European Union Customs Code

The objectives of the subject “New Union Customs Code” are the following:

1. To understand the New Union Customs Code
2. To analyse the new simplified customs procedures of the EU
3. To know the EU special regimes

Description - Union Customs Code (European Union):

The new Customs Code of the European Union and its complementary rules have been in force since 1 May 2016. The fundamental objective is to consolidate the European economic integration by optimising the customs procedures of the EU (Customs Union) as well as enhancing the foreign trade.

The complementary rules of the new European Customs Code define the European customs procedures.

The new European Customs Code enhances the use of new information technologies and the role of the economic operators. The concept of customs value and exporter has been redefined.

The Customs regimes are referred to as special regimes and can be:

A) General

1. Release for free circulation
2. Export

B) Specials

1. Storage (customs warehouse and free zones)
2. Transit (external or internal)
3. Special destination (temporary importation and final destination)
4. Improvement (passive and active).

In the New Customs Code, free warehouses, free zones (type II) or reimbursement system for the inward processing are eliminated.

A new exporter registration system is defined for the beneficiary countries of the Generalised System of Preferences (GSP).

Member Countries of the European Union: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, France, Estonia, Finland, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

United Kingdom (non-EU member, BREXIT).

This new code replaces the previous one.

The Union Customs Code belongs to the European Economic Area (Western Civilisation).

European Union Trade Agreements: EU-Africa Strategic Partnership, Agadir Agreement, Algeria, Ivory Coast, Egypt, Morocco, Tunisia, South Africa, Gulf Cooperation Council, Jordan, Lebanon, ASEAN, Georgia, Moldova, Russia, Turkey, Ukraine, Central America, CARIFORUM, Chile, MERCOSUR, Mexico, Andean Countries, United States, Canada, China, India, South Korea...

Trans-European Transport Network Corridors

1. Atlantic Transport Corridor
2. Baltic-Adriatic Transport Corridor
3. North Sea-Baltic Transport Corridor
4. North Sea-Mediterranean Transport Corridor
5. Mediterranean Transport Corridor
6. Eastern Europe-Eastern Mediterranean Transport Corridor
7. Scandinavian-Mediterranean Transport Corridor
8. Rhine-Alpine Transport Corridor
9. Rhine-Danube Transport Corridor
10. Strasbourg-Danube Transport Corridor
11. Pan-European Corridor II
12. Pan-European Corridor IX