Being the first Goods Compliance Update after the conclusion of the 2016-17 financial year, there is so much information to sift through, so for this post, I have decided just to focus on some critical themes that are watch areas for the financial year 2017-18. I have chosen these areas in particular as the statistics and information are quite alarming, and therefore indicate an increased compliance focus by the Australian Border Force (“ABF”).
If you are being attacked by a stronger opponent, sometimes you need a strong shield. Korea Customs is such an opponent with all the power of the government behind them, how can importers protect themselves?
One defensive shield available is the ‘ACVA’ program.
Topics: Asia, Export Consulting, Import Consulting
It was June 2007 when we first started hearing talk of the possibility of a trade agreement between Canada and the European Union. With the European Union being one of Canada’s largest trade partners, second only to the United States, many importers have been eagerly awaiting this trade agreement to become a reality.
At last, on September 21, 2017, the Canada-European Union Comprehensive Economic Trade Agreement (CETA) was provisionally implemented.
Topics: Europe, Free Trade Agreements, North America
Time has certainly flown since I last posted about the first Goods Compliance Update for 2017 and here we are looking at the second Update from Australian Border Force (ABF) for the year. Here is a brief summary of the relevant points importers and exporters should be aware of:
Topics: South Pacific
Ah, summer! Fun, sun, smuggling, and conflict minerals. Around this time last year, a Chinese-owned gold mining company was gifting cash and guns to local militias, while at the same time smuggling approximately $17 million of gold out of the Democratic Republic of Congo (DRC).
If you happen to be reading this on a mobile device, you currently have gold embedded in an electronic circuit right beneath your fingertips…
Topics: Export Consulting, Import Consulting
