CBP intercepts stolen SUV destined for West Africa.

WIL Cadillac EscaladeL 090119

Image of seized stolen SUV, source: CBP.gov

According to a U.S. Customs and Border Protection (CBP) media release, CBP officers seized a stolen 2018 Cadillac Escalade, valued at more than $57,000 at the Port of Wilmington, Del, September 25th.

This most recent seizure was one of 16 stolen vehicles seized this year at the Port of Wilmington, a combined value of over $454,007 in stolen vehicles.

The vehicle was seized during a routine CBP inspection of outbound shipments destined for West Africa when the VIN number was associated with a 2018 Mercedes Benz.

Further investigation found the true VIN and the SUV was traced to a stolen vehicle in North Carolina along with fraudulent titles and export documents.

In instances such as the above, CBP will not release these vehicles – however, if you export vehicles and have complied with all the requirements, CBP may still seize your vehicle – if so, contact experienced seizure attorney David Hsu by phone/text at 832-896-6288 or by email at attorney.dave@yahoo.com, dh@gjatradelaw.com.

African Continental Free Trade Area (AfCFTA) next big free-trade zone since the WTO?

photo of people walking outdoors

Photo by Blue Ox Studio on Pexels.com

Big news out of Africa from over the weekend from News Wires – African leaders met this past weekend to begin a continental free-trade zone that if passed by all 55-nations, would unite 1.3 billion people and create a $3.4 trillion economic block, the largest free-trade zone since the WTO was established in 1994.

The agreement to create the AfCFTA has been in the works for the past four years and is Africa’s effort to catch up on regional trade versus Asia and Europe. In 2017, African exports were 17% of exports versus 59% in Asia and 69% in Europe. The creation of the AfCFTA is an effort to boost growth in Africa as it has in Europe and North America.

However, Africa is a large continent and each individual country has concerns whether a new trade area will really benefit their country. The article cites Nigerian officials concerned the free trade area will result in a flood of cheaper goods that hinder efforts to increase local manufacturing. On the other hand, South African manufacturers see the free trade area as a benefit as they would be able to expand into the West and North Africa countries.

Will post news regarding the passage of the AfCFTA as it becomes available.a