domestic trade regulations
trubolt factory tips: Starting from August 30, people coming to China do not need to undergo pre-entry COVID-19 nucleic acid or antigen testing
From September 1st, temporary export control will be formally implemented on some drones
A two-year temporary export control will be implemented on some consumer drones. At the same time, all other civilian drones not included in the controls will be prohibited from being exported for military purposes. The above policy will be officially implemented on September
tru bolt product tips: Starting from September 1st, Ningbo will implement the tax refund policy for overseas tourists shopping and leaving the country
From October 1st, China-Serbia Customs officially implemented AEO (Authorized Economic Operator) mutual recognition
Comprehensive suspension of imports of Japanese aquatic products
Take steps to prevent the introduction of monkeypox outbreaks
End anti-dumping and countervailing duties on imported barley originating in Australia
According to the announcement of the Ministry of Commerce, starting from August 5, 2023, the collection of anti-dumping duties and countervailing duties on imported barley originating in Australia will be terminated.
The State Council has issued 24 new articles to increase efforts to attract foreign investment and ensure national treatment for foreign companies.
The three departments adjust the “zero tariff” policy for transportation and yachts in Hainan Free Trade Port
Indonesian konjac powder approved for export to China
Indonesian Tianzhu yellow allowed to be exported to China
Pakistani dried chili allowed to be exported to China
South African fresh avocados approved for export to China
Resume South African beef exports to China
Suspension of import of mangoes from Taiwan into mainland China
The central banks of China and Mongolia renewed the bilateral local currency swap agreement for a further three years.
redhead trubolt tips: New foreign trade regulations
Somalia Starting from September 1st, all imported goods must be accompanied by a certificate of compliance.
Starting from September 1st, Hapag-Lloyd will impose peak season surcharges.
Starting from September 5, CMA CGM will impose peak season surcharges and overweight surcharges
United Arab Emirates Local pharmaceutical manufacturers and importers to be charged
Ghana Increase port charges
Russia Simplified cargo transit procedures for importers
According to the Russian Satellite News Agency, Russian Prime Minister Mikhail Mishustin said when meeting with the Deputy Prime Minister on July 31 that the Russian government has simplified the cargo transit procedures for importers and they will not need to provide guarantees for the payment of customs fees and duties. .
Extend the implementation date of the EAC Simplified Certification Scheme
Recently, Russia issued Resolution No. 1133, extending the implementation date of the EAC simplified certification scheme to September 1, 2024. Before this date, products can be imported into Russia without labelling.
m16 trubolt tips :Vietnam Plan to introduce subsidy policy for electric vehicles
“Vietnam Economy” reported on August 3 that in order to encourage the development of Vietnam’s electric vehicle industry, the Ministry of Transport of Vietnam plans to include electric vehicle manufacturing and assembly, battery production, etc. in the list of special investment preferences, and provide investment incentives for investment projects in the above fields. It is planned to provide tax exemptions or tax reductions for the import of complete electric vehicles, production equipment and complete sets of parts. For companies that produce, assemble and repair electric vehicles, the Ministry of Transport recommends giving priority to financing and credit services. In addition, in order to promote the consumption of electric vehicles, the Ministry of Transport has proposed to exempt or reduce registration fees and license fees for electric vehicles, and plans to subsidize buyers of US$1,000 per vehicle.
Brazil Start the flexible license mechanism Compliance plan officially takes effect
European Union New battery law officially comes into effect
On August 17, the “EU Batteries and Waste Batteries Regulations” (referred to as the new “Battery Law”), which was officially announced by the EU for 20 days, came into effect and will be enforced from February 18, 2024. The new “Battery Law” sets requirements for power batteries and industrial batteries sold in the European Economic Area in the future: batteries need to have carbon footprint declarations and labels and digital battery passports, and also need to follow a certain recycling ratio of important raw materials for batteries.
A number of new technology regulatory regulations come into effect
Due to the EU’s increased regulation of the technology industry, several new regulations have come into effect one after another, and large US technology companies will face the pressure of EU regulation and the risk of huge fines. Under the new rules, regulators have the power to conduct regular surveillance of these companies and to issue hefty fines. Among them, the most stringent rules in the EU’s “Digital Services Act” have been applied to at least 19 large platforms including Twitter since August 25, and small platforms will be included in its scope of enforcement next year. In addition, EU technology legislation yet to come into force includes the Digital Markets Act and the Artificial Intelligence Act.
Publish the implementation rules for the transitional phase of the carbon border adjustment mechanism
On the 17th local time, the European Commission announced the implementation rules for the transition period of the EU Carbon Border Adjustment Mechanism (CBAM). The rules will come into effect on October 1 this year and will last until the end of 2025. The rules detail the obligations of importers of goods under the EU carbon border adjustment mechanism, as well as the transitional method for calculating the amount of greenhouse gases released during the production of these imported goods.
m12 trubolt tips:USA Finalizing guidelines for increasing use of U.S.-made goods in infrastructure projects
The White House issued guidelines on August 14, local time, to encourage the use of American-made products, including steel and other construction materials, in infrastructure projects funded by the U.S. government. The “Buy America” (Buy America) binding guidelines were first proposed in February this year, and the White House Office of Budget (OMB) finalized the guidelines after receiving nearly 2,000 public comments. OMB noted that agencies can issue exemptions as needed when U.S.-made products are in short supply. Agencies can also apply for exemptions if using U.S. materials would increase the cost of the entire infrastructure project by more than 25 percent.
Administrative transactions with Russian financial institutions will be allowed until November 8
According to the general licensing notice related to Russia updated by the U.S. Treasury Department on August 10, local time, the United States will allow administrative transactions with the Russian Central Bank, the National Wealth Fund, and the Treasury Department to continue until November 8, Eastern Time.
new Zealand From August 31st, supermarkets must display the unit price of groceries.
According to the New Zealand Herald, on August 3, local time, New Zealand government departments said that supermarkets will be required to mark the unit price of groceries by weight or volume, such as the price per kilogram or per liter of products. The regulation will come into effect on August 31, but the government will provide a transition period to give supermarkets time to establish the systems they need.
Thailand The Digital Platform Services Law will take effect on August 21
According to a report from Thailand’s World Daily on August 7, the Electronic Transactions Development Agency (ETDA) disclosed relevant information on the Digital Platform Services Law, which will take effect on August 21 this year. The main essence of this law is to require service providers or digital platform service providers to report relevant information to ETDA, that is, who they are, what services they are providing and what services they will provide, how many users they have, etc. Buyers or sellers under various digital platforms do not need to register information with ETDA.
Romania From next year, business-to-business transactions must use electronic invoices
Economedia reported on July 28 that according to Romania’s new regulations, electronic invoices must be used for business-to-business transactions from January 1, 2024, and electronic invoices must be issued and uploaded through the national electronic invoice system RO e-Invoice in B2B transactions. The measure is valid until December 31, 2026, with the possibility of being extended after it expires. This measure is aimed at cracking down on tax evasion and avoidance, and simplifying the VAT collection procedures.
U.K. Significant increase in immigrant visa fees planned for fall
According to the plan of the British Ministry of the Interior, this autumn, the UK will substantially increase visa fees for immigrants, including workers and students, and the increased funds will be used for public sector salary increases. Under the plans, the cost of a skilled worker visa lasting more than three years will rise to £1,480, an increase of 20%. The annual Immigration Health Surcharge will increase by 66% to £1,035.
Saudi Arabia Type-C will be the only interface standard for chargers from 2025
The Saudi Standards, Metrology and Quality Organization (SASO) and the Saudi Communications, Space and Technology Commission (CST) recently announced the unification of Saudi Arabia’s mandatory requirements for mobile phone and electronic device charging ports and decided that USB Type-C will be implemented starting from January 1, 2025. Become the only standardized connector.
Post time: Sep-04-2023