Despite the advantages relating to the EU’s internal market, barriers costing the equivalent of a 44% customs duty on the movement of goods persist, according to a study published by the International Monetary Fund at the end of 2024. For services, this tariff equivalent rises to 110%.
The European Commission wants to break down all these barriers within the next few years, with the ultimate aim of becoming more competitive. On Wednesday 21 May, the Commission listed all the initiatives it...