Summary
The European Parliament has approved an agreement with Thailand to redistribute trade quotas between the EU and the UK following Brexit. 9 30.07.2021
Other
trade
industry
fisheries
european union
international relations
agriculture, forestry and fisheries
Key points
- The agreement adjusts trade quotas as a direct consequence of the United Kingdom leaving the European Union.
- Total volumes for agricultural, fish, and industrial product quotas are maintained to prevent market disruption.
- Existing trade commitments are split into two separate customs territories: the EU-27 and the UK.
- The new distribution of quotas is calculated based on trade flows recorded between 2013 and 2015.
Documents (PDFs)
RECOMMENDATION on the draft Council decision on the conclusion of the agreement between the Union and the Kingdom of Thailand pursuant to Article XXVIII of the General Agreement on Tariffs and Trade (GATT) 1994 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/Thailand 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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