Japan’s export restrictions on South Korea have had a minimal impact on the South Korean industry, a State Department official said during a Jan. 7 press conference. The official said that both Japan and South Korea are participating in “ongoing discussions” about the trade dispute (see 1912160011). “As far as I can tell, the impact, if any, on the South Korean industry has been limited to negligible,” the official said. Japan recently eased export controls against South Korea for one of the three chemicals it had imposed restrictions on, according to a December report from the Associated Press.
The Hong Kong Civil Aviation Department recently announced new X-ray screening measures for air cargo moving through Hong Kong, according to a Jan. 2 post from Mohawk Global Logistics. The requirements will be implemented in four phases, the post said, with the final phase expected to be completed by July 2021. The first phase, implemented Jan. 1, requires 25 percent of air cargo by weight to go through security screening, the post said. Hong Kong will gradually increase the screening percentage through June 2021. Shippers will be charged a “screening cost” based on the shipment’s incoterms rule, the post said.
China has no plans to adjust its import quotas for wheat, corn and rice despite an agreement with the U.S. to increase purchases of U.S. agricultural products (see 1912130035), according to an unofficial translation of a Jan. 7 report from Caixin, a Chinese financial news site. Han Jun, China’s vice minister of agricultural and rural affairs, called the import quotas a “global” quota, and said China “will not adjust for one country,” according to the report. The comments come as China’s Commerce Ministry remains vague about its plans to purchase U.S. agricultural goods despite reports that China plans to issue tariff exemptions to importers of U.S. agricultural goods more frequently (see 1912170030). The U.S. and China plan to sign phase one of the agreement Jan. 15 (see 1912310010)
Australian exporters will see significant benefits from the recent round of tariff cuts as part of the country’s free trade deals with South Korea and China and the Trans-Pacific Partnership, Australia’s trade minister said Jan. 1. Several rounds of tariff cuts took effect at the start of 2020 for Australian exporters, the minister said, including reduced tariff rates for exports of milk powders, goat meat, oranges, shelled almonds and skin care products into China. Tariffs will also be reduced on lamb exports to South Korea and beef exports to Mexico, Australia said.
Australia’s Department of Foreign Affairs and Trade plans to launch a new online sanctions platform to improve the process for making sanctions inquiries and applying for licenses. The platform, called Pax, is scheduled for launch in “early 2020,” Australia said, and replaces the Online Sanctions Administration System (OSAS), Australia’s previous online sanctions system. Australia said it will issue “user guides” to “ease this transition and all existing applications will remain in OSAS until finalised.”
Vietnam’s Ministry of Industry and Trade recently launched websites to tackle e-commerce concerns related to illegal transactions, “unsatisfactory” purchase disputes and reporting on “general e-commerce problems,” according to a Jan. 6 Hong Kong Trade Development Council report. The release of the websites is part of a larger effort by Vietnam to target counterfeit trade online and intellectual property violations, the report said. The websites are also designed to improve information sharing between Vietnamese government agencies for enforcement, HKTDC said.
The European Commission recently added Mongolia to its list of countries under the European Union’s registered exporter system, according to a Jan. 3 KPMG post. The change allows Mongolia to participate in the EU’s system of certification of origin of goods that applies in the Generalized System of Preferences benefits program, according to the commission.
Japan will officially phase out its beef imports special safeguard and pork imports safeguard from World Trade Organization member countries beginning April 1, according to a U.S. Department of Agriculture Foreign Agricultural Service report released Jan. 6. Japan said it is eliminating the safeguard because “virtually all imports” of beef and pork are now covered by trade agreements with “separate safeguard mechanisms,” but said a “special safeguard for pork will remain.”
China recently announced it will renew a program offering full value-added tax refunds on “domestic equipment purchases” by certain approved mainland companies and “foreign invested” research and development centers, according to a Jan. 3 report from the Hong Kong Trade Development Council. The foreign-invested companies must be approved by China’s Commerce Ministry, the report said. The VAT program will continue until Dec. 31, 2020.
China’s General Administration of Customs issued its “Customs Certified Enterprise Standards” for cross-border e-commerce “platform enterprises” and “express carrier operators,” China said in a notice released Dec. 31, according to an unofficial translation. The standards, which take effect March 1, must be adhered to by any cross-border e-commerce platform enterprise that applies for the application of customs certification enterprise management.