Back in 2014, the Council of the European Union issued a decision against Russia's actions destabilizing the situation in Ukraine. This was intended to peacefully resolve the crisis in Ukraine. Due to some foreign policy events, more sanctions have been added...
Foreign trade
Registered exporter
General information on the registered exporter The documentation of preferential origin of goods in the Generalised System of Preferences (GSP) is gradually being transformed by the introduction of the registered exporter, also known as REX. Since 1 January 2017, it...
Approved exporter
What is an approved exporter? An approved exporter is an entrepreneur with special privileges. The competent main customs office issues a licence for this purpose, with which goods can be exported under a simplified export procedure. This eliminates formalities such...
Authorized exporter
What is an authorized exporter? An authorized exporter is an exporter authorized by the main customs office. This exporter may transfer goods to the export procedure in a simplified manner, which means that no presentation is required at the customs office of export....
Effects of the BREXIT on the calculation of preferences
Despite the unexpectedly quick agreement with the UK at the end of 2020, there will be significant cuts as far as preference calculations are concerned. For example, the UK no longer benefits from the 40 valid free trade agreements negotiated by the EU on behalf of...
EU Free Trade Agreement – an interim status
Overview Free Trade Agreement Whereas in the past, trade policy reports mostly eked out a dreary existence in the business sections of the media, they are now also advancing to become real "headliners" of the day's events. This is not always expressed in a positive...
What does AEO (Authorized Economic Operator) mean?
Authorized Economic Operator (AEO) The Authorized Economic Operator (AEO) is an essential part of the modern EU security concept. This evolved from the "Framework of Standard to Secure and Facilitate Global Trade" (SAFE) of the World Customs Organization (WZO). The...
Brexit and customs
Effects of the Brexit As of February 1, 2020, the United Kingdom is no longer a member of the European Union. However, it will remain part of the EU single market and the EU customs union until December 31, 2020. So far, it is unclear whether or not there will be an...
BREXIT Summary
[UPDATE October 16, 2020 written by Nese Öztunc] Over 4 years of Brexit negotiations: No final agreement in sight Four and a half years have passed since the UK decided to leave the EU. Since February 1, 2020, the United Kingdom is defacto no longer an EU member state...