News
Print PDF

In the News: Sanctions, Customs Clearance, Trade Talks

Friday, January 26, 2018
Sandler, Travis & Rosenberg Trade Report

U.S. says Hong Kong must tighten rules to enforce North Korea sanctions

“Hong Kong has come under pressure from international bodies to clamp down on illegal money flows following cases involving local firms including so-called fake trade invoicing that allows billions of dollars of capital to leave China illegally.”

[Reuters]

Vietnam aims to halve customs clearance time

“To achieve its target, the [Ho Chi Minh City customs] department would continue with administrative reform, improving e-government services such as Viet Nam Automated Cargo and Port Consolidated System/Viet Nam Customs Information System and facilities such as online tax payment through banks and the Treasury for customs clearance.”

[Vietnam.net]

Commission reports on progress in EU-Mexico trade negotiations

During the most recent round the two sides “reached agreement on the text of the following chapters: trade in goods (main text), technical barriers to trade, good regulatory practices, transparency, energy and raw materials, trade and sustainable development, sanitary and phytosanitary matters, and customs and trade facilitation.”

[European Commission]

To get news like this in your inbox daily, subscribe to the Sandler, Travis & Rosenberg Trade Report.

Customs & International Headlines