Common Customs Tariff
- (Photo: Lis Lak)
Common Customs Tariff
The EU is a customs union with common tariffs against the rest of the world. The customs rates are decided by a qualified majority in the Council of Ministers but must accord with the rules of the WTO.
Notes
- Importing a bicycle from Japan, for example, requires payment of a 15% customs duty to the EU.
Links
http://ec.europa.eu/taxation_c......es/tariff_aspects/index_en.htm
