Group of 7 officials meeting in Rome last week said they have made progress on semiconductor supply chain issues and stressed the importance of addressing industrial policies that are unfairly propping up certain domestic chip industries.
The U.K. this week renewed a general license that authorizes certain transactions related to humanitarian activities involving Israel, the “occupied Palestinian territories” and Lebanon. The license was scheduled to expire May 14, 2025, but now will expire Nov. 14, 2025. The U.K. also amended the license’s reporting deadlines and added Lebanon to the scope of regions that are authorized by the license; the license previously covered only Israel and the “occupied Palestinian territories.”
The Council of the European Union on Oct. 8 extended the sanctions regime on Nicaragua for another year, until Oct. 15, 2025. The sanctions, which currently cover 21 people and three entities, were originally imposed in 2019 to respond to Nicaragua's "deteriorating political and social situation."
The U.K. on Oct. 8 revised its antidumping duties on ceramic tiles from China, revoking the duties for tiles where the largest surface equals or exceeds 0.36 meters squared "unless the differential relief on the largest surface exceeds" 3 millimeters. The U.K. also revoked duties for tiles with an "edge equal to or longer than 600mm, unless the differential relief on the largest surface exceeds 3mm." Another change adds "finishing ceramics" to the description of the covered goods, while "glazed and unglazed" will be removed from the description. The notice also extends the existing duty rates for another five years, until Nov. 24, 2027.
The Council of the European Union on Oct. 8 renewed the sanctions' regime on Sudan and ISIL/Da'esh and al-Qaeda for another year. The sanctions on those undermining the stability of Sudan currently cover six people and six entities and will now run until Oct. 10, 2025. The sanctions on ISIL cover 15 people and six entities and will now apply until Oct. 31, 2025.
The U.K. on Oct. 7 updated its end-user undertaking form -- which must be completed by all exporters to comply with standard individual export licences and standard individual trade control licences terms and conditions -- to remove references to its outgoing licensing system SPIRE. The country plans to retire SPIRE, or the Shared Primary Information Resource Environment, and replace it with its new digital export licensing system, Licensing for International Trade (LITE), in the coming months (see 2409190037).
The U.K. last week issued new guidance about the information-sharing provisions in its Economic Crime and Corporate Transparency Act, a law meant to increase detection and enforcement of sanctions evasion, terrorism financing, money laundering and other economic crimes. The guidance outlines the “voluntary” measures within the law that are designed to give “greater clarity and comfort” to companies when sharing information about potentially risky customers, the U.K. said, and describes how companies “can ensure that they are protected by the provisions when undertaking direct and indirect sharing.”
The European Commission is proposing to delay its upcoming deforestation reporting requirements by one year to allow member states and third-country exporters to be better prepared and “fully establish the necessary due diligence systems” for all products covered by the new rules. The law is scheduled to take effect for most companies Dec. 30 and for small companies June 30, but the commission is proposing to extend those dates to Dec. 30, 2025, and June 30, 2026, respectively.
EU member states on Oct. 3 voted to approve new countervailing duties on Chinese electric vehicles (see 2408200020) despite lobbying from Beijing and opposition from some member states, including Germany (see 2410030028). The new duties, "including the definitive findings" of the EU's CVD probe, must be published in the Official Journal of the EU by Oct. 30, the European Commission said.
An annual report on trade agreements issued by the European Commission this week shows the EU has removed 140 barriers to EU exports in more than 40 countries over the last five years, unlocking more than $6 billion worth of EU exports in 2023 alone, the commission said. But it also said foreign trade barriers “have been on the rise,” adding that import local content requirements, “discriminatory practices” and import substitution “are becoming the industrial policy instrument of choice for some of our partners.”