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The European Union Customs Union (EUCU), formally known as the Community Customs Union, is a customs union which consists of all the member states of the European Union (EU), Monaco, and the British Overseas Territory of Akrotiri and Dhekelia. Some detached territories of EU states do not participate in the customs union, usually as a result of ...
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
The European Union's new trade chief responsible for post-Brexit negotiations has told the BBC a "pan-European [customs] area is something we could consider" as part of "reset" discussions between ...
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity .
The UK could join a Europe-wide trading agreement as part of Sir Keir Starmer’s post-Brexit reset with the EU, one of the bloc’s top trade chiefs has said.. Maros Sefcovic, who led post-Brexit ...
The European Free Trade Association (EFTA) was created in 1960 by the outer seven (as a looser alternative to the then-European Communities) but most of its membership has since joined the Communities/EU leaving only four countries (Iceland, Norway, Switzerland and Liechtenstein) still party to the treaty.
A Regional Convention on pan-Euro-Mediterranean preferential Rules of Origin was signed in June 2011 to allow identical rules of origin across the region.The convention covers the EU, the EFTA, the EU customs unions with third states (Turkey, Andorra, San Marino), the EU candidate states, the partners of the Barcelona Process and possibly at a ...
The first stage of ECIP focuses on the Safety and Security Amendment to the Community Customs Code [2] which entered into force on 1 July 2009. The customs portal constitutes a single point of access to relevant and practical information on transporting goods into and out of the EU and includes animated scenarios to explain each step of the ...