Tag: customs declaration


Dealing with customs declarations key to avoid being overwhelmed by Brexit

Dealing with customs declarations key to avoid being overwhelmed by Brexit

20th September 2020 – Regardless of the outcome of the Brexit negotiations, our trading relationship with the UK will change fundamentally and irrevocably on January 1. While the Brexit process may have been plagued with uncertainty up until now, the only absolute certainty in relation to the trading relationship is that moving goods to, from, or through the UK (excluding Northern Ireland) will require a customs declaration from January...

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Dealing with customs declarations key to avoid being overwhelmed by Brexit

Dealing with customs declarations key to avoid being overwhelmed by Brexit

September 20 2020 – Regardless of the outcome of the Brexit negotiations, our trading relationship with the UK will change fundamentally and irrevocably on January 1. While the Brexit process may have been plagued with uncertainty up until now, the only absolute certainty in relation to the trading relationship is that moving goods to, from, or through the UK (excluding Northern Ireland) will require a customs declaration from January...

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Dubai Customs’ transactions grow 38% to AED7 million in H1, 2020

Dubai Customs’ transactions grow 38% to AED7 million in H1, 2020

Dubai, 16th September 2020 – Dubai’s economy continued its exceptional performance despite headwinds from a slowdown in the global economic growth due to the coronavirus, COVID-19, pandemic. The number of customs transactions completed by Dubai Customs skyrocketed 38.5 percent in the first six months of 2020 to reach 7.2 million compared to 5.2 million transactions in the corresponding period in 2019. This reflects the vital role Dubai plays as...

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'Alternative to Irish backstop' consultant in line for £200m contract

‘Alternative to Irish backstop’ consultant in line for £200m contract

16th September 2020 – © AFP/Getty Former Washington lobbyist Shanker Singham has been described as the ‘Brexiteers’ brain’. A consultant who had a leading role in the campaign for an alternative to Theresa May’s Irish border “backstop” is in the running for all or part of a £200m government contract related to the post-Brexit checks down the Irish sea. Shanker Singham, one of the main proponents of the so-called “alternative...

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Brexit: UK firms 'under-prepared' for new EU trading rules

Brexit: UK firms ‘under-prepared’ for new EU trading rules

9 September 2020  The lack of preparedness among firms for changes to the UK’s trading rules with the EU in January is “concerning”, a top business group has said. Research by the British Chambers of Commerce suggests many have not taken key steps to prepare for life outside the EU single market and customs union. It blamed the coronavirus pandemic and “inconsistent” government messaging. The government said it would...

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Zelensky obliges govt to create information resource for declaring goods – decree on fight against smuggling

Zelensky obliges govt to create information resource for declaring goods – decree on fight against smuggling Ukrainian President Volodymyr Zelensky has signed a decree aimed at decreasing smuggling and corruption during customs declaration of goods imported to the customs territory of Ukraine. According to the decree signed on Tuesday, the Cabinet of Ministers of Ukraine on the unified web portal of the executive authorities should ensure the creation of...

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Japan’s export control to further strain Korean economy

The Korean Times July 5, 2019 By Lee Kyung-min  Japan’s export control of key materials needed to produce semiconductors and displays will deal a significant blow to Asia’s fourth-largest economy, economists said Friday.  “Given that semiconductors account for about 6 percent of the country’s GDP, a 10 percent drop in the export volume could lead to a 0.6-percentage-point drop in the growth rate,” KB Securities Chief Economist Chang Jae-chul...

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China rolls out measures to facilitate customs clearance

Li Xia BEIJING, July 3 (Xinhua) — China has adopted 10 concrete measures to streamline customs clearance by cutting time and improving work efficiency, according to the General Administration of Customs Wednesday. Those measures are mainly targeted at further simplifying documentations, optimizing clearance processes to raise efficiency, enhancing port informatization and lowering port charges, said Hu Wei, vice minister of the administration. At present, the number of documents required...

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Non-tariff barriers hurdle for Asean community targets

The Business Times July 1, 2019 WITHOUT a stronger focus on tackling non-tariff barriers, Asean will not accomplish the objectives of the Asean Economic Community (AEC) and will fail to meet the targets in the AEC Blueprint 2025, warns a June 22 report. Jointly commissioned by the European Union-Asean Business Council (EU-ABC) and the Asean Business Advisory Council (Asean BAC), the report examines non-tariff barriers in the region’s automotive,...

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Cambodia launches National Single Window

Chea Vannak / Khmer Tim July 1, 2019 Aun Pornmoniroth, The Ministry of Economy and Finance of the Cambodia last week launched the National Single Window (NSW) aiming to facilitate import and export activities. According to a statement dated June 25, NSW is a facility that allows parties involved in trade and transport to lodge standardised information and documents with a single entry point to fulfill all import, export,...

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