Following an amendment to the Union Customs Code Delegated Regulation (EU) 2015/2446, it will be possible from 1 January 2021 to declare goods up to 150 € using a customs declaration that requires 3 times less data than a standard declaration.
The European Union and the United States of America will soon sign an agreement reviewing the functioning of an existing trade arrangement ensuring an autonomous tariff quota (TRQ) for imports of high-quality beef into the EU. This will provide a solution to a longstanding dispute in the World Trade Organization (WTO) on the issue.
Today, the European Union and the United States delivered on a significant element of the Joint Statement agreed by Presidents Juncker and Trump in July 2018. The positive transatlantic trade agenda established in the Joint Statement includes a commitment from both sides to reduce barriers and increase trade in a range of sectors, including pharmaceuticals.
As part of its transparency commitment, as well as its ongoing initiative to engage with civil society, the European Commission held two meetings yesterday with stakeholders on the ongoing trade policy agenda, as well as the state of play on the EU-US Executive Working Group (EWG) work programme.