On Thursday 26 March, negotiators from the European Parliament and the Cypriot Presidency of the Council of the EU reached a political agreement on the reform of the Union Customs Code.
This reform provides for: - the creation of a ‘EU Customs Data Hub’ that will enable importers and exporters to interact effectively with EU customs authorities; - the simplification of customs formalities for the most reliable operators; - the introduction of an EU-wide handling fee for items contained...