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government actors involved in export compliance, in 2024 and beyond.” governments – such as the “Five Eye” initiative – to collaborate on international export control and security issues. Can Learn From 2023 Export Enforcement Report ,” was published by Law360 on January 24 and is available online.
export officials were busy bringing novel enforcement actions, introducing new and far-reaching rules, and issuing guidance (and warnings) to the exporting community. We can expect 2024 to be similar. In 2023, U.S.
You are reading the January 2024 Update of the Bass, Berry & Sims Enforcement Roundup, where we bring notable enforcement actions, policy changes, interesting news articles, and a bit of our insight to your inbox. Israeli citizen was arrested for illegally exporting thousands of U.S. Overview January saw continuing focus on Russia.
You are reading the February 2024 Update of the Bass, Berry & Sims Enforcement Roundup, where we bring notable enforcement actions, policy changes, interesting news articles, and a bit of our insight to your inbox. Also, a UK citizen was sentenced to 18 months in prison for conspiring to export U.S.-origin
Baker McKenzies Canadian international trade and customs team is publishing a series of articles reviewing 2024 trade and customs compliance developments and looking ahead to 2025s burgeoning issues. Market Watch Unit In the 2024 federal budget , the Government of Canada proposed $10.5
In keeping with tradition, we are pleased to invite you to our annual Global Year-End Review of Import/Export & Trade Compliance Developments Conference. The post 2024 Global Year-End Review of Import/Export & Trade Compliance Developments Conference appeared first on Import and Trade Remedies Blog.
A January report summarizing key actions and policy changes undertaken at the Office of Export Enforcement in 2023 is a valuable indicator of future government priorities and the factors companies should consider as they conduct export operations amid what may be a turbulent international trading environment in 2024, says Thaddeus McBride at Bass Berry. (..)
The Customs (Preferential Trade Arrangements: Error in Evidence of Origin) Regulations 2024 (the “ Regulations ”), which introduce into UK law the obligation for exporters to notify their customers if they discover any material error in a Certificate of Origin they have issued, have come into force on 13 March 2024.
Department of Commerce’s Bureau of Industry and Security) where he will share his insights on what to expect in the year ahead for export enforcement. Axelrod currently serves as the Assistant Secretary for Export Enforcement at the U.S. national security by enforcing the country’s export control laws. Register here Questions?
On April 22, 2024, the Ministry of Economy published in the Federal Official Gazette an amendment to the Tariff Schedule of the General Import and Export Duties Law (“TIGIE” for its acronym in Spanish) increasing the duty rate applicable to 544 tariff items of the TIGIE.
We invite you to join us to gain practical insights and analysis on significant developments across: antitrust and competition export controls, sanctions and foreign investment customs and FTAs anti-bribery, corruption and economic crime ESG, supply chain and product compliance View the detailed agenda for all sessions during the conference.
А56-16212/2024). Background By way of background, Uniper and Metha entered into a series of long-term gas supply contracts with the Russian state-owned company Gazprom Export (“Gazprom”). The reasons behind this decision are sanctions and the now infamous Article 248.1 This case is not the first of its kind.
The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. However, the scope will be extended to companies that employ at least 1,000 employees from 1 January 2024. Export and import of certain hazardous wastes.
On July 4, 2024, the Canada Border Services Agency (CBSA) announced its compliance priorities for commercial imports and it updated its 2024 trade verification priorities. An analysis of the July 2024 compliance and trade verification priorities is outlined below. the USMCA and the CPTPP).
The relevant part of the respective agreement – that specifies the reductions to be implemented by 2024 – can be found here. The declaration of goods upon import, export, or when subject to intra-Community trade statistics between EU Member States is based on the CN. The publication of the 2024 CN can be found here.
On 5 January 2024, the Ministry of Commerce of China (“MOFCOM”) initiated an antidumping investigation of brandy imported from the European Union (“EU”). Immediate next steps and timeline EU manufacturers and/or exporters interested in participating in the investigation, must register with MOFCOM by 25 January 2024.
Published by Mexico’s tax administration service on 14 October 2024 On 14 October 2024, the 2nd Resolution of Amendments to the Foreign Trade General Rules (FTGR) for 2024 and Annexes 1, 2, 5 and 24 were published in the evening edition of the Federal Official Gazette. Click here to read the Spanish version.
On 20 February 2024, the financial intelligence agencies of Canada (FINTRAC), Germany (FIU DE) and the Netherlands (FIU-NL) released a joint advisory regarding illegal procurement of dual-use goods by Russian end-users ( Joint Advisory ).
Recognising this, Templars, a top-tier Nigerian law firm, hosted an event on 6 February 2024, titled “The Role of Arbitration in the Energy Transition in Africa”, as part of the 2024 LCIA West-Africa Roadshow. In February 2024 , Total Energies announced its plan to sell its minority stake in a Nigerian joint venture.
On 12 June 2024, the European Commission proposed provisional countervailing duties for imports into the European Union (“ EU “) of new battery electric vehicles designed for the transport of persons (“ EVs “) originating from the People’s Republic of China.
As part of the London International Disputes Week 2024 International Arbitration Day, Kirkland & Ellis hosted a “Panel Session on Space – Arbitration for Low Earth Orbit Disputes and Beyond.” Examples include the ABS v. Third, States still play an indispensable role in facilitating private access to space.
On 7 December 2023, the government announced a package of customs simplification measures to simplify export and import processes for traders. The government will engage further with stakeholders in early 2024.
This investigation was launched in response to the anti-dumping complaint filed by Hyundai Steel, a major South Korean steel manufacturer, with the KTC in December 2024, claiming that it was suffering damage due to the unfairly cheap imports of hot-rolled steel plates from Japan and China.
As part of the 2024 London International Disputes Week (“LIDW”), Kirkland & Ellis hosted an event titled “ Panel Session on Sanctioned Countries ”. For example, if sanctions or export controls hinder the performance of a contract, the tribunal must decide whether non-performance is justified.
As of 1 January 2024, Switzerland will abolish its industrial tariffs on the import of industrial goods. Proof of origin required as preliminary document: when the goods are to be exported to a free trade partner state and the corresponding proof of origin is to be generated for them upon export.
On July 2, 2024, the Government of Canada launched a 30-day consultation on proposed policy responses to surplus supply of Chinese electric vehicles (EV). The Government’s June 24, 2024 Press Release is available here. Concerned parties may submit comments to the Government until August 1, 2024. View the Consultation here.
For example, EU AD/AS duties on Indonesian stainless steel apply on stainless steel with non-preferential origin Indonesia, regardless of the country of export. Update : On 5 September 2024, the Court of Justice of the European Union (“ CJEU ”) rendered judgment in case C-67/23 S.Z.
On Monday 18 March 2024, ESSEC Business School and EFILA co-organized a panel discussion within the framework of the Paris Arbitration Week (“PAW”) 2024, discussing the interactions between Human Rights, Environmental, Societal and Governance (“ESG”), Civil Society and investment arbitration. The event was hosted by Prof.
In brief Proposed amendments to the Customs Rules (Rules) under sections 40(3), 41(4), and 120 of the Customs and Excise Act were published for public comment by the South African Revenue Service (SARS) in January 2024. Public comments on the proposed rules close on 9 February 2024. supporting documents) from the exporter.
The EU has held political talks on a law that will ban the sale on the EU market of products made with forced labour, as well as the export of such products from the EU.
Last month, Senior Product Manager Kathryn Sanders hosted a webinar that highlighted significant enhancements made to the GovSpend platform during the first half of 2024. View the full hierarchy classification for each line item in your search results and swiftly export what you need. Click here to learn more!
The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 , signed into law on December 22, 2023, makes numerous changes to acquisition policy. The FY 2024 NDAA also includes the Federal Data Center Enhancement Act, the American Security Drone Act, and the Intelligence Authorization Act for FY 2024.
The publication is following the EU Councils approval of the Regulation on 19 November 2024. Under the Regulation, all products (including their components) manufactured using forced labour will be banned from being placed or made available on the market in the EU, or exported from the EU.
In a January 19, 2024 letter to U.S. Mike Gallagher, has indicated that he is aiming for “a big China bill” in 2024, one that will wrap in all the recommendations and “actually get a vote on the House floor.” Lawmakers Find Common Ground to Enact De Minimis Reform in 2024?</strong> Customs team.
The Singapore International Arbitration Centre (“SIAC”) hosted its Annual India Conferences in Mumbai and Delhi on 6 and 7 September 2024. They argued that many developing countries entered into Bilateral Investment Treaties (“BITs”) without fully understanding the consequences, often seeing them as mere publicity opportunities.
On 13 March 2024, the European Council and European Parliament agreed the final text of the proposed EU Forced Labour Regulation (“ Regulation “). This is expected to take place in the week of 22 April 2024. It is expected that the Regulation will enter into force by the summer of 2024.
Section 201 On May 16, 2024, the Biden Administration announced changes to safeguard duties under Section 201 currently in effect on certain solar product imports from numerous countries. 25% 2024 Lithium-ion electrical vehicle batteries 7.5% 25% 2024 Lithium-ion non-electrical vehicle batteries 7.5%
On 23 April 2024, the European Parliament approved the proposal of the EU Forced Labour Regulation (“ Regulation “). Under the Regulation, all products (including their components) manufactured using forced labour or placed and made available on the market in the EU, or exported from the EU will be banned.
At its 57 th Session , taking place in New York between 24 June and 12 July 2024, the United Nations Commission on International Trade Law (“UNCITRAL”) will discuss the adoption “in principle” of the draft statute of an advisory centre on international investment dispute resolution. 37, and January 2024 Session Report , paras.
Where a trader utilises IP, they are required to submit Bills of Discharge (“ BOD “) to inform HMRC of the final destination of the goods i.e., re-exported (in which case no Duties are payable); or entry into free circulation (where a trader will then account for the applicable Duties)) to discharge their liability.
In April 2024, a law passed by the Investment Authority opened the import, wholesale, retail and export (of raw coffee, khat, oilseeds, pulses, hides and skins, forest products, poultry and livestock bought from the local market) sectors to foreign investments.
In brief The new EU Deforestation Regulation (2023/1115/EU) will impose due diligence obligations from 30 December 2024 aimed at tackling deforestation and forest degradation. Fines can also be issued, with the maximum fine corresponding to at least 4% of total annual turnover in the EU.
On 23 September 2024, the European Commission published the proposal to amend the EU Combined Nomenclature (“ CN ”). The declaration of goods upon import, export, or when subject to intra-Community trade statistics between EU Member States is based on the CN.
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