U.S. Customs and Border Protection has announced the implementation of the Broker-Known Importer Program, which offers an additional avenue to enhance the sharing of trade intelligence between importers and brokers and between the trade community and CBP.
International Trade Compliance
WTO issues compliance panel report on EU’s anti-dumping measures on fasteners from China
On 7 August 2015, the WTO issued the “compliance” panel report in the case “European Communities - Definitive anti-dumping measures on certain iron or steel fasteners from China”.
U.S., Mexico Advance Efforts on Supply Chain Security, Customs Improvements
The U.S. and Mexico are taking a number of steps to increase the global competitiveness of North America, including by modernizing their shared border and improving regulatory cooperation. Among the efforts highlighted at a recent meeting under the U.S.-Mexico High Level Economic Dialogue are the following.
ICC calls for harmonized non-preferential rules of origin
The International Chamber of Commerce (ICC) is calling on countries to stop rolling out unilateral non-preferential rules of origin and encouraging them to conclude the World Trade Organization (WTO) Agreement on Rules of Origin.
How Small Businesses Can Get a Better Deal Out of FTAs
The high costs of complying with Rules of Origin (ROO) requirements mean that small and medium-sized firms (SMEs) often find it cheaper and more efficient to pay customs duties instead of producing the paperwork that would allow them access to preferential, often zero tariffs under trade agreements, according to a new report from the C.D. Howe Institute.