Tag: Supplier declaration
New free trade agreements with the EU: What is the status of the Mercosur agreement?
The Mercosur-EU trade agreement gives the EU access to one of the largest domestic markets in Latin America. With Argentina, Brazil, Paraguay and Uruguay as partners, the agreement strengthens the export of EU goods - with a trade volume of 56 billion euros (2023), this is a significant step for the European economy.
New Economic Partnership Agreement between the EU and Kenya: A milestone for trade and development
The European Union and Kenya have agreed on the content of a new Economic Partnership Agreement (EPA), which is seen as a significant step forward in trade relations between the two partners. This agreement emphasises the EU's role as the most important export market for the East African country and is intended to intensify economic exchange and promote development.
M.SecureTrade News Report - Foreign trade updates March 2024
M.Line News Report - Foreign trade updates March 2024 The latest updates to Mercoline's SAP add-ons for transport logistics and foreign trade ensure that our customers are regularly provided with important updates and additions to keep them up to date and take account of relevant process updates. In this article, we show what we have already delivered for our customers in recent months and which topics we will continue with. Foreign trade updates Since the beginning of December, customers of M.SecureTrade ATLAS have been able to rely on the current release 2311 to take into account the changes resulting from the IHB update of customs to AES 3.0.7 in their export processes. Improvements in reporting and improved monitoring in the event of failed code list updates have also been provided as part of this process. Under S/4HANA, it is now also possible to take into account default values for the commodity code that differ from the material master in the ATLAS document system.
A new EU-New Zealand free trade agreement will soon come into force
The free trade agreement between the European Union and New Zealand, the content of which was agreed on 30 June 2023, is entering the final legal stages. Ratification by the EU was recently completed and final approval by New Zealand is expected by the second quarter of 2024 at the latest.
Renegotiation of the rules of origin of the regional convention
As early as 1 September 2021, the Regional Convention was reformed with the aim of modernising and amending the rules of origin. As a result of the reform, the so-called "transitional rules" were created.
Recalculate and revoke customer supplier declarations
At the turn of the year, long-term supplier declarations (LTSD) have to be renewed again. If individual materials on existing LLEs are no longer eligible for preference, M.SecureTrade Preference Management now offers the option of revocation. Read more about it here.
Seamlessly integrated: M.SecureTrade Preference Management for SAP at Getzner
When it comes to digitalization, Getzner is very progressive and future-oriented and therefore relies on the solutions of the M.SecureTrade Suite from Mercoline for preference management in SAP. In the joint project, the supplier-side supplier declaration was implemented.
Integrate business processes with customers and suppliers via M.Line web portals in SAP
Export-oriented companies have to exchange a great deal of data and documents with their customers or suppliers as part of their foreign trade activities. Paper-based, this is not only expensive, but also very error-prone. Read here how it can be done better!
Automate management of supplier declarations in SAP
Preferential agreements of the EU allow companies to export to a large number of countries with optimized customs duties. Competitive advantages vs. expense: how do you manage the balancing act?