http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 17.14Change: -0.31
R/$ = 14.91Change: -0.30
Au 1278.12 $/ozChange: -9.13
Pt 1054.50 $/ozChange: -13.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Aug 31, 2012

More Harmonised System amendments announced

Back
South Eastern Europe|Aviation|Business|Export|Packaging|System|Bosnia|Croatia|Serbia And Montenegro|United Kingdom|Contracting|Equipment|Packaging|Product|Products|Adriatic Sea|Adriatic
|Aviation|Business|Export|Packaging|System||Contracting|Equipment|Packaging|Products||
south-eastern-europe|aviation|business|export|packaging-company|system|bosnia|croatia|serbia-and-montenegro|united-kingdom|contracting|equipment|packaging|product|products|adriatic-sea|adriatic



At the beginning of August, the World Customs Organisation (WCO) informed of additional consequential amendments to the Harmonised System (HS) Nomenclature 2012 edition, launched in South African on January 1.

The WCO council, at its 119th and 120th sessions, in June, adopted a supplementary corrigendum amendment to the HS Nomenclature 2012 edition. The supplementary corrigendum amendment was required in order to correct an edi- torial error in the recommendation of June 26, 2009, concerning the amendment of the HS Nomenclature for entry into force on January 1, 2012.

The corrigendum amendment reads: “Chapter 56. Subheading 5601.2. Subheading text. Delete and substitute – ‘Wadding of textile materials and articles thereof’.”

An Article 16 recommendation con- cerning the legal requirements consequential upon the corrigendum amendment to the HS 2012 will enter into force on January 1, 2017, following the procedure established under Article 16 of the HS Convention. However, by applying the corrigendum procedure approved by the council at its sessions in June, the amendment could enter into force on January 1, 2012, to reflect the situation from that date.

Bosnia and Herzegovina
On August 14, the WCO informed of Bosnia and Herzegovina’s accession to the International Convention on the Harmonised Commodity Description and Coding System (the HS). Bosnia and Herzegovina has been a member of the WCO since July 4.

At present, more than 98% of inter- national merchandise trade is classified in terms of the HS. Through its accession, Bosnia and Herzegovina has become the 144th contracting party to the HS Convention.

Bosnia and Herzegovina is located in south-eastern Europe, on the Balkan Peninsula. It is bordered by Croatia, Serbia and Montenegro, and has a small coastline of 20 km on the Adriatic Sea. Its principal export commodities are metals, clothing and wood products. Machinery and equipment, chemicals, fuels and foodstuffs are its principal import commodities. Bosnia and Herzegovina is a potential candidate country for accession to the European Union (EU), though the challenges facing the EU might result in the acces- sion not being an immediate priority.
The HS Convention will enter into force in Bosnia and Herzegovina on January 1, 2014.

UK Tobacco Packaging
Accounting for the topical issue of the standardisation of the packaging of tobacco products is a topical issue, comments from an international influential business organisation, the International Chamber of Commerce (ICC), should be of interest to readers of this column. The Business Action to Stop Counterfeiting and Piracy (BASCAP), an initiative of the ICC, has responded to a UK government call for public comment on a proposal to introduce standardised packaging of tobacco products by warning that such a move would result in unintended negative consequences.

According to its release, the BASCAP is concerned that standardised or plain packaging would increase the preva- lence of counterfeit goods in the market, reduce brand owners’ ability to take action against such activity and undermine the ability of consumers to make informed buying decisions. Trademarks serve these important functions for all branded goods.

The ICC statement reads: “The ability of brand owners to market their product in unique and easily identifiable ways is fundamental to the protection of intellec- tual property (IP) rights in developed societies. Removing one industry’s ability to use its IP rights is government expropriation of private property and opens the door to extend this violation to other industries and other brand owners in the UK and elsewhere.”

The BASCAP also points out that standardised packaging is likely to increase, rather than decrease, burdens on already overstretched public agencies working to enforce IP protection in the face of escalating counterfeiting and piracy throughout the EU and the rest of the world.

WCO Research Papers
The WCO has released two research papers, namely ‘Compendium of autho- rised economic operator’ and ‘The European Union aviation emissions policy and border tax adjustments’.

Applications and Amendments
There were no tariff applications (increase in the rate of customs duty, reduction in the rate of customs duty, or the rebate of the customs duty), trade remedy applications (antidumping, countervailing, and safeguards), and tariff amendments, and trade remedy amendments published on August 17.

Edited by: Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
 
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Trade@Work News
Have you ever wondered why anyone would want to invest in South Africa? The economic reasoning for such a decision, that is. In recent weeks, I have been asking myself this question with increased regularity.  On April 13, I decided to employ Google to see the...
April 1 took me back to the days when i was studying towards a Master of Business Leadership (MBL) degree at the University of South Africa's Graduate School of Business Leadership. The MBL degree, South Africa’s original and then only 4-year business degree, with...
During the Easter weekend, my family, like many others, migrated to the Zulu Kingdom – wel,l partially, at least. Our intention was not to reach the coast but to go to one of the best-kept secrets in the Nambiti Game Reserve, the Umzolozolo safari lodge. Our...
More
 
 
Latest News
Brenda Berlin
Updated 2 hours 35 minutes ago Platinum mining company Impala Platinum (Implats) has secured a court order against a US platinum recycler, from which it is claiming $201-million. Implats said on Wednesday that the order, issued by the US District Court for the Eastern District of Pennsylvania,...
Andrew Hinkly
Updated 3 hours ago A potentially far-reaching step has been taken towards the viable roll-out of hydrogen refuelling infrastructure for platinum-using fuel cell electric vehicles (FCEVs) with the launch of a system that allows hydrogen to be stored and transported in conventional fuel...
Johannesburg mayor Parks Tau
Updated 3 hours ago At least R14-billion in investments had seen the economic development of the City of Johannesburg, resulting in economic hubs that created jobs and further opportunities for the city’s citizens, mayor Parks Tau said on Wednesday. The city had begun redesigning the...
More
 
 
Recent Research Reports
Energy Roundup – May 2016 (PDF Report)
The May 2016 roundup covers activities across South Africa for April 2016 and includes details of the National Energy Regulator of South Africa’s proposal to introduce a coal benchmark cost as part of its final decision on Eskom’s multiyear price determination...
Automotive 2016: A review of South Africa's automotive sector (PDF Report)
Creamer Media’s Automotive 2016 Report provides an overview of South Africa’s automotive industry over the past 12 months. The report provides insight into local demand and production, vehicle imports and exports, investment and competitiveness in the sector, as well...
Energy Roundup – April 2016 (PDF Report)
The April 2016 roundup covers activities across South Africa for March 2016 and includes details of a North Gauteng High Court Judge’s dismissal of a court application to postpone the 9.4% electricity tariff increase, which the National Energy Regulator of South...
Electricity 2016: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2016 report provides an overview of South Africa’s electricity sector, focusing on State-owned power utility Eskom and independent power producers, electricity planning, transmission, distribution and the theft thereof, besides other issues.
Energy Roundup – March 2016 (PDF Report)
The March 2016 roundup covers activities across South Africa for February 2016 and includes details of the Department of Energy’s plans to announce the preferred bidders for the first tranche of the coal independent power producer procurement programme; the Council...
Steel 2016: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2016 Report examines South Africa’s steel industry over the past 12 months. The report provides insight into the global steel market and and particularly into South South Africa’s steel sector, including production and consumption, main...
 
 
 
 
 
This Week's Magazine
The two spent-fuel pools at Eskom’s 1 800 MW Koeberg nuclear power station, in the Western Cape, will be full by 2018, increasing the urgency on the State-owned utility to begin pursuing alternative storage options. Koeberg has, over the past 32 years, accumulated a...
South Africa lacks the skills necessary to implement the government’s plan to build 9.6 GWe of new nuclear energy capacity, warns nuclear-qualified Quality Strategies International CEO David Crawford. “Apart from the concern about the affordability of the programme,...
DOROS HADJIZENONOS The 700-series devices provide network security monitoring, app control, URL filtering, VPN security, antivirus, antispam, antibot, and advanced intrusion prevention and detection functionality
Cybersecurity multinational Check Point has released its latest 700-series cybersecurity systems for small businesses, which draw on its international threat intelligence to provide up-to-date cybersecurity, says Check Point South Africa country manager Doros...
Daimler Trucks and Buses Southern Africa (DTBSA) saw a marked slip in new-vehicle sales in 2015 compared with 2014, with sales dropping from 5 897 units to 5 300 units. The decline came as the South African new truck and bus market declined from 31 558 units in 2014...
Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $149 Close
Subscribe Now for $149