Tariff rate quotas for EU27: EU ambassadors agree on the Council's position
EU ambassadors yesterday agreed on the draft schedule of tariff rate quotas (TRQs) that the EU will apply after Brexit. The schedule will now have to be agreed with the European Parliament before it becomes EU law.
The UK's withdrawal from the EU has implications beyond the bilateral relationship between the EU and the UK, in particular with regard to their commitments under the Agreement Establishing the World Trade Organization (WTO).
The existing quantities of the EU's WTO bound TRQs for agricultural, fish and industrial goods have been established on the basis of the UK being an EU member state and forming part of the EU market. It is therefore necessary to reflect the fact that the EU's WTO schedule will no longer apply to the UK after its withdrawal from the EU.
The adjustment of the EU's WTO bound TRQs entails dividing up the existing quantities between the UK and the EU, based on previous trade patterns.
The EU will have to engage in negotiations with WTO partners for each of these tariff rate quotas. However, in the interest of maintaining clarity and predictability in the multilateral trading system, the EU needs to be able to proceed unilaterally to the dividing up of the tariff rate quotas for the period between the UK's withdrawal from the EU and the conclusion of a final agreement within the WTO.
- See agreed text here
- Council authorises opening of negotiations with WTO members on Brexit-related adjustments (press release, 26/06/2018)
+32 2 281 85 46
+32 476 53 11 80
Latest News from
EC fines Mastercard for obstructing merchants' access to cross-border card payment services23/01/2019 15:10:00
The EC has fined the card scheme Mastercard €570,566,000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules.
Digital Single Market: EU negotiators agree on new rules for sharing of public sector data23/01/2019 13:25:00
Negotiators from the European Parliament, the Council of the EU and the EC have reached an agreement on a revised directive that will facilitate the availability and re-use of public sector data.
Ireland: €155m EIB support for investment in two new cruise ferries by Irish Continental Group23/01/2019 12:43:00
Announcement made as the W.B. Yeats cruise ferry made its maiden commercial voyage from Dublin to Holyhead.
Chemical weapons: the EU places nine persons and one entity under new sanctions regime22/01/2019 16:25:00
The Council has imposed sanctions on nine persons and one entity under the new regime of restrictive measures against the use and proliferation of chemical weapons created on 15 October 2018.
First EU citizens using ePrescriptions in other EU country22/01/2019 15:10:00
This week, the first EU patients can use digital prescriptions issued by their home doctor when visiting a pharmacy in another EU country: Finnish patients are now able to go to a pharmacy in Estonia and retrieve medicine prescribed electronically by their doctor in Finland.
Animal health: harmonised data collection for more effective risk assessment22/01/2019 14:25:00
A new report marks a step forward in efforts to make the process for collecting data on animal diseases in the EU more agile. The report proposes an approach that optimises the way data are gathered by Member States and submitted to EFSA for analysis & reporting.
Fallback provisions in new contracts for euro-denominated cash products22/01/2019 12:20:00
Paper proposes guiding principles promoting use of effective fallback provisions in new contracts for euro-denominated cash products
Single-use plastics: member states confirm agreement which bans certain throwaway plastic items21/01/2019 16:25:00
EU member states have confirmed tough new restrictions on certain single-use plastic products.
EU-U.S. Trade Talks: EC presents draft negotiating mandates21/01/2019 14:10:00
The EC has adopted proposals for negotiating directives for its trade talks with the United States: one on conformity assessment, and one on the elimination of tariffs for industrial goods.