The European Union agreed to open its markets wider to Vietnam, reports Reuters. At the same time, Cambodia sees its trade doors more closed. This is a reward for the Vietnamese progress on labour guarantees. The Cambodian government is punished for abusing human rights. The moves mark the European Union's increased insistence that trading partnerships go beyond market
The UK is likely to leave the EU VAT regime on 31 December 2020
Avalara predicts that, following the United Kingdom Conservative national election win mid-December 2019, the United Kingdom will push ahead with the Withdrawal Agreement ('WA'). It is likely to plan to exit the European Union on the 31 January 2020. At the end of 2020, that is followed by an exit from the European VAT regime, Customs Union and Single Market. Exit from EU VAT
European Commission review and evaluation of GDPR
The Finnish Presidency of the EU Council announced the Council of the European Union will prepare an evaluation of the implementation of the EU General Data Protection Regulation (GDPR) by the end of 2019. The final version of the document will inform the European Commission’s review of EU privacy reform, which is expected by 25 May 2020. “The Presidency welcomes all
Italy targets Amazon Italia over abuse of market position
The competition authority in Italy announced that they will start an investigation. It is regarding Amazon Italia’s dominance abuse in the e-commerce logistics industry. The company is now facing a globally increasing regulatory examination. According to the watchdog, they will investigate five of Amazon group’s companies. They are Amazon EU, Amazon Italia Services, Amazon
The WTO is working on the modernisation of cross-border e-commerce regulations
According toAxios, the e-commerce market became a 3.5 trillion dollar global market, of which approximately 700 billion dollars is spent on cross-border purchases. However, almost no international or global rules are currently in place. 75 countries have agreed to talk about cross-border e-commerce with the WTO (World Trade Organisation), this month. Global e-commerce is