On May 17, 2023, local time Wednesday, the European Commission officially released the proposal titled EU Customs Reform: A Data-Driven Vision for a Simpler, Smarter, and Safer Customs Union, marking the most comprehensive reform of the EU Customs Union since its establishment in 1968.
CBAM is referred to as a carbon tariff in the market, although strictly speaking, CBAM is not a tariff. However, this concept can be borrowed to understand and discuss CBAM. How should Chinese export enterprises view CBAM and adjust their low-carbon actions to address this challenge?
Data shows that in April, Chinas automobile production and sales reached 2.133 million and 2.159 million units respectively, with year-on-year growth of 76.8% and 82.7%. Among them, passenger vehicle production and sales reached 1.778 million and 1.811 million units, with year-on-year growth of 78.5% and 87.7%.
The Korea National Institute of Technology Standards issued Announcement No. 2023 - 0114, proposing to revise the Safety Standard for Electrical Products KC 10031 and establish safety standards for recycled lithium - ion batteries. This revision applies to secondary batteries and cells containing alkaline or other non - acidic electrolytes, and the products involved are electrical appliances and consumer products (recycled batteries).
It is reported that since June 1, 2023, for all automobiles and motorcycles declared for import through Shanghai Customs, after the imported vehicles have completed the release procedures and passed the inspection, a pilot issuance of a combined two - certificates Certificate will be carried out.
In 2022, Vietnams economy grew by 8.02%, reaching a 25 - year high. However, in the first quarter of 2023, GDP only grew by 3.32% year - on - year, lower than market expectations.
According to the new regulations, Japan will expand the scope of export controls on chip manufacturing equipment, adding 23 categories of semiconductor manufacturing equipment and related technologies. This means Japanese exporters will need prior approval from the Minister of Economy, Trade, and Industry to export these equipment and technologies. Additionally, export license applications for chip manufacturing equipment to other countries and regions, including China, will become stricter and more complex, as detailed below:
How to Ensure Smooth Export of Mechanical Equipment and Compliance with International Standards? A Detailed Breakdown of Each Step from HS Code Determination to Customs Declaration, Transportation, and Insurance, Helping Businesses Mitigate Risks and Ensure Smooth Entry of Equipment into the International Market.
Understanding the customs clearance policies and procedures for importing iron ore is particularly important. This article will provide an in-depth analysis of each stage of iron ore imports, uncovering the challenges and opportunities involved.
1. Definition and Types of Iron Ore
Iron ore refers to mineral aggregates containing iron elements or iron compounds that can be economically utilized, serving as a primary material for steel production...
The new EU Battery Regulation (2023/1542) sets requirements for hazardous substance limits, electrochemical performance, safety, labeling, and CE conformity assessment. Enterprises need to adopt compliance strategies, including supply chain assessment, performance testing, safety certification, label updating, and the development of battery management systems, to maintain their market competitiveness.