The U.K.'s Export Control Joint Unit released its latest set of export licensing statistics, covering April 1 to June 30. The data includes licensing decisions, processing times, license registrations and suspensions, and more. During that time period, the agency said, it made 2,716 licensing decisions for standard individual export licenses, down 5% from the previous quarter. Of those standard licenses, 96% were granted, 4% were refused, and none were revoked. The U.K. also said 53% of those applications were closed in the U.K.'s licensing system within 20 working days, up from 48% in the previous quarter.
The EU is hoping to complete its new economic security doctrine next month to outline how the bloc should be using its export control powers and other similar trade tools, said Maros Sefcovic, the EU commissioner for trade and economic security.
The European Commission on Nov. 14 officially published its updated dual-use export control regulation in the EU Journal. The updated controls, announced in September, aim to align the bloc with export control decisions made both within multilateral export control regimes and by nations outside those regimes (see 2509090009). The new updates include controls related to quantum technology, certain semiconductor manufacturing and testing equipment and materials, and more.
The Council of the European Union agreed Nov. 13 to eliminate its de minimis provision, through which goods worth under $174 could enter the EU without customs duties being paid. The council said the new rule will start applying once the EU customs data hub is running, which is expected to be in 2028, since the hub is "currently under negotiation between the Council and the European Parliament as part of a broader fundamental reform of the EU customs framework." The customs data hub will allow for calculation and notification of customs debt on a "per-item basis." To facilitate a speedier implementation of the end of the de minimis provision, however, the council said it committed to work toward a "simple, temporary solution" to impose duties on goods under the de minimis threshold by 2026. No further specifics were provided.
The Council of the European Union this week took two actions on trade in the agricultural and food sector.
The U.K.'s Office of Financial Sanctions Implementation renewed a Russia-related license this week that authorizes certain payments involving sanctioned credit or financial institutions. The license, which was set to expire Nov. 6, was extended for two years through Nov. 7, 2027. OFSI also revised the definition of "designated credit or financial institution" and the license's reporting requirements.
The U.K. last week extended a general license that authorizes certain transactions related to humanitarian activities involving Israel, Palestine and Lebanon. The license was recently renewed through Nov. 14 (see 2410100030), and the Office of Financial Sanctions Implementation again renewed it, this time through Nov. 14, 2027. OFSI also amended certain reporting deadlines, revised the definition for “Relevant Person," changed the definition of “UK Funded Person” to include any person who has received U.K. government funding in the last five years, and more.
The EU this week published its fifth annual report on the implementation and enforcement of EU trade policy, outlining steps that the bloc has taken to remove trade barriers, the status of various trade agreements, trade trends from the past year, and more.
The EU believes China has suspended its recently announced rare earth export controls for all countries, not just the U.S., but the bloc is still gathering information, European Commission spokesperson Olof Gill told reporters in Brussels Nov. 3.
The U.K. this week launched a new landing page that collects sanctions enforcement information from across the country's various government agencies, including penalty notices, annual reviews, case studies and lessons for industry. The U.K. created the site after hearing from companies that "easily accessible and consolidated enforcement information helps industry learn from remedial action," the government said in a Nov. 3 email to industry.