Better Utilization of EU Free Trade Agreements
Utilization of Tariff-Rate Quotas According to both the BDI survey and the European Commission, German and European exporters only use tariff-rate quotas (TRQ) for a few products. TRQ offer the possibility that “goods are imported duty-free or at a reduced duty rate within a fixed period (quota period) up to the amount of a certain value or quantity limit (quota quantity).”1 (zoll.de) The EU and the German government should therefore increase knowledge of relevant TRQ in European FTA. Since such quotas remain unused for many products in chapters 1-24, greater utilization has the potential to reduce costs in the export of agricultural goods.
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Generalzolldirektion, Zollkontingente, <https://www.zoll.de/DE/Unternehmen/Warenverkehr/Einfuhr-aus-einem-Nicht-EUStaat/Zoll-und-Steuern/Zollermaessigung-befreiung/Warenart/Kontingente/kontingente.html>.
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