Publication of INCOTERMS® 2020
by Pascal Cange The newest edition of the International Commercial Terms (Incoterms), “INCOTERMS® 2020” is expected to be released by... Read more
Category Archives: Customs and Trade
Will Viet Nam be the winner of the tariff war engaged by the US and China?
By Arnaud Fendler The tariff war engaged between the US and China has reached a new level in September 2019,... Read more
New form of customs declaration for low value consignments to be used from 1st January 2021
Pursuant to the Union Customs Code (“UCC“), customs declarations may, in specific cases, be lodged using means other than electronic-data... Read more
Import VAT in France : conditions of use of Regime 42
Operators importing in France have various options in order to facilitate the payment of import VAT. A recent facilitation was... Read more
Increasing limitation of the role of non-established companies in customs declarations – Strict implementation by French Customs Authorities
The Union Customs Code (UCC), which entered into force on May 1st, 2016, has undertaken to severely limit the role... Read more
The French Parliament has adopted the “GAFA tax”, challenged by the United States
by Dimana Todorova The European Commission had proposed the adoption of a directive on the common system of the Digital... Read more
Official launch of the African Continental Free Trade Area: a new market of 1.2 billion consumers
by Pascal Cange After the entry into force of the agreement establishing the African Continental Free Trade Area (AfCFTA) on... Read more
The EU and Mercosur have finally reached an historic trade agreement between the two regions
The EU has thus become the first major partner to conclude a trade agreement with Mercosur (Argentina, Brazil, Paraguay and... Read more
WCO advisory opinion on valuation of imported goods purchased in flash sales
by Arnaud Fendler During its 48th Session held from 13 – 17 May 2019, the WCO Technical Committee on Customs... Read more
The European Parliament has approved the EU-Singapore Free Trade Agreement
by Dimana Todorova As a reminder, the EU-Singapore Free Trade Agreement (FTA) is the first bilateral trade agreement between the... Read more