EU: Trade and customs update

EU: Trade and customs update

A committee of the European Parliament this week considered a final proposal of the European Commission concerning the Union Customs Code. If all requirements are completed, the UCC would be effective 1 May 2016.

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Read a September 2015 report prepared by the KPMG member firms in the Netherlands and Belgium: Trade & Customs News

 

Other topics discussed in this KPMG report include:

  • Information Technology Agreement (ITA) extended: list of IT products available
  • Update on the Generalized Scheme of Tariff Preferences (GSP)
  • Serbia joining the Common Transit Convention soon
  • Negotiations for a free trade agreement between the EU and Vietnam concluded
  • VAT exemption may be applicable for bunkering sea-going vessels even when intermediaries are involved
  • Iran nuclear deal

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