International Trade News
Links:
- ECO Notice to Exporters - 2010/21 - EU Sanctions against Iran at 26 July 2010 NEW!
- Introduction of an electronics Binding Tariff Information (BTI) Ruling NEW!
- UKTI South East - Events Update
- ECO Training Bulletin
- Customs Law Modernisation Project - consultation
- ECO Notice to Exporters - 2010/09
- ECO Notice to Exporters - 2010/01
- EUR1s for Exports to Serbia
- HMRC Flexible Accounting System (FAS) - Change of Bank Details
- Commission Statement on GSP+ and Sri Lanka
- Update on Authorised Economic Operator (AEO) Implementation
- Tariff Preference: simplified proofs of origin - HMRC Information Paper (09) 79
- Trading with Iran
- MEREBO Exhibition Calendar
ECO Notice to Exporters – 2010/21 – EU Sanctions against Iran at 26 July 2010
If companies export or intend to export dual-use or military items to Iran, they should be aware of an announcement of restrictive measures imposed by the European Union (EU) on 26 July 2010. A copy of Notice 2010/21 is attached and includes:-
-
the extension of financial sanctions against listed individuals with effect from 27 July 2010 (Council Implementing Regulation No 668/2010)
-
the adoption of a package of further restrictive measures (Council Decision of 26 July 2010). The EU intends to adopt a new Regulation implementing these restrictive measures in September 2010
The Notice updates exporters about the new restrictive measures announced and includes some brief frequently asked questions about export licensing and the new restrictions on Iran.
The Notice also includes a link to the notification issued last week by Her Majesty's Treasury about the financial sanctions measures as well as a link to the updated Iran List.
For information about the nature of the restrictive measures see the attached Notice with associated website links at:
http://www.bis.gov.uk/assets/biscore/eco/docs/notices-to-exporters/2010/nte201021.doc
<<nte201021.doc>>
Further details of Arms Embargoes are available via: http://www.businesslink.gov.uk/bdotg/action/layer?r.s=tl&r.l1=1079717544&r.lc=en&r.l2=1084228483&topicId=1084100244
Customs Law Modernisation Project - consultation
As part of a Customs Law Modernisation Project, HMRC wish to identify a number of small businesses that would be prepared to be involved with the impact assessment which will form part of their consultative document.
Participation will be restricted to a straight forward questionnaire completed electronically and in strictest confidence.
This is an opportunity for businesses to comment on Customs practices and help shape future Customs operation.
Please contact direct:-
Anne Treadaway
ECSM Law Team
Room LG74,
HMRC
100 Parliament Street
London SW1A 2BQ
Tel: 020 7147 0337 or anne.treadaway@hmrc.gsi.gov.uk
EUR1s for exports to Serbia
Following recent assurances received from Serbia regarding giving preference on Community goods, HMRC have agreed that EUR1 Certificates can now be issued for any consignments being sent to Serbia, provided of course that the goods meet the current rules.
Hence, the position now is that EUR1s can be issued for permanently exported goods destined for the countries listed in Para. 1.4 of Customs Notice 827 (Jan 2007) plus Bosnia-Herzegovina, Montenegro and now Serbia.
For Kosovo, the ACP, the OCT and other GSP beneficiary countries, goods may only be exported to these countries using Donor Country Content regulations (see Notice 827 Para. 9.6) and goods being permanently exported to these countries should not have an EUR1 issued for them.
If in doubt, please refer exporters and agents to the Customs Notice for clarification.
Trading with Iran
At 10.30am, 12th October, HM Treasury made an order (under powers conferred on it under Schedule 7 of the Counter-Terrorism Act 2008) to direct financial and credit institutions in the UK to cease business with Bank Mellat and the Islamic Republic of Iran Shipping Lines (IRISL), including its branches in the EEA. HM Treasury has given this direction on the basis of its belief that activities in Iran that facilitate the development or production of nuclear weapons pose a significant risk to the UK’s national interests. The Order will expire on 11th October 2010, unless revoked earlier.
Details are available on http://www.hm-treasury.gov.uk/fin_crime_policy.htm.
This doesn’t apply to companies which aren’t financial or credit institutions, but the UK financial or credit institutions used by such companies may not deal with Bank Mellat or IRISL. The HM Treasury notices explain what may happen if a transaction is in train and incomplete on 12th October
All recipients of this message must judge for themselves whether the Order applies to them and be aware that this message does not constitute guidance or advice.
