VATupdate

Share this post on

Moldova and Montenegro Join Common Transit Convention, Simplifying Trade Across Europe in 2025

  • Moldova and Montenegro will join the Common Transit Convention and the Convention on the Simplification of Formalities in Trade in Goods on 1 November 2025.
  • Their accession expands a network that eases goods movement between the EU, EFTA countries, Türkiye, North Macedonia, Serbia, the UK, Georgia, and Ukraine.
  • The conventions harmonize transit rules, simplify border crossings, and require use of the NCTS electronic customs system.
  • Benefits include reduced costs, better-targeted controls, and less congestion at land borders.
  • This marks significant growth for the trade network, with Montenegro reinforcing West Balkan integration and Moldova supporting projects linking Ukraine and Moldova to the EU.

Source: taxation-customs.ec.europa.eu

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

VAT IT
Pincvision

Advertisements:

  • vatcomsult
  • fincargo
  • RTC