| Author (Corporate) | Council of the European Union |
|---|---|
| Series Title | Official Journal of the European Union |
| Series Details | 2023/2880 |
| Publication Date | 29/12/2023 |
| Content Type | Legislation, Policy-making |
Summary:Regulation (EU) 2023/2880 - adopted by the Council of the European Union on 19 December 2023 - introducing amendments to Regulation (EU) 2021/2283 concerning the opening and management of autonomous tariff quotas of the European Union (EU) for certain agricultural and industrial products. Further information:Autonomous tariff quotas of the European Union (EU) are required for products whose production in the EU is insufficient to meet the needs of the user industry in the EU for a given quota period. In December 2021, the Council of the European Union adopted Regulation (EU) 2021/2283 opening and providing for the management of autonomous tariff quotas of the EU for certain agricultural and industrial products so that demand for the products in question could be met under the most favourable conditions. The Regulation is updated every six months to accommodate the needs of Union industry. The European Commission reviewed all requests from the Member States for autonomous tariff quotas duties. Following this review, the Commission considered that the opening of autonomous tariff quotas was justified for some new products not yet listed in the Annex to Council Regulation (EU) 2021/2283. In relation to some other products the wording of the description required changes, new TARIC codes should be assigned, or an increase of the initial quota volume became necessary. Products for which a tariff quota is no longer in the EU's economic interest should be withdrawn. This Council Regulation introduces amendments accordingly. The draft Council Regulation was tabled by the European Commission on 21 November 2023. It was adopted by the Council of the European Union on 19 December 2023. The legal act was published in the Official Journal on 29 December 2023. |
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| Source Link | Link to Main Source http://data.europa.eu/eli/reg/2023/2880/oj |
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| Subject Categories | Trade |
| Subject Tags | Customs Union |
| Keywords | Common Customs Tariff, Free Movement of Goods |
| International Organisations | European Union [EU] |
