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Europe

A renegotiated Brexit would go ahead under Labour government
“Britain’s opposition leader Jeremy Corbyn would push ahead with Brexit and seek to renegotiate the terms if he won a snap election next year, he said on Saturday, in a blow to party supporters who want a second referendum.”
[Reuters]

Middle East

Abu Dhabi to grant tax waiver on industrial imports
“The Industrial Development Bureau of the Abu Dhabi Department of Economic Development (Added) and the General Administration of Customs in Abu Dhabi have stated that starting from January 15, Abu Dhabi will grant a tax waiver on imported industrial inputs. These include raw materials, machinery, equipment and spare parts.”
[Gulf Business]

UAE set to implement tobacco marking scheme
“Entering into effect on January 1, 2019, the scheme involves the electronic monitoring of all types of imported, produced and locally-traded cigarettes, from production to consumer, to ensure full compliance with payment of excise tax, reported Emirates news agency Wam.”
[Trade Arabia]

Saudi Ports Authority takes steps to boost export volume
“The Saudi Ports Authority (MAWANI) has decided to reduce its terminal handling charges of import empty containers at Jubail port. It is part of MAWANI’s efforts to transform the Kingdom into a unique logistics platform in accordance with the Vision 2030. The authority has also decided to increase port demurrage or storage free days from five to 15 days to enable exporters to receive empty containers directly from Jubail port.”
[Arab News]

Dubai Customs discusses growth with businesses 
“More focus on e-commerce and AI applications, coupled with more mutual agreements with countries under the Authorized Economic Operator’s umbrella were the main highlights of Dubai Customs 2019 plan.”
[Zawya]

Kuwait bans import of highly toxic herbal medicines
[Arab Times]