Do we have time to prepare for the introduction of trade defence measures?
Jovita DobrovalskienÄ—
Compliance and training manager, Muita UAB
Customs Compliance & Risk Management (CCRM) Journal, Issue 12, December 2021 / January 2022
December 31, 2021
en
lt
Adobe Stock
Importers, especially small and medium-sized enterprises, are often unaware of trade defence instruments (TDIs) and face the consequences of newly introduced measures unprepared, thus incurring unforeseen costs. Is it possible to prepare for this and thus, albeit partially, manage the risks associated with the introduction of TDIs? One mean to manage such risks would be regular monitoring of the regulatory environment. Of course, this requires resources, but it is equally important to know the process and deadlines for setting the TDI, as well as why different sizes of measures apply to the same product imported from the same non-EU country and where to find the necessary information. Thus, this is to be discussed in the article.
- Topic: duties, taxes
- Market: EU - European Union , Europe
- Copyright of the journal: CC Learning, UAB