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The German SupplyChain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supplychain.
With the fragmentation and trade in our financial systems and our alliances and our supplychains. But also when you’re dealing with the export of defense articles, you’ve got to deal with a whole other set of issues. Export control laws. You really got under the Arms Export Control Act.
Burrows ● Effective December 4, 2023, a new interim rule will prohibit contractors from delivering or using covered articles and sources subject to exclusion or removal orders issued under the Federal Acquisition SupplyChain Security Act of 2018 (“FASCSA”).
Before we dive into the export controls outlook, here is an overview of the current state of politics in Canada, which includes a discussion of the legislative powers that remain while Canadian Parliament is prorogued until March 24, 2025. This data illustrated an increasing share of imports for this particular exporter.
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.
Our Annual Compliance Conference is also further complemented by our 21st Annual Global Trade and SupplyChain Webinar Series held all year round. We also invite you to register for the upcoming mid-year sessions in our monthly Global Trade and SupplyChain Webinar Series. Register here for these sessions.
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?
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, supplychain and product compliance View the detailed agenda for all sessions during the conference.
They followed the SupplyChain Canada’s Code of Ethics for Professionals the letter for their entire career and had never encountered this situation before. For example, a Buyer was tasked with ordering scientific equipment and lab supplies for a university in Africa. All went well until the shipment arrived at the airport.
Fact checked by Eddie Regan, BiP Solutions Principal Procurement Consultant Brexit has dramatically changed the UK’s import and export-dynamic. Pre-Brexit trade predictions estimated a 15% decline in UK imports and exports. Typically, the UK imports more than it exports. The UK also relied on the EU for supplying labour.
Freight forwarders and other nonprincipal parties involved in global cargo movement should follow the guidance in the multi-agency know-your-cargo compliance note to avoid enforcement actions should they fail to spot evasive tactics used in supplychains to circumvent U.S. sanctions and export controls, say attorneys at Venable.
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. The post EU Forced Labour Regulation adopted and published in the EU Official Journal appeared first on Import and Trade Remedies Blog.
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.
Forced Labour SupplyChains Act The next reporting period under Canada’s supplychain transparency legislation, the SupplyChains Act (SCA), opens on January 1, 2025. A week later, the G7 issued joint guidance on preventing Russian export control and sanctions evasion, which we write about here.
With the data, climate model researchers can now predict the increase in climate-related risk on assets, companies, industries, sectors, regions, commodities, supplychains, and even society. Nigeria is the ninth largest exporter of oil in the world. What’s a climate challenge that you’ve identified in the data?
From May to August 2023, the Government passed into law novel supplychain transparency legislation and introduced amendments and legislative proposals that are impacting, or will impact, compliance with Canadian customs, export controls, and economic sanctions legislation.
That basically requires showing that the exporter in country B is not running a screwdriver/assembly operation using inputs from country A. A key – and often overlooked – implication of anti-circumvention investigations is the impact of these investigations under customs law.
In particular, the Government seeks comments on whether restrictions on the Canadian EV supplychain are required to safeguard net-benefits to Canadians and Canadian national security. In 2022, Canada notably relied on the ICA to order three Chinese companies to divest from Canadian lithium mining companies.
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. The judgment touches on the interpretation of the terms “originating from” and “exported from” (although not the term “consigned from”) (see here ).
The project, which was delivered in partnership with Efficio, the leading strategic procurement and supplychain consultancy firm, was focused on STG’s strategic sourcing process as the first stage of a longer term digital transformation. STG is a world leading manufacturer of cigars and traditional pipe tobacco with approx.
On Tuesday 5 March 2024, the European Council and European Parliament reached a provisional agreement on the EU Forced Labour Regulation (“ Regulation “), which will prohibit the placing and making available on the EU market, or the export from the EU market, of products made, extracted or harvested using forced labour.
12 Responsible Consumption and Production , calls for a systemic approach and cooperation among all stakeholders along the supplychain to achieve sustainable production and consumption patterns. Sustainable Development Goal (SDG) No. Specifically, SDG 12.7 Using equipment longer, or leasing when needed, is another way to reduce waste.
Scope The text of the provisional agreement targets forced labour carried out across the globe by prohibiting companies or individuals from placing or making available on the EU market, or exporting from the EU market, products (including their components) that are made using forced labour.
submissions of PDFs) flagged by the pilot; improved legal and governance arrangements between parties around data access, anonymisation, data interpretation, and data ownership and liabilities; and developing the processes for government to accept supplychain data through the UK Single Trade Window.
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. As context, to see whether AD/AS duties apply, you need to look at the non-preferential origin of imported products.
Businesses, either operators or traders, that make available relevant products on the EU market (or export them) will be required to ensure that products are ‘deforestation-free’ Operators are defined as entities who place relevant products on the EU market (including through use in the course of a commercial activity) or export them.
NHS and Healthcare Procurement NHS SupplyChain NHS SupplyChain manages procurement on behalf of NHS trusts and hospitals. Key Procurement Opportunities Events such as Defence Procurement, Research, Technology & Exportability (DPRTE) provide insights into defence procurement opportunities.
gigawatts “to ensure domestic module manufacturing continues to grow while manufacturers scale production throughout the supplychain.” Commerce has also requested that certain exporters and producers submit information with respect to the quantity and value of their recent exports to the United States.
This is mainly because otherwise commercially sensitive information will be reported through use of the template throughout the supplychain, even though CBAM does not legally obliges installation operators to do so.
SupplyChain-Related Matters of Note Section 804 prohibits DoD from entering into a contract with any person or entity that has fossil fuel business operations with an entity that is greater than 50% owned by either an authority of the government of the Russian Federation or a fossil fuel company that operates in the Russian Federation.
Requirements for Subcontractors and Service Providers The Proposed Rule confirms that DoD wants the CMMC requirements to apply throughout the supplychain, at all tiers. The only exception to the flow down requirements is for contractors that supply exclusively commercial off-the-shelf (“COTS”) products. (But
The defense industrial base roster of companies keeps shrinking, and supplychain snags have become constant. For example, the United States is a huge exporter of natural gas and a petroleum. The problem is they don’t act. And we do call upon from time to time. We could do the exact same thing with the maritime industry.
This will empower local African companies to expand their customer base and enable access to wider export markets globally. The proposed idea is to digitally integrate smallholder farmers into Choppies’ supplychain, to overhaul procurement operations to allow fresh produce to swiftly reach store shelves.
Additionally, USTR invoked its authority to investigate restrictions to US commerce that include the provision of subsidies for the construction of vessels used in the commercial transportation by water of goods between foreign countries and the United States.
Feb 2 FAR Interim Rule Implementation of Federal Acquisition SupplyChain Security Act (FASCA) Orders Send member comments to Ian Bell at ibell@thecgp.org by Fri., These sections cover a litany of issues, which include licensing, export controls, adoption processes, vulnerability and risk assessments, response concepts, and team roles.
On a day-to-day basis, restrictions arise most commonly in the context of export controls and economic sanctions. Ultimately, CFIUS exists to identify and address national security risks that cannot be ameliorated through another legal regime such as export controls or Foreign Ownership, Control or Influence (FOCI) mitigation.
And, “[t]he four components of gross domestic product are personal consumption, business investment, government spending, and net exports.” [28] SupplyChain Realignment Generally speaking, going into 2023, supplychains have significantly improved, alleviating some of the inflationary pressure caused by previous disruptions.
For example, in May, Suhaib Allababidi was sentenced to four years in federal prison after claiming certain electronics provided to the government were manufactured in the United States when they were really produced by Chinese companies in China and filed false export information.
In parallel, the Pentagon’s release of key Cybersecurity Maturity Model Certification (CMMC) contracting rules aims to fortify the defense supplychain against cyber threats. A bipartisan Senate bill seeks to mandate cybersecurity vulnerability disclosures by contractors, enhancing national security. Have a great weekend!
Aimed primarily at imports from key trading partners, these tariffs are set to significantly affect a wide array of goods, directly highlighting the impact of US tariffs on UK supplychains. As of 2023, the US was the UKs largest single export market, accounting for approximately 21.7% of total UK exports, valued at 186.7
We are thrilled to announce the return of Baker McKenzie’s Asia Pacific Trade Conference , the premier flagship event for our Trade Practice Group in Asia Pacific where trade experts from 10 APAC jurisdictions will discuss the evolving geopolitical and trade regulatory landscape effecting supplychains in APAC.
Indeed, these provisions may be far more disruptive than requirements imposed by prior year NDAA China provisions that contractors have navigated by reassessing supplychains and increasing due diligence. relationship with Taiwan. will provide to Taiwan the defense articles, services, and training it has requested.
The year ended with ambitious statements by the governing Liberal Party on proposed legislation to eradicate forced and child labour in Canadian supplychains. This will allow reporting entities to align and streamline public statements regarding supplychain compliance efforts across jurisdictions.
This architecture enables the transformation of raw data from farms, factories, and fisheries into timely, high-quality quantitative and qualitative insights, supporting partner impact evaluation and enhancing transparency across the supplychain. Premium generation and supplychain tracking via the Insights Hub.
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