The Dreaded Wine Tariffs Are Suspended. Now What?

8 March 2021 – It’s unlikely to have an immediate impact on wine prices, but there’s a lot to be hopeful for. On Friday, the European Union and the United States announced a four-month suspension on tariffs stemming from the World Trade Organization (WTO) Aircraft disputes between Boeing and Airbus. It’s welcome news for many folks, especially…

Details

Oman ports rated world’s fastest in container handling

4 March 2021 – Muscat The United Nations Conference on Trade and Development (UNCTAD) has rated Oman’s ports as No. 1 in the world in terms of speed of container handling, as per the UNCTAD annual index 2020. The index, issued recently about the development of maritime transport last year, asserts that container vessels’ stay…

Details

Egypt works on speeding up customs clearance, lab testing reports

4 March 2021 – Egyptian importers have criticised new customs law, although it provides new facilities, says FEDCOC official Ahmed Al-Mallwani, Head of the Foreign Trade Committee at the Federation of Egyptian Chambers of Commerce’s (FEDCOC) Importers Division, has said they are preparing a memorandum on speeding up customs release. He added that the memorandum…

Details

French worries and intentions: Barnier at the French Senate

3 March 2021 – How the French interact with the UK over the next few years is important. How are their politicians thinking? An aspect rarely reported in the UK is that they are worried, and this is likely to make them difficult partners. Understanding their worries should help British politicians to shape our own…

Details

Descartes expands customs compliance toolkit with $36 million QuestaWeb acquisition

1 March 2021 – Canadian supply chain software company says deal will help its customers manage foreign trade zones. Logistics technology provider Descartes Systems Group has added another takeover target to its portfolio of acquisitions, saying today that it has paid $36 million to buy QuestaWeb, a provider of foreign trade zone (FTZ) and customs compliance…

Details

Kent lorry park prepares to carry out first customs checks

1 March 2021 – Customs checks are set to begin for the first time at Kent’s largest newly-built lorry park. The Sevington inland border facility – off Junction 10A of the M20 at Ashford – has been open since 4 January but until now has just been used to test truck drivers for Covid-19. HM Revenue…

Details

How Brexit Caught Logistics Leaders by Surprise

1 March 2021 – Susan Boylan, director analyst in the Logistics Strategy and Operations Team of Gartner, Inc., describes the key changes in tariffs, immigration rules and customs clearance procedures that U.K. logistics providers are grappling with right now as a result of Brexit. Despite the years of wrangling over the terms of Great Britain’s exit from…

Details

India considers long-term economic ties with the Philippines, to boost Indo-Pacific initiative

1 March 2021 – In an effort to reduce China’s influence in ASEAN’s third-largest economy, the Modi government is planning to make rapid inroads in the Philippines. New Delhi: India is making rapid inroads in the Philippines by establishing long-term trade and economic ties even as it plans to have a preferential trade agreement (PTA) with…

Details

Technical preparation under RCEP framework advances: China customs

28 February 2021 – Preparation work for rules of origin and tariff concessions of the Regional Comprehensive Economic Partnership (RCEP) are being comprehensively promoted, China’s General Administration of customs said on Sunday. At present, China has formulated its proposal on the revision of the origin standard and the guidelines of the rules of origin, and…

Details

Four Brexit red tape horror stories

27 February 2021 – Brexit correspondent Lisa O’Carroll distils a few of the post-exit bumps facing individual British firms that she has investigated for the Guardian Hard cheese Cheesemaker Simon Spurrell reports losing a fifth of his orders overnight when Britain left the single market on 1st January. His Cheshire Cheese Company had a successful line…

Details