{"id":595,"date":"2024-01-23T10:05:52","date_gmt":"2024-01-23T08:05:52","guid":{"rendered":"https:\/\/ektelonistes-athens.gr\/?page_id=595"},"modified":"2024-01-23T10:05:52","modified_gmt":"2024-01-23T08:05:52","slug":"eu-customs-reforms","status":"publish","type":"page","link":"https:\/\/ektelonistes-athens.gr\/en\/eu-customs-reforms\/","title":{"rendered":"EU CUSTOMS REFORMS"},"content":{"rendered":"<h2 style=\"font-size: 22px; margin-bottom: 30px;\">The EU Customs Union Reform<\/h2>\n<p>The European Union (EU) proposes a comprehensive reform of its Customs Union. The reform aims to put in place a <strong>simpler<\/strong>, <strong>smarter<\/strong> and <strong>safer<\/strong> Customs Union.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Objectives<\/strong><\/span><\/p>\n<ul>\n<li><strong>Simplify customs processes for the trustworthy traders<\/strong>, saving billions in compliance costs.<\/li>\n<li>Introduce <strong>EU-level risk management<\/strong> to better enforce EU standards that keep us safe and secure (i.e., fight against climate change)<\/li>\n<li>Improve customs authorities\u2019 ability to <strong>collect the customs revenues<\/strong> that help finance our budgets and public services<\/li>\n<li><strong>Cut down on huge levels of fraud<\/strong> in the e-commerce sector (also protecting E.U. businesses)<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><strong>Main reforms and New Terms in customs procedures<\/strong><\/span><\/p>\n<p><strong>Trust and Check Traders System<\/strong> A pivotal innovation of this reform is the &#8220;trust and check&#8221; system, set to replace the current EU Authorised Economic Operator (AEO) scheme. Traders who meet strict standards and give to the EU customs a full overview of their supply chains can benefit from <strong>smoother, quicker and more efficient operations, via the new &#8216;Green Lanes&#8217;<\/strong>.<\/p>\n<p><strong>Green Lanes<\/strong> Designed as \u201cexpress routes\u201d for compliant traders, the &#8220;green lanes&#8221; enable faster, simplified import processes. By adhering to the \u201cTrust and Check\u201d standards, traders facilitate a more secure and efficient EU trade. Also, under certain conditions, they will be able to import goods <strong>without the need for any customs intervention<\/strong> (i.e., no customs declarations)<\/p>\n<p><strong>EU Customs Data<\/strong> Hub The reform introduces the EU Customs Data Hub, which will be the engine of the reformed customs union. This platform will centralize customs processes, enabling traders to:<\/p>\n<p>i. Submit info directly via the EU hub, instead of multiple national systems<\/p>\n<p>ii. file once for multiple consignments.<\/p>\n<p>This innovation improves risk analysis and eliminates the need for separate national IT infrastructure.<\/p>\n<p><strong>The EU Customs Authority<\/strong> The decentralized EU Customs Authority will administer EU-level risk assessment utilizing the continually updated data in the EU Customs Data Hub. It will also coordinate crisis management, offering a unified front against threats.<\/p>\n<p><strong>Single customs administration<\/strong> Instead of having to deal with up to 27 national customs administrations, from 2032 Trust &amp; Check traders will have one single customs office as a partner while operating in the EU. A review on 2035 will assess whether this can be extended to all traders.<\/p>\n<p><strong>E-commerce Reforms<\/strong> Platforms selling into the EU will send customs information on all their sales through the EU Customs Data Hub. This way, platforms themselves will be considered as the importer. The need for a declaration for each parcel will be eliminated. The under \u20ac150 duty exemption ends, discouraging fraud. A new classification system will simplify customs duty calculations and generate an additional customs revenue of \u20ac1 billion per year.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Timeline<\/strong><\/span><\/p>\n<p>2028: E-commerce companies get access to the EU Customs Data Hub<\/p>\n<p>2032: All businesses begin using the Hub on a voluntary basis. A specific group of \u201cTrust and Check\u201d traders will be created.<\/p>\n<p>2035: Customs reforms review will take place<\/p>\n<p>2038: Use of the Hub becomes obligatory for all businesses importing to the EU<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Main Benefits<\/strong><\/span><\/p>\n<p><strong>Benefits for Businesses<\/strong><\/p>\n<ul>\n<li>The more transparent and compliant traders are, the fewer declarations and checks are needed. Trust and Check traders will be able to import goods with no active customs intervention.<\/li>\n<li>Trust and Check traders can work with only one customs administration and one Data Hub<\/li>\n<li>Traders will save time and money &#8211; up to \u20ac2.7 billion a year overall<\/li>\n<\/ul>\n<p><strong>Benefits for Customs<\/strong><\/p>\n<ul>\n<li>Customs will be able to focus their efforts on effective checks, identify high-risk entries and review risks before the shipments even leave for the EU<\/li>\n<li>National authorities will gain access to real-time, comprehensive data, having a full overview of supply chains thanks to EU-level risk management<\/li>\n<li>Due to centralization, authorities will collectively save up to \u20ac2 billion a year in IT operating costs and will be better able to collect revenues<\/li>\n<\/ul>\n<p><strong>Benefits for Citizens<\/strong><\/p>\n<ul>\n<li>Citizens can be reassured that customs can more easily stop unsafe, illegal, and dangerous goods from entering the EU<\/li>\n<li>Citizens can have more certainty and peace of mind when buying online from outside the EU, with no hidden charges when parcels arrive<\/li>\n<li>Citizens will benefit from more money for public services, such as schools and hospitals, thanks to more efficient revenue collection<\/li>\n<\/ul>\n<p><strong>Challenges for EU Businesses<\/strong><\/p>\n<ul>\n<li>Adaptation Costs: Implementing new procedures entails costs for businesses, including investments in technologies, software, and training.<\/li>\n<li>Compliance Challenges: Compliance with the &#8216;Trust and Check&#8217; and &#8216;Green Lanes&#8217; may prove difficult, especially for small and medium enterprises (SMEs), requiring additional resources. Collaborating <strong>with a specialized customs broker<\/strong> can ease those burdens.<\/li>\n<li>Navigating Procedures: The shift to a data-led system and understanding the customs landscape may pose challenges. The expert advice from knowledgeable and <strong>proactive customs brokers<\/strong> becomes crucial.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>To find out more about the EU customs reforms, <strong>download<\/strong> our presentation <a style=\"font-weight: bold; text-decoration: underline;\" href=\"http:\/\/ektelonistes-athens.gr\/wp-content\/uploads\/2024\/01\/Reforms.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EU Customs Union Reform The European Union (EU) proposes a comprehensive reform of its Customs Union. The reform aims to put in place a simpler, smarter and safer Customs Union. Objectives Simplify customs processes for the trustworthy traders, saving billions in compliance costs. Introduce EU-level risk management to better enforce EU standards that keep [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EU CUSTOMS REFORMS - KALAFATIS &amp; CO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ektelonistes-athens.gr\/en\/eu-customs-reforms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU CUSTOMS REFORMS - KALAFATIS &amp; CO\" \/>\n<meta property=\"og:description\" content=\"The EU Customs Union Reform The European Union (EU) proposes a comprehensive reform of its Customs Union. 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