ANNOUNCEMENT 28 Jun 2022

In June 2022, the EU adopted a regulation updating the list of agricultural and industrial products subject to a reduction or elimination of import duties.

 

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

EUR-Lex. Official Journal of the EU. "Council Regulation (EU) 2022/1008 of 17 June 2022 amending Regulation (EU) 2021/2278 suspending the Common Customs Tariff duties referred to in Article 56(2), point (c), of Regulation (EU) No 952/2013 on certain agricultural and industrial products". 28/06/2022. Available at:
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv%3AOJ.L_.2022.170.01.0001.01.ENG&toc=OJ%3AL%3A2022%3A170%3ATOC

EUR-Lex. Official Journal of the EU. "Council Regulation (EU) 2021/2278 of 20 December 2021 suspending the Common Customs Tariff duties referred to in Article 56(2), point (c), of Regulation (EU) No 952/2013 on certain agricultural and industrial products, and repealing Regulation (EU) No 1387/2013". 29/12/2021. Available at:
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv%3AOJ.L_.2021.466.01.0001.01.ENG&toc=OJ%3AL%3A2021%3A466%3ATOC

WTO Tariff Download Facility. Accessed 11/01/2022: http://tariffdata.wto.org/Default.aspx

Inception date: 01 Jul 2022 | Removal date: open ended

Import tariff

On 28 June 2022, the EU adopted Council Regulation (EU) 2022/1008 reducing or eliminating the import duties on 41 agricultural and industrial products. The measure modifies Council Regulation (EU) 021/2278 of December 2021 (see related state act) with the objective of ensuring a sufficient supply of these products which are currently not being produced in the EU.

In particular, the measure eliminates the import duties imposed on 36 six-digits tariffs subheadings and reduces the import duties for 4 six-digits subheadings to a range between 1.3% and 3.2%. According to the WTO Tariff Download Facility, the previously applicable import duties for the benefitted products ranged between 0.7% and 6.5%.

The measure entered into force on 1 July 2022. Specific tariff subheadings are due to be revised before December 2022 and December 2026, which can lead to amendments.

 
Inception date: 01 Jul 2022 | Removal date: open ended

Import tariff

On 28 June 2022, the EU adopted Council Regulation (EU) 2022/1008 increasing the import duties on 8 agricultural and industrial products enclosed in 6 six-digits tariff subheadings. The measure modifies Council Regulation (EU) 021/2278 of December 2021 (see related state act).

In particular, the measure eliminates the following CN codes from the Annex of Council Regulation (EU) 021/2278: 2905.39.95, 7607.11.90, 8482.99.00, 8529.90.92, 8548.00.90, and 8708.94.20. As a consequence, the import duties of these products were increased from 0% and 3.7% for the case of CN code 7607.11.90 to values ranging between 0.9% and 8%. The new duties are retrieved from the MFN duties registered in the WTO Tariff Download Facility.

The measure entered into force on 1 July 2022. Specific tariff subheadings are due to be revised before December 2022 and December 2026, which can lead to amendments.