| Author (Corporate) | Council of the European Union |
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| Series Title | Official Journal of the European Union |
| Series Details | L 317 |
| Publication Date | 14/12/2018 |
| Content Type | Legislation |
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Summary: On 14 September 2018 the European Commission presented a proposal for a Council Regulation on tariff quotas for certain fishery products for the period 2019-2020. The Council of the European Union adopted the Regulation on 11 December. Further information: The EU relies on imports to supply certain fishery products. Indeed, in the last 21 years it has become increasingly dependent on imports to meet demand. At present, the EU’s fisheries and aquaculture production covers only 46% of its needs. The autonomous trade measures for fishery and aquaculture products are designed mainly to enable the EU fish processing industry to import non-EU countries’ raw materials for further processing at reduced rates or duty-free. To guarantee a level playing field for EU producers, the sensitivity of individual fishery products on the EU market should also be taken into consideration. Regulation (EU) 2015/2265, as amended by Regulation (EU) 2016/1184, opened and provided for the management of autonomous Union tariff quotas for certain fishery products for the period 2016-2018. Given that the period of application of this Regulation expires on 31 December 2018, a new Regulation providing for tariff quotas should be adopted for the period 2019-2020. |
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| Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2018.317.01.0002.01.ENG |
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| Subject Categories | Taxation |
| Subject Tags | Customs Union |
| Keywords | Common Customs Tariff |
| International Organisations | European Union [EU] |
