Brussels, 04/11/2013 (Agence Europe) - On Monday 4 November, the European Commission published a draft regulation to exempt jet fuel imports from customs duty for a period of up to five years from 1 January 2014. The aim of the proposal is to ensure that the 0% customs tariff, which has been applied to jet fuel for many years, can continue.
At present, most jet fuel imported into the EU is from countries that benefit from the generalised system of preferences (GSP). However, due to changes...