EU

EU – Carbon Border Adjustment Mechanism (CBAM) Starting from 1 October 2023

REGULATION (EU) 2023/956 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 10 May 2023 establishing a carbon border adjustment mechanism (CBAM) came into force on 17 May 2023. It's part of the 'Fit for 55' legislative package. Its purpose is to ensure equivalent carbon pricing for imports and domestic products. The goods covered by […]

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EU Customs Major Reform: A data-driven vision for a simpler, smarter and safer Customs Union

The European Commission has announced an ambitious plan to reform the EU Customs Union. This reform is the most significant since the Union’s establishment in 1968. The proposed measures present a world-leading, data-driven vision for EU Customs, which will massively simplify customs processes for businesses, especially for the most trustworthy traders. Key features of the […]

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