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Whether you are importing or exporting goods, and whether you are a buyer or a seller, the chances are high that you will encounter Incoterms.

The EU Customs is taking steps to improve the entry security and safety border controls. According to the European Commission, it entails an overhaul and reform from multiple perspectives, like IT, legal, customs risk management/controls and trade operational perspectives.

When goods are bought or sold “Free on Board” (FOB) it means that the seller delivers the goods to a ship at a port previously agreed to by the seller and the buyer. The seller loads the goods onto the ship. The buyer then takes care of the import formalities and transportation to the final destination. Free on Board is one of the oldest Incoterms. It dates back to when goods were carried by sailing ships and it was one of the terms when the Incoterms were first released in 1936. It is also one of the most used commercial terms.

Norway is not a member state of the European Union, but it is a member of the European Economic Area. This means that Norway sets its own tariffs on goods from outside the single market and at the same time, Norwegian goods are imported into the European Union tariff-free.

Two weeks ago the Turkish government announced that import taxes were increased on products ranging from chemicals to machinery. It was a response to the recession caused by the COVID-19 pandemic. The government is trying to protect the country’s industrial producers.

As of May 16th you no longer need a surveillance document when you enter certain iron- and metal products into free circulation. The same goes for certain aluminium products.