluminium goods you import into the EU, and the greenhouse gas emissions released as they were produced (embedded in those goods); Recalls that “…any monetary payments until 2026, from which point the importer or his customs representative will be expected to buy and surrender CBAM certificates corresponding to the quantity of embedded emissions in the goods…”; Provides this checklist: https://europa.eu/!nF6C6q; Lists the following key points for the reporting activity: a) The quantity of aliminium products (in tonnes) in the scope of CBAM being imported to the EU…
-
CBAM guidance for operators and installations outside the EU
As we know, since the 1 October 2023 is entered into force the Carbon Border Adjustment Mechanism – CBAM. By means of Guidance document on CBAM implementation for installation operators outside the EU, EU gives some suggestions to the operators of installations outside the European Union. In particular, the Guidance document on CBAM implementation for installation operators outside the EU provides some practical guidelines to the operation of installations outside the European Union. Question n.1 : Are you an operator of an installation producing “CBAM goods”? To answer, the operator has to check: a) the goods produced and exported to EU ( cement, iron and steel, aluminium and some chemical…
-
MERCOSUR and EU: again troubles about environmental safeguards
MERCOSUR was reached in 2019 after two decades of negotiations but has been on hold due to environmental concerns. In 2023 the EU presented Mercosur with an addendum to the agreement that included environmental safeguards to address reservations by many EU member states. Mercosur led by Brazilian Presidency has still to provide with a feedback
-
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…
-
Free trade agreement EU, New Zealand, trade and forest
The EU and New Zealand recognise the importance of the conservation and sustainable management of forests for providing environmental functions and economic and social opportunities for present and future generations. Therefore, EU and New Zealand are committed to: combat illegal logging and related trade and in general any form of wood from deforestation or forest degradation activity; promote the conservation and sustainable management of forests and trade in forest products harvested in accordance with the law of the country of harvest and from sustainably managed forests; exchange of information.
-
EU, New Zealand, Trade and climate change
EU and New Zealand recognise, in their free trade agreement which has to enter into force, the importance of taking urgent action to combat climate change and its impacts, and the role of trade in pursuing this objective, consistent with the United Nations Framework Convention on Climate Change done at New York on 9 May 1992 “UNFCCC”), the purpose and goals of the Paris Agreement, and with other MEAs and multilateral instruments in the area of climate change (called also climate crisis). From a practical point o view the EU and New Zealand are committed to: promote the mutual supportiveness of trade and climate policies and measures,; facilitate the removal…
-
Multilateral environmental agreement and FTA EU and New Zealand
The EU and the New Zealand recognise the importance of international environmental governance, in particular the role of the United Nations Environment Programme (UNEP) and its highest governing body, the United Nations Environment Assembly (UNEA), as well as multilateral environmental agreements (“MEAs“), as a response of the international community to global or regional environmental challenges and stress the need to enhance the mutual supportiveness between trade and environment policies.
-
Short check of the free trade agreement EU and New Zealand
The free trade agreement (FTA) between New Zealand and EU: Applies to: a) the EU customs territory; b) the territory of New Zealand but does not include Tokelau; Provide the “non alteration priciple”, if there is not a direct trasport. Thanks to a non-manipolation certificate it is possible to store the originating goods in anoter country that the parties of the free trade agreement; Provides that the claim of preferential origin by means of either the statement of origin or the knowlwdge of importer; Provides the opportunity to release for a statement for multiple shipments of identical products imported into a Party within the period specified in the statement on…
-
Chips act, EU trade policy and semiconductor
On 25 July 2023 the European Council approved the regulation to strengthen Europe’s semiconductor ecosystem, better known as the ‘Chips Act’ which aims to: create the conditions for the development of a European industrial base in the field of semiconductors; attract investment; promote research and innovation; prepare European Union for any future chip supply crisis. From a customs perspective, the chips generate consequenses on: value; origin; classification; compliance.