EU POSITION AT THE OECD PUBLIC GOVERNANCE COMMITTEE AND THE OECD COUNCIL ON THE DRAFT RECOMMENDATION ON COUNTERING ILLICIT TRADE: ENHANCING TRANSPARENCY IN FREE TRADE ZONES

EU Council Decision 2021/799/EU contains the position adopted by the EU on enhancing transparency in free trade zones.  This includes requiring FTZ to implement the Code of Conduct for Clean Free Trade Zones, which calls for such measures as the strict control of consignments arriving from, or for which there is evidence of having transited through, FTZ that do not implement the Code of Conduct for Clean Free Trade Zones.  It also says that countries should use trade agreements, as appropriate, to encourage adherence to the principles for combatting illicit trade in FTZ contained in the Recommendation.  An Annex to the Recommendation contains a definition of what constitutes a “Clean Free Trade Zone”.

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32021D0799&from=EN

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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