The European Commission Council's adopted a 13th package of sanctions against Russia on 23rd February 24. This package focuses on further limiting Russia's access to military technologies, such as for drones, and on listing additional companies and individuals involved in Russia's […]
On December 18, 2023, the European Council adopted its twelfth package of economic and individual restrictive measures in response to the continued Russian war of aggression against Ukraine. The focus of this package is to […]
The European Union (EU) has taken a significant step in its commitment to combat climate change by implementing the Carbon Border Adjustment Mechanism (CBAM) starting from October 1, 2023. This mechanism is designed to address the issue of carbon-intensive production being moved abroad to take advantage of lower environmental standards, or the replacement of EU products with imports that have higher carbon dioxide emissions. In this article, we will delve into the details of CBAM, including its objectives, implementation phases, and reporting requirements.
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 […]
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 […]
As on 23rd June 2023, The European Commission welcomes the Council's adoption of an 11th package of sanctions against Russia. This package will ensure that EU sanctions against Russia are even better enforced and implemented, based […]
The EU has imposed massive and unprecedented sanctions against Russia in response to the war of aggression against Ukraine. Here is the summary of EU sanctions imposed on Russia: What sanctions has the EU adopted […]
As more and more companies look for reliable partners to navigate the complex world of customs and trade compliance, the importance of AEO (Authorized Economic Operator) authorization cannot be understated. We had the opportunity to […]
On February 25th, 2023, the sad commemoration of one year since Russia’s full-scale invasion of Ukraine, the Council adopted a tenth package of additional restrictive measures giving another turn of the screw to the government […]
On December 16th, the Council of the European Union adopted a ninth package of new measures intended to step up pressure on Russia and its government. The package includes the following measures: For more details, […]
The EU on October 6th adopted its 8th package of Russia sanctions in response to the recent Russian annexation of Ukraine’s Donetsk, Luhansk, Zaporizhzhia, and Kherson regions. The package: Prohibits the provision of maritime transport […]
As on 20th June 2022, The Council decided to renew sanctions introduced in response to the illegal annexation of Crimea and Sevastopol by the Russian Federation for a further year until 23 June 2022. The restrictive […]