9 Amendments of Syed KAMALL related to 2018/2085(INI)
Amendment 1 #
Motion for a resolution
Citation 4 a (new)
Citation 4 a (new)
– having regard to the WTO Trade Facilitation Agreement,
Amendment 2 #
Motion for a resolution
Citation 4 b (new)
Citation 4 b (new)
– having regard to the World Customs Organisation Revised Kyoto Convention,
Amendment 14 #
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas there are at least 202 government blockchain initiatives in 45 countries around the world and economies in Asia-Pacific, Americas and Middle East regions in particular are investing in blockchain technologies for trade;
Amendment 20 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
Fa. whereas blockchain can provide a framework of transparency in a supply chain, reduce corruption, detect tax evasion, allow the tracking of unlawful payments and tackle trade-based money laundering (TBML); whereas there are risks associated with the use of unpermissioned blockchain applications for criminal activities, including tax evasion, tax avoidance and TBML and insists that these issues are monitored and addressed urgently by the Commission and Member States;
Amendment 27 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Expresses regret that EU FTAs are underutilised; notes that exporters could upload all their documents to a public authority application underpinned by blockchain, and instantly provdemonstrate their compliance with preferential treatment granted by the FTAan FTA; believes that blockchain could enhance provisions for cumulation in FTAs, such as the EU- Japan Economic Partnership Agreement;
Amendment 44 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Believes that digitisation will enable the exchange of information to be more efficient and transparent and that blockchain could improve the exchange of information by enabling customs authorities to automatically obtain the required information for a customs declaration, reduce the need for manual verification, provide a precise update on the status and characteristics of goods entering, leaving and transiting in the EU; views digitisation as a prerequisite for blockchain to be fully functional;
Amendment 47 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Believes that the adoption of blockchain technologies throughout the supply chain can increase the volume of global trade by reducing transaction costs and assisting businesses to identify new trading partners, and can lead to increased consumer confidence in digital trade;
Amendment 60 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Notes that criminals can manipulate legitimate trade to mask their illicit activities, such as TBML, by tampering with the necessary documentation with false reporting such as overvaluation or undervaluation of the good concerned; believes that blockchain can enable customs and other authorities to take necessary actions in a timely, prompt and coordinated manner to expose illicit financial flows;
Amendment 90 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Calls on the Commission to follow developments in the area of blockchain, in particular the ongoing pilots/initiatives in the international supply chain as well as customs and regulatory processes; invites the Commission to produce a strategy document on adopting blockchain technologies in trade and supply chain management;