Tariffs. Customs. Trade Remedies

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Venezuela

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Following on from a meeting of the EU Foreign Affairs Council (“FAC“) yesterday, at which the FAC unanimously agreed to impose restrictive measures on Venezuela, the EU has today published Council Decision 2017/2074 and Council Regulation (EU) 2017/2063 (together, the “Legislation“). The Legislation prescribes targeted sanctions against Venezuela, including an arms embargo, with immediate effect.

The Legislation has been formulated in response to the continuing crisis in Venezuela and the perceived deterioration of democracy, the rule of law and human rights. In particular, the EU has expressed concern over the opaque and irregular election by which the Constituent Assembly was elected, and reported violations of human rights and fundamental freedoms. The EU therefore views the Legislation as a justified tool to help foster a credible and peaceful negotiated solution.

On May 26, 2017, the Department of State published in the Federal Register a determination and certification [Public Notice: 10006] to Congress that the following countries are not cooperating fully with United States antiterrorism efforts: Eritrea, Iran, Democratic People’s Republic of Korea (DPRK, or North Korea), Syria and Venezuela The determination and certification were made under section 40A of the Arms Export Control Act.

  On May 26, 2016, the Department of State published in the Federal Register a document [Public Notice: 9584] announcing that on May 3, 2016, it certified that 14 shrimp-harvesting nations (Colombia, Costa Rica, Ecuador, El Salvador, Gabon, Guatemala, Guyana, Honduras, Mexico, Nicaragua, Nigeria, Pakistan, Panama, and Suriname) have a regulatory program comparable to that of the United States governing the incidental taking of the relevant species of sea turtles in the course of commercial shrimp…

  On March 7, 2016, the Federal Register published Presidential Notice of March 3, 2016 – Continuation of the National Emergency With Respect to Venezuela which continues for an additional year the national emergency first declared in Executive Order (EO) 13692 (March 8, 2015) with respect to the situation in Venezuela, including the Government of Venezuela’s erosion of human rights guarantees, persecution of political opponents, curtailment of press freedoms, use of violence and human rights violations…

On October 5, 2015, the Federal Register published Proclamation 9333 of September 30, 2015 – To Modify Duty-Free Treatment Under the Generalized System of Preferences and for Other Purposes. The proclamation: • modifies, effective October 1, 2015, the Rates of Duty 1–Special subcolumn for the corresponding Chapter 52, HTS subheadings in order to designate certain articles as eligible articles only when imported from a least-developed (LD) beneficiary developing country (BDC) for purposes of the Generalized…