Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.

Responsive image


European Union Customs Union

European Union Customs Union
  Non-EU states which participate in the customs union, or are in bilateral customs unions with the EU
TypeCustoms union
Membership
5 states/territories with bilateral agreements
Establishment1968[1]
Area
• Total
4,950,000 km2 (1,910,000 sq mi)
Population
• 2021 estimate
Decrease 518,000,000
GDP (PPP)2021 estimate
• Total
Decrease $16.1 trillion
GDP (nominal)2021 estimate
• Total
Decrease $16.6 trillion

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 their geographic separation.[a] In addition to the EUCU, the EU is in customs unions with Andorra, San Marino and Turkey (with the exceptions of certain goods),[b] through separate bilateral agreements.[2]

There are no tariffs or non-tariff barriers to trade between the members of the customs union and – unlike a free trade area – members of the customs union impose a common external tariff on all goods entering the union.[3]

The European Commission negotiates for and on behalf of the Union as a whole in international trade deals, rather than each member state negotiating individually. It also represents the Union in the World Trade Organization and any trade disputes mediated through it.

  1. ^ Dinan, Desmond (2014). Europe Recast: A History of European Union (2nd ed.). Basingstoke, New York: Palgrave Macmillan. p. 88. ISBN 978-0-333-69352-0.
  2. ^ Customs unions, Taxation and Customs Union Archived 17 August 2016 at the Wayback Machine, European Commission. Retrieved 20 August 2016.
  3. ^ Erskine, Daniel H (2006). "The United States-EC Dispute Over Customs Matters: Trade Facilitation, Customs Unions, and the Meaning of WTO Obligations". Florida Journal of International Law. 18: 432–485. SSRN 987367.


Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page).


Previous Page Next Page