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Column: Customs and Trade in Italy and Europe: A Last-minute EU-UK Agreement

Column: Customs and Trade in Italy and Europe: A Last-minute EU-UK Agreement The European Union and the United Kingdom have reached a last-minute broad agreement on their future relations. In the field of trade and customs operations, rules have been defined to facilitate trade in goods, with the provision of total exemption from import duties for goods originating in one of the two Parties on the basis of rules which, for their characteristics, appear to favour products entirely manufactured in the territory of the Union or of the United Kingdom, albeit with some tolerances.Both for the purposes of proving the requirement of preferential origin and in carrying out customs operations, the Agreement follows a very clear line, simplifying obligations for the economic operators, with the aim of keeping the volume of commercial traffic unchanged, as developed over forty-seven years of union under the European flag. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Global Trade and Customs Journal Kluwer Law International

Column: Customs and Trade in Italy and Europe: A Last-minute EU-UK Agreement

Global Trade and Customs Journal , Volume 16 (4): 6 – Apr 1, 2021

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Publisher
Kluwer Law International
Copyright
Copyright © 2021 Kluwer Law International BV, The Netherlands
ISSN
1569-755X
Publisher site
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Abstract

The European Union and the United Kingdom have reached a last-minute broad agreement on their future relations. In the field of trade and customs operations, rules have been defined to facilitate trade in goods, with the provision of total exemption from import duties for goods originating in one of the two Parties on the basis of rules which, for their characteristics, appear to favour products entirely manufactured in the territory of the Union or of the United Kingdom, albeit with some tolerances.Both for the purposes of proving the requirement of preferential origin and in carrying out customs operations, the Agreement follows a very clear line, simplifying obligations for the economic operators, with the aim of keeping the volume of commercial traffic unchanged, as developed over forty-seven years of union under the European flag.

Journal

Global Trade and Customs JournalKluwer Law International

Published: Apr 1, 2021

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