New foreign trade regulations in March丨From March, these new foreign trade regulations will be implemented! A must-read for foreign trade people!
New foreign trade regulations in March
Overview
The five departments further clarified the requirements and procedures for the export of used cars;
Nine departments: Optimize the export-related procedures for new energy vehicles and power batteries;
The two departments: pilot preferential policies on offshore trade stamp duty in the Shanghai Pilot Free Trade Zone and Lingang New Area;
China and Thailand will exempt each other from visas starting from March 1;
The President of Ecuador issued an executive order approving the China-Ecuador Free Trade Agreement;
The US ITC made a preliminary ruling on anti-dumping and countervailing duty for Chinese glass wine bottles;
The Bureau of Indian Standards allows voluntary parallel testing of all electronic information products under the "compulsory registration scheme";
Uzbekistan prohibits the import of photovoltaic panels without indicating the quality grade;
Kyrgyzstan has tightened import controls on seeds and saplings;
Kenya has introduced mandatory pre-export conformity verification for batteries for electric cars and electric motorcycles;
Cuba adjusts import tariffs on some products;
Israel amends import and export laws.
Five departments further clarify the requirements and procedures for used car exports
The Ministry of Commerce and five other departments recently issued an announcement on matters related to the export of used cars, announcing the requirements and procedures for the export of used cars. The announcement will take effect on March 1, 2024.
According to the announcement, used car export companies applying to conduct used car export business must meet the following conditions: for manufacturing companies, they must be registered in the People's Republic of China and have independent legal personality; the company must be included in the "Announcement on Road Motor Vehicle Manufacturing Companies and Products" of the Ministry of Industry and Information Technology; export the products produced by the company; the company must operate legally and in accordance with regulations, comply with laws and regulations on production safety, environmental protection, taxation, customs and foreign exchange management, and have no unrectified illegal and irregular behavior and no serious acts of dishonesty.
For circulation enterprises, they must be registered within the territory of the People's Republic of China and have independent legal personality; have fixed business offices and second-hand car display and sales venues, and have experience in automobile sales or trading; have the ability to identify and evaluate second-hand cars, and employ at least 3 identification and evaluation professionals; the enterprise must operate legally and in accordance with regulations, comply with laws and regulations on production safety, environmental protection, taxation, customs and foreign exchange management, and have no unrectified illegal and irregular behavior and no serious acts of dishonesty.
The announcement also sets out clear requirements on enterprise declaration procedures and materials, export license application process, export license application materials, export prohibited situations, and responsibility requirements.
Full text of the Announcement:
http://www.mofcom.gov.cn/article/zcfb/zcgfxwj/202402/20240203472085.shtml
Nine departments: Optimize the export procedures of new energy vehicles and power batteries
According to the Ministry of Commerce website, the Ministry of Commerce and nine other units issued opinions on supporting the healthy development of new energy vehicle trade cooperation. It mentioned that the procedures for export-related links such as new energy vehicles and power batteries should be optimized, the processing time should be shortened, and the processing efficiency should be improved. Active participation should be given to the formulation of international standards and rules for the transportation of new energy vehicles and power batteries by the International Maritime Organization. Technical standards for passenger car container transportation should be formulated and issued.
full text:
http://www.mofcom.gov.cn/article/zcfb/zcdwmy/202402/20240203472074.shtml
Shanghai Pilot Free Trade Zone/Lingang New Area pilots offshore trade stamp duty preferential policies
The Ministry of Finance and the State Administration of Taxation issued the "Notice on Piloting Preferential Policies on Stamp Duty on Offshore Trade in the China (Shanghai) Pilot Free Trade Zone and the Lingang New Area" (hereinafter referred to as the "Notice"), stating that in order to support the development of offshore trade in the free trade pilot zones, preferential policies on stamp duty on offshore trade will be piloted in the China (Shanghai) Pilot Free Trade Zone and the Lingang New Area.
The "Notice" clearly states that from April 1, 2024 to March 31, 2025, stamp duty will be exempted for sales contracts written by enterprises registered in the China (Shanghai) Pilot Free Trade Zone and the Lingang New Area for offshore resale business.
Full text of the notice:
http://shanghai.chinatax.gov.cn/zcfw/zcfgk/yhs/202402/t470651.html
China and Thailand will exempt each other from visas starting March 1
On January 28, China and Thailand signed a visa exemption agreement in Bangkok. The agreement will officially take effect on March 1, 2024. According to the agreement, Thai ordinary passport holders and Chinese official and ordinary passport holders can enjoy 30 days of visa exemption when entering, exiting or transiting the other country; within 180 days, the cumulative stay of passport holders shall not exceed 90 days; long-term residence, work, study, media activities or other activities that require prior official approval are not subject to this visa exemption agreement.
Ecuadorian President issues executive order approving China-Ecuador Free Trade Agreement
On February 15, local time, Ecuadorian President Noboa issued Executive Order No. 166, approving the Ecuador-China Free Trade Agreement. According to the tariff reduction arrangements for goods trade in the agreement, China and Ecuador will cancel tariffs on 90% of the tariff items, of which about 60% of the tariff items will be canceled immediately after the agreement takes effect.
The Minister of Production, Foreign Trade, Investment and Fisheries of Ecuador said that after the approval of the President, the Ecuador-China Free Trade Agreement will be sent to the People's Republic of China by the Ministry of Foreign Affairs. After the approval process of the two countries, the agreement will take effect within 60 days.
The U.S. ITC makes a preliminary ruling on anti-dumping and countervailing duty for Chinese glass wine bottles
On February 12, 2024, the U.S. International Trade Commission (ITC) issued an announcement, making an affirmative preliminary ruling on anti-dumping and countervailing duty damages to glass wine bottles imported from China, ruling that the products involved in the case that were claimed to have dumped and subsidized have caused substantial damage to the U.S. domestic industry. This case involves products under the U.S. customs code 7010.90.5019.
India allows voluntary parallel testing of all electronic information products under the "compulsory registration scheme"
The Indian Economic Times reported that the Bureau of Indian Standards (BIS) recently announced that it would transform the parallel testing pilot project into a permanent program and expand the scope of products allowed for parallel testing to 64 electronic information products under the "Compulsory Registration Scheme". Electronic information product components under the "Compulsory Registration Scheme" can be sent to any BIS laboratory for testing in parallel, and the laboratory will gradually issue test reports. Manufacturers can voluntarily choose to conduct parallel testing or test according to the traditional sequential testing method.
A representative of MAIT, an Indian industry organization, said that the parallel testing method can save 4 to 13 weeks of time in electronic information product compliance applications.
Uzbekistan bans import of photovoltaic panels without quality grade
The Uzbek Cabinet recently passed the "Decree on Promoting the Development of Renewable Energy and Related Regulatory Measures", which stipulates that imported equipment and materials involving the use of renewable energy will be provided with 120 days of interest-free deferral of customs duties and fees, and the interest-free deferral period will be extended to 6 months for importers with no bad violation records in the past three years; at the same time, the quality control of related imported equipment will be further strengthened. From March 1, the import of photovoltaic panels without quality grade indication will be banned, and relevant departments will be required to establish laboratories to evaluate whether imported renewable energy equipment complies with technical regulations.
Importers will need to submit certification applications to the Ukrainian Center for Scientific Testing and Quality Control Standards through the "single window" customs system.
Kyrgyzstan strengthens import control of seeds and saplings
According to the Kyrgyz Economist, the Ministry of Water Resources, Agriculture and Processing Industry (hereinafter referred to as the Ministry of Agriculture) recently stated that in order to expand the import of high-quality crop seeds and fruit seedlings and avoid the import of harmful organisms, from January 10, 2024, when handling the import procedures for seeds and seedlings, it is necessary to provide the written opinions of the Agricultural Plant Supervision Bureau of the Ministry of Agriculture of Kyrgyzstan, the plant quarantine certificate of the exporting country and other materials. The Ministry of Agriculture will conduct irregular inspections of plant quarantine stations and sales venues and take punitive measures against illegal and irregular behaviors.
Kenya implements mandatory compliance verification for electric vehicle/motorcycle batteries
On December 1, 2023, the Kenya Bureau of Standards (KEBS) announced mandatory pre-export conformity verification for batteries for electric vehicles and electric motorcycles.
The announcement notifies that from January 1, 2024, all importers of batteries for electric vehicles and motorcycles shall undergo mandatory pre-export conformity verification by the PVOC issuing agency designated by KEBS in the country of origin. Only batteries for electric motorcycles and electric vehicles with a Certificate of Conformity (CoC) are allowed to enter Kenya.
Cuba adjusts import tariffs on some products
According to the Cuban Debate Network, the Cuban Ministry of Finance and Prices issued Resolution No. 7 of 2024 in the Cuban Official Gazette on January 25, deciding to reduce the import tariff rate on raw materials and intermediate products for production, especially raw materials and intermediate products for agricultural production, by 50% from now on.
On the same day, the ministry also jointly issued Joint Resolution No. 1 of 2024 with the Ministry of Foreign Trade and Investment of Cuba, which will increase the import tariffs on cigars, cigarettes, and alcoholic beverages including rum to 30% (the most-favored-nation tariff rate for related products will be increased to 15%) from now on.
Israel amends import and export laws
The Minister of Economy and Industry signed the Sixth Amendment to Israel's Import and Export Law. The amendment made major reforms to Israel's import system. It relaxed the import requirements for products and goods that are subject to mandatory standards and are classified in the 2nd and 3rd regulatory import categories, such as toys, electrical and electronic products, tableware, cleaning materials, faucets, construction materials, etc.
The reforms will allow the import of a wide range of products without the initial requirement to implement a model or conformity testing. A declaration of conformity from the importer will be relied upon. The bills will be backed by enhanced market surveillance.
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