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News in week 20: consolidated list of 'classification regulations' aligned with the CN 2025; CJEU on the application of the fall-back method for determining the customs value; new approach to … VAT for e-commerce imports to simplify trade and compliance; EU backs WTO move to include global e-commerce agreement; EU strengthens sanctions against Russian business figures linked to war in Ukraine; cyber-attacks - Council extends sanctions and legal framework; Lithuanian Customs experiment with applying AI for cargo inspections; EU updates list of recognised organic certification bodies for imports; US target drug price disparities with most-favoured-nation policy; US eases tariffs following talks with China.

The United States' imposition of new tariffs has been a key talking point in professional, political and academic circles for some time. Countries are reacting to the new US trade policy in various … ways. This article discusses the measures taken by China in response to US tariff policy and how companies that depend on the Chinese market can adapt to the new conditions.

News in week 20: consolidated list of 'classification regulations' aligned with the CN 2025; CJEU on the application of the fall-back method for determining the customs value; new approach to … VAT for e-commerce imports to simplify trade and compliance; EU backs WTO move to include global e-commerce agreement; EU strengthens sanctions against Russian business figures linked to war in Ukraine; cyber-attacks - Council extends sanctions and legal framework; Lithuanian Customs experiment with applying AI for cargo inspections; EU updates list of recognised organic certification bodies for imports; US target drug price disparities with most-favoured-nation policy; US eases tariffs following talks with China.

This is the third article in a series devoted to export control. The first covered the initial steps in export controls. The second explained how to get started. In this continuation of the export … control series, we want to focus on your products, which your company produces or sells. We call them products or items, which includes hardware, software and technology.

From 28 March 2025, companies may submit applications to obtain the status of an authorised CBAM declarant. It will take up to 120 days for an application to be considered, so it is important … to submit your application in good time. Companies that do not obtain authorised declarant status by 1 January 2026 will no longer be able to import goods subject to CBAM. As companies have many related questions, the editorial team thanks the Ministry of Environment and the Environmental Protection Agency of Lithuania for providing answers.

Item means usual packaging for retail sale, e.g. a package of 3 bottles of perfume if they are sold together, or a bottle of perfume if it is meant to be sold separately.

The Pan-European-Mediterranean Zone was implemented in 2005. The idea was to create a cumulation zone between Europe and its neighbours and to encourage intra-regional integration by promoting … trade and cooperation. The PEM Convention allows for the cumulation of origin between different countries within the zone. Cumulation of origin is one of the ways to allow for greater flexibility when it comes to using raw and semi-manufactured materials in the production process. It allows a member of a trade agreement to use originating products from other members.

ESG stands for Environmental, Social and Governance, which are considered the three main pillars of ESG frameworks. These pillars cover key areas that companies must address and report on. The … purpose of ESG is to identify and consider non-financial risks and opportunities associated with a company's day-to-day operations.

CBAM goods are all goods for which the embedded emissions must be reported. In the EU, they are listed in Annex I to the CBAM Regulation.