Provisions on the Utilization of National Maritime Transportation and National Insurance for Imports and Exports of Certain Goods Amended

The Minister of Trade (“ Minister ”) recently issued Regulation No. 48 of 2018 (“ Amendment” ), which amends Regulation of the Minister No. 82 of 2017 on Provisions for the Utilization of National Maritime Transportation and Insurance for the Imports and Exports of Certain Goods (“ Regulation 82/2017 ”). [1] With the primary aim of providing greater legal certainty and additional time for national maritime transport and insurance businesses to adjust to the provisions set out under Regulation 82/2017, the Amendment redefines several provisions which pertain to the following matters: