STTAS EU Trade Weekly: Autos, REACH, Singapore FTA, Russia Ban, Turkey Tariffs
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New action plan for car sector launched
The EU has announced a new action plan that aims to strengthen the competitiveness of the European automotive industry and establish the EU as a key player in the areas of innovative modes of transport and intelligent transport systems.
Easier approval process for innovative safety systems
The European Commission has adopted a new law that will allow vehicle and equipment manufacturers to present safety features incorporating new and advanced technologies for EU type-approval. The regulations also optimizes and streamlines the process of vehicle type approval.
REACH consultation on low volumes, legacy spare parts
The European Commission has opened through 30 April a consultation on streamlining and simplifying the REACH authorization application procedure for applications concerning uses of substances in low volumes and on a one-time extension of transitional arrangements for uses of substances in legacy spare parts.
EU urged to quickly ratify FTA with Singapore
The free trade agreement was concluded in October 2014 and is currently undergoing a legal scrub, after which it will have to be voted on in the European Parliament and ratified by EU member states.
Russia bans imports of foreign-made machinery for state needs
Part of the government’s import substitution plan, the ban primarily covers construction equipment and mining machinery as well as utility equipment and other types of vehicles.
Turkey raises custom duty of 130 imported products
Duties on small kitchen appliances, hand tools and hardware will be increased to not more than 50 percent. Imports from the EU and a number of other countries will be exempt.