Common Customs Tariff
- (Photo: Lis Lak)
The EU is a customs union with common tariffs for the rest of the world. The customs rates are decided by a qualified majority in the Council but bound by the WTO.
Notes
Importing a bicycle from Japan, for example, requires payment of a 15% customs duty to the EU.
Links
http://europa.eu.int/comm/taxa......s/customs/customsbrochure.html