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 […]