January 2023

The UK-EU Trade and Cooperation Agreement temporarily exempts Electric Vehicles from Rules of Origin requiring substantial levels of domestic content to qualify for zero tariffs. The exemption is scheduled to terminate at the end of 2023 when RoO hurdles will steepen. Under current TCA rules at...

In December European Parliament, Council and Commission agreed plans for the introduction of an EU Carbon Border Adjustment Mechanism. Part of the EU's 'Fit for 55' environmental strategy, from 2026 'CBAM' will require EU importers to purchase CBAM certificates to pay the difference between the carbon...