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Tag: customs code

  • Union Customs Code comes into effect

    Union Customs Code comes into effect

    As of May 1st, all EU members will have the same customs rules, regardless of the state where the goods are declared, following the introduction of the Union Customs Code. This will allow goods to travel freely or be marketed across the Union once they met the customs requirements. The code sets the foundations for the electronic customs project, which is to be implemented by 2020 and which entails that all customs procedures will become electronic. The Union Customs Code is a modernised version of the Community Customs Code, which entered into force in 1992.



    Economic operators involved in foreign trade are directly affected by the new legislation. Understanding the changes it brings and implementing them properly and on time is essential for Romania, which is an entry point for goods travelling to Central and Eastern Europe. The European Commission is working on a set of transitional measures to regulate existing customs licences and customs procedures initiated before May 1st, so as to allow economic operators to carry on their activities and to ensure compliance with the new provisions.



    Under the new Union Customs Code, economic operators will be able to provide clarifications and additional information before a decision by the national customs authorities. “The new customs code will facilitate trade and protect the internal market. A direct and faster cooperation with trade partners will secure supply chains and simplify the relationship between business and customs authorities. The new code also establishes the premises of simpler and faster customs checks by 2020, said Eugen Dragos Doros, the president of the Romanias main tax agency.


  • 19 April, 2016

    19 April, 2016

    MINISTER — In Bucharest today, the newly appointed labor minister, Dragos Paslaru, takes up his term under difficult circumstances, with trade unions protesting the planned emergency executive order on state wages. On Monday, 200 teachers protested outside the government building, demanding a 35% raise.



    VISIT — Spanish Minister of Justice Rafael Catala is on an official visit to Romania on Tuesday and Wednesday. He is scheduled to hold talks with Romanian Foreign Minister Lazar Comanescu, his counterpart Raluca Pruna, and head of anti-corruption, Laura Kovesi. These meetings are part of the intense cooperation between the two countries, considering the huge Romanian community in Spain, and the common interest displayed by the two countries in creating an international court for prosecuting terrorism. Spain has the largest community of Romanians living abroad, amounting to around one million.



    CUSTOMS CODE — Romanian goods will gain access to the entirety of the EU starting on May 1, 2016, when the Union Customs Code comes into effect. The document sets common procedures, harmonized across the EU, facilitating trade.



    INVENTION — Romania got 19 gold medals, 14 silver medals, two bronze medals, and 30 special prizes at the Geneva International Invention Salon. Romanian teams submitted 30 inventions, including a method to recycle safety glass and a device to pinpoint cancer cells. Over 1,000 inventions from 40 countries competed in the event, half of them from Asia, predominantly from China. Last year, Romania got 28 medals. Two years ago, the Grand Prize was won by a Swiss company for technology created by a team of Romanian researchers.



    CINEMA — The 12th edition of the Bucharest International Film Festival, running from Monday to Sunday, opened with the film Soy Nero, submitted by Iranian director Rafi Pitts. It tells the story of a deported Mexican who manages to enlist in the US armed forces in order to gain citizenship. The festival consists of 15 movie screenings for films from Spain, France, the US, Iran, Romania, Belgium, Bosnia-Herzegovina, Argentina and Bulgaria.



    EARTHQUAKE – The Ecuadorian government announced that 400 people are known to be dead and around 2,500 injured after the 7.8 Richter scale quake on the Pacific coast of the country. The search for survivors continues, while reconstruction costs are estimated to reach billions of dollars. President Rafael Correa said this is the worst tragedy in the last 70 years for his country. On Monday, officials with USAID announced it would join UN rescue teams, sending teams of experts to Ecuador to support recovery after the earthquake.



    BOMBING — Around 30 people were killed and over 300 injured in a suicide bombing in Afghan capital Kabul, according to police sources. The attack was claimed by the Taliban, and targeted a government building housing security personnel.



    PULITZER — The winners of the Pulitzer Prize were announced in New York. The Associated Press won the prize for a public service. Reuters and the New York Times won the prize for breaking news photojournalism in relation to the refugee crisis. The Los Angeles Times won the prize for breaking news reporting on the San Bernardino massacre, while the Tampa Bay Times and the Sarasota Herald Tribune won prizes for investigative journalism.