• Service: Tax, International Tax
  • Type: Regulatory update
  • Date: 6/28/2013

EU - Secure trade pilot for Spainish ports, Hong Kong 

June 28: The European Union’s Taxation and Customs Union on 27 June announced that the ports of Barcelona, Valencia, and Hong Kong will be included as participants of the "smart and secure trade lanes" (SSTL) pilot project between the EU and China.

According to the release [PDF 33 KB], the SSTL pilot project has been developed:

  • To test the customs-to-customs pillar of the World Customs Organization’s SAFE framework of standards
  • To strengthen end-to-end supply chain security based on multi-layered risk management
  • For the future development of Globally Networked Customs by establishing global standards for customs information exchange.

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