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Fisheries: EU Council adopts regulation on autonomous EU tariff quotas

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Tuesday, 11 December 2018

Fisheries: EU Council adopts regulation on autonomous EU tariff quotas

In 2019 and 2020 the EU fish processing industry will continue to import raw material for further processing from non-EU countries at reduced rates or duty free. The Council today (11/12/2018) adopted a regulation opening autonomous EU tariff quotas (ATQs) for certain fishery products for the years 2019 and 2020, and providing rules for the management of these quotas.  ''The objective of ATQs is to provide the EU processing industry with raw and semi-raw materials, so as to ensure its competitiveness, without harming EU suppliers.'' says Elisabeth Köstinger, Austrian Federal Minister for Sustainability and Tourism, and President of the Council. Over the past two decades the EU has become more dependent on imports from third countries to meet its demand for fishery and aquaculture products. This is because these products are either not produced in the EU, or because they are not produced in sufficient quantities for what is the worlds’ biggest market in terms of value. The ATQ regulation covers a certain number of fisheries products for which, for a limited volume, the duty will be suspended or reduced. Duty and volume are specific to each product. Tariff quotas are only granted to those products that are imported for further processing in the EU. The tariff quotas will be managed by the Commission and member states in accordance with the current system of tariff-quota management, which operates on a first-come-first-served basis.

Source: consilium.europa.eu