01. Guangdong to the small and micro manufacturing enterprises issued social security payment subsidies China Quality certification Center issued electronic products and safety accessories (080916) mandatory product certification implementation of the new standard GBT 9254.1-2021 requirements, automotive safety glass certification rules revision, lighting products voluntary certification implementation of the new standard GBT17743-2021 requirements notice. Guangdong province has issued by the on the implementation of manufacturing small low-profit enterprise social insurance payment subsidy notice, clear registered in Guangdong province, cumulative pay enterprise worker basic endowment insurance premium over 6 months (including 6 months, fee belongs since April 2021 to March 2022) manufacturing small low-profit enterprises, can receive subsidies. The subsidy standard is no more than 50,000 yuan per household, and the subsidy funds will be distributed in a one-time sum. The policy lasts until 30 November 2022. Electric Terminal Blocks, Rectangular Reflectors and Circular Connectors should be noted.
Original Notice: http://hrss.gd.gov.cn/gkmlpt/content/3/3938/post_3938629.html#4033
02. Fly again lower freight, effective on August 1
Following the announcement of 500 euros at the end of June, ffy recently announced that it would cut freight again and expand the scope of application.
Specific measures will include:
For all goods imported by French customers from Asia, 750 euros per 40 ft container;
For all goods destined for French overseas territory, the freight rate is reduced by 750 euros per 40 ft container;
New export measures: For all French exports, reduce 100 euros per 40 ft of container freight.
Scope of application: The original plan was to provide freight discounts to 14 major local retailers in France, but now it extends to all customers in France, including large groups, SMEs and small businesses. The company said the measures mean a 25 percent drop in freight costs.
The fee cuts will take effect on August 1, ffy said in a statement.
03. Kenya enforces import certification
In Notice 1 / 2022 (ACA) announced by the Kenya Anti-counterfeiting Authority on 26 April this year that any goods imported into Kenya from 1 July 2022, regardless of its intellectual property rights, are required to be filed with the ACA. On May 23, the ACA issued Notice # 2 / 2022, extending the deadline for filing mandatory filing filing to January 1,2023. The IP filing will be processed through the Anti-Counterfeit Administration Integrated Management System (AIMS). This means that from that date, any person importing the goods and the intellectual property owners must file for such rights with the ACA.
Regardless of the origin of the goods, all enterprises must record the intellectual property rights of the brand of imported goods, and the unfinished products and the unbranded raw materials are exempted. Violators will constitute an offence, and can be fined and jailed for up to 15 years. After a successful intellectual property filing, the ACA will issue certification marks in the form of an anti-counterfeiting device. If found absent, the ACA may seize and destroy the goods.
04. Argentina has once again tightened its import foreign exchange controls
Argentina’s central bank issued notice A7532 on June 27, adjusting foreign trade payment system regulations in response to the country’s additional energy imports, maintain economic growth and the development of small and medium-sized enterprises, and avoid speculation by importers. In order to give Argentina more time to normalize its foreign trade, the central bank will extend its import foreign exchange controls to import financing systems for services and non-automatic licensed products for three months to September 30 this year.
In addition, Argentina’s central bank issued a notice No. A7535 on June 30, since July 4 this year, banks have banned customers from buying overseas door to door goods or services denominated in US dollars on the cable by instalments, causing problems to domestic banks and e-commerce platforms.
According to the central bank’s new regulations, all foreign consumption paid through credit cards must be settled in a lump sum or paid with revolving credit interest with a monthly minimum card payable fee, banning all credit card installment concessions. This provision shall apply, whether for non-commercial purpose overseas transactions in the name of individuals or legal persons, and if goods are received through postal systems, international express delivery (couriers) or customs procedures.
The measure, which is designed to prevent the outflow of the US dollars and to prevent people from paying off the US dollars in local currency, is how Argentines generally buy or spend money from abroad.
05. Canada has made two preliminary decisions on Chinese mattresses
On July 7,2022, the Canadian Border Services Agency (CBSA) made a preliminary ruling on anti-dumping and countervailing affirmative (Mattresses) mattresses originating from or imported from China, and decided to impose provisional anti-dumping duties and countervailing duties on the products involved from that date. The specific reasons for the preliminary findings will be announced within 15 days. The customs codes of the products involved are 9404.21.00.00 and 9404.29.00.00.
The tax rates are detailed here:
http://cacs.mofcom.gov.cn/article/ajycs/ckys/202207/173737.html
07. India has settled its import and export trade using Rs
On July 11th, the Reserve Bank of India (RBI) issued a notice of international trade settlement with the Indian rupee (INR).
An additional mechanism was decided to implement, using Indian rupees to invoinvoice, pay and settle import and export goods, effective immediately, the notice said. Currency exchange rates between trading partner countries are determined by the market.
08. The Brazilian tax cut will reach 71 billion reais, and the import and export volume is expected to hit a new high this year
Tax cuts approved in 2021 and 2022 will cut 71 billion reais ($5.2 reais) this year, according to the Ministry of Economic Affairs. The main contribution to the tax cut was a 35% reduction on the industrial products tax (IPI), or about ris 23.6 billion in tax cuts, and other tax cuts on energy products such as gasoline, ethanol and diesel.
A recent report released by the Brazilian Foreign Trade Association predicts that the total trade volume is expected to reach $584.816 billion in 2022, surpassing last year’s record high. Of this, exports will increase by 13.8% over last year to US $319.471 billion; imports will increase by 21% to US $265.345 billion.
09. Global: The economic slowdown has led to lower raw material prices
Recently, global demand has fallen and raw material prices have fallen due to US tightening policies, the conflict between Russia and Ukraine, and the COVID-19 pandemic.
On July 15, nickel, the core raw material for electric vehicle batteries, was $19,333 a ton, down more than 18% from the end of June; copper used in electronics, power, automotive, construction and other industries fell to $70,000 from March, aluminum to $2,320 from $3,984 in February, and iron ore to $104 from $144 last month.
10. This new national standard for electronic products was released
The GB 4943.1-2022 mandatory national standard for Audio and Video, Information Technology and Communication Technology Equipment- -Part 1: Security Requirements- -has been released on July 19,2022, and will be officially implemented on August 1,2023.
The revision of the standard mainly has two aspects outstanding improvement: on the one hand, the applicable scope of further expand, the new standard integrates the original GB 4943.1-2011 information technology equipment security part 1: general requirements and GB 8898-2011 the audio, video and similar electronic equipment security requirements mandatory national standards, covering the audio, video, information technology and communication technology equipment of all products, conform to the current technology industry development trend. On the other hand, the technical upgrading, the new standard using safety engineering concept, put forward energy classification, fully consider all kinds of electronic products may appear in the process of use of electric shock, fire, overheating, acoustic and optical radiation six sources of danger, and put forward the corresponding protection requirements and test method, power electronic products safety protection precision, scientific and standardization.
detailed information:
https://std.samr.gov.cn/gb/search/gbDetailed?id=E4A2A4C875736A5DE05397BE0A0A61E8