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Home > News > Industry News > August New foreign trade regul.....

August New foreign trade regulations!

  • Author:Gina Chen
  • Release on :2020-08-04



✦India mandates that e-commerce products must be marked with "country of origin"
✦Australia will conduct strict inspections on container ships from August
✦Kiribati received zero tariff treatment for 97% of China’s tax items
✦India will impose 20%~25% tariffs on imported photovoltaic modules from August
✦The U.S. resumes imposing 25% tariffs on some exclusion lists
✦EU-Vietnam Free Trade Agreement came into force
✦Announcement of the General Administration of Customs on Facilitation Measures for Import Exhibitions
✦The General Administration of Customs Announces Announcement on Quarantine Requirements for Imported Croatian Dairy Products
✦The EU continues to extend the anti-dumping tax on Chinese solar glass


01/India requires e-commerce products to be marked with "country of origin"

The Indian side has required that before August 1st, all e-commerce products must be marked with "country of origin" and other information.

The Indian government has asked more than 30 e-commerce platforms such as Amazon Flipkart: sellers to display the country of origin on new products listed on their website before August 1 and display the country of origin on their original products before October 1 , Without a deadline. This is part of the Indian government's plan to curb imports.

02/Australia will conduct strict inspections on container ships

The Australian Maritime Safety Agency (AMSA) plans to conduct inspections on the securing of cargo on container ships heading to Australian ports.

The inspection will be carried out from August to October 2020 and will involve the extension of the Port State Control Inspection (PSC). Ships that do not meet the PSC inspection conditions will also be individually inspected. AMSA reminds that captains and shipping companies should prepare in advance.

The reason for this inspection is mainly due to the recent incidents of container falling into the water in Australian waters, which have affected the livelihood and safety of fishermen in nearby waters.

According to AMSA's investigation, improper cargo fixation and improper maintenance of fixed equipment are the main reasons for the accident. AMSA hopes to pass inspections to reduce cargo loss due to securing problems.

03/Kiribati received zero tariff treatment for 97% of Chinese products

On July 15, the Customs Tariff Commission of the State Council issued an announcement, deciding that from August 1, 2020, a preferential tax rate of zero will be applied to products originating in the Republic of Kiribati for 97% of the tax items.



The Customs Tariff Commission of the State Council issued an announcement that in accordance with China’s commitment to grant zero-tariff treatment to 97% of the tax items of the least developed countries that have established diplomatic relations with China, from August 1, 2020, the implementation of zero tariffs on 97% of the products originating in Kiribati , Involving a total of 8256 tax items.

04/India levies 20%~25% tariffs on imported photovoltaic modules from August

The Indian government is expected to impose a tariff of 20%-25% on imported photovoltaic modules from August, and increase the basic tariff on solar modules to 40% within one year.

And plans to raise tariffs on Chinese-made photovoltaic inverters to 25%.

05/The United States resumes imposing 25% tariffs on exclusion list products

On July 27, local time, the Office of the United States Trade Representative announced the seventh batch of exempted products with extended validity period (products on the 16 billion tariff exclusion list). The validity period of this batch of exclusions was originally scheduled to expire on July 31, 2020. The notice decided to extend the exclusion validity period from July 31, 2020 to December 31, 2020.

The original list of products excluded from the first batch of 16 billion tariffs has 69 items. This time, only 14 products have been extended with an extended period of validity, and 55 products have not been extended with an extended period of validity. This means that there are 55 excluded products from Eastern Time in 2020. The 25% tariff will resume on July 31, 2015.

06/EU-Vietnam Free Trade Agreement came into force

The EU-Vietnam Free Trade Agreement (EVFTA) entered into force on August 1 this year. After the agreement enters into force, the EU’s 65% tariffs on Vietnam’s exports will be immediately cancelled, and the rest will be phased out within 10 years. At the same time, starting from August 1st, the 71% tariffs on Vietnam’s exports to the EU will be immediately cancelled, and the rest will be phased out within seven years.

In general, within 10 years, Vietnam and the European Union will be close to duty-free status (99% of tariffs removed). In addition, the agreement will reduce non-tariff barriers faced by the EU, and will also open up Vietnam's service and public procurement markets to EU companies. According to the research results of the Ministry of Planning and Investment of Vietnam, Vietnam’s exports to the EU will increase by about 20% this year, 42.7% in 2025, and 44.37% in 2030. Vietnam's industries that benefit from EVFTA are mainly textiles, footwear, agricultural products and aquatic products.

EVFTA will help Vietnam's GDP increase by 4.6%, and products from EU countries will enter the rapidly developing Vietnam market with a population of 100 million.

07/Announcement of the General Administration of Customs on facilitation measures for import exhibitions

In order to ensure that the China International Import Expo is "getting better and better", the General Administration of Customs has formulated the "Customs Clearance Instructions for the 3rd China International Import Expo 2020" on the basis of summing up and improving the customs clearance facilitation measures of the previous two China International Import Expos. And "Customs Support Measures for the 3rd China International Import Expo in 2020."



08/The General Administration of Customs Announces Announcement on Quarantine Requirements for Imported Croatian Dairy Products

According to the relevant laws and regulations of our country and the "Protocol of the General Administration of Customs of the People's Republic of China and the Ministry of Agriculture of the Republic of Croatia on Animal Hygiene and Public Health Conditions of Croatian Dairy Exported to China", the import of Croatian dairy products that meet the relevant requirements will be allowed from the date of this announcement. . The inspection and quarantine requirements for imported Croatian dairy products are now announced.



09/EU continues to extend the double anti-tax on Chinese solar glass

On July 23, 2020, the European Commission issued an announcement stating that it made the first countervailing sunset review final ruling on solar glass originating in China, and decided to continue to impose a five-year countervailing duty on the products involved. The tax rate is 3.2% to 17.1%.

The EU CN code of the product involved is ex7007 19 80 (TARIC code is 700719 80 12, 7007 19 80 18, 7007 19 80 80 and 7007 19 80 85). The sunset review investigation period is from January 1, 2018 to December 31, 2018, and the industrial damage analysis period is from January 1, 2015 to the end of the investigation period of this case.