BIFA News
Understanding requirements
for Proof of Origin On 15 May, over 450
individuals joined the BIFA webinar Rules & proof of origin for preferential trade schemes including DCTS , delivered by representatives from HMRC. During the presentation, HMRC explained that proof of origin must be in existence at the time that the claim is made – in other words at the time of the Customs declaration. If it is not available, the declaration should be submitted without a claim for preference and duty paid, it is then possible to make a retrospective claim once the relevant proof of origin has been obtained. Direct transport, non- alteration and non-manipulation rules were explained in detail as was the structure of the three preference tiers existing under the Developing Countries Trading Scheme (DCTS). For further information on this subject, contact Igor Popovics, Policy & Compliance advisor – Customs, at BIFA by email at i.popovics@bifa.org
BIFA delegation discusses world issues with FIATA Left to right: David Stroud, Robert Keen, Steve Parker, Mark Bromley, John Stubbings and Jamie McKean
BIFA sent a delegation to represent UK interests at the recent FIATA HQ Meeting. The meeting comprised four intensive days of interactive discussion and workshops, attended by over 250 participants from some 60 territories worldwide, embodying the theme ‘Uniting for Resilience’. The annual landmark event takes place at FIATA headquarters in Geneva each spring and brings together industry leaders, subject matter
experts and practitioners from the freight forwarding and logistics community around the world to address pressing industry challenges and opportunities, with a focus on building resilience to volatile externalities. Taking place in the wake of significant supply chain uncertainty and shocks, FIATA president Turgut Erkeskin, stressed: “This unpredictable environment led to the restructuring of global supply chains with a more
protectionist approach, giving rise to nearshoring and allied shoring policies and changing the course of globalisation”. The FIATA president highlighted that the “global environment is expected to remain volatile and unstable”, a new normal in which freight forwarders and other supply chain actors will operate. For more information on the FIATA 2024 HQ meeting and
the topics discussed, visit https://fiata.org/fiata-hq- meeting/ The Limits of Liability for Carriers
In association with
By air – Warsaw Convention (17 SDR): £17.71 per kg
By sea – Hague Visby rules (2 SDR): £2.08 per kg £694.65 per package
BIFA STC: (2 SDR): £2.08 per kg
By road – CMR (8.33 SDR): £8.68 per kg
Insurance for the Marine & Logistics industries
(The SDR rate on 21 May 2024,
By air – Montreal Convention (22 SDR): £22.92 per kg
according to the IMF website, was 1.04197)
+44 (0) 1628 532613
macbeths.co.uk
June 2024 | 7
www.bifa.org
Made with FlippingBook Annual report maker