Brexit: Journey to the Unknown

Posted by Arne Mielken

On March 29, 2019 the United Kingdom will leave the European Union – and with it the customs union, the EU’s common commercial policy and the European single market, which had hitherto committed the UK to the free movement of labor. Yet with Brexit only some months away, future customs arrangements between the negotiating parties remain totally unpredictable. The uncertainty is poison to global trade.

When we leave the EU, we will also leave the EU Customs Union.”

This was the guiding principle under which the United Kingdom, on its way out of the European Union, first submitted ideas about a future customs collaboration with the EU, including the outline of an independent customs bill.

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Topics: Global Trade Content, Global Trade Management, Trade Regulatory Content, Global Knowledge, Trade Content Specialists

Feeling the Winter's Cold? For Export Controls, It's Hot in Brussels!

Posted by Arne Mielken

On 19 December 2017, Amber Road joined hundreds of trade professionals at the 2017 Export Control Forum in Brussels hosted by the Estonian Presidency of the Council of the European Union and the European Commission. The Forum was a great opportunity to participate in discussions about the ongoing export control programs in the EU and learn about the current legislative developments regarding the proposal for a modernisation of EU export controls.

High-ranking speakers from EU institutions and international organizations discussed several important topics around export controls including the new proliferation threat landscape in 2017. Amber Road proactively participated and the key points of the conference are summarized here.

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Topics: End-Use Management, Export Management, Deemed Exports, Export Compliance

EU Aims to Simplify VAT and Increase Compliance

Posted by Arne Mielken

In the case of customs tariffs, it can seem that dealing with the EU is sometimes easier, as rates and rules are harmonized for its presently 28 Member States. However, digging deeper into other programs can run you into trouble. A perfect example is the EU Value Added Tax (VAT). Monitoring and accurately interpreting the indirect tax changes in the EU and country-by-country (VAT rates are not harmonized) can be a manually-intensive and daunting task. This task is especially tedious when different VAT rules apply depending on the transaction and movement of the goods.

The European Commission has now launched plans for the biggest reform of EU VAT rules in a quarter of a century. The Commission says this reboot would improve and modernize the system for governments and businesses alike by 2019.

The (almost) Successful EU Single Market – Don’t Mention VAT!

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Topics: Global Trade Content

WTO Public Forum 2017: Day 2 & 3 Recap

Posted by Arne Mielken

Amber Road participated in the WTO Public Forum 2017 to discuss how end-to-end global trade management software solutions can play a role in creating an open and inclusive trading system for all. Days 2 and 3 of the Public Forum continued the vital discussions around what needs to be done to develop an open and inclusive trading system; a break from protectionist rhetoric. What are the most effective ways to ensure women fully reap the benefits of trade? How can we ensure small and medium size enterprises (SMEs) adapt to the new ways of doing business, including e-commerce? Governments, the private sector including companies like Amber Road, and civil society addressed these questions at the Forum in a number of sessions.

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Topics: Global Trade Management Software

Missed the WTO Forum 2017? Go Behind the Headlines with Amber Road – Day 1 Recap

Posted by Arne Mielken

Amber Road, the leader of Global Trade Management software solutions, is proud to participate in the World Trade Organization’s (WTO) Public Forum this year, "Trade: Behind the Headlines." 

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Topics: Global Trade Management Software, Global Trade Management

BREXIT, THE BUMPY ROAD AHEAD: EU Tariff Rate Quotas

Posted by Arne Mielken

Negotiations have resumed in Brussels over Britain’s exit from the European Union (EU). Since the last round of talks in July, the United Kingdom (UK) has published a series of position papers on various Brexit issues, including the future customs cooperation with the EU (Open for Business: Customs at the Forefront of the UK’s New Special Partnership with the EU). There is also talk of a transition for the immediate period after Brexit. Real chances of discussing these issues are not dependent on Great Britain alone, but on what transpires at an EU October summit authorizing the start of trade negotiations.

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Topics: Duty Management, Global Trade Content, Global Knowledge, Trade Content Specialists

Open for Business: Customs at the Forefront of the UK’s New Special Partnership with the EU

Posted by Arne Mielken

Although Big Ben has been taken out of commission for the next four years while it is being refurbished, the UK is making sure commerce and trade will be running after its departure from the European Union (EU). The story is well-known by everyone in the trade industry; the United Kingdom-European Union membership referendum vote held on 23 June 2016 resulted in 51.9% of voters voting in favor of leaving the EU. The government initiated the official EU withdrawal process on 29 March 2017, putting the UK on-course to complete the withdrawal process by 30 March 2019.

Amber Road has regularly kept our customers and trade professionals in the know about Brexit’s impact on trade. The blog post on 15 June 2016 and a full corporate press release. We also held a special webinar on the “The British Vote Brexit: How Will This Impact Global Trade in EU and US Companies?” which is available on-demand and issued a Q&A paper.

Following months of speculation regarding the UK’s position on various aspects of global trade – positions that are now subject to serious scrutiny as the government negotiates the departure from the EU - an official paper was just released to clarify the government’s plans...

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Topics: Global Trade Content, Global Knowledge, Trade Content Specialists

EU & Canada Confirm: “We Are Ready To Apply CETA This Autumn!”

Posted by Arne Mielken

On July 8, 2017, at the G20 meeting in Hamburg, Germany, the EU and Canada officially announced the provisional application of the Comprehensive Economic and Trade Agreement (CETA) - the modern-day Free Trade Agreement (FTA) between the EU and Canada. The date of implementation has been officially set for September 21, 2017. Canadian Prime Minister Justin Trudeau said that "98 percent of the CETA agreement will take effect on 21 September."

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Topics: Duty Management, Free Trade Agreements

Netherlands Places Mandatory AEO Requirement on Customs Agents

Posted by Arne Mielken

The EU’s Union Customs Code (UCC) provides the possibility of imposing national conditions or requirements for the status of customs representatives. Customs representatives, also known as Customs brokers, are the professionals that "clear" goods through customs barriers for importers and exporters. This involves the preparation of documents and/or electronic submissions, the calculation and payment of taxes, duties and excises, and facilitating communication between government authorities and importers and exporters. Custom brokers may, for example, be employed by or affiliated with freight forwarders, independent businesses, shipping lines, importers, exporters, trade authorities, and customs brokerage firms.

As of July 1, the Netherlands requires these customs representatives to meet Authorized Economic Operator (AEO) criteria, with the hopes of improving the quality of data they supply in their customs declarations.

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Topics: Entry Management, Import Customs Filing

Amber Road is “En Marche!” with French Taxes

Posted by Arne Mielken

On May 14, 2017, the French Republic elected the youngest president of its history, Emmanuel Macron, who promised to reform the country and better prepare it for 21st century challenges. This is a big deal for the global trading community and the EU because France has the world's sixth largest economy by IMF estimates and the tenth largest economy by Purchasing Power Parity figures. It is the third largest economy in Europe.

In the wake of this historic election, there is one particular French trade aspect to consider and whether it’s ripe for reform: the peculiar French indirect taxes. Sure, France may have done away with their king a while ago, but some say France is still the King of Indirect Taxes!

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Topics: Landed Cost Calculation, Duty Management

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