Brussels, 21/06/2007 (Agence Europe) - The ambassadors of EU member states reached a political agreement, on Wednesday 20 June, on the proposal for a regulation to establish a modernised customs code (see EUROPE 9320). The agreement will be confirmed without debate at ministerial level during the Competitiveness Council on 25 June. European institutions aim to reach final adoption of the regulation at second reading in 2008, the year marking the 40th anniversary of the customs union. The...