A few days ago, news broke of the signing of a major new free trade agreement between the European Union and India, aimed at strengthening economic and political ties between…
ECOVADIS BRONZE MEDAL: a significant step forward in sustainability
GM International is proud to announce that it has received the ECOVADIS BRONZE MEDAL, which recognizes its corporate sustainability management system. The medals are awarded to companies that rank in…
The European Commission proposes Mercosur and Mexico agreements for adoption
On December 6, 2024, the European Union and four Mercosur member countries (Argentina, Brazil, Paraguay, and Uruguay) reached a political agreement on trade after years of negotiations. This agreement laid…
USA Tariffs: an update
On Monday 14 April, the European Commission published the IMPLEMENTING REGULATION (EU) 2025/786, on commercial rebalancing measures concerning certain products originating in the United States of America and amending Implementing…
CBAM Authorized Declarant Status
The European Commission has announced that the Implementing Regulation on the Authorisation of CBAM declarants has been adopted on 17 March 2025 and is published on the Commission website. This…
CBAM – Phase 2
The second quarter of 2024 marked the end of “Phase 1” of the transitional period provided for by EU Regulation 2023/956, which introduced the Carbon Border Adjustment Mechanism (CBAM) starting…
Customs code reform
The final review of the legislative decree relating to the national provisions that integrate the Union Customs Code was initiated in the Council of Ministers no. 90 of 26 July.…
ICS2 Release 3 goes live on 3 June 2024.
ICS2 enters the third phase. ICS2 is the acronym for Import Control System 2, the new version of the control system for goods entering the European Union, which aims at…
CBAM – delayed submission of the quarterly report
CBAM is the acronym for Carbon Border Adjustment Mechanism, or the mechanism for adjusting imported emissions. The obligations for importers, starting from 1 October 2023, include: The deadline for submitting…
Middle-east crisis: the impact on insurance costs
Due to the crisis in the Middle East, we have to inform you about the impact that this situation is having on insurance costs. In particular, standard insurance coverage excludes…