Aug 31, 2012
More Harmonised System amendments announcedBack
South Eastern Europe|Bosnia|Croatia|Serbia And Montenegro|United Kingdom|Adriatic Sea|Adriatic
© Reuse this
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
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.
UK Tobacco Packaging
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
Applications and Amendments
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines
Other Callie Lombard News
Updated 31 minutes ago This month’s roundup includes details of TSX- and NYSE-listed Alderon Iron Ore’s power purchase and security agreement with Newfoundland and Labrador Hydro for the Kami iron-ore project, in western Labrador; US aluminium refiner and products manufacturer...
Recent Research Reports
Automotive 2014: A review of South Africa's automotive sector (PDF Report)
The report provides insight into the business environment, the key participants in the sector, local construction demand, geographic diversification, competition within the sector, corporate activity, skills, safety, environmental considerations and the challenges...
Construction 2014: A review of South Africa's construction sector (PDF Report)
Construction data released during 2013 hints at a halt to the decline in the industry during the last few years, with some commentators averring that the industry could be poised for recovery. However, others have urged caution, noting that the prospects for a...
Electricity 2014: A Review of South Africa's Electricity Sector (PDF Report)
This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives,...
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
Road and Rail 2013: A review of South Africa's road and rail infrastructure (PDF Report)
Creamer Media’s Road and Rail 2013 Report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Liquid Fuels 2013 (PDF Report)
Creamer Media’s 2013 Liquid Fuels report examines South Africa’s liquid fuels market, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing,...
This Week's Magazine
Updated 33 minutes ago This month’s roundup includes details of TSX- and NYSE-listed Alderon Iron Ore’s power purchase and security agreement with Newfoundland and Labrador Hydro for the Kami iron-ore project, in western Labrador; US aluminium refiner and products manufacturer...
Creamer Media’s Electricity 2014 report provides insight into South Africa’s electricity generation, exploring the issues of State-owned power utility Eskom's generated power, coal supplies, electricity tariffs and demand-focused initiatives, as well as the...
This month’s report includes details of junior miner Papillon Resources’ mining permit for its flagship Fekola gold project, in Mali; the Waterberg Coal Company’s feasibility on the development of an opencast mine, in Limpopo, to produce ten-million tonnes a...
A structured approach, wherein managers personally engage at each level of the project, is necessary to mitigate delays to the workflow on mega construction projects, says State-owned Eskom Kusile power station projects GM Abram Masango. The 4 800 MW Kusile power...
Construction of transmission lines to evacuate power from a regional hydroelectric project in East Africa, which was hanging on the balance following the withdrawal of financing by key partners, is now back on track. After six months of uncertainty, the African...
Next ArticleAnother frozen chicken meat investigation