Final rule for electronic reporting of trade data

03 Aug 2016
Final rule for electronic reporting of trade data

Final rule for electronic reporting of trade data

NOAA Fisheries has published a final rule which establishes regulations to integrate the collection of trade documentation within the International Trade Data System (ITDS).

It also regulates the requirements of electronic information through a single automated portal. It will be effective from 20 September 2016.

The use of a single electronic system, ITDS, to streamline transitions for the import and export of products regulated by any US Federal Agency was mandated by President Obama in 2014 by Executive Order.

As part of its sustainability mission, NOAA Fisheries implements international trade monitoring programs initiated by international fishery management organisations or required by domestic law.

With seafood imports currently representing 90% of US seafood supplies, these trade monitoring programmes are an important tool for NOAA to help stop illegal, unreported, and unregulated (IUU) fishery products from entering the United States.

By consolidating existing international trade permits and expanding the scope to include regulated seafood products, a single consolidated permit will provide a more streamlined and cost-effective approach for collecting import and export documentation.

This is a step forward in the longer-term implementation of a risk-based approach to seafood traceability.

NOAA Fisheries' Office of International Affairs and Seafood Inspection will hold two public webinar meetings on 18 August and 1 September, at 2:30pm until 4:00pm (eastern time), to further engage with interested stakeholders about the regulation and its implications.

Links to related companies and recent articles ...

NOAA

view more

NOAA

view more