EU-USA Trade Quota Adjustment Post-Brexit

by name voted on 15.03.2023

Summary

This agreement between the EU and the USA adjusts trade quotas for various goods following the United Kingdom's exit from the European Union. It aims to redistribute existing trade commitments between the EU and the UK to maintain stable market access.

9 15.03.2023

Other

trade

economy

european union

international relations

agriculture, forestry and fisheries

Key points

The agreement addresses the need to redistribute trade quotas following Brexit.
It modifies concessions for agricultural, fish, and industrial goods between the EU and the USA.
The new shares are determined based on trade flows from a reference period between 2013 and 2015.
Specific adjustments were made to beef quotas to ensure they remain commercially viable.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Documents (PDFs)

RECOMMENDATION on the draft Council decision on the conclusion, on behalf of the Union, of the Agreement between the European Union and the United States of America 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/United States Agreement: modification of concessions on all the tariff rate quotas included in the EU Schedule CLXXV

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