Updates : iCustoms wins ICC award, New import controls, EU forced labour ban, UK exporters, UK car exports , Suez canal, Channel ports, Webinar....
Get your weekly dose of the latest trade and customs updates.
iCustoms Winning Streak Continues at? the ICC awards??
On 18th April, iCustoms won the prestigious Best Logistic System Award at the International Chamber of Commerce Award Ceremony? triumphing over industry giants like A.P. Moller Maersk and IBM.
"These awards not only honour our team's dedication but also highlight how our contributions drive digital trade forward.?
They recognise the hard work behind our innovative solutions, pushing the boundaries of what's possible in the industry." said Adnan Zaheer, CEO iCustoms.
New SPS Import Controls Come Into Effect?
The 2nd Phase of the BTOM SPS Import Controls kicked off today -30th April 2024 at these designated BCPS ( border control posts ) that will carry out the new SPS checks.?
You must adhere to the following guidelines to avoid disruptions to your business and supply chain.
Additionally you’ll? need to pay the common user charge if you are a UK business importing a consignment of goods that enters or transits through Great Britain through the Port of Dover or Euro tunnel.? See details
EU Enforces Ban on Goods Made with Forced Labour
New regulation enabling the EU to prohibit the sale, import, and export of goods made using forced labour has been approved.
The European Parliament announced that both member states and the European Commission (EC) will receive enhanced authority to investigate "suspicious goods, supply chains, and manufacturers.
Read the press release here?
Notice issued to UK Exporters
The Export Control Joint Unit (ECJU) has recently? issued a notice to exporters, bringing attention to recently issued compound settlements for breaches of strategic export controls. This is to ensure? that exporters comply with the updated licensing requirements.
Between January and March 2024, HM Revenue and Customs (HMRC) issued compound settlement offers to six UK exporters totalling just over ￡1.3 million.
These settlements relate to unlicensed exports of Military listed goods, dual use goods and related activity controlled by The Export Control Order 2008.
Over the 12 months, HMRC has seen an increase in the number of voluntary disclosures relating to:
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Exporters should ensure that they comply with licensing requirements. Find out here
Surge in UK Car Exports to Russia's Neighbouring Markets
New official data reveals that there’s been a remarkable, unprecedented, and largely unexplained influx of millions of pounds worth of British luxury cars into neighbouring states of Russia .
According to HM Revenue & Customs, British car exports to Azerbaijan totalled ￡26 million.
Azerbaijan's ascent has coincided almost to the month with the imposition of sanctions on the export of cars to Russia. Read more
Suez Canal Traffic Plummets by Two-Thirds Amid Red Sea Crisis
Data from the Office for National Statistics (ONS) revealed that in the first week of April this year, the count of cargo and tanker ships navigating through the Suez Canal plummeted by 71% and 61%, respectively, in comparison to ship crossings recorded during the same period in 2023. Read more?
ChannelPorts Acquired by the Getlink Group
In a big move shaking up the industry, ChannelPorts has officially become a part of the Getlink Group. This integration marks a significant milestone, reflecting strategic growth and expansion initiatives within the sector. ?Stay informed
Webinar Catch up?
iCustoms, HM Revenue & Customs & The Institute of Export & International Trade recently held a webinar? discussing the latest developments around? CDS, NCTS5, Single Trade Window (STW), and AI in UK customs.?
The audience got practical advice on how to prepare for these changes and had their questions answered in a live Q&A session.
If you missed out, don’t worry you can watch it here?
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