Don Teets’ Post

The UK government has repeatedly changed and deferred its plans for the introduction of full import controls following the UK's exit from the European Union (EU). Read more 👇 https://lnkd.in/ekTM5wNA #brexit #euborder #government #import #importcontrol #eu #europeanunion

As you may know, the previous government had plans to end the waiver for Safety and Security declarations on EU imports by October 31, 2024. Following the General Election and consultations, the deadline has been extended to January 31, 2025. Some businesses may already be prepared to submit declarations for EU imports, especially if they handle rest of the world (RoW) imports. Those ready to submit declarations ahead of the deadline are encouraged to do so.

The European Commission is proposing to extend the suspension of import duties and quotas on Ukrainian exports to the European Union for another year, but this time with built-in safeguards to balance the interests of Ukrainian and EU farmers.

The long-awaited India-UK Free Trade Agreement is moving closer to fruition under the new Labour government. Following recent elections, there is renewed optimism that the FTA could be finalised, potentially doubling bilateral trade to $100 billion by 2030. Despite challenges in areas like migration and tariffs, the dialogue remains positive, and both countries are committed to overcoming the remaining hurdles. #IndiaUKFTA #Trade #Economy

https://lnkd.in/dvnSquZK By Foday Moriba Conteh The economic l... By Foday Moriba Conteh The economic landscape of Sierra Leone is facing turbulent times as businesses across the nation grapple with the suffocating burden of high import and excise duties imposed by the Government, facilitated through the National Revenue Authority (NRA). The repercussions of these fiscal policies are not only felt among business entities but […] https://lnkd.in/dkvTk_3W

Amendment in import policy of parts of lighter Covered under CTH 9613 of Chapter 96 of Schedule -l (Import Policy) of ITC (HS) 2022: Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan Notification No. 36/2024-25 New Delhi, Dated 13 th October, 2024 Subject: . S.O. (E): - In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023 , as amended from time to time, the Central Government amends the import policy for the following HS Codes ... ... ... http://dlvr.it/TFJyNk #Customs #Notifications #TaxLaws #TaxTMI

If your business exports goods to or through Great Britain, you will be affected by new UK Government import controls taking effect on 31 January. There are a number of key links and resources here https://lnkd.in/e4BuBZE

#China's Ministry of Commerce announced that #China and #Serbia have completed their respective domestic approval procedures and the "China-Serbia Free #TradeAgreement" will officially enter into force on July 1, 2024. After the entry into force of the aforementioned free trade agreement, China and Serbia will phase out duties bilaterally by 90 percent. objects of taxation, of which more than 60 percent. subject to taxation, the duties will be cancelled immediately on the day the agreement enters into force. The share of imports for the ultimate goal of zero duties on both sides will reach about 95 percent. At the same time, the agreement also establishes institutional mechanisms for country-of-origin standards, customs procedures and trade facilitation, sanitary and phytosanitary measures, technical barriers to trade, trade protectionism, domestic market protection measures, dispute settlement, intellectual property protection, investment cooperation, competition and many other areas.

In today's video recorded the day after the 2024 UK General Elections on 5 July 2024, we answer the top five questions you have asked us on the priorities of the new Labour government regarding customs and cross border trade between the UK and the EU. With Brexit reshaping still trade landscapes in 2024, many of our clients are curious about what trade improvements and changes a Labour government will bring. To get you the best insights, we've asked customs expert Arne Mielken to answer the top five burning questions our customers have asked us: 1. Will a Labour government allow the UK to rejoin the EU? 2. Will a Labour Government Want To Re-Enter the EU Single Market or the EU Customs Union? 3. Will We Still Need To Adhere To Complex Rules Of Origin To Trade Freely? 4. Will We Still Need To File Customs Declarations? 5. What Does a Labour Government Actually Want To Do To Make Trade Between the EU and UK Easier? 📌 Don't forget to like, subscribe, and hit the notification bell for more updates on trade policies and expert insights! https://lnkd.in/ee_nWX5r