EU to make e-commerce platforms liable

The European Union is planning to make e-commerce platforms such as Temu, Shein and Amazon Marketplace (AMZN.O), opens new tab liable for dangerous or illegal products sold online, the Financial Times reported on Saturday.

Customs reforms would oblige online platforms to provide data before goods arrive in the EU, allowing officials to better control and inspect packages, according to a draft proposal seen by FT.

Currently anyone who purchases goods online in the EU is treated as the importer for customs purposes, but the new reform will hold the platforms responsible, the newspaper reported.

Online retailers would have to collect the relevant duty and VAT and ensure the goods comply with other EU requirements, the report said.

Customs data from the 27 national authorities will be pooled and a new central EU customs authority (EUCA) set up, according to the FT.

“The EUCA would be able to screen the goods based on this information and to identify potential risks, even prior to the loading of the goods for transport or their physical arrival in the EU,” the FT said, citing the draft.

Amazon, Shein, and the EU did not immediately respond to a Reuters request for comment outside business hours. Temu could not be immediately reached. — Reuters.

Related Posts

Bubi Expo boosts local businesses, promotes home-grown produce

Fortune Makoni [email protected] THE Bubi District Business Expo and Agricultural Show is creating new opportunities for local businesses to find markets, promote home-grown products and strengthen livelihoods, as the district…

Hub Unconference returns to interrogate digital power in Africa

Mthabisi Tshuma [email protected] ZIMBABWE’S annual gathering on digital media, civic technology and the creative economy, the Hub Unconference, returns for its 12th edition in Harare on September 24 and 25,…

Leave a Reply

Your email address will not be published. Required fields are marked *