Freeports are in the news again. When discussing them keep in mind that 'freeport' is not really a clearly defined term. What they do and how they work is entirely up to the regulation surrounding the concrete model /1
As a customs simplification tool freeports are no longer the miracle tool they once were or seemed to be. Because there are simpler tools available in modern custom law. But freeports can be made to do other things (remember: not clearly defined) /2
As a concrete example for the UK model tax benefits come to mind. Companies will have to look at that. /3
Here's the link to freeports stuff gov.uk/guidance/freep… /4
And yes... from a regulatory perspective we can discuss what the point of freeports is, as well. If a changed regulation brings benefits - why not apply it to the whole UK? If it does not - why offer it in a freeport? Unless it is about exploring new regulation...

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Holger Hestermeyer

Holger Hestermeyer Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @hhesterm

17 Dec
If the byelection can change the mode of argument in UK politics away from Brexifying everything - it would be a significant victory for everyone. But I fear it will be dismissed as about the PM /1
The current mode of British politics is that if you have a proposal- say about recycling -someone will inevitably wonder what the EU would do and from then on your proposal will not be about recycling. It will be either a great victory for British liberty or submission to slavery
In fact, if you want your proposal to succeed you have to get ahead of the game and make sure your proposal will become the Britain-affirming-freedom-striking-successfully-into-the-world-world-beating-2021 Act.
Read 4 tweets
16 Dec
Everybody, please tone down on the vaccine comparisons. And please, please - none of the superlatives (thread)
It is true that Germany boostered a LOT of people today. It is also true that the UK has boostered more of the population. But it is also true that German vaccinations are not as old as the UK ones. Where does that leave us? /1
In a territory where things are complex. We should try to identify mistakes and correct them. We should work on improving. Hither and thither. The boombastic statements - they simply do not apply. Except... /2
Read 4 tweets
13 Dec
This - along with the news item - is a bit befuddling. (Short thread)
You might remember that the Dunn family brought a judicial review to the High Court. The Court found 'Our conclusion is that Mrs Sacoolas enjoyed immunity from UK criminal jurisdiction at the time of Harry’s death.' (para. 119). /2
The CPS is not charging Sacoolas, who will appear via video link. See this news item that does not seem to answer many of the essential questions /3 theguardian.com/uk-news/2021/d…
Read 4 tweets
9 Dec
The program of the French presidency. In the speech version. Now on to look for a written one...
The press dossier elysee.fr/admin/upload/d…
And a website with the French priorities for the EU. elysee.fr/emmanuel-macro…
Read 4 tweets
29 Nov
When you think of the patent waiver debate - bear in mind this article here. And the fact that Moderna stated it would not enforce its Covid patent. Some thoughts (thread)
We currently have an innovative sector that evolved around IP. But it is different from what people imagine. People think "oh. A new vaccine. It is patented. So one patent, one vaccine." That is incorrect. /2
mRNA vaccines are subject to a complex maze of patents. Take Moderna. PublicCitizen has identified 12 relevant Moderna-owned patents (some not yet granted). citizen.org/article/modern… /3
Read 9 tweets
23 Nov
As @StevePeers @gideonrachman and @BrigidLaffan are discussing the BVerfG, let me indulge in some history... (short thread, yes, I will limit myself to very few key things).
@StevePeers @gideonrachman @BrigidLaffan Arguably the largest challenge the BVerfG posed to the EU system was Solange I in 1974. The Court at that time said it would itself control EU acts - because of a lack of fundamental rights protection.
That issue was resolved in 1986 with Solange II where the Court basically said OK - you now have a fundamental rights catalogue that is fine with us. We'll no longer have to check compliance with the rights of the German Constitution as long as that's the case.
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(