New GSP Rules of Origin

New GSP Rules of Origin

19 November 2010

The Generalised System of Preferences (GSP) rules of origin are finally being simplified. According to HMRC in 2009, circa £635m of customs duty was saved by UK importers who imported goods under the GSP system.

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EU Pushes for review of Information Technology Agreement

EU Pushes for review of Information Technology Agreement

19 November 2010

The saga following the WTO ruling on High-Tech goods rolls on!.

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G20 Agrees to Address Currency Manipulation

G20 Agrees to Address Currency Manipulation

19 November 2010

It was announced at the G20 meeting in Seoul that leaders of the G20 have agreed to avoid “competitive devaluation” (or “currency manipulation” as it is otherwise known) and that they have agreed to develop “indicative guidelines” to tackle trade imbalances affecting world growth.

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2011 EU Customs Tariff Published

EU Introduces Additional Duties on Imports of Chinese Paper

EU Introduces Additional Duties on Imports of Chinese Paper

12 November 2010

Following on from an anti-subsidy investigation that was launched in April this year, the EU has levied anti-dumping duties (ADD) on products covering 16 Tariff Sub-Headings within Tariff Heading 4810 that originate from China.

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