In the May 8 edition of the Official Journal of the European Union the following trade-related notices were posted:
France plans to eliminate glyphosate use by 2021 with “limited exceptions,” according to a May 2 report from the U.S. Department of Agriculture' Foreign Agricultural Service. France Agriculture Minister Didier Guillaume, who made the announcement, also said the country hopes to slash “pesticide, insecticide and fungicide” in half by 2025, saying the country should “revert to the farming methods used by their grandparents,” according to the report. The announcement was met with negative reaction from French farmers and farm unions, who claimed that “style of farming” could reduce production by 30 percent to 40 percent below today's levels, USDA said. In April, Agriculture Secretary Sonny Perdue called Vietnam's recent ban on the importation of glyphosate “devastating” and said it could cause significant ramifications for global agricultural production (see 1904120011).
In the May 8 edition of the Official Journal of the European Union the following trade-related notices were posted:
In the May 7 edition of the Official Journal of the European Union the following trade-related notices were posted:
The United Kingdom on May 3 published guidance on several sanctions regimes, including the ISIL (Da’esh) and Al-Qaida sanctions, the Democratic Republic of Congo sanctions, the Counter-Terrorism sanctions and the Zimbabwe sanctions. The guidance documents describe practices for sanctions compliance, including in financial- and trade-related sectors, and detail exceptions for the sanctions regimes. Licenses for trade exceptions may only be issued under the Zimbabwe sanctions and the Congo sanctions, according to the documents. Violating any of the sanctions in the financial sector can lead to a six-month prison sentence and a fine, while sanctions violations in the trade sector can lead to a maximum 10-year prison sentence and a fine.
Italy delayed the effective date of value-added taxes on “remote sales” of certain goods through “electronic interfaces,” including mobile phones, video game consoles, tablets and laptops, according to a May 2 notice from KPMG. The taxes will take effect Jan. 1, 2021, KPMG said, and VAT payments on remote sales are not required for the first quarter of 2019. However, KPMG said that beginning July 1, 2019, “taxable persons that make such remote sales have a reporting obligation for transactions conducted between” Feb. 13 and May 1 this year. The changes were announced as part of a decree regarding “urgent economic growth measures” published April 30, KPMG said. The decree also expanded the VAT reporting requirements for sales of all goods through “an electronic interface.”
In the May 3 edition of the Official Journal of the European Union the following trade-related notices were posted:
In the May 2 edition of the Official Journal of the European Union the following trade-related notices were posted:
In the April 30 edition of the Official Journal of the European Union the following trade-related notices were posted:
The European Union is setting to almost zero its long-standing retaliatory tariffs on certain U.S. products for U.S. distributions of antidumping and countervailing duties to affected U.S. industries, it said in a notice. With distributions amounting to only a few thousand this year, the tariff, which applies to corn of EU subheading 0710.40.00, jeans of EU subheading 6204.62.31, mobile cranes of heading 8705.10.00 and eyeglasses frames of former subheading 9003.19.00, will fall to 0.001%, down from 4.3% last year. The new tariff rates take effect May 1.