The European Commission approved autonomous tariff quotas for the import of fish products for the period 2024-2026

Published 2023년 12월 13일

Tridge summary

The EU is implementing an Authorized Tariff Quota (ATQ) to allow the import of fishery products at reduced tariff rates for further processing. This is to ensure a steady supply of fish products for the EU's fish processing industry. However, products from Russia and Belarus are not included in the ATQ due to geopolitical tensions and deteriorating relations with the EU. These ATQs will be in effect from January 1, 2024 to December 31, 2026 and will cover products like squid, cod, pollock, and shrimp.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

ATQ allows a certain quantity of a product to be imported into the EU at a reduced tariff rate. In recent decades, the EU has become increasingly dependent on imports to meet its needs for fishery products. The EU is adopting the ATQ to ensure sufficient supplies of fish products for its fish processing industry without jeopardizing EU fish production. These ATQs are only granted to products that are imported for further processing into the EU. They cover a certain quantity of fishery products and extend benefits to a limited volume of imports. However, certain exceptions were made due to geopolitical events. Fishing products from the Russian Federation will not be eligible for duty-free treatment under this rule due to tensions between the EU and the Russian Federation, as well as compliance with the EU's position on external action. In addition, Belarusian fish products are not included in the rules due to deteriorating relations with Belarus and its support for the Russian ...
Source: Fishretail

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