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EU Extends Trade Sanctions Against Iran

Because Iran is not complying with its international obligation, the EU has adopted restrictive measures against Iran. These restrictive measures are both economic and financial sanctions and they have been in effect since 2011. The measures are extended yearly, which was recently done. The measures are now in place until April 13th, 2020. Sanctions Against
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The Risks of Using the Wrong HS-Code

What is an HS-Code HS-Code stands for Harmonized System Code. It is developed and maintained by the World Customs Organization in Brussels. HS-Codes are used by Customs Authorities worldwide to categorize products. Based on the HS-Code of the product you want to export there are specific requirements, import duties, tariffs, or taxes you may need
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Brexit Update: EU Grants May a Six Month Extension

After hours of deliberating the EU27 yesterday evening granted May a six month extension to Brexit. The new Brexit date is October 31th. A No Deal Brexit on April 12 has been avoided. For now. What the EU and the UK Agreed on The EU allows for an extension to allow for the ratification of
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Trump Threatens Europe with More Tarrifs

Trump has threatened to put import tariffs on a multitude of goods coming from Europe. The list includes helicopters, clothing, wine, and cheese. EU Support for Airbus Doesn’t Fly with Trump The main reason for the tariff threat is the subsidies Airbus has received from the EU. Airbus is the main competitor of the largest
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Brexit Update: May asks EU for another extension

Today May has asked the EU for another extension. In the letter to Donald Tusk, she writes: I am writing therefore to inform the European Council that the United Kingdom is seeking a further extension to the period provided under Article 50(3) of the Treaty on European Union, including as applied by Article 106a of
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Brexit Update: 2nd Indicative Vote All NO’s again. 4th Vote on May Deal?

Yesterday Parliament voted again on four alternatives to May’s deal, brought forth by members of Parliament. We will take you through the alternatives and the votes: Votes On Four Notions… Ehm… Motions Motion C – Customs Union: The UK leaves the EU, but stays in the Customs Unions. May has already said she is against
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Brexit Update: Third NO for May. One No-Deal Brexit Coming Up!

Brittish Parliament was given one final chance to approve the deal Prime Minister May and the EU made together. If they had voted YES the UK would have gotten an extension until May 22nd to get everything in order. They Voted NO! They have been voting NO for so long some may have forgotten how
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Brexit Update: UK Parliament Says: No, No, No, and More No

There was a lot of voting again in London yesterday. And this time it was different, at least in one respect. There was no voting on anything May put forward, but on alternative Brexit options that MPs put forward. Speaker John Bercrow had selected 8 options out of a total of 15. No, No, No,
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Brexit Update: UK Parliament Takes Control of Brexit

Another blow for Prime Minister May in Parliament yesterday. A majority of 329 over 302 MPs voted for an amendment giving Parliament more influence on what happens if May’s deal is not approved this week. If the deal is indeed not approved, the UK has until April 12 to propose an alternative deal to the
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Brexit Update: Deadline Extended to April 12th. Brexit on May 22nd?

An extension of the Brexit deadline until June 30th, that was what May requested in her letter to Tusk. The EU took a different approach last night and has granted the UK an extension until May 22nd. European elections are scheduled for May 23rd, so the UK needs to have left the EU before that.
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The Benefits of an AEO Certified Customs Agent

Customs Support Group is AEO Certified. Great! But what does that mean? AEO stands for Authorized Economic Operator. It is a concept that has been established by the EU in 2008. The main goals are increasing international supply chain security and facilitating legitimate trade. Companies that want to become Authorized Economic Operators have to meet
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Brexit Update: May Requests Extension of the Deadline

Theresa May has officially requested the EU to extend the Brexit deadline until June 30th. Earlier today she sent a letter to European Council President Donald Tusk in which she explained, that the road to a deal will not be an easy one. You can read the letter here. The main reason for the complications
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