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In the News: Mexico Ports, E-Commerce, India-U.S. FTA, Valuation

Thursday, July 23, 2020
Sandler, Travis & Rosenberg Trade Report

Mexico puts military in charge of nation’s ports

“Mexico’s army will now be in charge of the country’s 49 customs offices – including the Mexican side of ports along the U.S.-Mexico border – in an effort to combat corruption and the massive smuggling of drugs across ports of entry.”

[FreightWaves]

India urges WTO members to reconsider moratorium on duties on e-commerce

“According to industry experts, India wants an end to the moratorium and imposition of import duties to protect domestic industry and revenue.”

[Outlook India]

Almost there on trade deal with U.S., says Indian commerce minister
“The US is keen on a deal ahead of its presidential elections in November and had indicated that an initial deal could include restoration of the Generalised System of Preferences (GSP) benefits to India and market access for each other’s agricultural products with a long-term view of a broader trade agreement. New Delhi has demanded exemption from high duties (imposed by the US) on certain steel and aluminium products and market access for its farm products.”

[Economic Times]

Philippines customs adopts new valuation and classification system

The new system “aims to provide a reliable database on the value and classification of imports to prevent misinvoicing and misclassification.”

[Manila Bulletin]

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