Thorsten Pohl’s Post

⁉️ 𝗪𝗵𝗮𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗖𝗕𝗔𝗠 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗽𝗵𝗮𝘀𝗲 𝗮𝗻𝗱 𝗶𝘀 𝗺𝘆 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗮𝗳𝗳𝗲𝗰𝘁𝗲𝗱 𝗯𝘆 𝗶𝘁? With the introduction of CBAM, companies involved in international trade must adapt to evolving regulations, rethink their purchasing strategies and account for additional carbon costs. In the transitional phase until 2026, special rules apply, and failing to comply could lead to heavy fines or import bans. Our CBAM Guide breaks down these complex regulations and helps you prepare for what’s ahead. 📥 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝘆𝗼𝘂𝗿 𝗳𝗿𝗲𝗲 𝗖𝗕𝗔𝗠 𝗚𝘂𝗶𝗱𝗲 𝗵𝗲𝗿𝗲: https://lnkd.in/dEvtHHzH (🇺🇸 English Version) https://lnkd.in/d5XWsrbi (🇩🇪 German Version) Let’s get CBAM ready together!

⁉️ What is the CBAM transitional phase and is my company affected by it? With the introduction of CBAM, companies involved in international trade must adapt to evolving regulations, rethink their purchasing strategies and account for additional carbon costs. In the transitional phase until 2026, special rules apply, and failing to comply could lead to heavy fines or import bans. Our CBAM Guide breaks down these complex regulations and helps you prepare for what’s ahead. 📥 Download your free CBAM Guide (link in comments)

Join EU Economy and Finance's #webinar on #CBAM for an in-depth look into the transitional registry's technical and practical aspects. This session, presented in Spanish by CBAM experts from the European Commission, will cover reporting requirements across various CBAM sectors. 🗓️ Date: 23 May 2024 🔍 Topics: Overview of CBAM transitional registry, technical details, practical reporting aspects, followed by Q&A 👉 Register here: https://lnkd.in/diQRM_XE

IMPLEMENTATION OF SADC RULES OF ORIGION ON TRADE PROTOCOL Delegate Ms. Maliengoane Mothabeng an associate member of LCCI has been elected to represent US on the Validation Workshop on the SADC Rules of Origin Verification for Guidelines for the implementation of Annex I for the Protocol on Trade in Johannesburg, South Africa from 20-22 February 2024. The implementation of the SADC Rules of Origin in SADC is meant to support the implementation of the Industrialization Strategy and Roadmap, especially in the development of value chains by addressing the impediments to the movement of goods across the region and reducing the cost of doing business. #voiceofbusiness #promotingbusiness

Just the FAQS about CBAM and China!

Successful Roundtable of Regulatory Authorities at the 26th MFC Annual Conference in Cracow Important discussion for the South Caucasus and Central Asia and to be continued. More details in the comment below

📢 Important Update for Retailers! 📢 Federal Board of Revenue has announced significant changes to the Tajir Dost Scheme. As per media reports, the new approach aligns with an FBR commitment to the International Monetary Fund (IMF) to generate Rs 50 billion in revenue through the Tajir Dost Scheme by the end of the fiscal year. #Tajirdostscheme #FBR #TDS #Taxupdate #Pakistaniretailers

What's the deal with CBAM? How will it affect carbon-intensive producers in China? Will maintaining compliance be expensive? Join us to knock out these key questions and more in this special CBAM edition of Just the FAQS, authored by TLG consultant Sam Cooke out of our Hong Kong office.

Some great FAQs on how CBAM will come to affect China as well as foreign/local businesses with a presence in the greater region. 2030 poses an important timeline for all businesses regardless of climate-related obligations and necessary bureaucratic hurdles.

Picking up from the last steps regarding Rules of Origin of the African Continental Free Trade Area (AfCFTA), and understanding certain technicalities about the Rules of Origin for the AfCFTA. It’s important to know how to determine how a particular product/commodity meets the Rules of Origin (RoO) FAQ: What key steps need to be fulfilled to determine if product/commodity meets the Rules of Origin? Simply asking yourself the below questions can assist: 1. What is the export destination? If it is part of the same regional economic community (REC), then those rules of origin apply (as before) or the AfCFTA RoO can apply depending on the preferential tariff conditions. 2. Define the precise Harmonization/Tariff/Commodity Code for the product. 3. Look up the exact product-specific Rules of Origin on Appendix 4 of the AfCFTA Rules of Origin. 4. Whilst looking at the General Rules of Orgin Guidelines (which can be found in Section 2 of Annex 2) of the AfCTA, it’s important to distinguish whether a product was created using local materials? Has the source of the inputs come from another AfCFTA member state?