On May 18, 2022, Canada further amended the Special Economic Measures (Russia) Regulations to prohibit the export of certain luxury goods and goods that could be used in the manufacturing of weapons to Russia, to prohibit the import of certain luxury goods from Russia, and to list an additional 14 oligarchs, close associates of the Russian regime, and members of their families.
On May 27, 2022, Canada further amended the Special Economic Measures (Russia) Regulations to list an additional 22 individuals who are senior officials of financial institutions and their family members, as well as 4 key financial institutions and banks.
On June 7, 2022, Canada further amended the Special Economic Measures (Russia) Regulations to prohibit the provision of 28 services to the Russian oil, gas and chemical industries, including technical, management, accounting, and advertising services.
30 May - Meeting at the special European Council, EU leaders agreed on the sixth package of sanctions that will include a ban on almost 90% of all Russian oil imports by the end of the year. President von der Leyen called it an important step forward. The leaders also reiterated EU’s unwavering support to Ukraine, including for its future reconstruction.
In a significant move, the government placed restrictions on sugar exports today to prevent a surge in local prices. According to reports, the govt has told traders to secure permission for overseas sale of sugar from June 1 to October 31. The move primarily seeks to improve availability of the sweetener in the domestic market and check price rise.
The Government has brought the import of paper under compulsory registration from the 1st of October. The import policy of major paper products has been amended from ‘Free’ to ‘Free subject to compulsory registration under Paper Import Monitoring System’. A notification to this effect has been issued by the Directorate General of Free Trade. This order shall be applicable on a range of paper products, such as newsprint, handmade paper, wallpaper base, duplicating paper, coated paper, uncoated paper, Litho and offset paper. All imports arriving on or after 1st of October this year shall be governed by this policy. Paper products like currency paper, bank bonds and cheque paper and security printing paper have been excluded from this policy change. The domestic paper industry has been raising issues of dumping of paper products in the domestic market by way of under-invoicing, entry of prohibited goods by mis-declaration, and re-routing goods through other countries in lieu of trade agreements. The move will also go a long way in promoting Make In India and Aatmanirbhar Bharat in this category.
Japan has decided to ban the exports of high-tech goods – such as quantum computers, 3D printers and electron microscopes – to Russia, the country’s Ministry of Economy, Trade and Industry.
On 10 June 2022, the Lesotho Revenue Authority (LRA) held an inauguration ceremony to announce the official launch of a new electronic tariff platform, developed by the LRA in partnership with the EU-WCO Programme for Harmonized System in Africa (HS-Africa Programme), funded by the European Union. At the invitation of the LRA Commissioner General Mr. Thabo Khasipe, the event was attended by senior representatives of the Ministry of Trade and Industry, SACU Secretariat, the European Union (EU) Delegation to Lesotho, the WCO and a wide audience of stakeholders, including private sector. The WCO Secretary General Dr. Kunio Mikuriya delivered remarks at the opening of the ceremony.
The Ministry of Trade ("Ministry") amended the Customs Regulation ("Regulation") regarding certain regulations such as declaration with exceptional value, delivery of goods, incomplete declaration and supplementary declaration in the export regime, and goods that can be stored in warehouses. The Ministry regulated the simplified statement within the scope of the authorized sender authority.
The Ministry amended the Regulation on 25 May 2022. Within the scope of the amendments, simplified statement with the authorized sender has been regulated and regulations on the declaration with exceptional value, delivery of goods, incomplete declaration and supplementary declaration in the export regime and goods that can be stored in the warehouse, the opening and operation permit for the warehouse, the pricing of the analysis carried out in the customs laboratories, the companies established by the authorized customs consultants and analysis pricing have been amended.
The main amendments introduced to the Regulation are as follows:
The amendments to the Regulation introduced significant amendments to the customs law. The provisions on simplified and supplemental declaration will enter into force on 25 June 2022. Importers, exporters and other stakeholders should closely follow these developments.
The United States Department of Agriculture’s Animal and Plant Health Inspection Services (APHIS) will require importers of earthworms to obtain a Plant Protection and Quarantine (PPQ) 526 Permit beginning July 1, 2022. Earthworms may transport animal and plant pathogens through ingested soil that detrimentally affect plant growth and diversity in the United States. Import permits will only be issued for earthworms imported from countries free from food-and-mouth disease (FMD). Countries free from FMD may be found on APHIS’ Animal Health Status of Regions webpage.
The U.S. Trade Representative (USTR) has extended, for the six months, the China Section 301 COVID exclusions which used Harmonized Tariff Schedule (HTS) number 9903.88.66. They had been due to expire on June 1, 2022, and now expire on November 30, 2022.
The European Commission published the final version of Annex 21 to the Good Manufacturing Practice (GMP) Guidelines governing the importation of medicinal products, which will enter into force on 21 August 2022.