European Union Customs Union (EUCU)

About

The European Union Customs Union (EUCU) is a unified trade alliance formed by EU member states. Established in 1968, it eliminates internal tariffs and trade barriers, allowing goods to move freely within the union. The EUCU imposes a common external tariff on goods imported from outside the EU, making it easier for EU companies to trade internationally. This setup enables the EU to negotiate as a single entity in global trade agreements, such as those with the World Trade Organization. The EUCU plays a crucial role in protecting consumers and the environment by enforcing strict regulations at external borders. It combats organized crime, terrorism, and tax fraud, while ensuring compliance with safety and quality standards for imported goods. The Union Customs Code (UCC) provides the legal framework for customs operations, aiming to streamline procedures and enhance legal certainty for businesses. The EUCU's activities are decentralized, with national customs authorities implementing EU legislation to facilitate legitimate trade while preventing illicit activities.