EU Government Notices for Feb 24-28
The European Union issued the following trade-related releases on February 24-28, 2012 (notices of most significance will be given separate headlines):
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- 2nd Trade and Investment Barriers Report published. The report describes the progress achieved in dismantling barriers to the markets of six strategic economic partners - China, India, Japan, Mercosur, Russia and the U.S. Two trade barriers were fully removed in India: export restrictions on cotton and security requirements for telecommunication equipments. New priorities of barriers to trade and investment were also identified. (here)
- EU restrictions against Belarus. In light of the political and social situation in Belarus, exports of arms and material for internal repression are prohibited. Assets of major trading companies are frozen as well. (here)
- EU restrictions against Syria tightened. Trade in gold, precious metals and diamonds with Syrian public bodies and the central bank will no more be permitted. Cargo flights operated by Syrian carriers will not have access to EU airports. (here)
- One million smuggled cigarettes seized. Twenty-four EU countries participated in 'Operation Barrel' organized by the Polish Customs Service in close cooperation with the European Anti-Fraud Office (OLAF). The operation took place from October 18-27, 2011. The cigarettes seized during the operation were found on freight trains carrying wood and iron. They represent losses of at least one quarter of a million Euros in terms of evaded customs duties and taxes. (here)