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03.01.2019
Professional associations in the logistics industry have criticized the procedure for reclaiming import VAT in Germany for a long time. At present, sales tax is levied on the import of goods into the EU by customs, a federal government agency. However, the refund is a federal state task, which implies that the processing of refunds creates a high administrative burden for all involved. In addition, importers have high costs for interim finance and, in certain instants, the placement of guarantees. Within the EU only Germany, Cyprus, Ireland and Great Britain do not allow the offset of import sales tax against VAT, i.e. these countries are at a disadvantage within the EU. Remedial action in Germany is in sight:
21.12.2018
Dual-use items are goods, software and technology that can be used for both civilian and military purposes. When exported as part of trading of services to a third country, they are being closely controlled in terms of  the EU’s export control system.
20.12.2018
In 2016 member states of the IMO (International Maritime Oganization of the UNO) have decided to set a limit for sulphur in fuel oil used by ships. It is expected that this will have major health and environmental benefits for the world. As of 1st January 2020 only fuel oil with a maximum of 0.5 % sulphur content is allowed to be used as opposed to the current 3.5 %. The shipping industry anticipates that this will lead to additianal cost of 24 -60 Billion US Dollars in the maritime trade; about a quarter of which will affect the container liner shipping.
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