http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.15Change: -0.05
R/$ = 11.65Change: -0.10
Au 1283.66 $/ozChange: 10.51
Pt 1240.50 $/ozChange: 12.30
 
 
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 Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Aug 31, 2012

More Harmonised System amendments announced

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



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
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Trade@Work News
At the invitation of the Latvian Presidency of the European Union (EU), World Customs Organisation (WCO) secretary-general Kunio Mikuriya addressed the European Union Customs Union Group (CUG) in Brussels, Belgium on January 14. Latvia, which has responsibility for...
January 26 is International Customs Day, which celebrates the inaugural session of the Customs Cooperation Council (CCC) – the present-day World Customs Organization (WCO) – which took place on January 26, 1953. The WCO will use the day to dedicate 2015 to the...
I wanted to start this article with a reference to Eskom, but I simply do not have the energy. Electricity is considered a form of energy resulting from the existence of charged particles, either statically as an accumulation of charge or dynamically as a current....
More
 
 
Latest News
SAA acting CEO Nico Bezuidenhout, Finance Minister Nhlanhla Nene and SAA chairperson Dudu Myeni
Finance Minister Nhlanhla Nene has assured that loss-making national carrier South African Airlines (SAA) will not receive another bailout from government, noting that the most recent R6.4-billion government guarantee had only been provided in support of an intensive...
South Africa's cumulative trade deficit was R95.3-billion in 2014, the South African Revenue Service (Sars) said on Friday. In 2013, it was R71.4-billion, Sars said in a statement.
Certain regulatory approvals remain outstanding in Telkom’s proposed R2.67-billion takeover of JSE-listed Business Connexion (BCX), the parties said in an update to shareholders on Friday. BCX noted in the statement that the Competition Authority of Botswana had...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 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 road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
 
 
 
 
 
This Week's Magazine
The international Square Kilometre Array (SKA) radio telescope – which is to be jointly hosted by South Africa and Australia with, later, outstations in other countries – may not yet exist, but international scientific working groups are already deciding what...
A free Web-based solar power plant capacity-planning tool offers project planners and developers, as well as governments, a means to assess the solar energy potential of thin-film solar PV power over an area of land. The tool was developed by thin-film solar...
As yet, no specific methodology, timeline or costs have been finalised to remedy the water ingress, excessive to contractual specifications, into the Gautrain tunnel between emergency shaft two (E2) and Park Station, says Bombela Concession Company technical and...
ASTRAPAK The group highlighted that executive strategic interventions and other group-wide business improvement imperatives were progressing favourably
The “seriously disruptive” electricity outages in South Africa have cost packaging group Astrapak more than R2-million in “irrecoverable downtime costs”, the company said on Monday, adding that the power cuts were negating some of the benefit of energy saving...
Bakkies and more affordable cars dominated South Africa’s new vehicle market in 2014. Unaudited data from the Department of Trade and Industry (DTI) shows that South Africa’s most popular vehicle in 2014 was the Toyota Hilux, selling 37 562 units.
 
 
 
 
 
 
 
 
 
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