EU OKs New Trade Terms For N. Africa, Other Regions

Law360, New York (April 14, 2011, 6:22 PM EDT) -- The European Union and several free trade partners on Thursday agreed to offer preferential customs duty rates to exporters in North Africa, the Middle East and former Yugoslav states in an effort to allow broader market access.

The EU, along with free trade partners Iceland, Liechtenstein, Norway and Switzerland, said they would lower tariffs for more than a dozen states or territories after making changes to rules on where products are made and originate.

The EU’s rotating presidency, currently held by Hungary, said a convention on...
To view the full article, register now.