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Customs administrations and trade operators both want to reduce the complexity of compiling and exchanging data. However, there can be tension between the Customs administration’s need to access … data and the company’s need to protect confidential information. This article presents two solutions for analysing and reporting data which ensure strong data protection by allowing access to the data without the need to move them around.

Continuing on the topic started by Samuel Draginich in the article "EVFTA: proof of origin when consignments are split in a country of transit", let us take a closer look at the statement on … origin - the only proof of EU preferential origin that might be issued under the EU-Vietnam FTA (EVFTA) - and the commercial document on which it may be made out; also in the case of splitting of consignment in a country of transit.

The EU-Vietnam Free Trade Agreement (EVFTA) came into force on 1 August 2020. It is one of the most noteworthy EU FTAs that have come into force in recent years as it brings closer one of the … world’s largest economic blocs with the fastest-growing emerging economy in the world. Vietnam is widely considered to be the next regional powerhouse, rapidly emerging as one of the world’s premier manufacturing destinations. The EU wisely saw the value in crafting a closer partnership with Vietnam, a partnership that will undoubtedly reap immense rewards for both parties going forward. As the EVFTA is a work in progress amendments to the relevant guidance are still being made to clarify and improve its execution.

One of the conditions of a trade agreement is that goods must travel directly between the signatory countries. How is the direct transport rule enforced in practice? This article provides an … overview of the answers based on the experience of local practitioners from Lithuania, the United Kingdom, Switzerland, Ukraine, Mexico, and Vietnam.

The Free Trade Agreement (FTA) between the European Union and the Socialist Republic of Viet Nam will enter into force on 1 August 2020. In the article, we overview the benefits for trade it … will bring, the proof of origin requirements, transitional provisions, and the application of the FTA and the Generalised System of Preferences.