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October 17, 2019
2019-1840

Trade Watch for Autumn 2019

The latest edition of Trade Watch is attached below. Trade Watch is a quarterly communication prepared by EY’s Global Trade practice. Highlights of this edition include:

Global

— Economic Partnership Agreement (EPA) between the EU and Japan entered into force
— Focusing on fundamentals — a global trade leading practices briefing
— Free trade agreement negotiations between Mercosur and the EU concluded

Americas

— Developments on the path towards USMCA ratification
— Ecuadorian Customs Authority enacts new regulations to apply or renew as an AEO
— Latest developments on the US-China trade dispute
— Managing ongoing trade costs: Is business certainty attainable in the current legal landscape of US country of origin determinations?
— Spotlight on latest developments in Canadian trade
— US export controls on “emerging technologies”

Asia-Pacific and Japan

— AEO in China — modernizing the program
— Is the customs audit environment in Asia-Pacific changing?
— New Zealand’s customs modernization — an update

Europe, Middle East, India and Africa

— Africa Union launches operational phase of the Africa Continental Free Trade Area (AfCFTA)
— Brexit update
— Brexit — what is happening in the Netherlands?
— ECJ limits the assessment of import VAT in case of irregularities
— EU quick fixes — the impact on intra-EU trade of goods
— Need for action in structures comprising non-European exporters, developments in Germany
— Recast of the EU Dual-use Regulation
— Thinking outside the zone

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Trade Watch for Autumn 2019

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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