2014 IFCBA World Conference

The International Federation of Customs Brokers Associations held its bi-annual world conference "Celebrating 25 Years of Trade Facilitation through Expertise and Innovation" in Seoul, Korea from May 13-17, 2014. Please click here for the press release and for the new IFCBA executive team. 

About the IFCBA

The IFCBA has been representing the interests of the worlds' customs brokers and their clients since 1990. Many of our member associations have been involved in similar activities within their own countries for nearly a century. » more

Recent News

On January 16, 2015, the Bureau of Industry and Security published a rule in the Federal Register to implement some of the changes in Cuba policy that the President announced on December 17, 2014. The rule makes changes to License Exceptions GFT and CCD and also creates a new license exception Support for the Cuban People (SCP). Additionally it covers case-by-case licensing policy for items for environmental protection of U.S. and international air quality, waters and coastlines. This was published simultaneously with a rule amending the Cuban Assets Control Regulations of the Department of the Treasury, Office of Foreign Assets Control.

This is from a 22 January 2015 news item by Integration Point. Read more here:
http://www.bis.doc.gov/index.php/regulations/federal-register-notices

January 1, the Treaty on the Eurasian Economic Union (EEU) has become effective. The Treaty confirms the creation of an economic union that provides for free movement of goods, services, capital and labor and pursues coordinated, harmonized and single policy in the sectors determined by the document and international agreements within the Union.

The Treaty on the EEU was signed by the Presidents of the Republic of Belarus, the Republic of Kazakhstan and the Russian Federation on May 29, 2014, in Astana. Apart from the three states, the Union members will also include the Republic of Armenia that signed Treaty on Accession to the Union on October 10, 2014 and the Kyrgyz Republic that signed similar Treaty on December 23, 2014.

This has been excerpted from a 20 January 2015 news item by the Eurasian Economic Commission and is available in its entirety at:
http://www.eurasiancommission.org/en/nae/news/Pages/01-01-2015-1.aspx

On Wednesday January 21, 2015, the US Department of Commerce announced large preliminary anti-dumping duties on certain passenger vehicle and light-truck tires manufactured in China. Claiming that Chinese tire producers are dumping their product into the US market, the Commerce Department will begin collecting anti-dumping duties of between 19.17% and 87.99% on the tires, depending on the producer/exporter. For some producer/exporters, the duties will be applied retroactively to cover the previous 90 days, the department said.

This is from a 22 January 2015 news item by Integration Point. Read more here:
http://enforcement.trade.gov/download/factsheets/factsheet-prc-pvltt-ad-prelim-012115.pdf

The Bureau of Internal Revenue (BIR) plans to automate the accreditation process for importers and customs brokers as part of its priority programs for 2015.

BIR identified 27 priority programs "intended to help the Bureau in attaining its revenue target" of P1.72 trillion in 2015.

This has been excerpted from the 20 January 2015 issue of PortCalls Asia and is available in its entirety at:
http://www.portcalls.com/birs-2015-priority-automate-accreditation-of-importers-brokers/

The World Trade Organization on Thursday rejected Argentina's bid to overturn a ruling in favor of the United States, the European Union and Japan against the South American country's licensing rules used to restrict imports.

The WTO's appellate body recommended Argentina fix its trade rules after it upheld an earlier WTO panel report that Argentina's import licensing requirement and other import restrictions breach international trade rules.

Reacting to the decision, Argentina said it would have no immediate impact on trade.

This has been excerpted from the 19 January 2015 issue of Venture Capital Post and is available in its entirety at:
http://www.vcpost.com/articles/37854/20150119/wto-rules-against-argentina-import-restrictions-case.htm