Displaying items by tag: Albania
Albanian government to implement coal tax
10 November 2023Albania: The government will raise the tax on coal by a factor of five, to Euro0.15/kg. EmergingMarketWatch News has reported that the measure will bring Albania’s industrial products into line with the International Monetary Fund (IMF)’s recommended minimum emissions tax of Euro55.8/t CO2. Without this, exporters to the EU would have to settle the difference.
Italian authorities seize cement en-route from Albania
28 January 2022Italy/Albania: Officials from the Customs and Monopoly Agency (ADM) and the soldiers of the Guardia di Finanza, have identified cement lacking CE and proper importation markings, among other questionable building materials, in three articulated trucks that disembarked from Albania at the port of Ancona. A total of more than 36t of materials has been held.
The authorities stated that the use of trademarks of Italian companies on imported products or goods without clearly indicating the country or place of manufacture and, more generally, incorrect information on the origin of the goods, damages both the market and consumers’ interests.