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12/6/2020
UK Logistics Firms to Change Post-Brexit Customs Procedures [Updated]
This article has been updated with the announcement by Michael Gove on the transition period and the three-phased implementation on border checks. Brexit will make trading more complex. There will be a border with checks and procedures that have not been there before. These additional procedures …
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22/1/2020
Brexit is Near. Negotiations to Start.
January 31st is getting closer. At 11:00 pm the United Kingdom will be leaving the European Union. Will Big Ben chime in celebration of Brexit? It was wat Boris Johnson had hoped, but the bells are in repair and have no clappers. Putting them back to chime for Brexit could cost almost 6000.000 …
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8/8/2019
Incoterms: What are they?
What are Incoterms? Incoterms stands for International Commercial Terms. The terms are published by The International Chamber of Commerce . They regulate commercial transactions between parties in terms of costs, responsibilities, tasks and risks associated with the transportation and delivery of …
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News
8/2/2023
Trade Deals Around The World: February Edition 2023
We focus on the European Union (EU) and the United Kingdom (UK) and watch China and the United States (USA). The European Union and Australia The European Union and Australia are close to a new trade agreement. Don Farell, Australia’s Trade Minister, told reporters that that is what Australia is …
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24/3/2023
A Digital-First Approach to Customs
What does digitalisation in customs mean to you? I think it’s a giant step forwards. When technology is making progress in all other sectors, we [the customs industry] can’t be sitting here doing declarations by hand anymore. In an accuracy-sensitive industry like ours, having the numbers, …
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24/11/2021
Everything You Need to Know About Getting AEO Certified
AEO stands for Authorized Economic Operator. It is a concept that the EU established in 2008. The main goals are increasing international supply chain security and facilitating legitimate trade. It means that the company in question works in compliance with standards that are set out by the World …
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24/3/2020
Incoterms Explained: Cost, Insurance, and Freight (CIF)
You can read more about the most important changes compared to Incoterms 2010 in one of our earlier blogs in the Incoterms series. The Incoterms we explained until now have been terms that are applicable to all modalities, road, rail, water, and air. The Incoterm in this blog is one of the …
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27/9/2019
Releasing Non-Union Goods into Free Circulation
How Do You Bring Goods into Free Circulation? There is a standard process for releasing goods for Free Circulation in the EU: 1. Goods are shipped to the EU and taken off the vessel or aircraft. They can be stored temporarily until European Customs Authorities have completed import clearance . 2. …
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6/1/2021
How to Export Goods From the EU to the UK
How to Export Goods From the EU to the UK If you want to transport goods from the European Union to the United Kingdom you now need to export them. For this, you need to have a European Union EORI number. An EORI number is a registration and identification number for businesses that want to import …
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27/2/2023
Alternative Pan-Euro-Mediterranean (PEM) rules for origin expands
What is the Pan-Euro-Mediterranean (PEM) agreement? The Pan-Euro-Mediterranean (PEM) convention aims to increase trade between the European Union and other countries who are entered into the PEM partnership by making the rules of origin more flexible and business-friendly. The idea for this …