European Union Customs Union
The European Union Customs Union is a customs union which consists of all the Member States of the European Union (EU), Turkey and three European microstates: San Marino, Monaco and Andorra. No customs are levied on goods travelling within the customs union and members of the customs union impose a common external tariff on all goods entering the union. One of the consequences of the customs union is that the European Union has to negotiate as a single entity in international trade deals such as the World Trade Organisation.
Read more about this topic: Free Trade Areas In Europe
Famous quotes containing the words european, union and/or customs:
“So in Jamaica it is the aim of everybody to talk English, act English and look English. And that last specification is where the greatest difficulties arise. It is not so difficult to put a coat of European culture over African culture, but it is next to impossible to lay a European face over an African face in the same generation.”
—Zora Neale Hurston (1891–1960)
“Should the German people lay down their arms, the Soviets ... would occupy all eastern and south-eastern Europe together with the greater part of the Reich. Over all this territory, which with the Soviet Union included, would be of enormous extent, an iron curtain would at once descend.”
—Joseph Goebbels (1897–1945)
“No man ever looks at the world with pristine eyes. He sees it edited by a definite set of customs and institutions and ways of thinking.”
—Ruth Benedict (1887–1948)