In October 2023, new foreign trade regulations from the European Union, the United Kingdom, Iran, the United States, India and other countries will come into effect, involving import licenses, trade bans, trade restrictions, customs clearance facilitation and other aspects.
New regulations New foreign trade regulations in October
1. China-South Africa Customs officially implements AEO mutual recognition
2. my country’s cross-border e-commerce export and return commodity tax policy continues to be implemented
3. The EU officially begins the transition period for imposing “carbon tariffs”
4. EU issues new energy efficiency directive
5. The UK announces a five-year extension to the ban on the sale of fuel vehicles
6. Iran gives priority to importing cars priced at 10,000 euros
7. The United States releases final rules on restrictions on Chinese chips
8. South Korea revised the implementation details of the Special Law on Imported Food Safety Management
9. India issues quality control order for cables and cast iron products
10. Panama Canal navigation restrictions will last until the end of 2024
11. Vietnam issues regulations on technical safety and quality inspection and certification of imported automobiles
12. Indonesia plans to ban goods trading on social media
13. South Korea may stop importing and selling 4 iPhone12 models
1. China and South Africa Customs officially implemented AEO mutual recognition. In June 2021, the customs of China and South Africa officially signed the “Certified Agreement between the General Administration of Customs of the People’s Republic of China and the South African Revenue Service on the Chinese Customs Enterprise Credit Management System and the South African Revenue Service” “Arrangement for Mutual Recognition of Economic Operators” (hereinafter referred to as the “Mutual Recognition Arrangement”), decided to formally implement it from September 1, 2023. According to the provisions of the “Mutual Recognition Arrangement”, China and South Africa mutually recognize each other’s “Authorized Economic Operators” (AEOs for short) and provide customs clearance convenience for goods imported from each other’s AEO companies.
2. The tax policy on returned goods exported by my country’s cross-border e-commerce continues to be implemented. In order to support the accelerated development of new business forms and models such as cross-border e-commerce, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation recently jointly issued an announcement to continue the implementation of cross-border e-commerce exports. Returned merchandise tax policy. The announcement stipulates that for exports declared under the cross-border e-commerce customs supervision codes (1210, 9610, 9710, 9810) between January 30, 2023 and December 31, 2025, due to unsalable or returned goods, the export date will be reduced from the date of export. Goods (excluding food) returned to China in their original condition within 6 months will be exempt from import duties, import value-added tax, and consumption tax.
3. The EU officially begins the transition period for the imposition of “carbon tariffs”. On August 17, local time, the European Commission announced the implementation details of the transition period of the EU Carbon Border Adjustment Mechanism (CBAM). The detailed rules will take effect from October 1 this year and will last until the end of 2025. The levy will be officially launched in 2026 and will be fully implemented by 2034. The implementation details of the transition period announced by the European Commission this time are based on the “Establishing a Carbon Border Regulation Mechanism” announced by the EU in May this year, detailing the obligations involved in the EU carbon border regulation mechanism product importers, and calculating the emissions released during the production process of these imported products. Transitional approach to greenhouse gas quantities. The rules stipulate that during the initial transition phase, importers will only need to submit carbon emission information reports related to their goods without making any financial payments or adjustments. After the transition period, when it takes full effect on January 1, 2026, importers will need to declare the quantity of goods imported into the EU in the previous year and the greenhouse gases they contain every year, and hand over the corresponding number of CBAM certificates. The price of the certificate will be calculated based on the average weekly auction price of EU Emissions Trading System (ETS) allowances, expressed in euros per ton of CO2 emissions. During the period 2026-2034, the phase-out of free allowances under the EU emissions trading system will be synchronized with the gradual adoption of CBAM, culminating in the total elimination of free allowances in 2034. In the new bill, all EU industries protected in the ETS will be granted free quotas, but from 2027 to 2031, the proportion of free quotas will gradually reduce from 93% to 25%. In 2032, the proportion of free quotas will drop to zero, three years earlier than the exit date in the original draft.
4. The European Union issued a new energy efficiency directive. The European Commission issued a new energy efficiency directive on September 20, local time, which will take effect 20 days later. The directive includes reducing the EU’s final energy consumption by 11.7% by 2030, improving energy efficiency and further reducing dependence on fossil fuels. EU energy efficiency measures focus on promoting reforms in policy areas and promoting unified policies across EU member states, introducing a unified energy labeling system in industry, the public sector, buildings and the energy supply sector.
5. The UK announced that the ban on the sale of fuel vehicles will be postponed for five years. On September 20, the British Prime Minister announced that the ban on the sale of new gasoline and diesel-powered cars will be postponed for five years, from the original plan of 2030 to 2035. The reason is that this goal It will bring “unacceptable costs” to ordinary consumers. It believes that by 2030, even without government intervention, the vast majority of cars sold in the UK will be new energy vehicles.
6. Iran gives priority to importing cars with a price of 10,000 euros. The Yitong News Agency reported on September 19 that Zaghmi, deputy minister of the Ministry of Industry, Mines and Trade of Iran and the person in charge of the car import project, announced that the priority of the Ministry of Industry, Mines and Trade is to import cars with a price of 10,000 euros. Economy cars to rectify car market prices. The next step will be to import electric and hybrid vehicles.
7. The United States issued final rules to impose restrictions on Chinese chips. According to the New York Times website, the U.S. Biden administration issued final rules on September 22 that will prohibit chip companies that apply for U.S. federal funding support from increasing production and conducting scientific research cooperation in China. , saying this was to protect the so-called “national security” of the United States. The final restrictions would ban companies that receive U.S. federal funds from building chip factories outside the United States. The Biden administration said companies will be prohibited from significantly expanding semiconductor production in “foreign countries of concern” – defined as China, Iran, Russia and North Korea – for 10 years after receiving the funds. The regulations also restrict companies receiving funds from conducting certain joint research projects in the above-mentioned countries, or providing technology licenses to the above-mentioned countries that may raise so-called “national security” concerns.
8. South Korea revised the implementation details of the Special Law on Imported Food Safety Management. The Ministry of Food and Drugs of South Korea (MFDS) issued Prime Ministerial Decree No. 1896 to revise the implementation details of the Special Law on Imported Food Safety Management. The rules will be implemented on September 14, 2023. The main revisions are as follows: In order to efficiently carry out import declaration business, for repeatedly imported foods that pose low public health risks, import declarations can be accepted in an automated manner through the imported food comprehensive information system, and import declaration confirmations can be automatically issued. However, the following cases are excluded: imported foods with additional conditions, imported foods subject to conditional declarations, imported foods for the first time, imported foods that should be inspected according to regulations, etc.; when the local Ministry of Food and Drugs finds it difficult to determine whether the inspection results are qualified through automated methods, Imported food shall be inspected in accordance with the provisions of Article 30, Paragraph 1. The comprehensive information system should also be regularly verified to confirm whether the automatic import declaration is normal; some deficiencies in the current system should be improved and supplemented. For example, facility standards have been relaxed so that housing can be used as offices when conducting e-commerce or mail-order businesses for imported food.
9. India issued quality control orders for cables and cast iron products. Recently, the Department of Industry and Domestic Trade Promotion of the Ministry of Commerce and Industry of India issued two new quality control orders, namely the Solar DC Cables and Fire Life-saving Cables (Quality Control) Order (2023) ” and the “Cast Iron Products (Quality Control) Order (2023)” will officially come into effect in 6 months. Products included in the quality control order must comply with relevant Indian standards and be certified by the Bureau of Indian Standards and affixed with the standard mark. Otherwise, they may not be produced, sold, traded, imported or stored.
10. Panama Canal navigation restrictions will continue until the end of 2024. The Associated Press reported on September 6 that the Panama Canal Authority stated that the Panama Canal water level recovery did not meet expectations. Therefore, ship navigation will be restricted for the rest of this year and throughout 2024. The measures will remain unchanged. Previously, the Panama Canal Authority began to limit the number of passing ships and their maximum draft at the beginning of this year due to the drop in water levels in the canal caused by the ongoing drought.
11. Vietnam issued regulations on technical safety and quality inspection and certification of imported automobiles. According to the Vietnam News Agency, the Vietnamese government recently issued Decree No. 60/2023/ND-CP, which regulates the quality, technical safety and environmental protection inspection, technical safety and environmental protection inspection of imported automobiles and imported parts. Certification is clearly defined. According to the decree, recalled cars include cars recalled based on recall announcements issued by manufacturers and cars recalled at the request of inspection agencies. Inspection agencies make recall requests based on verification results based on specific evidence and feedback on vehicle quality, technical safety and environmental protection information. If a car that has been put on the market has technical defects and needs to be recalled, the importer shall perform the following responsibilities: The importer shall notify the seller to stop sales within 5 working days from the date of receipt of the recall notice from the manufacturer or the competent authority. Solving faulty defective automotive products. Within 10 working days from the date of receipt of the recall notice from the manufacturer or inspection agency, the importer must submit a written report to the inspection agency, including the cause of the defect, remedial measures, number of recalled vehicles, recall plan and timely and comprehensive Publish recall plan information and recalled vehicle lists on the websites of importers and agents. The decree also clarifies the responsibilities of inspection agencies. In addition, if the importer can provide evidence that the manufacturer does not cooperate with the recall plan, the inspection agency will consider stopping the technical safety, quality and environmental inspection and certification procedures for all automotive products of the same manufacturer. For vehicles that need to be recalled but have not yet been certified by the inspection agency, the inspection agency should notify the customs at the place of import declaration to allow the importer to temporarily take delivery of the goods so that the importer can take remedial measures for the problem vehicles. After the importer provides a list of vehicles that have completed repairs, the inspection agency will continue to handle inspection and certification procedures in accordance with regulations. Decree No. 60/2023/ND-CP will come into effect on October 1, 2023, and will apply to automotive products from August 1, 2025.
12. Indonesia plans to ban commodity trading on social media. Indonesian Trade Minister Zulkifli Hassan made it clear in a public interview with the media on September 26 that the department is stepping up the formulation of e-commerce regulatory policies and the country will not allow it. The social media platform is engaged in e-commerce transactions. Hassan said that the country is improving relevant laws in the field of e-commerce, including restricting social media platforms to only be used as channels for product promotion, but product transactions cannot be conducted on such platforms. At the same time, the Indonesian government will also restrict social media platforms from engaging in e-commerce activities at the same time to avoid the abuse of public data.
13. South Korea may stop importing and selling 4 iPhone 12 models. South Korea’s Ministry of Science, Technology, Information and Communications stated on September 17 that it plans to test 4 iPhone 12 models in the future and disclose the results. If the test results show that the electromagnetic wave radiation value exceeds the standard, it may Order Apple to make corrections and stop importing and selling related models
Post time: Oct-10-2023