TNETS Customs and Trade Management News


Review commercial contracts to mitigate the risk of Brexit uncertainty

By Lindsay Ellis  and Wright Hassall Oct 8 2019 / The HRDirector Although Brexit uncertainty is at an all-time high with very little indication on when a decision will be made, the impact it will have on UK businesses and commercial contracts shouldn’t be underestimated. Contributor Lindsay Ellis  – Wright Hassall It is important organisations consider how Brexit might affect existing contracts and not only those proposed to come...

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Get ready for Brexit: How to export to the EU once the UK leaves

Business Matters Oct 8 2019 / Hewlett Packard Enterprise Government research shows that the majority of businesses that solely export to the EU are unprepared for a no-deal Brexit. While we still don’t know exactly what Brexit will mean for businesses, or even when it will happen, your own company can’t afford to be in the same boat once the UK leaves the EU. If this does come to...

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Customs bureau seeking to implement brokerless option for importers

By Arjay L. Balinbin Oct 7 2019 / BusinessWorld THE Bureau of Customs (BoC) will formally ask President Rodrigo R. Duterte to issue a memorandum order giving importers the option to process transactions directly, without resorting to Customs brokers. “We have drafted the necessary Customs memorandum order, and we are just preparing a brief going to the Department of Finance which we think will submit the same to the...

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Costa Rica Is the Most Exporting Country in Central America

By TCRN Staff Oct 7 2019 / The Costa Rica News The Presidents and Executive Directors of COEXPORT of El Salvador, AGEXPORT of Guatemala, FPX of Honduras, APEN of Nicaragua, CADEXCO of Costa Rica, APEX of Panama, and ADOEXPO Dominican Republic, who are members of the Federation of Chambers and Associations of Exporters of Central America, the Caribbean, and Panama (FECAEXCA). They participate in the annual assembly of this...

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Bank of Ireland’s ‘Get to grips with Brexit’ series launched in Dublin with an event in College Green that provided attendees with actionable preparation steps

Oct 7 2019 / The Business Post Practical planning for a confident Brexit strategy As the clock ticks ever closer to the October 31 deadline for Britain’s departure from the EU, businesspeople came out in force to attend the first Bank of Ireland ‘Get to grips with Brexit’ event last Tuesday, with a tailored panel of industry experts. The breakfast briefing took place in the House of Lords on...

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African integration a necessity for continent’s development

By Innocent Gore Oct 7 2019 / Southern Times Integration is a necessity for the development of Africa, the acting head of the African Union’s private sector development, investment and resource mobilisation, Islam Swaleh, has said. Speaking to senior journalists at media awareness workshop on Africa industrialisation frameworks hosted by the AU Commission’s Trade and Industry in Addis Ababa, Ethiopia, last week, Swaleh said in recent years, many actions...

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FIATA publishes first guide on prevention of bribery

By Will Waters Oct 4 2019 / Llyod’s Loading List Global freight forwarding body FIATA, the International Federation of Freight Forwarders Associations, has released a best practices paper on prevention of bribery that aims at addressing the challenge of corruption and bribery in the international logistics and freight forwarding industry. Unveiled during the federation’s 2019 World Congress in Cape Town, South Africa, the publication of the paper comes in...

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‘We will offer customs declaration services in event of “no-deal” Brexit’

By Mira Klinkenberg Oct 2 2019 / Fresh Plaza P&O Ferrymasters announced it has entered into a partnership with SGS Maco to offer customs declaration services to P&O Ferrymasters’ customers. This will maintain easy and fluid declaration for the import and export of goods to and from the United Kingdom, in the event of a “no-deal” Brexit. If at the end of October, the UK leaves the European Union...

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UK’s revised Brexit plan calls for intra-customs clearance on Irish Sea

By David Osler Oct 2 2019 / Lloyd’s List Under the British government’s tweak to its Brexit withdrawal plan, cargoes travelling across the Irish Sea could have to complete customs formalities as early as next month, even where both the port of loading and the port of discharge are part of the UK ‘We will potentially need to create border infrastructure and complexity at even more UK ports than...

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