Yahoo! News reports that South Korea and the European Union recently resumed free trade talks amid hopes for striking a deal by the end of this year. The fourth round of talks began with negotiations focusing on a dispute over tariffs to be removed over cars and other goods and services. (Yahoo, dated 10/15/07, available at http://news.yahoo.com/s/afp/20071015/ts_afp/skoreaeutradefta)
Automated Commercial Environment (ACE)
The Automated Commercial Environment (ACE) is the CBP's electronic system through which the international trade community reports imports and exports to and from the U.S. and the government determines admissibility.
U.S. Customs and Border Protection previously issued two ABI administrative messages1 providing answers to frequently asked questions regarding what brokers can and cannot do via the Automated Commercial Environment portal with the CBP Form 5106 (importer ID input record add/update) for either U.S. or non-resident importers.
U.S. Customs and Border Protection recently issued a general notice announcing CBP's plan to conduct a new National Customs Automation Program (NCAP) test concerning Automated Commercial Environment (ACE) Entry Summary, Accounts and Revenue (ESAR) capabilities, the first aspect of which is ESAR A1.
U.S. Customs and Border Protection issued an ABI administrative message announcing that CBP has been advised that some of the Automated Commercial Environment (ACE) account revenue reports are incorrectly showing November 26, 2007 as the payment due date for the November Periodic Monthly Statement (PMS).
U.S. Customs and Border Protection has posted a notice to its Web site and issued a press release announcing that the Automated Commercial Environment application can now be completed, signed digitally, and emailed directly to CBP.
U.S. Customs and Border Protection has issued its weekly tariff rate quota and tariff preference level commodity report as of October 22, 2007. This report includes TRQs on various products such as beef, sugar, dairy products, peanuts, cotton, cocoa products, tobacco, certain BFTA, DR-CAFTA, Israel FTA, JFTA, MFTA, SFTA, UAFTA (AFTA) and UCFTA (Chile FTA) non-textile TRQs, etc. Each report also includes the AGOA, ATPDEA, BFTA, DR-CAFTA, CBTPA, Haitian HOPE, MFTA, NAFTA, SFTA, and UCFTA TPLs and TRQs for qualifying apparel and/or other textile articles, the TRQs on worsted wool fabrics, etc. (CBP's weekly TRQ/TPL commodity report, dated 10/22/07, available at http://www.cbp.gov/xp/cgov/import/textiles_and_quotas/commodity/)
U.S. Customs and Border Protection has issued a general notice announcing CBP's plan to conduct a new National Customs Automation Program (NCAP) test concerning Automated Commercial Environment (ACE) Entry Summary, Accounts and Revenue (ESAR) capabilities, the first aspect of which is ESAR A1.
U.S. Customs and Border Protection has posted to its Web site a notice announcing the opening of the tariff rate quota on mixes and doughs as provided for in HTS Chapter 19, Additional U.S. Note 3 for fiscal year 2008.
U.S. Customs and Border Protection has issued two ABI administrative messages1 providing answers to frequently asked questions regarding what brokers can and cannot do via the Automated Commercial Environment portal with the CBP Form 5106 (importer ID input record add/update) for either U.S. or non-resident importers.
On October 4, 2007, the Senate Commerce, Science, and Transportation Committee held a hearing entitled "Security of Our Nation's Seaports."