Sunday 22 May 2011

Statement by EU on Modernised Customs Code

For weeks now there have been rumours that the implementation of EU's Modernised Customs Code will be delayed from the planned June 2013 date, either in full or part. As part of the 78th meeting of the Directors General for Customs of the EU Member States and Turkey a statement was made as to the EU's intentions on the Modernised Customs Code.

The key phrases, as I see it, are that the EU Commissioner is stressing a "limited and targeted intervention in the Code" and urging "sustained efforts to finalise the draft implementing legislation as quickly as possible".

But he also says they should use the occasion to correct some provisions of the Code to elements which are no longer in line with current EU legislation, or "have revealed too difficult or unworkable to be implemented". Any idea what they mean by this?

The full speech by Algirdas Ĺ emeta EU Commissioner for Taxation and Customs Union, Audit and Anti-Fraud "Pooling our efforts to build a modern Customs Union" can be accessed HERE
Vilnius, 19 May 2011