How Much Do You Know About Foreign Trade Quotations? The United States, Vietnam, Kampuchea, India And Many Other Countries Update The New Import Regulations.

Liu He was invited to the United States to hold the seventh round of Sino US economic and trade consultations.

In February 15th, China and the United States reached a principled consensus on major issues in Beijing's trade consultation.

China and the United States earnestly implement the consensus of the two heads of state of the Argentina meeting, and have conducted in-depth exchanges on issues such as technology pfer, intellectual property protection, non-tariff barriers, services, agriculture, trade balance, implementation mechanism and other issues of common concern and Chinese concerns.

The Xinhua News Agency reported that China and the United States had carried out specific consultations on the memorandum of understanding on bilateral economic and trade issues.

The two sides said they would work hard and reach agreement on the deadline set by the two heads of state.

The two sides continued their consultations in Washington on from February 21st to 22nd.

India

Shipping cargo manifest and phipment regulations will take effect in March 1st.

India shipping cargo manifest and phipment regulations (SCMTR),

According to the new regulation, before entering the last port of call, ships need to submit the imported cargo manifest ahead of time. Before leaving the port of India, they will submit the exit manifest electronically in advance.

Import cargo manifest (AM): mandatory import cargo manifest stipulates that the entry manifest must be submitted to the customs before the ship leaves the last foreign port.

It is applicable to all containers that are discharged at India port as local imports or pported by intermediate phipment.

Information that must be provided for the manifest of imported goods:

The exit manifest (DM) is submitted: the mandatory exit cargo manifest stipulates that the ship must submit the manifest of the outbound cargo to the customs before sailing at the port of loading in India.

It is suitable for all containers loaded at India port.

Therefore, according to the new regulation, future shippers who export to India should provide the following information to freight forwarders:

One

The importer's IE code;

Import & export Code (IEC) of importer;

Two

GST Identification No (GSTIN) of importer;

Three

Official email ID of importer (to be used for correspondence by by correspondence).

Indonesia

All commercial services must be authenticated by halal.

Indonesia will implement all the goods and services this year, with the requirement of halal certification (Halal).

Once the new law is implemented, the halal product certification authority will cooperate with the Islamic Council of scholars, which is responsible for verification and issuance of halal certification, to start processing business applications for halal certification.

Iraq

Exporting Iraq must provide "import license".

In February 14, 2019, the Iraqi customs began to implement new regulations on the import of tax goods. The main content of the new regulation is that all imported goods must be provided with the following documents:

One

Two

Three

Important reminder: import licenses are not needed before, and extra care should be taken.

Tanzania

Implementation of the new policy of limiting weight in March 1st

The Ministry of pport of the Tanzania will implement the new policy of heavy restriction from March 1st onwards.

Offenders may cause delay in delivery and fines, and fines and related costs shall be borne by the consignor / consignee.

Senegal

Implementation of the new CTN system starting in March 1st

The Senegal authorities will implement the new CTN/BSC rules from March 1st to the port of destination.

Recently, the shipping company MSC has issued a notice to remind the consignor / booking agent to provide the CTN/BSC number on the bill of lading sample, and the shipper can apply for the CTN/BSC number through the relevant website.

The liability, risk and cost arising from the wrong number, omission or deviation shall be borne by the consignor or the booking agent.

Britain

New ways to update gifts

The Quartet issued the notice of Hongkong DHL channel about declaring a gift to Britain.

The notice indicates that the sellers declare that the import of British goods by gift means must satisfy three conditions at the same time: the recipient must be a private resident; the sending party must be used for private purposes (in the name of the company or for commercial purposes); the shipment is delivered at one time (not for multiple pmissions within the month).

Besides,

Consider exemption from import duties without agreement

According to the financial times February 6th, Liam Fox, British Minister of China World Trade Center, said at the meeting of ceramic industry representatives.

Laura Cohen, executive director of the BCC, said the practice would damage the domestic market.

In addition, the British Federation of trade unions (GMB) also criticized the idea is not feasible.

A spokesman for the British Ministry of China World Trade Center said that the abolition of import tariffs is only one of many proposals, not a government policy, and the government will inspect all kinds of plans one by one.

The spokesman did not show any other proposals.

If the United Kingdom cancels import tariffs without agreement, it will maintain the trade between the Dover port of the United Kingdom and the Calais port of France.

However, under the WTO regulation, the UK can not impose zero tariffs on the EU only. It will cover all WTO Member States, but the beneficiary countries have no obligation to cancel tariffs.

Barry Gardiner, the shadow minister of China World Trade Center, said that the abolition of tariffs might lead to serious unemployment in various industries.

Malaysia

Ending anti-dumping duties on products such as hot-rolled coil in mainland China

The Ministry of foreign trade and industry of Malaysia, on the basis of its countervailing duties and anti-dumping duties act of 1993 and the 1993 anti subsidy and anti dumping tariff regulations, conducted an administrative review of the hot-rolled coil products imported from mainland China and Indonesia in August 14, 2018, and concluded that there was no manufacturer producing the products mentioned above. Therefore, it will not affect the steel industry of Malaysia, nor will it have any negative effect on the Malaysian industry or cause harm to the industry.

In July 17, 2018, the Malaysian government received complaints from interested parties that the government of the Republic of Malaysia imposed anti-dumping duties on imported products such as Hot-Rolled Coils and Mainland China from 5 to February 13, 2020 on February 14, 2015, with a duty rate ranging from 2.49% to 25.4%.

Vietnam?

These raw materials are heavily dependent on imports.

Vietnamese companies find it difficult to improve their production value because they are too dependent on imported raw materials.

Nguyen Van Tuan, chairman of Vietnam Cotton & Spinning Association: VCOSA, Vietnam, said that

In the footwear industry, the Vietnamese leather footwear and handbags Association (Vietnam Leather, Shoes & Handbags) chairman Nguyen Duc Thuan said that many Vietnamese companies manufacture high-end leather goods, metal parts and braided lines to make shoes.

However, the production capacity of enterprises is still very weak, and the products produced are not competitive with manufacturers in mainland China.

The electronics industry is also facing the same problem, which exports a lot every year, but imports of raw materials account for 77% of the value of the product.

Pharmaceuticals account for 85-90% and plastic industry accounts for 70-80%.

Cambodia

EU's launch process wants to suspend tariff concessions for Kampuchea's exports to Europe

In February 11th, the European Union formally launched a procedure to suspend tariff preferences for Kampuchea's exports to Europe on the basis of Kampuchea's "serious damage to human rights and labor rights".

According to the announcement issued on the same day by the European Commission, the suspension process lasted for a year. In the first half of the year, the European Union will closely monitor the Cambodian side's trend and contact with the Cambodian government. After half a year, the European Union will produce a report based on the results of the investigation.

The announcement indicates that the EU will then make a "final ruling" on whether to suspend tariffs on products exported to Europe in Kampuchea.

If "affirmative final ruling" is issued, the scope and time limit for the suspension of tariff preferences will be announced, and the "sanction" measures will take effect after six months.

Kampuchea is now a beneficiary of the GSP system of the EU tariff preferences system and enjoys special preferential treatment under the GSP special arrangements, that is, in addition to arms and ammunition, its exports to Europe enjoy tariff free and quota free treatment.

But since July last year, the European Commission has launched an investigation into the human rights situation in Kampuchea.

At the end of 1 this year, approved by EU Member States, the European Commission decided to start a procedure to suspend tariff preferences for Kampuchea's exports to Europe.

According to the statistics provided by the European Union, the products exported to Europe in 2018 were mainly textiles, shoes, semi-finished products, rice, bicycles and so on. The total value of the products exported to Europe was about 4 billion 900 million euros, of which 99% of the products (worth about 4 billion 800 million euros) enjoyed preferential tariff treatment in Kampuchea.

European Union

NPE ban on textiles

Recently, the European Union has adopted a ban on nonylphenol polyoxyethylene ether (NPE) in textiles.

The ban has set a 5 year pition period. If the content of textile NPE exceeds 0.01% (i.e. 100mg/kg) after the expiry, it will not be allowed to enter the EU market.

The industry believes that the ban will have far-reaching impact on textile enterprises.

Implementation of new enhanced drug safety regulations since February 9th

The EU Falsified Medicines Directive came into effect in February 9, 2019. The the box of preion sold in the EU market must have the required bar code (2-D barcode) and tamper resistant device (anti-tampering device).

Pharmacies (including online sellers) and hospitals are responsible for the authenticity of drugs before they are sold to patients, so as to ensure the safety of drugs sold in the European Union.