ANNOUNCEMENT 27 Jun 2013In June 2013, the European Commission announced a change in import duties.
NUMBER OF INTERVENTIONS
On 27 June 2013, the EC amended certain import tariffs for a variety of agricultural, fishery and industrial products. The initial list was set out in Regulation 1344/2011 (related measures)
The measure foresees the suspension of import duties on 78 product lines (4 digit level) as well as the reintroduction of import duties on 31 product lines.
It is unclear whether the distortive effect of the introduction of new duties or the liberalising effect of the suspension will be dominant, therefore this measure is considered potentially trade distorting.
With the introduction of Regulation 1387/2013, the initial Regulation 1344/2011 is repealed, therefore the present amendment is also considered to expire with the entry into force of the Regulation 1387/2013 on 1 January 2014. (related measure)