EU Proof of Origin (PEM Convention)

A new regulation is amending Implementing Regulation (EU) 2015/2447 to implement the transitional rules of origin. The transitional rules of origin are applicable in parallel with the rules of origin of the PEM Convention creating two distinctive zones of cumulation. Therefore, an indication of the legal framework used for determining the origin of goods shouldContinue reading “EU Proof of Origin (PEM Convention)”

EU Trade Agreements Common Provisions

Free Trade Agreements (FTA) are the results of negotiations between two countries. They therefore reflect the trading choices of both party. As a consequences, FTA are usually different from each other. However, most EU agreements have a common provisions.

Knowing the common provision to EU agreements is very useful when analysing the impact of a trade agreement on your trade flow

USA Free Trade Agreements

The USA is party to 14 Free Trade Agreements (FTAs) with 20 countries. US trade agreements facilitate trade by reducing or eliminating customs duties. Goods must meet the origin criteria to benefit from the preferences and each agreement has its own set of Rules of Origin. Australia Free Trade Agreement (AUFTA) Bahrain Free Trade AgreementContinue reading “USA Free Trade Agreements”

The Regional Comprehensive Economic Partnership (RCEP)

The Regional Comprehensive Economic Partnership (RCEP) is a new free trade agreement among 15 Southeast Asian and Pacific countries. Considering the predominant role of this region in manufacturing, the RCEP will offer opportunities for productions and supply chain optimisation. The RCEP was ignited by the ASEAN members who reached an agreement with China, Japan, SouthContinue reading “The Regional Comprehensive Economic Partnership (RCEP)”

UK-Canada Trade Continuity Agreement (TCA)

Canada and UK Trade Continuity Agreement enters into force As CETA ceased to apply to the United Kingdom from 1 January 2021, Canada and the UK agreed on an interim agreement until a comprehensive free trade agreement was in place. The comprehensive UK-Canada Trade Continuity Agreement (TCA) entered into force on 1 April 2021. For stakeholders thisContinue reading “UK-Canada Trade Continuity Agreement (TCA)”

UK trade agreements with non-EU countries

Trade agreements As of 1 January 2021, EU trade agreements no longer apply to the UK. The UK has sought to reproduce the effects of trading agreements that previously applied to it to ensure continuity for UK business. Trade agreements that took effect from 1 January 2021 Agreements with the following countries and trading blocsContinue reading “UK trade agreements with non-EU countries”