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This in-depth analysis summarizes the main effects of the Customs Union (CU) on EU-Turkey trade and the economic situation in Turkey. Whereas the CU offers Turkey several economic benefits, it also implies some downsides, in particular asymmetric tariffs in relation to third countries. Against the background of the dynamic development of EU-Turkey relations, the authors assess the impact of four different options for developing EU-Turkey economic and trade relations: (i) Continuation of the current ...

Turkey has featured regularly on the agenda of the European Council in recent years, notably in the context of the migration crisis and military operations in Syria, and as a result of an increasingly tense situation in the eastern Mediterranean, which led to a significant military build-up at sea during the summer of 2020. In all these cases, the European Council (re)acted swiftly, ensuring that the views of the Member States were taken into consideration. In the migration crisis, it stepped up ...

On 18 June 2018, the Commission put forward a proposal for a regulation establishing a Customs programme for cooperation in the field of customs over the 2021-2027 MFF period, a successor to Customs 2020. The programme's main objective is to fund actions aimed at strengthening the customs union. On 15 December 2020, the co-legislators reached agreement in trilogue. The Council adopted its first-reading position on 1 March 2021. On 8 March 2021, IMCO – the committee responsible for the file in the ...

The IA underpinning the proposal to establish a single window environment for customs is well structured, substantiated and clear. It acknowledges a scarcity of comparable EU-wide data, and is transparent on the assumptions underlying the analysis. The presentation, screening and assessment of the retained policy options is clear and balanced, assessing their direct economic impacts, as well as their social and environmental implications. The selection of the preferred options is based on cost-effectiveness ...

The United Kingdom (UK) withdrew from the European Union (EU) on 1 February 2020. The Withdrawal Agreement, which entered into force on 1 February 2020, provides for a transition period during which the UK will remain in the EU's single market and customs union until 1 January 2021. The Withdrawal Agreement also includes a Protocol on Ireland/Northern Ireland, which states that Northern Ireland will be part of the UK's customs territory and internal market after the transition, but that goods originating ...

Turkey is the EU's fifth largest trading partner, while the EU is Turkey's largest. The association agreement concluded between the European Economic Community (EEC) and Turkey in 1963 was an interim step towards the country's accession to the EEC, membership of which it had applied for in 1959. The EU-Turkey customs union came into force in 1995, and Turkey obtained EU candidate status in 1999. In December 2004, the European Council decided that Turkey qualified for EU accession, making it possible ...

On 9 September 2020, the United Kingdom (UK) government tabled a bill in the House of Commons which would govern the country's internal market after the Brexit transition period ends. It aims to allow goods and services to flow freely between the four jurisdictions of the UK – England, Scotland, Wales and Northern Ireland – replacing the rules now in place through membership of the EU's single market. Certain parts of this UK Internal Market Bill are particularly controversial, as they explicitly ...

Zdravko Marić, Minister of Finance of Croatia, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Croatian Presidency (January-June 2020). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing provides an overview of the Croatian Presidency priorities in ECON matters, including the deepening of EMU, and the Council’ ...

The commissioner-designate, Paolo Gentiloni, appeared before the European Parliament on 03 October 2019 to answer questions from MEPs in the Committees on Economic and Monetary Affairs and on Budgets. During the hearing, he made a number of commitments which are highlighted in this document. These commitments refer to his portfolio, as described in the mission letter sent to him by Ursula von der Leyen, President-elect of the European Commission and include economic and financial affairs, fair and ...

This report summarises the discussion that took place at the workshop on “Strengthening Competitiveness of the Internal Market by Developing the EU Customs Union and its Governance”. The Union Customs Code is a key element of the ongoing actions to modernise EU customs. With the aim of discussing the main challenges related to this topic and the recent proposal of the European Commission to postpone the deadline of 2020, the workshop was hosted by Ms Virginie Rozière, MEP. This document was prepared ...