To address frequent questions surrounding Brexit, the International Council of Marine Industry Associations (ICOMIA) has published Edition 1 of ICOMIA Guidance on Brexit following the recent rejection of the withdrawal agreement by the UK Parliament. The Guidance Note highlights various exit scenarios which may affect manufacturers either located: In the UK exporting product to Europe European manufacturers exporting product to the UK ...
Read More »Tag Archives: international trade
The state of Cuba and boating
As previously reported on Boating Industry, the establishment of diplomatic relations with Cuba and the possibility of lifting the trade embargo could have a major impact on the boating industry. However, as we noted in our features, lifting the embargo is a complicated process – even if everyone were on board with the idea – and it’s going to take ...
Read More »Diplomatic relations with Cuba move forward
In the wee hours of Monday morning, the United States and Cuba restored full diplomatic relations for the first time in 54 years. Both countries will officially inaugurate full embassy status in separate events. However, the trade embargo and travel restrictions still remain between the two countries and must clear Congress before they can be lifted, which means that these ...
Read More »Florida Yacht Brokers Association aims to boost marine economy through legislative change
The Florida Yacht Brokers Association and attorneys and lobbyists with Becker & Poliakoff are engaging in an industry effort to amend current legislation hindering the sale of foreign-flagged yachts in the U.S. Under Title 19 CFR § 4.94, foreign-flagged boats can obtain a cruising license in the U.S., with the caveat that the vessel is not engaged in trade, which ...
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