The Council of the EU and the European Parliament "provisionally" agreed March 20 to renew until June 5, 2025, the suspension of import duties and quotas on goods from Ukraine for another year, the council announced. The council and parliament will next need to formally approve the agreement for the one-year extension.

The EU and the Philippines are resuming negotiations on a free trade agreement, the European Commission announced March 18. The commission said the goals of the FTA will be market access for goods and services, easier digital and sustainable trade, "effective sanitary and phytosanitary" procedures, sustainable food systems and intellectual property rights protections. The EU also noted the Philippines' large reserves of critical raw materials, "including nickel, copper and chromite," as a reason for resuming the FTA talks. The first round of talks are expected to be held "later this year."

The Council of the EU on March 19 approved reform efforts for the EU Court of Justice, transferring jurisdiction of various issues to the EU General Court. The council must now approve amendments to both courts' rules of procedure before the changes take effect.

A lawsuit between the trustee of a Russian businessman and his "long term" partner will go to trial after the U.K. High Court of Justice on March 13 declined to dismiss their defense, setting up a case that could shed light on the role sanctioned parties play in property disputes.

The U.K. HM Revenue & Customs announced on March 18 that businesses have until June 4 to move their export declarations to the new Customs Declaration Service platform from the Customs Handling of Import and Export Freight service. After June 4, declarations no longer can be submitted via the old service. The British customs office said that the Customs Declaration Service, which has been running since 2018 for import declarations, is "more user-friendly" and has "greater functionality."

The Group of 7 nations last week warned Iran to “immediately” stop sending weapons and important technology to Russia, or it will “face severe costs.”

The European Parliament last week gave its initial approval for a new set of rules that could “overhaul” the bloc’s customs system, including by creating a single Customs Data Hub that will allow traders to submit all customs information on imports (see 2305170031). Parliament -- which adopted the “first reading position” for the rules 486-19, with 97 abstentions -- will continue discussing the changes after the upcoming parliamentary elections in June.

The European Council and European Parliament reached a provisional deal March 14 to update the rules on the "import, export and transit of firearms into and from the EU," the council announced. The rules seek to close loopholes for firearms trafficking while boosting trade of firearms for "legitimate purposes," the council said.

The EU on March 13 removed 12 names from its Russian sanctions regime, including nine Russian political and military figures who have died. The three living de-listed people are Arkady Volozh, a Russian businessman and co-founder of internet company Yandex; Serguey Mndoiants, vice president of government relations for AFK Sistema; and Jozef Hambalek, president of the European wing of the Night Wolves motorcycle club. The EU also amended the entries for 97 people and nine entities.

The EU should impose more sanctions against Venezuela for the Nicolas Maduro regime’s attacks against civil society and political opposition figures, the European Parliament said in a resolution this week. The resolution, approved 497-22, with 27 abstentions, said the bloc should increase sanctions on “high-level officials, members of the security forces, members of the regime’s Supreme Tribunal of Justice and Maduro himself” for their role in “imprisoning hundreds of political prisoners.”