Customs and Trade News
Claudia Stroe
Certified Customs Practitioner | Export and Import Customs Procedures | Customs Compliance | Open to Exciting Opportunities to enhance my skills and stay updated on industry trends.
Tuesday 13 February, The UK signed a partnership with Nigeria to boost trade and investment and unlock new opportunities for UK and Nigerian businesses.?
The Enhanced Trade and Investment Partnership (ETIP) is the first the UK has signed with an African country and is designed to grow the UK and Nigeria’s already thriving trading relationship, which totalled ￡7 billion in the year to September 2023.?
The European Union is for the first time planning to sanction companies in mainland China, and in other countries including Turkey, India and Serbia, for helping Russia circumvent sanctions and buy dual-use goods, several diplomats told POLITICO's Brussels Playbook.
The EU wants to finalise a 13th package of sanctions against Russia before 24 February, which would mark two years since Putin ordered the full-scale invasion of Ukraine.
The European Commission has extended its anti-dumping measures on imports of Chinese ceramic tiles into the EU for a further five years until February 2029, maintaining the duty rates already in place.
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The EU Commission launched its first in-depth investigation under the Foreign Subsidies Regulation. This investigation relates to a public procurement procedure. It shows the Commission's determination to preserve the internal market's integrity by ensuring that recipients of foreign subsidies cannot benefit from an unfair advantage to win public contracts in the EU, to the detriment of fair competition.
Hundreds of thousands of illicit tablets and vials were seized by customs authorities under a targeted action led by the European Anti-Fraud Office (OLAF). The enforcement action specifically targeted illicit hormonal substances, food supplements and medicines for erectile dysfunction, as part of Europol’s Operation SHIELD IV.
The national customs authorities detected?illicit medicines mainly sold online and transported in small parcels by post and air courier shipments. A total of 625?170 tablets, 229?525 packages, 27?030 vials, 547.27 kg and 20.49 litres of different medicines were intercepted.
Deployment phase 4.1 of the EMCS (EU's system for the movement of excise goods) enhances certain core business functions and extends its scope to allow for interoperability with the EU Automated Export System (AES) for export operations.
In addition to some legal updates, the interface between EMCS and AES will from now on automate existing processes and the exchange of information between Member States and economic operators, further facilitating the control of excise movements, the fight against fraud, and the provision of more certainty to exporters.