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Combined Nomenclature update: latest HS system revision embedded

Saturday, 19 November 2011 20:35

With the Regulation (EU) N° 1006/2011 of 27 September 2011, the European Commission adopts the annual update of the Combined Nomenclature (CN), in order to align its text to the latest changes in requirements relating to statistics and to commercial policy, recent regulations enacted in order to fulfil international commitments and the latest technological and commercial developments. The new regulation also transposes in the CN the latest changes in the Harmonised System nomenclature adopted on 2010 by the World Customs Organization (see our article) and that will be effective from 1th January 2012.

New tariff classification in the US for footwear with textile outer soles

Wednesday, 02 November 2011 09:02

A proclamation of the United States President of 31 October 2011 announces a change in the tariff classification in the USA for imported footwear with soles of rubber or plastic to which a layer of textile material has been added, The Annex I of the proclamation, which describes the new classification criteria, has however not yet published. The proclamation, that enters into force 20 days after its publication in the Federal Register, will amend in particular the Chapter 1205 of the Harmonized Tariff Schedule (HTS) of the United States. What we know so far is that the US customs will adopt a precise standard based on strength and/or durability of the soles, which will be decisive for the inclusion of the footwear in the new classification criteria.

9th Meeting of ASEM General Directors of Customs

Tuesday, 18 October 2011 09:31

On 11th an 12th October 2011, the 9th meeting of the General Directors of Customs of the ASEM Group (Asia-Europe Meeting) was held in Hua Hin, Thailand. The Group, founded on 1995, is made up of the 27 EU member states, the European Commission and 16 Countries of the Asiatic area (Brunei, Cambodia, China, India, Indonesia, Japan, Korea, Laos, Malaysia, Mongolia, Myanmar, Pakistan, Philippines, Singapore, Thailand, Vietnam). Its aim is to promote and deepen the economic, politic and cultural dialogue between the two areas through a series of informal periodic consultations.

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The Asiatic recipe: cutting red tape for remaining competitive

Friday, 07 October 2011 11:07

To facilitate trade and remain competitive on the international landscape, the Asia-Pacific governments must insist on the simplification of the international trade procedures, assuring that their operators can benefit from a clear, simple, consistent and trasparent regulative framework. These are the main conclusions of the Asia-Pacific Trade Facilitation Forum 2011, organised in Seoul, on 4 and 5 October 2011 by the UN/ESCAP (United Nations Economic and Social Commission for Asia) and the Asian Development Bank, where various experts of trade and customs have confronted each other.

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OECD indicators for trade facilitation

Tuesday, 27 September 2011 10:18

A new OECD paper titled “Trade Facilitation Indicators: The Impact on Trade Costs”, analises the economic and commercial impact of a series of measures of trade facilitation implemented by the OECD Countries to reduce the administrative barriers to import/export, simplify exchanges with foreign Countries and streamline the flows of internationally traded goods.

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News

Combined Nomenclature update: latest HS system revision embedded

New tariff classification in the US for footwear with textile outer soles

9th Meeting of ASEM General Directors of Customs

The Asiatic recipe: cutting red tape for remaining competitive

OECD indicators for trade facilitation

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