2/22/2016 3:19:00 PM
HEADLINES
Taiwan Monitoring Exports to Prevent Transshipments
The Taiwan Fastener Trading Association notified members that the Taiwanese Bureau of Foreign Trade is examining certificates of origin for fasteners exported to Europe since July 2014.
Starting last October, Taiwan manufacturers applying for certificates of origin for exports to the EU must comply with certificate of origin regulations and processing approvals, plus comply with relevant notifications for the issuance of certificate of origin, Fastener World reported. That should eliminate suspicion from EU’s member states over the certificate of origin issued by Taiwanese government.
Transshipment is shipping goods made in one country to an intermediate destination and then on to final destination. This can be used to repackage the products to imply a different country of origin and avoid shipping restrictions or tariffs.
Transshipment can be legitimate and a routine part of international trade. Transshipment can change the method of shipment such as from ships to trains, which is called translating. It also can be combining multiple smaller shipments or a container headed for one country can be filled with products from multiple countries.
This may happen in customs areas to avoid customs checks or tariffs.
• The European Anti-Fraud Office claimed in 2010 that millions of Euros worth of China-made goods were being marketed as Malaysian by using the Port Klang Free Zone transshipment hub, where imported goods are transferred to another container and re-exported using the invoice of a Malaysian company.
Stainless steel fasteners could be part of the effort to evade tariffs, with Chinese firms reportedly using Malaysia to avoid European antidumping laws.
• In 2010, a coalition of U.S. manufacturers claimed to have “compelling evidence that certain companies subject to antidumping orders are costing the U.S. Treasury at least $84 million annually due to their deliberate evasion of the antidumping duties,” according to the Coalition for Enforcement of Antidumping and Countervailing Duty Orders.
The group claimed that some Chinese manufacturers are transshipping items by “shipping these products to the U.S. via third countries and then falsely designating it as the country of origin to evade the duties.”
In other cases, “an inconsequential modification is made to the product in third countries to avoid the duties.” And some companies are falsifying labels, according to the coalition. Web: adcvdenforce.com
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