Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2017) 593 final (13.10.17) |
Publication Date | 13/10/2017 |
Content Type | Policy-making |
The Convention of 20 May 1987 on the Simplification of Formalities in Trade in Goods aims to facilitate the trade between the European Union and other countries which are Contracting Parties to the Convention by introducing a single document based on a declaration form that shall serve as declaration for export, transit or import. The Convention entered into force on 1 January 1988. The EU-EFTA Joint Committee administers the Convention and ensures its proper implementation. On 5 December 2017, at its 30th meeting, the Joint Committee is expected to adopt a Decision amending the Annexes to the Convention. The amendment to the Convention is aimed at its alignment with certain provisions of the UCC Delegated and Implementing acts concerning the common data requirements for customs declarations which will be applicable as of certain dates in the future. That alignment is to improve the simplification of formalities in trade in goods among the Contracting Parties. The improvements should result in substantial and tangible benefits for traders and for customs administrations. |
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Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2017:593:FIN |
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Subject Categories | Politics and International Relations, Trade |
Countries / Regions | Europe |