The government of Canada issued the following trade-related notices as of Jan. 8 (some may also be given separate headlines):
The government of Canada issued the following trade-related notices as of Jan. 6 (some may also be given separate headlines):
Singapore Customs issued guidance to industry about claiming tariff benefits for goods exported to and imported from the United Kingdom under the U.K.-Singapore Free Trade Agreement (see 2012100017). The documents, issued Dec. 31, detail which tariff rates affect which imports, rules of origin criteria for exports, and the procedures for benefiting from the preferential tariffs.
The Bureau of Industry and Security renewed its temporary export control on certain artificial intelligence software as it prepares to propose the control at multilateral control groups. The control, first issued in January 2020 (see 2001030024), placed unilateral restrictions on geospatial imagery software, adding it to the 0Y521 Temporary Export Control Classification Numbers Series. BIS extended the control for one year, effective Jan. 6, a notice said.
The government of Canada issued the following trade-related notices as of Jan. 4 (some may also be given separate headlines):
Singapore announced Dec. 31 revised procedures for canceling certificates of origin and preferential COs issued by the country’s customs authority. “Do note that only unutilised CO/PCOs can be cancelled,” it said. The change, which takes effect Jan. 11, requires cancellation requests to be submitted online. Singapore said the canceled hard copy of the CO does not need to be returned to customs.
The Office of Foreign Assets Control accepted a settlement from a French bank of than $8.5 million for apparent violations U.S. sanctions against Syria, OFAC said in a Jan. 4 notice. Union de Banques Arabes et Françaises (UBAF) operated U.S. dollar accounts for Syrian financial institutions and “indirectly conducted USD business” for those accounts on behalf of the institutions through the U.S. financial system, OFAC said. UBAF agreed to remit $8,572,500 to settle its potential civil liability for 127 “apparent violations.”
The government of Canada issued the following trade-related notices as of Dec. 30 (some may also be given separate headlines):
China announced revised standards of origin for some commodities for trade with Macau, it said Dec. 24, according to an unofficial translation. The changes take effect Jan. 1.
The Office of Foreign Assets Control fined a Saudi bank more than $650,000 for violating U.S. sanctions against Sudan and Syria, a Dec. 28 notice said. OFAC said Saudi Arabia-based National Commercial Bank (NCB) illegally processed 13 transactions worth nearly $6 million.