Trade Deals Around the World is our periodic update, giving you a quick and easy overview of what has happened in the many trade deal negotiations worldwide. We focus on the European Union and the United Kingdom and watch China and the United States. In this update, we look back on June’s events.
Earlier this year, the EU unveiled the Carbon Border Adjustment Mechanism as a mechanism for carbon neutral trade. With the CBAM starting in October, find out how you need to prepare in this article.
Companies that want to sell imported products in the European Union as organic products need to make sure they have all the necessary documents in order. One of the most important documents, in this case, is the Certificate of Inspection.
When you import goods into the European Union, you need to pay import duties. In some cases, this can be a preferential rate, meaning a lower rate or even a 0% rate. In some cases, you also have to pay anti-dumping duties.
As of January 1st of 2021, the United Kingdom has left the European Union and is now a third country. This means that it is no longer possible to ship goods from the European Union to the United Kingdom with just a CMR.