Summary
The European Parliament has approved an agreement with Cuba to adjust trade quotas following the United Kingdom's exit from the European Union. This ensures that previous trade commitments are correctly divided between the EU and the UK. 9 18.05.2021
Other
trade
economy
international relations
agriculture, forestry and fisheries
Key points
- Redistribution of existing trade commitments due to the United Kingdom's withdrawal from the EU.
- Adjustment of quotas for agricultural, fish, and industrial products.
- Maintenance of total quota volumes by splitting them between the EU and the UK.
- Use of historical trade flow data to determine the new distribution shares.
Documents (PDFs)
RECOMMENDATION on the draft Council decision on the conclusion on behalf of the European Union, of the Agreement in the form of an Exchange of Letters between the Union and Cuba relating to the modification of concessions on all the tariff-rate quotas included in the EU Schedule CLXXV as a consequence of the United Kingdom's withdrawal from the European Union
EU/Cuba Agreement: modification of concessions on all the tariff-rate quotas included in the EU Schedule CLXXV as a consequence of the United Kingdom's withdrawal from the European Union ***
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