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The Harmonized System Moves Forward. What About Rules of Origin?
Rafael Cornejo(rafaelcor3310@gmail.com) In a recent LinkedIn post, the World Customs Organization (WCO) reported on the results of the 78th Session of the Harmonized System Committee. Two points mentioned in that post particularly caught my attention: the corrections to the correlation tables between the 2022 and 2028 editions of the HS, and the provisional adoption of…
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Towards an Integrated EU-Latin America Economic Area
Rafael Cornejo, Antoni Estevadeordal and Ernesto Talvi Introduction The new geopolitical reality and the protectionist drive of the United States is causing a profound structural transformation in the international trading system: a redefinition of its architecture with new priorities emerging centred on economic security, resilience of supply chains, strategic autonomy and geopolitical realignment. For the…
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Are Rules of Origin a Second-Order Discipline in Trade Agreements?
For many countries, the economy this decade presents similar challenges, as they are facing higher pandemic-related health expenditures and increases in prices for energy and many basic raw materials due to the war between Russia and Ukraine. One consequence of these higher expenditures is that there is a general need to make the collection of…