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Geopolitics and the geometry of global trade

Global trade patterns are reconfiguring. More shifts are likely and businesses need to be aware of the potential trade-offs of different paths ahead.

Red seaDjibouti generalSouth koreaDemocratic republic of the congoSouth africaRepublic ofUnited statesUnited kingdomHong kongMacau generalMaya averbuchJoshua aizenmanVera trautweinAlexander sandkampChan qiuDanam peterson

EU Customs Reform And E-Commerce Platforms

The EU Customs Union reform will subject e-commerce platform operators to new compliance obligations, making them responsible for the collection of customs duties.

European unionEu customs unionEuropean commissionCombined nomenclatureMember statesHarmonized systemE commerceCustoms duty

Government clarifies no import restrictions on these IT products

The government clarifies that there are no import restrictions on certain IT hardware products. The Directorate General of Foreign Trade (DGFT), under

Desktop computersDirectorate generalForeign tradeAll in one personal computersImport restrictionHarmonized systemBit productsImport restrictionsImport management system

EU moving towards paperless customs system from June; Indian exporters must prepare to comply

EU moving towards paperless customs system from June; Indian exporters must prepare to comply
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Ajay srivastavaEuropean commissionGlobal trade research initiativeEuropean unionImport control systemEntry summary declarationFounder ajay srivastavaHarmonized systemSome indian

European Union: EU moving towards paperless customs system from June; Indian exporters must prepare to comply

The European Union (EU) is transitioning to a paperless customs process, implementing the second phase of its Import Control System (ICS) from June 3, 2024. This move is significant for Indian exporting firms, as the EU constitutes about 17% of India s total merchandise exports.

Ajay srivastavaGlobal trade research initiativeEuropean commissionEuropean unionImport control systemEntry summary declarationFounder ajay srivastavaHarmonized systemTotal exports

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