- Negotiating Mandate Approved: The EU Council has agreed on a partial negotiating mandate for a comprehensive reform of the EU customs framework, paving the way for discussions with the European Parliament.
- Key Features of the Reform: The proposed changes include establishing a new EU Customs Authority to coordinate national customs, creating a central EU Customs Data Hub for streamlined information submission, and modernized rules for e-commerce and trusted traders.
- Focus on Efficiency and Protection: The reform aims to enhance duty collection efficiency, strengthen protection of the Single Market, and facilitate trade without imposing excessive burdens on businesses or authorities, while also introducing new handling fees for small consignments.
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- EU Member States agreed on a common position for the new Union Customs Code, aiming to modernize customs procedures and improve control, focusing especially on the growing e-commerce sector within the Customs Union.
- The reform introduces the European Customs Authority (EUCA) and a Customs Data Hub to centralize data submission and processing, reducing bureaucracy and lowering costs for importers across multiple EU countries.
- The agreement allows the Council to start negotiations with the European Parliament; final approval is required before the new customs code becomes legally binding and operational across the EU.
Source: vatabout.com