EU Council approves China agreement modifying tariff-rate quotas after Brexit
Importers must use revised EU-China quota shares once the agreement enters force
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The EU Council approved the EU-China agreement modifying all tariff-rate quotas in EU Schedule CLXXV after the United Kingdom’s withdrawal from the Union.
Why it matters
The decision concludes the agreement that reapportions EU Schedule CLXXV tariff-rate quotas between the EU and China. Customs authorities and importers must use the revised quota concessions once the agreement enters into force and the entry date is published in the Official Journal.
Implications
- — EU customs authorities must apply the modified Schedule CLXXV tariff-rate quotas for covered imports once the EU-China agreement enters into force.
- — Importers using EU tariff-rate quotas for China-covered goods must update quota planning against the reapportioned Schedule CLXXV concessions before filing entries under the revised quotas.
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