union-customs-code

Industry unimpressed as Brussels rubber-stamps new customs code

The EU's Council of Industry Ministers rubber-stamped the new Union Customs Code (UCC) on 29 May – and has finally published a timetable for its implementation. The UCC is intended to modernise the EU’s customs regulation and facilitate and support intra-EU trade through  new technology while reducing costs and improving the effectiveness of customs controls, according to Richard Bruton, Ireland's Minister for Jobs, Enterprise and Innovation, and whose country currently ... [+]

Industry unimpressed as Brussels rubber-stamps new customs rules

The EU's Council of Industry Ministers rubber-stamped the new Union Customs Code (UCC) on 29 May. The UCC is intended to modernise the EU’s customs regulation and facilitate and supports intra-EU trade through the latest information and communication technologies -reducing costs, while improving the effectiveness of customs controls, according to ... [+]

EU may have to repeal new customs code

The EU's new – formerly the Modernised Customs Code – might need to be repealed by EU regulations – if, as widely expected, it cannot be implemented by the time the existing customs code expires on 24 June 2013, said an HMRC official. Richard Bright, international trade development liaison ... [+]