EU Proposes Exempting Jet Fuel From Customs Duties

Law360, New York (November 4, 2013, 2:24 PM EST) -- Looming changes to World Trade Organization rules caused the European Commission on Monday to propose exempting jet fuel imports from customs duties, opening the European market up to countries without bilateral aviation agreements.

The majority of the European Union's jet fuel imports currently come from countries that benefit from the Generalized Scheme of Preferences, which requires equal treatment of all imports from other WTO nations.

But changes in WTO rules next year will mean that imports of jet fuel might no longer receive that preferential treatment,...
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