On 31 October 2021, the EU and US issued a joint statement announcing that they had reached an agreement to end their dispute over steel and aluminium tariffs. This agreement removes the US “Section 232” tariffs on imports of EU steel and aluminium, imposed during the Trump administration, whilst the EU has agreed to suspend additional duties imposed on US goods in retaliation. Both sides have also agreed to suspend disputes initiated against each other at…
Baker McKenzie’s Global Compliance News Blog published “European Union: New MDCG guidance – MDR compliance of legacy devices and requirements for parallel imports,” which can be viewed here.
During the latest session of the Technical Committee on Customs Valuation (“TCCV”), the TCCV adopted Advisory Opinion 4.19, a new instrument on royalties and licence fees under Article 8.1(c) of the Customs Valuation Agreement (“CVA”). The new Opinion advises on how a single royalty paid for the right to use or incorporate a patented imported input in the production of a finished product in the country of importation and how the use of a trademark…
Baker McKenzie’s International Commercial & Trade Blog published “Vietnam: Updated regulations affecting e-commerce platforms” which can be viewed here.
On October 8, 2021, the Office of the United States Trade Representative (“USTR”) issued a notice and request for public comments on the potential reinstatement of certain exclusions of tariffs on Chinese imports imposed under USTR’s Section 301 investigation. USTR will examine 549 previously granted exclusions, many of which expired since December 31, 2020, for possible reinstatement. USTR will evaluate each exclusion on a case-by-case basis. The list of exclusions USTR seeks comments on can…
Baker McKenzie’s Insight Plus Blog published “Argentina: Amendment to the electric safety regime” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Turkey Introduces New Amendments to Customs Regulations” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Italy: New Guidance on translation of labels and repackaging of medical devices,” which can be viewed here.
Baker McKenzie’s Global Supply Chain Compliance Blog published “Proposed EU Forced Labour Import Ban,” which can be viewed here.
Baker McKenzie’s Insight Plus Blog published “Vietnam: Ministry of Finance releases draft decree on management of e-commerce transacted imports and exports,” which can be viewed here.