Take a look again at the most important news and start the week fully informed with the news that Global Trade News brought to you last week in Twitter:

  • Iran pitches free trade deal with India. http://bit.ly/1ci9aSZ 
  • India, EU to discuss FTA on April 13 in Hannover. http://bit.ly/1ci9aSZ 
  • 9th Round Transatlantic Trade and Investment Partnership Negotiations. http://bit.ly/1JsvO62 
  • Revisions to the Export Administration Regulations Based on the 2014 Missile Technology Control Regime Plenary Agmts http://1.usa.gov/1INbqM8 
  • Israeli envoy pitches for FTA with India. http://bit.ly/1GptOwX 
  • Japan extends sanctions on North Korea by two years. http://reut.rs/1aK7zFd 
  • @ #UCCUpdate: EO authorised for self-assessment may apply to: control, under customs supervision, compliance w/prohibitions & restrictions.
  • (2/2) Heard @ #UCCUpdate: & other import charges themselves and retain the customs declaration data within their commercial records.
  • (1/2) Heard @ #UCCUpdate: Economic operators authorised for self-assessment may apply to: Calculate customs duties
  • @ #UCCUpdate: Self-assessment allows AEOs to carry out customs formalities themselves which have been carried out by the customs authorities
  • Heard @ #UCCUpdate: Self-assessment is a new procedure introduced under the UCC.
  • (2/2) Heard @ #UCCUpdate: Centralised Clearance/SA for Simplified Procedures: Inward processing, Outward processing, Export and Re-export
  • (1/2) Heard @ #UCCUpdate:Centralised clearance may only be used for following: Release to Free Circulation, CW, Temporary admission, End-use
  • (2/2) Heard @ #UCCUpdate: Although from 1 May 2016 any Economic Operator who applies for SASP will have to be authorised to AEOC.
  • (1/2) Heard @ #UCCUpdate: Until the database is delivered current SASP arrangements will continue...
  • Heard @ #UCCUpdate: Centralised Clearance/Single Authorisation for Simplified Procedures: Expected date of delivery is 2020
  • #UCCUpdate: Implementation of Centralised Clearance is dependent on EU building a database to facilitate the exchange of info b/w Members
  • Heard @ #UCCUpdate: Centralised Clearance allows for goods to be physically imported or exported from one Member State.
  • Heard @ #UCCUpdate: Centralised clearance is a new procedure introduced under the UCC.
  • Heard @ #UCCUpdate: Transition Arrangements – TS: From 1 May 2016 all TS ops & premises must be run under the UCC rules.