Global Affairs Canada publicly released the initial environmental assessment of the Canada-Pacific Alliance Free Trade Agreement negotiations, it said in a notice in the Canada Gazette, Part I. Negotiations for the FTA with the Pacific Alliance, which includes Chile, Colombia, Mexico and Peru, began in 2017, GAC said. While Canada already has trade deals with those countries, a Canada-PA FTA would help modernize those agreements and add some market access improvements, it said. "Given the high quality of existing FTAs between Canada and all of the PA countries, the economic impact expected from the negotiation of an FTA with the PA is modest," GAC said. "Therefore, the environmental impact is expected to be very limited." Comments on the assessment are due by Aug. 5. "Once negotiations conclude, and prior to ratification of the agreement, a final environmental assessment will be undertaken to assess the potential impacts of the negotiated outcome on the environment," GAC said.
South Korea criticized Japan’s recent decision to increase restrictions on certain technology exports to South Korea, calling the move “a form of political retaliation” and threatening retaliatory action, according to a July 5 report from The Korea Herald posted on the Asia News Network website. Japan’s Ministry of Economy, Trade and Industry announced plans to increase export restrictions on high-tech items used for smartphones and chips, effective July 4. The move will impact large South Korean technology companies such as Samsung and LG Display (see 1907010020). South Korea’s National Security Council called the move a violation of international law and “vowed active diplomatic countermeasures” against Japan, the news report said. South Korea’s Deputy Prime Minister and Finance Minister Hong Nam-ki also said the country plans to take “corresponding measures,” including filing a complaint with the World Trade Organization, according to the report.
The Census Bureau posted the July issue of TradeSource, the agency's trade-focused newsletter. Among topics in this issue is a comparison of AESDirect Shipment Manager and ACE Export Reports. "Both tools were designed to assist exporters and agents in managing their export transactions, but each has its own purpose," said Maritza Torres and Mayumi Brewster of the Governments and Trade Management Division. ACE Export Reports "includes all shipment data that is found in the Automated Export System (AES)," while the Shipment Manger "is limited to shipments filed only in AESDirect." Another item in this issue examines the benefits of foreign-trade zones.
Jersey’s minister for external relations put forth a sanctions law last fall that has been enacted to “preserve Jersey’s power” to impose European Union sanctions after the United Kingdom leaves the EU, according to a press release and a July 3 notice. The law gives Jersey, one of the Channel Islands off the coast of France, the right to impose the same sanctions as under the U.K.’s current regime, including the U.K.’s Sanctions and Anti-Money Laundering Act, after Brexit. The change takes effect July 19, the notice said.
The United Nations Security Council Sanctions Committee on Iraq removed sanctions from 13 Iraq entities on its list, according to a July 4 notice and June 28 press release. The move comes just four days after the same committee approved lifting sanctions on 17 separate Iraq entities (see 1906270014).
The Census Bureau updated the Automated Export System (AES) with changes to the Schedule B, Harmonized Tariff Schedule (HTS), and HTS Codes that are not valid for AES tables, the agency said in a July 5 email. The changes, which are "effective immediately," reflect the HTS update from July 1. "AES will accept shipments with outdated codes during a grace period for 30 days beyond the expiration date of June 30, 2019," the agency said. "Reporting an outdated code after the 30-day grace period will result in a fatal error."
The EU is creating a new, streamlined declaration type for low value imports worth less than €120, it said in a notice published in the July 5 Official Journal. The new customs declaration type contains fewer data elements than standard customs declarations, but still includes information on value-added tax as a result of the upcoming assessment of value-added tax on low-value imports. The new declaration type must be implemented by the time the VAT exemption for low-value gods is eliminated on Jan. 1, 2021, the notice said.
In the July 3 edition of the Official Journal of the European Union the following trade-related notices were posted:
The United Kingdom made several technical changes to its Export Control Order of 2008, the U.K.’s Department for International Trade said in a June 30 press release. Among the changes, the U.K. is updating its list of defense-related products to correspond with changes made to the European Common Military List, the press release said.
The EU plans to extend its antidumping and countervailing duty collections to the continental shelf and exclusive economic zones of the member states, the European Commission said in a July 3 news release. "Until now, EU customs rules only allowed trade defence measures to be applied to goods imported into the customs territory of the Union," it said. "The rules did not apply to goods brought to the continental shelf or exclusive economic zones of EU Member States, for instance for the exploitation of natural resources such as extraction of oil and gas and off-shore windmills." The new regulations are aligned with major EU trading partners, including the U.S., India and Brazil, it said. Exclusive economic zones are sea zones "over which a state has special rights regarding the exploration and use of marine resources" and can be beyond a state's territorial waters, it said. The continental shelf is "the shelf extending from the coastline of the state to a drop-off point in the ocean," the EC said. The EU member states will have four months to "put in place the necessary administrative procedures," the EC said.