Tag: Common External Tariff

  • Turkey’s EU Customs Union: How It Works & Why It Matters

    The European Union Customs Union with Turkey, established in 1995 under EU Council Decision 1/95, is one of the most consequential and complex trade arrangements affecting global commerce. For North American importers and exporters, understanding this relationship is essential because it fundamentally shapes Turkish tariff rates, customs procedures, and trade opportunities. This guide explains the…

  • The EU Customs Union Explained: What Non-EU Exporters Need to Know

    Peacock Tariff ConsultingPeacock Tariff Consulting Answer Capsule: The EU Customs Union eliminates tariffs between member states and applies a Common External Tariff to imports from third countries like the US, Canada, and UK. Non-EU exporters must navigate EU customs territory entry, Union Customs Code procedures, and special transit regimes. Understanding these requirements is essential for…