customs union 1968-2018: the world’s largest trading bloc turns 50 · 2018. 6. 27. · the...
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Taxation andCustoms Union
Customs Union 1968-2018:the world’s largest trading bloc turns 50
The Customs Union is a tremendous and unique accomplishment. It allows Europeans to reap the full benefits of the internal market, keeping trade flowing and consumers safe. I am grateful to the many thousands of people who have and continue to contribute to this European achievement over the past 50 years.
Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs
KEY FUNCTIONS OF THE EU CUSTOMS UNION
Protectingcitizens and the
environmentagainst many
different hazardousgoods
Combatingcounterfeiting
and piracy
Supportingthe fight
against fraud,organised crime,
drugs andterrorism
Encouraginglegitimate tradeand enhancing
competitiveness
Ensuringthe correct payment
of duties andtaxes due
on imports intothe EU
Implementingtrade policymeasures
“”
#CustomsUnion #CU50 https://ec.europa.eu/50customs
Every minute in the EU,
4.5 thousandtonnes of goodsare imported andexported worth€6.6 million.
Customs operationshandle
15% of total world trade,2.4 billion tonnes
of goods a year worthnearly €3.5 trillion.
Each year, customsauthorities check almost
1,800 million tonnesof ship cargo and about
20 million tonnesof air cargo.
Each year,
313 million customsdeclarations are handled,which means 10 customsdeclarations every second,
24 hours a day.
In 2016,customs in theEU collected
€25 billionin customs duties.
Member States retain20% to cover costsof collection, while
€20 billion was passed on to the EU.
That’s roughly 14%of the overall EU
budget, a significantpart of the EU’s‘traditional own
resources’.
DID YOU KNOW?
SUCCESS BY NUMBERS
299 tonnesof drugs seized
4.6 billionillegal cigarettes
seized
6,256 firearmsseized
1 million piecesof ammunition
seized
1,520 piecesof explosives
seized
41 millioncounterfeit articles
detained worth nearly€672 million
€537 millionin unpaid duties
detected
10,000 casesof non-declared cash
or incorrectlycompleted cash declarations
recorded every year
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