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In the News: Brexit, Steel Safeguards, Cuba, Pakistan FTA

Tuesday, January 08, 2019
Sandler, Travis & Rosenberg Trade Report

No-deal Brexit risks spark company pleas for customs check help

“Prime Minister Theresa May is trying to extend the free movement of goods with the proposed exit agreement she’s struggling to push through Parliament, scheduled to go to a vote the week of Jan. 14. If Britain crashes out of the EU, companies will suddenly face tariffs and regulatory hurdles, meaning paperwork and border checks that would create delays.”

[Bloomberg]

EU to impose definitive safeguards on steel imports

“The proposed measures will be imposed erga omnes (against imports from all origins), concern 26 steel product categories and will ensure that trade diversion is avoided whilst maintaining traditional levels of trade in steel on the EU market. They consist of tariff-rate quota by which a duty of 25% will apply when the level of the traditional trade flows is reached. This system is similar to the provisional measures currently in place, with some variances in order to preserve traditional trade flows.”

[European Commission]

Cuba to develop digital platform for foreign trade

”The Single Window of Foreign Trade (VUCE by its Spanish acronym) will provide information and will allow managing, through electronic means, the required approvals for the entry and exit of the products.”

[Escambray]

U.S. senator proposes free trade pact for Pakistan

[Daily Times]

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