European Customs Union: Facilitating Free Trade and Protecting Citizens for Over 50 Years

• The European Customs Union allows free circulation of goods within the EU by eliminating internal tariffs and applying a common external tariff.
• It has been crucial for the functioning of the internal market since 1968, benefiting citizens and businesses by facilitating trade and travel.
• Customs control is applied to goods entering or leaving the EU from third countries to ensure safety and compliance with regulations.
• The union strengthens the EU’s position in international trade and promotes security in the supply chain through partnerships.
• The Customs Union was established to remove internal tariffs and trade barriers, enhancing market access and product availability.

Source: bundesfinanzministerium.de

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.

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