The Baltic Course

International Internet Magazine. Baltic States news & analytics Monday, 26.09.2016, 01:30

EU Customs Union: combating global fraud in goods

EU Customs Union: combating global fraud in goods

26.09.2016.

Newly published Commission’s report shows that in 2015 the EU’s share of world trade in goods accounted for almost 15%, worth €3.5 trillion. To manage this volume of international trade requires handling millions of customs declarations per year. However, more than 40 million products violating intellectual property right were detained at the EU's external borders, with a value of nearly €650 million.

Keyword tags: Custom, EU – Baltic States, Good for Business, Markets and Companies, Modern EU


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