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What is the EU customs union? - BBC News
Brexit: Five steps to understanding the EU customs union
How the UK's future trading relationship with Europe is going to work is one of the biggest Brexit questions.
The government says it's committed to quitting the EU's customs union, but what exactly does that mean? We explain.
Please subscribe HERE http://bit.ly/1rbfUog
published: 11 May 2018
-
European Customs Union - Explaining Brexit
With the UK about to leave the EU many options lie in front of Britain. One choice is to stay in the European Customs Union. This could work as a compromise to keep trade routes open while still leaving the EU. But will this step be enough to keep everyone happy?
Brexit Explained Playlist: goo.gl/8VNcEi
EU Single Market Explained: https://goo.gl/eRLvoY
EU Customs Union Explained: https://goo.gl/UKjjjd
EU Free Trade Area Explained: https://goo.gl/ZbukzP
Hard Brexit Explained: https://goo.gl/FaLjvD
Like Us On Facebook: https://www.facebook.com/TLDRnewsUK
published: 24 Jul 2017
-
Trade Theory - Customs Unions
A customs union comprises a group of countries that agree to:
Abolish tariffs and quotas between member nations to encourage free movement of goods and services.
Adopt a common external tariff (CET) on imports from non-members countries.
Preferential tariff rates apply to preferential or free trade agreements that the European Union has entered into with third countries or groupings of third countries
The European Union (EU) is a customs union. The EU also has customs union agreements with Turkey, Andorra and San Marino
The average EU import tariff is 4.8 per cent. The EU common external tariff ranges from 0 per cent on pharmaceutical products and 11 per cent on footwear to as high as 45 per cent on tobacco.
The Southern African Customs Union (SACU) is a customs union between Botswa...
published: 09 Jan 2017
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What is the customs union? A primer - BBC Newsnight
Our policy editor Chris Cook looks at how the EU customs union works, and what it would mean for the UK if it left.
Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews.
Website: www.bbc.co.uk/newsnight
YouTube: https://www.youtube.com/user/BBCNewsnight
Twitter: https://twitter.com/BBCNewsnight
Facebook: https://www.facebook.com/bbcnewsnight
Snapchat: https://www.snapchat.com/add/bbcnewsnight
published: 18 Jan 2017
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Brexit Explained: What Is A Customs Union? - LBC
A Customs Union is a phrase that keeps popping up in the Brexit debate. Here's everything you need to know about it:
Subscribe to LBC: http://bit.ly/SubscribeToLBC
LBC: Leading Britain's Conversation
DAB Digital Radio | 97.3FM FM London
published: 01 Apr 2019
-
How the EU customs union works
► Read: China cedes to US by opening car industry to foreigners https://on.ft.com/2JUX18n
The FT briefly explains what the EU customs union is and why the agreement is a critical element in the Brexit debate.
► Subscribe to FT.com here: http://bit.ly/2GakujT
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
published: 25 Apr 2018
-
Kevin Maguire Explains Single Market and Customs Union | Good Morning Britain
Kevin Maguire breaks down what the single market and customs union mean.
published: 24 Aug 2018
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What is a customs union and why does it matter to the UK after Brexit? | ITV News
In recent days, politics has been dominated by whether or not the UK would be in a customs union with the European Union after Brexit.
But what is a customs union and why does it matter?
Read more: http://bit.ly/2F5Mbcy
• Subscribe to ITV News on YouTube: http://bit.ly/2lOHmNj
• Get breaking news and more stories at http://www.itv.com/news
Follow ITV News on Facebook: https://www.facebook.com/itvnews/
Follow ITV News on Twitter: https://twitter.com/itvnews
Follow ITV News on Instagram: https://www.instagram.com/itvnews/
published: 01 Mar 2018
-
EU-Mercosur: Why the French have opposed this free trade agreement
Subscribe here: https://bit.ly/eudebates The French government wants to block the free trade agreement between the European Union and five South American countries. Meanwhile, farmers have called for nationwide protests starting on Monday.
French farmers threaten nationwide protests as Prime Minister Michel Barnier heads to Brussels to plead his country's case: The possibility that a trade agreement between the European Union and Mercosur might soon be signed has been creating political turmoil in France and across Europe.
What is the EU-Mercosur agreement?
This is a proposed free-trade agreement between the EU and the countries in the Mercosur, an abbreviation of Mercado Común del Sur ("Southern Common Market"), a South American trade bloc, the full members of which are Brazil, Arge...
published: 17 Nov 2024
-
Brexit crisis: What is a customs union?
There's a thinking that if any of the proposals MPs put forward gain majorities, the ones that call for the softest of Brexits stand the best chance.
Two different motions put forward by Conservative MPs - Nick Boles and Ken Clarke - would each see the UK remain in a customs union with the EU.
So what would that mean for a post-Brexit Britain?
Here is Sky's business correspondent Adam Parsons to explain.
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak
Like us on Facebook: https://www.facebook.com/skynews
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For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com...
published: 01 Apr 2019
2:43
What is the EU customs union? - BBC News
Brexit: Five steps to understanding the EU customs union
How the UK's future trading relationship with Europe is going to work is one of the biggest Brexit ques...
Brexit: Five steps to understanding the EU customs union
How the UK's future trading relationship with Europe is going to work is one of the biggest Brexit questions.
The government says it's committed to quitting the EU's customs union, but what exactly does that mean? We explain.
Please subscribe HERE http://bit.ly/1rbfUog
https://wn.com/What_Is_The_Eu_Customs_Union_BBC_News
Brexit: Five steps to understanding the EU customs union
How the UK's future trading relationship with Europe is going to work is one of the biggest Brexit questions.
The government says it's committed to quitting the EU's customs union, but what exactly does that mean? We explain.
Please subscribe HERE http://bit.ly/1rbfUog
- published: 11 May 2018
- views: 72888
2:59
European Customs Union - Explaining Brexit
With the UK about to leave the EU many options lie in front of Britain. One choice is to stay in the European Customs Union. This could work as a compromise to ...
With the UK about to leave the EU many options lie in front of Britain. One choice is to stay in the European Customs Union. This could work as a compromise to keep trade routes open while still leaving the EU. But will this step be enough to keep everyone happy?
Brexit Explained Playlist: goo.gl/8VNcEi
EU Single Market Explained: https://goo.gl/eRLvoY
EU Customs Union Explained: https://goo.gl/UKjjjd
EU Free Trade Area Explained: https://goo.gl/ZbukzP
Hard Brexit Explained: https://goo.gl/FaLjvD
Like Us On Facebook: https://www.facebook.com/TLDRnewsUK
https://wn.com/European_Customs_Union_Explaining_Brexit
With the UK about to leave the EU many options lie in front of Britain. One choice is to stay in the European Customs Union. This could work as a compromise to keep trade routes open while still leaving the EU. But will this step be enough to keep everyone happy?
Brexit Explained Playlist: goo.gl/8VNcEi
EU Single Market Explained: https://goo.gl/eRLvoY
EU Customs Union Explained: https://goo.gl/UKjjjd
EU Free Trade Area Explained: https://goo.gl/ZbukzP
Hard Brexit Explained: https://goo.gl/FaLjvD
Like Us On Facebook: https://www.facebook.com/TLDRnewsUK
- published: 24 Jul 2017
- views: 55311
4:15
Trade Theory - Customs Unions
A customs union comprises a group of countries that agree to:
Abolish tariffs and quotas between member nations to encourage free movement of goods and service...
A customs union comprises a group of countries that agree to:
Abolish tariffs and quotas between member nations to encourage free movement of goods and services.
Adopt a common external tariff (CET) on imports from non-members countries.
Preferential tariff rates apply to preferential or free trade agreements that the European Union has entered into with third countries or groupings of third countries
The European Union (EU) is a customs union. The EU also has customs union agreements with Turkey,
Andorra and San Marino
The average EU import tariff is 4.8 per cent. The EU common external tariff ranges from 0 per cent on pharmaceutical products and 11 per cent on footwear to as high as 45 per cent on tobacco.
The Southern African Customs Union (SACU) is a customs union between Botswana, Lesotho, Namibia, South Africa and Swaziland.
Kazakhstan, Belarus, Armenia, Kyrgyzstan make up a customs union with Russia –forming the Eurasian customs union system
https://wn.com/Trade_Theory_Customs_Unions
A customs union comprises a group of countries that agree to:
Abolish tariffs and quotas between member nations to encourage free movement of goods and services.
Adopt a common external tariff (CET) on imports from non-members countries.
Preferential tariff rates apply to preferential or free trade agreements that the European Union has entered into with third countries or groupings of third countries
The European Union (EU) is a customs union. The EU also has customs union agreements with Turkey,
Andorra and San Marino
The average EU import tariff is 4.8 per cent. The EU common external tariff ranges from 0 per cent on pharmaceutical products and 11 per cent on footwear to as high as 45 per cent on tobacco.
The Southern African Customs Union (SACU) is a customs union between Botswana, Lesotho, Namibia, South Africa and Swaziland.
Kazakhstan, Belarus, Armenia, Kyrgyzstan make up a customs union with Russia –forming the Eurasian customs union system
- published: 09 Jan 2017
- views: 31688
1:47
What is the customs union? A primer - BBC Newsnight
Our policy editor Chris Cook looks at how the EU customs union works, and what it would mean for the UK if it left.
Newsnight is the BBC's flagship news and cu...
Our policy editor Chris Cook looks at how the EU customs union works, and what it would mean for the UK if it left.
Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews.
Website: www.bbc.co.uk/newsnight
YouTube: https://www.youtube.com/user/BBCNewsnight
Twitter: https://twitter.com/BBCNewsnight
Facebook: https://www.facebook.com/bbcnewsnight
Snapchat: https://www.snapchat.com/add/bbcnewsnight
https://wn.com/What_Is_The_Customs_Union_A_Primer_BBC_Newsnight
Our policy editor Chris Cook looks at how the EU customs union works, and what it would mean for the UK if it left.
Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews.
Website: www.bbc.co.uk/newsnight
YouTube: https://www.youtube.com/user/BBCNewsnight
Twitter: https://twitter.com/BBCNewsnight
Facebook: https://www.facebook.com/bbcnewsnight
Snapchat: https://www.snapchat.com/add/bbcnewsnight
- published: 18 Jan 2017
- views: 16977
3:00
Brexit Explained: What Is A Customs Union? - LBC
A Customs Union is a phrase that keeps popping up in the Brexit debate. Here's everything you need to know about it:
Subscribe to LBC: http://bit.ly/SubscribeT...
A Customs Union is a phrase that keeps popping up in the Brexit debate. Here's everything you need to know about it:
Subscribe to LBC: http://bit.ly/SubscribeToLBC
LBC: Leading Britain's Conversation
DAB Digital Radio | 97.3FM FM London
https://wn.com/Brexit_Explained_What_Is_A_Customs_Union_Lbc
A Customs Union is a phrase that keeps popping up in the Brexit debate. Here's everything you need to know about it:
Subscribe to LBC: http://bit.ly/SubscribeToLBC
LBC: Leading Britain's Conversation
DAB Digital Radio | 97.3FM FM London
- published: 01 Apr 2019
- views: 10922
1:14
How the EU customs union works
► Read: China cedes to US by opening car industry to foreigners https://on.ft.com/2JUX18n
The FT briefly explains what the EU customs union is and why the agre...
► Read: China cedes to US by opening car industry to foreigners https://on.ft.com/2JUX18n
The FT briefly explains what the EU customs union is and why the agreement is a critical element in the Brexit debate.
► Subscribe to FT.com here: http://bit.ly/2GakujT
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
https://wn.com/How_The_Eu_Customs_Union_Works
► Read: China cedes to US by opening car industry to foreigners https://on.ft.com/2JUX18n
The FT briefly explains what the EU customs union is and why the agreement is a critical element in the Brexit debate.
► Subscribe to FT.com here: http://bit.ly/2GakujT
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
- published: 25 Apr 2018
- views: 9258
0:52
What is a customs union and why does it matter to the UK after Brexit? | ITV News
In recent days, politics has been dominated by whether or not the UK would be in a customs union with the European Union after Brexit.
But what is a customs un...
In recent days, politics has been dominated by whether or not the UK would be in a customs union with the European Union after Brexit.
But what is a customs union and why does it matter?
Read more: http://bit.ly/2F5Mbcy
• Subscribe to ITV News on YouTube: http://bit.ly/2lOHmNj
• Get breaking news and more stories at http://www.itv.com/news
Follow ITV News on Facebook: https://www.facebook.com/itvnews/
Follow ITV News on Twitter: https://twitter.com/itvnews
Follow ITV News on Instagram: https://www.instagram.com/itvnews/
https://wn.com/What_Is_A_Customs_Union_And_Why_Does_It_Matter_To_The_UK_After_Brexit_|_Itv_News
In recent days, politics has been dominated by whether or not the UK would be in a customs union with the European Union after Brexit.
But what is a customs union and why does it matter?
Read more: http://bit.ly/2F5Mbcy
• Subscribe to ITV News on YouTube: http://bit.ly/2lOHmNj
• Get breaking news and more stories at http://www.itv.com/news
Follow ITV News on Facebook: https://www.facebook.com/itvnews/
Follow ITV News on Twitter: https://twitter.com/itvnews
Follow ITV News on Instagram: https://www.instagram.com/itvnews/
- published: 01 Mar 2018
- views: 891
1:33
EU-Mercosur: Why the French have opposed this free trade agreement
Subscribe here: https://bit.ly/eudebates The French government wants to block the free trade agreement between the European Union and five South American countr...
Subscribe here: https://bit.ly/eudebates The French government wants to block the free trade agreement between the European Union and five South American countries. Meanwhile, farmers have called for nationwide protests starting on Monday.
French farmers threaten nationwide protests as Prime Minister Michel Barnier heads to Brussels to plead his country's case: The possibility that a trade agreement between the European Union and Mercosur might soon be signed has been creating political turmoil in France and across Europe.
What is the EU-Mercosur agreement?
This is a proposed free-trade agreement between the EU and the countries in the Mercosur, an abbreviation of Mercado Común del Sur ("Southern Common Market"), a South American trade bloc, the full members of which are Brazil, Argentina, Paraguay, Uruguay and Bolivia.
If finalized, it would be the most significant free-trade deal ever concluded by the EU, both in terms of the total population concerned (780 million people) and the volume of trade (between €40 and €45 billion in imports and exports).
The agreement aims to facilitate trade between Europe and South America by gradually eliminating nearly all customs duties on trade between the two blocs. The EU hopes to thereby boost exports of European goods that currently face high tariffs applied by Mercosur countries, such as cars, clothing and wine. The agreement also provides for a substantial beef import quota, the recognition of almost 400 protected geographical indications for products, and several other measures designed to facilitate European and South American companies' mutual access to public procurement markets.
After a lengthy negotiation process that began in the early 2000s, the agreement was formally concluded on June 28, 2019. However, several involved countries, on both sides of the Atlantic, expressed hesitations that have delayed its ratification.
Brazilian President Lula's election, in 2022, revived the matter, and the European Commission and Mercosur resumed talks to negotiate an annex to the deal, which was intended to clarify the text of the agreement and address the main criticisms that have been leveled against it.
European Commission President Ursula von der Leyen now hopes to reach a compromise before the end of the year. Two upcoming events could serve as opportunities for it to be officially signed: the G20 summit (in Brazil, from November 18-19); or the Mercosur summit (in Uruguay, set to be held from December 5-6).
Why are French farmers dissatisfied with it?
For several years now, this project has been a source of great concern among farmers, who have denounced the threat that a massive influx of South American foodstuffs could pose to the French market. The agreement includes cutting import tariffs on up to 45,000 tons of honey, 60,000 tons of rice and even 180,000 tons of sugar.
However, the main point of contention has been the beef quota – 99,000 tons of beef that will be subject to a fixed tariff rate of 7.5% – as well as 60,000 tons of another type of bovine meat and 180,000 tons of poultry, which will be duty-free. Livestock farmers have condemned it as a form of unfair competition, as the farms in South America are larger, the health and environmental standards are less strict and the labor costs are lower.
One year after a vast European farmers' protest movement, and with elections for farmers' representatives set for January 2025, French farmers' unions are strongly mobilizing their members against the EU-Mercosur agreement.
The country's second-largest agricultural union – Coordination Rurale, some of whose leaders are close to the far right – has promised "an agricultural revolt" starting on Tuesday, November 19, with plans to "block food freight."
Why does the French political class oppose this agreement?
In France, opposition to the agreement cuts across party lines. More than 600 members of parliament, from a wide range of political parties, recently expressed this stance in an op-ed in Le Monde, arguing that the agreement fails to meet "the democratic, economic, environmental and social criteria set by the Assemblée Nationale and the Sénat." This unanimity has been echoed in civil society, where opposition to the EU-Mercosur agreement has rallied together an unprecedented coalition of farmers, environmentalists and detractors of free-trade agreements.
Stay connected with us!
Facebook: https://www.facebook.com/eudebates.tv/
Twitter: https://twitter.com/eudebates
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#eudebates the unique initiative aiming to promote debate, dialogue, knowledge, participation and communication among citizens. #France #Macron #Lula #Germany #Scholz #Argentina #Mercosur #Milei #javiermilei #javiermileipresidente2023 #LatinAmerica #Caribbean #LAC #Borrell #Mexico #Chile #Brasil #brasileirão #trade #tradewar #tradewars
https://wn.com/Eu_Mercosur_Why_The_French_Have_Opposed_This_Free_Trade_Agreement
Subscribe here: https://bit.ly/eudebates The French government wants to block the free trade agreement between the European Union and five South American countries. Meanwhile, farmers have called for nationwide protests starting on Monday.
French farmers threaten nationwide protests as Prime Minister Michel Barnier heads to Brussels to plead his country's case: The possibility that a trade agreement between the European Union and Mercosur might soon be signed has been creating political turmoil in France and across Europe.
What is the EU-Mercosur agreement?
This is a proposed free-trade agreement between the EU and the countries in the Mercosur, an abbreviation of Mercado Común del Sur ("Southern Common Market"), a South American trade bloc, the full members of which are Brazil, Argentina, Paraguay, Uruguay and Bolivia.
If finalized, it would be the most significant free-trade deal ever concluded by the EU, both in terms of the total population concerned (780 million people) and the volume of trade (between €40 and €45 billion in imports and exports).
The agreement aims to facilitate trade between Europe and South America by gradually eliminating nearly all customs duties on trade between the two blocs. The EU hopes to thereby boost exports of European goods that currently face high tariffs applied by Mercosur countries, such as cars, clothing and wine. The agreement also provides for a substantial beef import quota, the recognition of almost 400 protected geographical indications for products, and several other measures designed to facilitate European and South American companies' mutual access to public procurement markets.
After a lengthy negotiation process that began in the early 2000s, the agreement was formally concluded on June 28, 2019. However, several involved countries, on both sides of the Atlantic, expressed hesitations that have delayed its ratification.
Brazilian President Lula's election, in 2022, revived the matter, and the European Commission and Mercosur resumed talks to negotiate an annex to the deal, which was intended to clarify the text of the agreement and address the main criticisms that have been leveled against it.
European Commission President Ursula von der Leyen now hopes to reach a compromise before the end of the year. Two upcoming events could serve as opportunities for it to be officially signed: the G20 summit (in Brazil, from November 18-19); or the Mercosur summit (in Uruguay, set to be held from December 5-6).
Why are French farmers dissatisfied with it?
For several years now, this project has been a source of great concern among farmers, who have denounced the threat that a massive influx of South American foodstuffs could pose to the French market. The agreement includes cutting import tariffs on up to 45,000 tons of honey, 60,000 tons of rice and even 180,000 tons of sugar.
However, the main point of contention has been the beef quota – 99,000 tons of beef that will be subject to a fixed tariff rate of 7.5% – as well as 60,000 tons of another type of bovine meat and 180,000 tons of poultry, which will be duty-free. Livestock farmers have condemned it as a form of unfair competition, as the farms in South America are larger, the health and environmental standards are less strict and the labor costs are lower.
One year after a vast European farmers' protest movement, and with elections for farmers' representatives set for January 2025, French farmers' unions are strongly mobilizing their members against the EU-Mercosur agreement.
The country's second-largest agricultural union – Coordination Rurale, some of whose leaders are close to the far right – has promised "an agricultural revolt" starting on Tuesday, November 19, with plans to "block food freight."
Why does the French political class oppose this agreement?
In France, opposition to the agreement cuts across party lines. More than 600 members of parliament, from a wide range of political parties, recently expressed this stance in an op-ed in Le Monde, arguing that the agreement fails to meet "the democratic, economic, environmental and social criteria set by the Assemblée Nationale and the Sénat." This unanimity has been echoed in civil society, where opposition to the EU-Mercosur agreement has rallied together an unprecedented coalition of farmers, environmentalists and detractors of free-trade agreements.
Stay connected with us!
Facebook: https://www.facebook.com/eudebates.tv/
Twitter: https://twitter.com/eudebates
Instagram: https://www.instagram.com/eudebates.tv/
#eudebates the unique initiative aiming to promote debate, dialogue, knowledge, participation and communication among citizens. #France #Macron #Lula #Germany #Scholz #Argentina #Mercosur #Milei #javiermilei #javiermileipresidente2023 #LatinAmerica #Caribbean #LAC #Borrell #Mexico #Chile #Brasil #brasileirão #trade #tradewar #tradewars
- published: 17 Nov 2024
- views: 79
3:15
Brexit crisis: What is a customs union?
There's a thinking that if any of the proposals MPs put forward gain majorities, the ones that call for the softest of Brexits stand the best chance.
Two diffe...
There's a thinking that if any of the proposals MPs put forward gain majorities, the ones that call for the softest of Brexits stand the best chance.
Two different motions put forward by Conservative MPs - Nick Boles and Ken Clarke - would each see the UK remain in a customs union with the EU.
So what would that mean for a post-Brexit Britain?
Here is Sky's business correspondent Adam Parsons to explain.
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak
Like us on Facebook: https://www.facebook.com/skynews
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Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
https://wn.com/Brexit_Crisis_What_Is_A_Customs_Union
There's a thinking that if any of the proposals MPs put forward gain majorities, the ones that call for the softest of Brexits stand the best chance.
Two different motions put forward by Conservative MPs - Nick Boles and Ken Clarke - would each see the UK remain in a customs union with the EU.
So what would that mean for a post-Brexit Britain?
Here is Sky's business correspondent Adam Parsons to explain.
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak
Like us on Facebook: https://www.facebook.com/skynews
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For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
- published: 01 Apr 2019
- views: 81765