European Commission proposes CBAM simplifications
On February 26, the European Commission published a proposal within the ‘Omnibus’ package to simplify the Carbon Border Adjustment Mechanism (CBAM).
On February 26, the European Commission published a proposal within the ‘Omnibus’ package to simplify the Carbon Border Adjustment Mechanism (CBAM).
The European Union has announced a series of countermeasures in response to the United States’ recent decision to impose tariffs of up to 25% on European steel, aluminium, and related products.
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The import of organic products into the EU will be subject to stricter regulations starting March 1, 2025. Importers and customs brokers must prepare for a revised process in which the Certificate of Inspection (COI) plays a central role.
When foreign entrepreneurs import goods into the EU, they generally have to pay import VAT. This import VAT can later be reclaimed by the foreign entrepreneur through the Dutch VAT return.
The European Commission has recently announced that it is working on a proposal to significantly raise the threshold for the CBAM. This proposal comes in response to concerns raised by importers, and the Dutch Emission Authority (NEa) has repeatedly advocated for a change to the threshold to reduce administrative burdens.
On February 5, 2025, the European Commission announced new measures to tackle the challenges posed by e-commerce goods imported via non-EU online retailers and marketplaces. These actions are part of the broader strategy for safe and sustainable e-commerce.
The CPB report investigates the consequences of U.S. import tariffs, including effects on Dutch exports and employment. The report concludes that U.S. tariffs are likely to affect the U.S. economy the most, but Dutch businesses could also be impacted, particularly in manufacturing.
Since February 1, 2025, the new interim trade agreement between the EU and Chile (ITA EU-CL) came into effect. This agreement replaces the previous association agreement and introduces significant changes for businesses trading with Chile.
Starting February 1, 2025, the Common Transit Convention can be used for the transport of goods to and from Georgia. This will replace the TIR system that was previously used for these routes.
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