WCO publishes 2018 edition of SAFE Framework of Standards

“The 2018 version augments the objectives of the SAFE Framework with respect to strengthening cooperation between and among Customs administrations, for example through the exchange of information, mutual recognition of controls, mutual recognition of Authorized Economic Operators (AEOs), and mutual administrative assistance.  In addition, it calls for enhanced Customs cooperation with government agencies entrusted with regulatory authority over certain goods (e.g., weapons, hazardous materials) and passengers, as well as with entities responsible for postal issues.  The Framework now also includes a comprehensive list of AEO benefits with certain minimum assured benefits.”

[World Customs Organization]

EU rejects U.K. customs duty collection proposal

“The U.K. government had proposed an arrangement to the EU that would essentially allow it to collect both British and EU duties on cross-border trade, even though the U.K. would no longer be a part of the EU customs union. The U.K. is expected to leave the EU on March 29, 2019, but is still working out how customs oversight of trade will be managed after the split.”

[American Shipper]

Factories shift out of China to avoid trade war, boosting volume for logistics firms

“The Sino-US trade war has been forcing Kerry’s clients to shift their production towards the members of the Association of Southeast Asian Nations (Asean), or to ship finished goods to the Americas to avoid the increased tariffs. Either way would increase shipping volumes, Ma said.”

[South China Morning Post]

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