In the April 12 edition of the Official Journal of the European Union the following trade-related notices were posted:
The United Kingdom recently put up two new webpages to help businesses get ready for importing and exporting with the European Union in the event of a no-deal Brexit. The checklists include guidance documents at each step with more detailed information on what new importers and exporters must do to keep trading with the EU after a no-deal Brexit. The EU and U.K. recently postponed the latter’s withdrawal from the EU until Oct. 31 (see 1904100077).
The United Kingdom’s Department for International Trade on April 12 posted details of its recently concluded trade continuity agreements with Norway and Iceland, as well as two letters on temporary treatment for Norwegian and Icelandic products after Brexit. The agreements, which take effect in the event the U.K. leaves the European Union with no transition deal in place, would keep tariffs at current levels rather than most-favored nation rates.
The government of Canada recently issued the following trade-related notices as of April 12 (note that some may also be given separate headlines):
The Mexican Confederation of Customs Broker Associations (CAAAREM) issued a circular April 12 correcting earlier information it disseminated on recent changes to the Mexican tariff schedule. The new circular says some tariff rate increases from 20 percent to 25 percent on goods of chapters 61, 62 and 63 will take effect May 6, not April 11 as it previously reported (see 1904110057), and remain in effect for 180 days. The circular was posted by the trade consultancy AJR Mexico.
A report in the Japanese press says that Japan's Economic and Fiscal Policy Minister Toshimitsu Motegi will meet with U.S. Trade Representative Robert Lighthizer April 15-16 in Washington, but that auto export quotas, something Lighthizer pushed for in the 1980s, are unacceptable. The free-trade agreement talks, first announced in September 2018 (see 1809260049), could address non-tariff barriers. Nikkei Asian Review reporters say that Japan "is willing to discuss the streamlining of customs procedures should Washington demand them. But it does not plan to negotiate issues that will take years to realize because of the legislative revisions required, including the drug-pricing system, financial regulations and food safety standards." American drug makers are frustrated by new price constraints in Japan, and want that addressed (see 1904030043).
U.S. Agriculture Secretary Sonny Perdue called Vietnam's recent ban on importation of glyphosate “devastating,” saying it could cause significant ramifications for global agricultural production. Perdue also said Vietnam “sidestepped its obligation” to notify the World Trade Organization of the ban and that Vietnam should be concerned about consequences for its farmers. “There’s the very real risk that Vietnam’s farmers will turn to unregulated, illegal chemical products in place of glyphosate,” Perdue said.
China and Croatia have signed an agreement to establish a “joint work group” that will improve “trade cooperation” between the two counties, according to a press release from China’s Ministry of Commerce. China called the agreement a “new platform for investment and cooperation,” and will continue to meet with Croatia to consult on “strengthening information exchange on policies” and “address barriers” in specific projects. Specifics of the agreement were not immediately released.
China’s Administration of Customs is expanding a campaign to combat solid waste smuggling, according to an April 12 press release, including “deepening law-enforcement cooperation with foreign countries” and “market regulation authorities.” The announcement comes less than a month after China Customs said it seized more than 300,000 tons of smuggled imported trash from a scheme that involved 22 smuggling groups (see 1903250021).
The Treasury’s Office of Foreign Assets Control sanctioned four companies and nine ships associated with transporting oil to and from Venezuela in another effort to isolate the Nicolas Maduro regime, OFAC said in an April 12 notice. OFAC said the companies used the oil tankers to deliver oil from Venezuela to Cuba between January and March. Six of the ships were linked to PB Tankers S.P.A., based in Italy. One each was linked to Liberia-based companies Jennifer Navigation Limited, Large Range Limited and Lima Shipping Corporation. The notice includes the maritime identification numbers and names of the ships owned by PB Tankers: Silver Point, Alba Marina, Gold Point, Ice Point, Indian Point and Iron Point. In a statement, Treasury Secretary Steven Mnuchin said OFAC will continue to target companies that transport Venezuelan oil to Cuba, as they “are profiting while the Maduro regime pillages natural resources.”