In the March 25 edition of the Official Journal of the European Union the following trade-related notices were posted:
An agreement to create a new European Union tariff-rate quota for poultry mostly from China will take effect April 1, according to a notice in the March 25 Official Journal. The agreement resolves a World Trade Organization dispute between the EU and China that was the subject of a WTO panel report issued in 2017. Under the agreement, the EU will set a TRQ of 6,060 tons for goods of tariff line 1602.3929 with an in-quota rate of 10.9%, allocating 6,000 tons of that quantity to China; and a TRQ of 660 tons for goods of tariff line 1602.3985 with an in-quota rate of 10.9%, allocating 600 tons to China. It will also set a first-come, first-served quota of 5,000 tons for tariff line 1602.3219, with an in-quota duty rate of 8 percent.
The United Kingdom reached a deal to maintain trade relationships with several countries in the Caribbean after it leaves the EU, the U.K. said in a news release. The agreement involves Barbados, Belize, The Commonwealth of Dominica, Grenada, The Republic of Guyana, Jamaica, Saint Christopher and Nevis, Saint Lucia, Saint Vincent and the Grenadines, the U.K. said. The trade continuity agreement will allow for trade in rum and other goods "without any additional barriers or tariffs," the U.K. said. "The UK is seeking to provide continuity for existing EU trade agreements covering more than 70 countries that account for 11% of total UK trade and we are making good progress having recently signed agreements with Switzerland and Israel," it said.
The European Union is making several changes to its customs regulations that will take effect in 2020, according to a notice published March 25 in the EU Official Journal. Among other amendments to the EU’s Union Customs Code, temporary storage will be added to the list of customs procedures covered by penalty “extinguishment” provisions, timelines will be changed for invalidating certain customs declarations, and new duty-free provisions will be added for certain goods exported for repair or alteration.
In the March 22 edition of the Official Journal of the European Union the following trade-related notices were posted:
A recently adopted EU directive on unfair practices in the food trade will allow U.S. exporters to benefit while adding some compliance requirements, the U.S. Department of Agriculture said in a report. The directive, which was adopted March 12, "forbids certain commercial practices such as late payments for perishable food products or last minute order cancellations," USDA said. "U.S. companies exporting food and agricultural
products to the EU are eligible to benefit from the Directive’s safeguards; U.S. companies will also have to comply with the same rules as European companies, e.g., the Directive forbids unilateral contract changes for perishable goods," USDA said.
Italy’s Ministry of Economic Development recently held a workshop on the use of blockchain technology for supply chain traceability in the textiles and apparel sector, it said in a press release. That comes as part of the early stages of a pilot program to examine the advantages of blockchain, including for certification to consumers of the provenance of textiles and apparel, anti-counterfeiting efforts, and to guarantee the social and environmental sustainability of “Made in Italy” goods, the ministry said. The pilot will include an exploration and design phase, with private industry included in discussions, and will end with a study on the results of the exercise. Among initiatives included in a presentation from the workshop were the tracing of raw cotton and the tracking of products from a luxury goods maker.
The European Union issued a new guidance document detailing documentation that may be used as proof of legal acquisition or importation for protected wildlife. The proof may be required when a live animal listed on the EU’s list of protected species is being exported or re-exported, or otherwise sold or used for commercial purposes. For imported live animals listed in Annex B of the EU’s protected wildlife list (i.e., generally species listed in Convention on International Trade in Endangered Species Appendix II), minimum documentation includes a copy of the import permit with customs endorsement or, if the applicable party is not the importer, either an original copy of the permit handed over by the importer or, if not available, information including the species, details on import permits and the animal’s origin, a detailed description of the animal and an original signature and stamp of the last seller, among other things, the guidance said.
The European Union is implementing new criteria for screening foreign investment in the EU that includes effects on critical technologies and dual-use items defined in EU export control regulations, it said in a notice issued March 21. The regulation mirrors U.S. Committee on Foreign Investment in the United States (CFIUS) requirements currently being implemented that relate to “emerging technologies” as defined in Bureau of Industry and Security export control regulations. Specific technologies named in the new EU regulation include artificial intelligence, robotics, semiconductors, cybersecurity, aerospace, defence, energy storage, quantum and nuclear technologies as well as nanotechnologies and biotechnologies.
In the March 21 edition of the Official Journal of the European Union the following trade-related notices were posted: