(World Trade Interactive)
The European Union is delaying until January 1, 2011, the requirement for the advance submission of certain information on inbound and outbound cargo.
Under the Safety and Security Amendment to the EU Customs Code, which was enacted in April 2005, traders must provide customs authorities with certain information on goods prior to import or export from the EU. In principle, economic operators are required to electronically submit the relevant security data beginning July 1. However, the EU has recently announced that between July 1, 2009, and December 31, 2010, this advance declaration will be an option and not an obligation. During this transitional period goods not declared in advance will be submitted to risk analysis after arrival or before departure.
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