Customs Union
Further information: European Union Customs UnionThe "Agreement between the European Economic Community and the Principality of Andorra" (signed 28 June 1990, entered into force 1 July 1991) establishes a customs union with most favoured nation status between the Principality and the EU. Andorra is treated as an EU state where trade in manufactured goods is concerned, but not for agricultural produce.
There are full customs checks on the EU side of the border, as Andorra has low VAT and other indirect taxes, such as those for alcohol, tobacco and petrol, from which visitors might benefit.
Read more about this topic: Andorran And The Euro
Famous quotes containing the words customs and/or union:
“If someone were to put a proposition before men bidding them choose, after examination, the best customs in the world, each nation would certainly select its own.”
—Herodotus (c. 484–424 B.C.)
“If in madness of delusion, anyone shall lift his parricidal hand against this blessed union ... the arms of thousands will be raised to save it, and the curse of millions will fall upon the head which may have plotted its destruction.”
—Andrew Jackson (1767–1845)