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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…
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New elements of the modernized FTA EU Chile
The main aspects of the modernized FTA (free trade agreement) between the UE and the Chile are: accounting segregation for fungible materials; non alteration principle; claim for preferential tariff treatment by means of either statement of origin (with REX for EU economic operators) or importer knowledge; requirement of record keeping; bilateral cumulation EU-Chile; right of the parties to study more complex ways of cumulation. The AEO authorization can support the economic operator in ensuring high compliance with the obligations of the FTA.
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EU and Ghana Rex from 20 August 2023
According to the notice “concerning valid proofs of origin for products originating in Ghana on importation into the European Union as from 20 August 2023 under the EU- Ghana stepping-stone Economic Partnership Agreement (2023/C 245/06)” published on 12 July 2023, the preferential origin for Ghanian originating goods imported into the EU will be allowed only with a statement of origin with an exporter registered (REX) in accordance with the relevant provisions of Ghanaian law. It is expempted only any consignment consisting of one or more packages containing originating products whose total value does not exceed EUR 6 000.
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Free trade agreement Switzerland Israel: list of not eligible places
On 5 July 2023 Swiss customs published the list of non eligible places (of origin) for which the free trade agreement between Switzerland and Israel (preferential origin-preferential treatment) is no applicable.
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New GSP framework, sustainable development and good governance: a short check
The new GSP regulation -to be adopted within the 2027- mantains: the three group of beneficary countries: “…The scheme provides for the following tariff preference arrangements: (a) a standard arrangement (‘Standard GSP’); (b) a special incentive arrangement for sustainable development and good governance (‘GSP+’); (c) a special arrangement for the least-developed countries (Everything But Arms (‘EBA’))…”; The difference between the sensitive and non sensitive goods; The nature of unilateral preferential treatment for goods originating from eligible countries; The list of commodities (HS codes); The need of formalities. The import operations from GSP countries can impact on the AEO internal monitoring.
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EU, Kenya negotiations for a free trade agreement
According to a press release of EU Parliament: On 19 June 2023, the EU and Kenya concluded negotiations on an economic partnership agreement (EPA); The text of the EPA or FTA (free trade agreement-preferential origin) includes binding provisions on trade and sustainable development; This text must be: a) gone through legal revision; b) submitted for signature and conclusion to the Council; c) signed by EU and Kenya; d) accepted by the EU Parliament; e) ratified by Kenya and the EU Member states. Futhermore, after the consent by the European Parliament, the parties may decide to provisionally apply parts of the agreement
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Free trade agreement, European Union and New Zealand
European Council as stated in the decision n. 2023/1323 of 27 June 2023 and published on 30 June 2023is authorized to sign the free trade agreement with the New Zealand. It is stated that “…The signing, on behalf of the Union, of the Free Trade Agreement between the European Union and New Zealand (‘the Agreement’) is hereby authorised, subject to the conclusion of the said Agreement…”. The compliance with the protocol of origin of the mentioned FTA is required to both claim for the preferential origin (preferential treatment) and prevent the AEO authorization from any infringiment of the required standards (article n.39 UCC). Finally, it is important to recall that…
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FTA between UK and Australia entered into force on 31.05.2023
According to the press release of the Austrialian department of Trade and Tourism the FTA between UK and Australia entered into force on 31.05.2023. This press release states that: “…As of today, over 99 per cent of Australian products will enter the UK duty free. These include some of our key exports, such as wine, short and medium . UK tariffs on Australian industrial goods, such as auto parts, electrical equipment and fashion items are now eliminated. Australian agricultural products, including beef and sheep meat, sugar and dairy products, will have duty free transitional quotas, with eventual elimination of all tariffs. For Australian consumers, tariffs on 98 per cent of…
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European Union, circular economy and customs compliance
The report “Squaring the Circle. Policies from Europe’s Circular Economy Transition” published in December 2022 by the highlights (among other thinks) the following peculiarities of the European circular economy: The private sector is playing a crucial role in the enforcement of the circular economy with its trade and environmental policies; Customs controls on the ecodesign compliance of the products (like the batteries). Indeed: “…New policy proposals are shifting the focus upstream toward more sustainable and circular products. With the proposal for a new Ecodesign for Sustainable Products Regulation (ESPR) published in March 2022, the EC has presented a framework that will allow it to regulate circularity requirements for almost all…
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Windsor Framework: formal approval
How do you manage your business with the UK? Do you like to be up-to-date? You should know that on 24.03.2023 the Windsor Framework (for the management of the North Ireland’s borders in the trade flows between the UK and the EU) has been formally approved and ratified by both the parties. The package of measures underlying the Framework is complex: it comprises 14 separate instruments, including: a political declaration, various instruments to be confirmed by the UK and the EU in the Withdrawal Agreement Joint Committee (“WAJC“). As we informed in 9.3.2023 two different categories of customs treatment are laid down: Goods moved from Great Britain to Northern Ireland,…